Wheat and corn prices tend to move in parallel, with cash and futures wheat prices historically being slightly above those for corn. However, when efforts to contain the outbreak of COVID-19 brought about widespread stay-at-home orders, this wheat and corn price series began to diverge significantly.
North Dakota State University Extension has released its 2020 short and long term agricultural planning price projections for North Dakota, says Ron Haugen, NDSU Extension farm economist.
The impact of the rapid escalation of wheat prices on the sale of farm machinery will not be felt in 2010, according to Robert McCarthy, machinery analyst for RW Baird.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.