COLLEGE STATION, Texas — Grain prices remain strong, but heat and drought have taken a toll on Texas crop acres, which could impact supplies and prices in the short- and long-term, according to a Texas A&M AgriLife Extension Service expert.
Dr. Mark Welch, Texas A&M AgriLife Extension grain economist in the Department of Agricultural Economics, Bryan-College Station, said Texas appears to be facing much lower grain production in 2022 compared to the previous year. The likely outcomes coupled by high demand are putting a premium on grain prices despite recent dips in the market.
Wheat. . .
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