As crop prices decline, losses loom for farmers
Growers in the Midwest are headed for the third year of season-average corn prices below $4 a bushel. Given the cost of planting, cultivating and harvesting a crop, “This … implies 2016 would be the third year of losses if costs are not lowered,” says economist Gary Schnitkey of U-Illinois. At farmdoc daily, Schnitkey revised… » Read More
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