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UI economist sees greater profits in pasture than wheat

Local farmer and rancher Boyd Foster has confirmed he’s better off financially to convert some pivots from wheat to grass. Foster explained that good irrigated pasture is in extremely short supply, but there’s a glut of wheat weighing down the market, forcing grain prices well below production costs.University of Idaho Extension economist Ben Eborn has reached the same conclusion, recently publishing an enterprise budget showing Eastern Idaho producers who raise irrigated pasture rather than wheat should stay in the black.

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Capital Press
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