The Briefing Room

General Category => Economy/Business => Topic started by: rangerrebew on August 29, 2017, 12:00:51 pm

Title: An odd trend in wheat country: not much wheat
Post by: rangerrebew on August 29, 2017, 12:00:51 pm
An odd trend in wheat country: not much wheat
[Associated Press]
David Pitt, Associated Press
Associated PressAugust 28, 2017
 
 

DES MOINES, Iowa (AP) -- An odd thing has happened in wheat country — a lot of farmers aren't planting wheat.

Thanks to a global grain glut that has caused prices and profits to plunge, this year farmers planted the fewest acres of wheat since the U.S. Department of Agriculture began keeping records nearly a century ago.

Instead of planting the crop that gave the wheat belt its identity, many farmers are opting this year for crops that might be less iconic but are suddenly in demand, such as chickpeas and lentils, used in hummus and healthy snacks.

https://www.yahoo.com/news/odd-trend-wheat-country-not-052717423.html
Title: Re: An odd trend in wheat country: not much wheat
Post by: jmyrlefuller on August 29, 2017, 08:31:12 pm
Isn't it funny how an economy works?

When there's too many wheat farmers, and not enough crops of in-demand products, farmers can just shift their resources and let things balance out.
Title: Re: An odd trend in wheat country: not much wheat
Post by: Wingnut on August 29, 2017, 11:31:54 pm
With no wheat we are Gluten Free!   How about that!
Title: Re: An odd trend in wheat country: not much wheat
Post by: the_doc on August 29, 2017, 11:41:33 pm
With no wheat we are Gluten Free!   How about that!

Gluten free?  Maybe just barley.
Title: Re: An odd trend in wheat country: not much wheat
Post by: Wingnut on August 29, 2017, 11:46:56 pm
Gluten free?  Maybe just barley.

Corney?
Title: Re: An odd trend in wheat country: not much wheat
Post by: Oceander on August 29, 2017, 11:49:50 pm
Such rye senses of humor here. 
Title: Re: An odd trend in wheat country: not much wheat
Post by: Wingnut on August 29, 2017, 11:51:17 pm
Such rye senses of humor here.

Just the waves of grain
Title: Re: An odd trend in wheat country: not much wheat
Post by: GtHawk on August 29, 2017, 11:56:24 pm
Such rye senses of humor here.
I think you were russian with that rye comment, let's try to be more bohemian with our comments.
Title: Re: An odd trend in wheat country: not much wheat
Post by: Oceander on August 29, 2017, 11:58:31 pm
I think you were russian with that rye comment, let's try to be more bohemian with our comments.

I'm tempted to ask "wheat's up, doc!" but as the article points out, that's clearly not the case!
Title: Re: An odd trend in wheat country: not much wheat
Post by: the_doc on August 30, 2017, 12:25:36 am
Corney?

Yeah, I'm a rye-ut.