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Anderson weighs in on low wheat prices, outlook for 2018

Dr. Kim Anderson, professor emeritus, OSU Agricultural Economics gives an update on wheat prices and the outlook for 2018.

While out-of-pocket wheat production costs outweigh the market price paid to growers, U.S. wheat producers are left wondering what it’s going to take to tip the scales, according to Dr. Kim Anderson, professor emeritus, OSU Agricultural Economics. In the above video, Anderson, who spoke October 20, 2017, at the Rural Economic Outlook Conference at Stillwater, Okla., explains why the United States wheat prices are so low and what must happen nationally and globally to see $6 or $7 wheat again.

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