Economist Expects Slightly Higher Grain Prices, Input Costs
Randy Fortenbery, Washington State University, says we haven't completely collapsed on grain price side
Grain prices are likely to be a little higher this year, but not enough to offset higher input costs, an expert says.
"They might even be more attractive if we can sort out some of these trade disruptions and frictions," said Randy Fortenbery, small grains economist at Washington State University. "But at least we haven't completely collapsed on the grain price side."
According to a report at the Capital Press, Fortenbery gave his economic forecast Feb. 6 at the Spokane Ag Expo and Pacific Northwest Farm Forum.