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Corn prices are now up about 10% over the past month. The surge came after prices hit 2020 lows last year due to oversupply, which eroded farmers' incomes and hit the rural economy hard.
Before prices plunged last summer, Henebry said he sold some corn for $5.50 to $5.70 per bushel and then for as much as $6.21 per bushel delivered to the grain elevator.
The US is the world's largest producer of corn. [8] According to the United States Department of Agriculture (USDA), the average U.S. yield for corn was 177 bushels per acre, up 3.3 percent over 2020 and a record high, with 16 states posting state records in output, and Iowa reporting a record of 205 bushels of corn per acre.
The Mercury News (formerly San Jose Mercury News, often locally known as The Merc) is a morning daily newspaper published in San Jose, California, in the San Francisco Bay Area. It is published by the Bay Area News Group , a subsidiary of Media News Group which in turn is controlled by Alden Global Capital , a vulture fund .
Bay Area News Group (BANG) is the largest publisher of daily and weekly newspapers in the San Francisco Bay Area, including its flagship The Mercury News. A subsidiary of the Denver -based MediaNews Group , [ 2 ] its corporate headquarters is in San Jose, California , and publication offices in San Jose . [ 3 ]
Nov. 14—SALEM, S.D. — Ray Townsend's 155-acre farm field has been in his family for over a century; it's the farm he was raised on alongside his four younger siblings. But last year, he made a ...
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Tariq, aka "Corn Kid" discuses his viral "Recess Therapy" interview, fame and his love of corn.