Wheat Montana farm under new ownership

Often lauded as one of the state’s major business success stories, owners of a prominent Montana farm have sold their land.

Wheat Montana, based in Three Forks, sold its mills and bakeries to a private equity firm in 2015 and sold its farm to a new family in January 2019, co-owner Dean Folkvord said.

Though his family still has a small share of ownership in the company, it isn’t significant, and he said it’s time for the family to move on and focus on other projects.