Illinois Harvest Prices Down

A farming season that once appeared to be doomed by the weather has turned out pretty good for Midwest soybean and corn crops. But, to the surprise of farmers now harvesting soybeans and starting on corn, it's the fall of once record-high prices that now threatens to take a lot of the shine off of 2008.

Farmers in Illinois and Iowa, the country's top corn and soybean producers, endured wet, cool springs that slowed planting and growth. Then they watched heavy, soaking rains and rising rivers swamp their fields, forcing many to plant their crops two or even three times.

All the while, though, prices held close to the record highs of the past couple of years, price peaks driven by the ethanol boom and growing global demand for food and livestock feed.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 31258224 - wifr.com/a?a=31258224
Gray Television, Inc.