Biggest crops ever: Record U.S. crop could kill profits for Minnesota grain farmers
The nation’s farmers will haul in their biggest corn and soybean crops ever this fall — but that’s not good news for Minnesota.
Farmers here expect a down year because of June’s damaging weather. The bumper crop elsewhere means corn prices won’t go high enough to make a profit.
Minnesota’s projected to harvest 168 bushels an acre while Illinois and Iowa could average 20 bushels an acre more, according to data released Tuesday by the U.S. Agriculture Department.
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