Corn prices may rise with smaller harvest.
Posted on:
September 5, 2012
By:
Charlotte Smith, Hickman County Gazette reprinted with permission
...“With the drought affecting the yield of this year’s crops, they are now looking for 15.5% or less moisture to avoid taking an additional hit at the grain elevator,” stated UK Extension Agent Cam Kenimer.
They usually start harvesting when the crop reaches 18% moisture.
“The return isn’t going to be good. We are predicting about 70-75 bushels per acre.”
This is half of the county average. Over the last 11 years, the yields have been around 144 bushels, with 2009 recording the best yield at 169 bushels per acre (based on 39,000 acres harvested)...
