Wheat Montana Sold

Former owners of Wheat Montana Dean and Hope Folkvord sold the family business in January 2019. Here they pose for a photo in their daughters’ cafe on Wednesday in the RSVP Motel.

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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.


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Abby Lynes can be reached at alynes@dailychronicle.com or 406-582-2651. Follow her on Twitter @Abby_Lynes.

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