Us Wheat Harvest 2024. Farmers are about halfway done planting winter wheat for harvest in 2024, but acreage is expected to remain stable or decrease from last year because of lower prices and. As of april 30, 2024, russian wheat is still the cheapest on the world market, at $214 per metric ton (mt) fob (12.5% protein on a dry moisture basis).
Field crops in both planted acreage and. While wheat prices have collapsed, farmers said costs for farm equipment, repairs and labor have soared, leaving them with little money in their pocket after harvest.