Managing for Profit
A moderation of commodity prices
After the drought of 2012, corn producers saw record high corn prices. In 2013 those commodity price averages fell from $7 to around $4.50. And in 2014, they dropped even further.
Purdue ag economist Chris Hurt says they are in for a time of moderation. He takes a look back over the last couple of years and provides some insight as we head in to 2015.