Montana's wheat values surpass US$1B in 2011, the second year in a row the state has achieved this and only the fourth time it's ever reached the mark; analysts value crop at US$1.3B

Nevin Barich

Nevin Barich

Feb 20, 2012 – Industry Intelligence

LOS ANGELES , February 20, 2012 () – Montana’s wheat values surpassed US$1 billion in 2011, the second year in a row the state has achieved this and only the fourth time it’s ever reached the mark, the Billings Gazette reported Feb. 18.

Montana’s 2011 wheat crop was valued by analysts at $1.3 billion amid strong lasting prices. In 2010, the value was $1.4 billion.

Montana’s wheat values have only surpassed the $1 billion mark four times, all in the last five years. The recent trend is due largely to wheat demand in rapidly developing countries and weather problems that have plagued the world's other wheat-growing areas.

The primary source of this article is the Billings Gazette, Billings, Montana, on Feb. 18, 2012.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025 795

+1 (310) 558 0008
+1 (310) 558 0080 (FAX)

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.