Commodity slump hits US farmers
11 December 1998
Commodity slump hits US farmers
US farmers, particularly in the northern plains states, are suffering badly from the slump in agricultural commodity prices.
Wheat accounts for 40% of production in some of these states.
Wheat prices are trading at around 280¢ a bushel on the Chicago Board of Trade, down from 370¢ at the beginning of the year.
- Latest US reports on FWi
- Chicago Board of Trade prices and commentary
- Financial Times 11/12/98 page 18, page 20 (Lex), page 21, page 30
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