More will be known by early next week. Projected marketing year ending stocks for U.S. wheat rose five million bu. USDA trimmed projected world ending stocks to 4.112 bill bu., from 4.133 bill. This may be why the Mpls. Grain Exchange is having a hard time gaining on the Kansas City market even though the new winter wheat crop is looking good, says Helen Pound, of Goldenberg-Hehmeyer, Mpls.
Budget is an expanded federal crop insurance program.
6th highest and sales tax 11th highest. The homeowners property tax in MN has historically been one of the few that stood near the national average. That's been changing in recent years. MN's homeowners tax is soaring, according to Don Larson, a Twin Cities Business Monthly columnist. The volatility of 1996 wheat prices is causing confusion among farmers and others who try to predict the market.