Wheat Price Boost Fails to Offset Rising Costs for Montana Farmers

Montana farmers are struggling to break even despite record-low wheat crop prices reaching $6.45 per bushel, up from $4 last year.

The historic drop in wheat production has boosted commodity prices, but input costs continue to outpace the rise, leaving farmers with tight margins and little room for profit.

Tryg Koch, co-owner of Heritage Custom Farming, said, 'That's a lot of loaves of bread to pay for this.'

Koch's farm has seen its best wheat crop yet, but he estimates the cost of production at around $6 per bushel, leaving little room for profit.

Agriculture industry officials warn that while commodity prices have gone up, they are not enough to keep up with inflation, and farmers are facing historic levels of debt due to rising input costs.