Sat March 15, 2008 Farmers in fear By Jim Stafford Business Writer Prices paid to Oklahoma wheat farmers for their grain have surged to historic highs, but the prospect of $12-a-bushel wheat at harvest has yielded a surprising side effect, said farm economist Kim Anderson: Fear. The July wheat contract on the Kansas City Board of Trade closed at $12.21 Friday, down 44 cents from the previous day, but still hovering near historic levels. So, what is to fear from wheat priced at three to four times what it was just five years ago? "They are scared to death because...
