Here’s a story in the Washington Post talking about the North Dakota wheat crop.  This story makes out that farmers won’t be planting that much wheat this year.  From what I can tell at these prices they will be planting it for sure.

Last year a lot of farmers jumped into corn.  The ones that stayed in wheat wound up doing very well due to the shortages.  I think if the price stays up there will be growth in the acreage planted.