With projections indicating as much as 20 percent less wheat straw came off fields this year, Pacific Ag is situating itself to fill the void in the Midwest this year and for years to come.
“At $85 per ton, wheat straw prices already are spiking,” said Randy Kath, Steffes Group auctioneer. “Prices will continue to climb this winter, reaching $95 to $100 per ton in early 2017. By late spring, when availability is an issue, I’m forecasting $120 per ton and $150 per ton is possible.”
Pacific Ag’s business model offers a solution to mitigate the financial hook that comes with such a spike: Consistent pricing, year-round, as long as supply lasts.