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Farmers May Not Reap Rewards of Bin Busting Harvest

Updated: Thursday, July 31 2014, 11:06 PM CDT

Farmers may not reap rewards for what could be record-breaking crops this summer.



Corn prices have dropped almost 60 cents since July first.



It's an issue of supply and demand, and farmers are expecting a bin busting harvest.



With high input costs, some farmers tell us they're worried about low income.



Prices could rebound after harvest, which is why some farmers say they'll store more grain than usual.



"Because there may not be the opportunity for a premium early
harvest because of the supply that is there. Sometimes there's an early
harvest premium and instead of putting it in the bins we take it right
into the marketplace, but i think there will definitely be more stored
this year," said Christian County farmer, Lynn Corzine.



Farmers we spoke with, say they're looking at starting their harvests, in mid-September.

Farmers May Not Reap Rewards of Bin Busting Harvest


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