Wheat Prices

HDGristle's Avatar
Wheat prices are way up. Yet domestic farmers aren't scrambling to plant more.

What's driving that behavior?

Who do you blame? Why?
You realize wheat isn't something that you can plant one day and harvest it the next, right? I doubt you are a farmer. Changing one's crop from something that they are permitted to grow and contracted to sell isn't something that that Old MacDonald can do overnight. Sure wheat might be up, sure if it stays up next year he could consider changing his crop, but his crops are already planted...



If he wants to do wheat, the upmost soonest he could do it would be for a winter harvest... assuming his current crops are already entirely harvested.


Changing crops isn't as easy as changing your internet provider or something. Some crops need years to cultivate and start to provide crops.
HDGristle's Avatar
There is a window for certain varieties that closes in the near term. Otherwise, you're not wrong.

But what other dynamics are driving the apathy towards chasing the current prices?