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Crop Report

March 28, 2008 - Filed Under: Wheat

MISSISSIPPI STATE -- Mississippi winter wheat growers should be feeling pretty smart about their planting decisions last fall.

Market prices near $6 per bushel encouraged growers to increase acreage from 370,000 in 2006-2007 to a record 400,000 for this year. Late March prices are near $8 per bushel, but they have been as high as $12.50 per bushel since planting time.

Steve Martin, agricultural economist at Mississippi State University's Delta Research and Extension Center in Stoneville, said several factors are working in favor of strong wheat prices.


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