Small towns in Washington's wheat growing region feeling flush
Tri City Herald
August 15th, 2007
The Associated Press
DAVENPORT, Wash. (AP) - In Washington's wheat country, when farmers do well, everyone does well.
So, with wheat selling at higher prices than it has in decades, there's an upbeat atmosphere on Main Street all across the state's wheat-growing region.
Resilient small towns that weathered tough years of a down-and-out farm economy are poised to end 2007 on a high note.
The last time the price of soft white wheat was this high was in the aftermath of wheat deals with the Soviet Union in the early 1970s, when the price of Northwest wheat peaked at $6.35 a bushel in February 1974. Prices being paid in Portland, Ore., on Wednesday were around $6.92 a bushel.
"Though it's not anywhere near the bonanza it was in the 1970s, farmers should be healing up this year," Odessa accountant Todd King said. "Things are finally going in the right direction. For small towns, too."