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Published May 12, 2014, 09:35 AM

Farmers face lower prices

As the 2013 corn crop was being planted, futures prices were above $6 per bushel with an occasional bump above $7. Traders were concerned that the planting problems farmers were experiencing would result in reduced production. By the end of July, with fewer concerns about the size of the corn crop, the price dropped below $5.

By: Daryll E. Ray and Harwood Schaffer, Agweek

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