Day two of our Northwest Farm Credit Services Quarterly Commodity snapshot series, and we take a look at Hay and Wheat. Bill Perry, Vice President at NWFCS said they expect profitable returns for the local hay industry.

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“High input prices and irrigation water availability will provide headwinds to producers. High hay prices will linger through 2022.”

Meanwhile, Perry says they expect profitable returns for wheat producers over the next 12 months.

“Drought is impacting much of the Northwest’s winter wheat acres. Favorable prices for wheat and pulse crops will provide tailwinds to producer profitability.  Geopolitical tensions impacting major wheat exporting countries will provide further upward pressure on grain prices.”​​​​​​​

Join us Wednesday as our commodity snap-shot series turns the tree fruit industry as we look at apples and pears.

If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekmedia.com

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