Reported about 2 months ago
Despite facing challenges such as severe weather and plant diseases, US corn crops are exhibiting vibrant growth, indicating a potentially record-high yield. This positive agricultural outlook is overshadowed by plunging prices for corn and soybeans, leading to concerns among farmers about their incomes. The situation highlights the paradox of high production levels with low market prices, compelling farmers to adjust their spending and focus on maximizing yields.
Source: YAHOO