Wheat farmers taking a double hit as prices drop and weather tak - Spokane, North Idaho News & Weather KHQ.com

Wheat farmers taking a double hit as prices drop and weather takes its toll

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Experts with the Washington Grain Commission say wheat production is at its lowest since 2008. Experts with the Washington Grain Commission say wheat production is at its lowest since 2008.
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Experts with the Washington Grain Commission say wheat production is at its lowest since 2008. 

Glen Squires with the Washington Grain Commission says the current average price per bushel of wheat is around $6.20 down from last year's price at $7.53. Dry conditions in Eastern Washington is also taking its toll on wheat farmers. 

According to the USDA its projecting 130 million bushels of wheat this year which experts say is below the 5 and 10 year average. Experts say previous years have been "very good" which could help many ride out this down year.

KHQ also spoke with family farmers near Plaza, Washington. Brian and Wayne Hofmann say their crop yield is typically 90 bushels of wheat per year. This year they say they're lucky to hit 70 bushels. That loss translates in to 70-80 thousand dollars less than the year before. 

"Yeah I can't remember the last time we were much under 90. It's been a long time." Brian Hofmann said Wednesday. 

Glen Squires with the Washington Grain Commission says it should not have much of an impact on consumers because the demand is the same and there is carry over from the year before.

 

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