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Farm leasing meeting to focus on affect of dropping prices

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In last 12 months, price of corn per bushel has dropped from $4.75-$3.68

 The corn price used for the August 2013 leasing meetings was $4.75 per bushel. At that time, December 2014 corn futures were $5.15. 

On Aug. 4 of this year, the corn futures price for December 2014 was $3.68, and the harvest delivery price at a nearby elevator was $3.19. The pie has shrunk.

The Farm Leasing Arrangements meeting in Shenandoah will focus on strategies for landowners and tenants to manage their financial relationships with declining crop prices. 


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The Red Oak Express | circulation@redoakexpress.com | 712-623-2566
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