Spring wheat acres were expected to be down nearly 10 percent when USDA issued its planting intentions report earlier this spring. Recent events may have bought back a few of those acres. “At the time of the survey, the corn and wheat price relationship was more favorable to corn. As March progressed and the price of oil dropped, it impacted ethanol and the price for corn,” said Jim Peterson, policy and marketing director, North Dakota Wheat Commission. “We’re hearing from seed dealers this was a push to get corn acres back to wheat acres.” Peterson said it’s not just North Dakota that is seeing more spring wheat interest. “We’re hearing that there’s also interest in South Dakota and southern Minnesota. We are also hearing in Montana that barley contracts are being pulled back. In those areas, there’s more interest in spring wheat.”
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