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Good thing gone? Corn production high, but prices have dropped.

Publication: Mississippi Business Journal
Publication Date: 25-AUG-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Good thing gone? Corn production high, but prices have dropped.(Mississippi Agribusiness)

Article Excerpt
Corn prices were too good to last, and after growing the most expensive corn crop ever, Mississippi farmers are hoping to bring in high enough yields to still make a profit.

John Anderson, agricultural economist with the Mississippi State University Extension Service, said prices have been "melting down" since about mid-July.

"Corn prices had run up to a very high level because of Midwest flooding early this year," Anderson said. "Since then, weather conditions have been very favorable across the Midwest, and crop conditions have steadily improved through July and into August."

Markets in the mix...

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