Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Bumper Minnesota corn crop on tap as prices founder

 

August 5, 2020

TNS – TNS

U.S. officials are forecasting a near-record corn crop this year, but prices are below break-even.

Corn farmers in Minnesota are preparing for a near-record harvest thanks to a smooth, fast spring planting and favorable summer weather.

Problem is, corn prices are horrible.

The state's corn crop was 97% silking on Monday, according to the U.S. Department of Agriculture (USDA). That's well ahead of the five-year average for this stage of the growing season and far better than last year, when only 75% of the corn crop was silking.

https://www.startribune.com/bumper-minnesota-corn-crop-on-tap-as-prices-founder/572007042/


 

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