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ASSOCIATED PRESS – Despite the season starting a bit late due to such an excess of rain, the nation’s corn and soybean farmers are on track to produce record crops this year.
With help from the more mild weather the summer has given this season, the U.S. Department of Agriculture (USDA) has predicted a record soybean crop of 3.8 billion bushels.
The USDA said last month the corn crop will be just under last year’s record of 13.9 billion bushels, but many market analysts and farmers expect that to be revised to a higher number this week.
The harvest forecast has driven corn and soybean prices significantly lower, but it isn’t expected to make much of a short-time difference in consumer food prices.
Farmers say crops around the Glenwood City area are looking good despite the late start. Some of the fields were washed out in the early planting, which caused some stunting in corn, but for the most part, the season seems to be going along with the nation’s consensus.
