Economics and market outlook for 2019 grain and brassica crops

BONNERS FERRY — At this point in time, wheat appears to be the only profitable annual crop for this region when considering market costs for all factors of production, including land. Given the surplus of garbanzos worldwide, plus tariffs and quotas imposed by India, the price is not expected to rise significantly from its current level, $0.18 per pound, approximately half of last year’s price. Peas and lentils are also impacted by tariffs imposed by China, which may or may not remain in effect.