Colorado Wheat Farmers Seeing Prices Surge: ‘Prices Have Almost Doubled’
via KCNC-TV CBS Channel 4 Denver
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Posted March 21, 2022 12:05 am
According to the National Association of Wheat Growers, every time you buy a loaf of bread only 17 cents goes back to the farmer. Chandler Goule, CEO of the lobbying group, said the uncertainty for the farmers is just now sprouting.
With Russia providing a large share of fertilizer to farmers across the globe, as well as Russia and Ukraine providing 30% of the world's wheat, demand for wheat and the cost of inputs to grow it are on the rise.
What I am again realizing is that I don't have any immediate access to understanding the wheat supply and prices, including profits, when we look at farms that sell predominately within their own regions. Even without that info though, developing local and regional grain chains to enable and bolster local food systems is a smart investment on a number of levels.
I will say that we hope to be able to contribute to building digital tools for developing grain "exchange" marketplaces that can bring grain buyers and farmers together in 2022.
