commodity prices

Harvest Public Media story
7:39 pm
Sun October 6, 2013

Expected bumper crop has price of corn dropping

Farmers have been riding a wave of high corn prices in recent years, but an expected bumper crop has corn prices dropping.
Credit www2.dupont.com

On a clear fall day in central Iowa, Aaron Lehman climbed into the cab of his green combine with a screwdriver to do some maintenance. He was hoping his corn had a couple more weeks to grow before harvesting because the price per bushel this fall is much lower than it has been for the past three years.

Corn farmers have been riding high prices for the last few years. But an expected bumper crop has prices falling this harvest season, and many economists expect the price of corn to drop to its lowest level in recent years.

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