WGIL News Audio: 7am News, Sports and Obits click HERE | For the latest WGIL news click HERE

Record Crops Predicted; Farmers Market Carefully

WGIL Newsroom . State News 201

DES MOINES, Iowa (AP) — Farmers will produce a record-breaking corn harvest this year, surpassing earlier expectations of the U.S. Department of Agriculture, which has revised upward its estimate of this year’s corn harvest to 14 billion bushels.

That exceeds last year’s 13.9 billion bushel record.

Soybean production also will set a new record at 3.8 billion bushels, beating the 2009 harvest of 3.4 billion bushels.

Farmers are blessed with an abundant crop but cursed that it has driven prices lower. They are taking more control of their grain marketing by building more on-farm storage, holding onto the crop and timing the sale to maximize profit.

Rain fell at the right times and a cooler summer made for favorable growing conditions in the 18 states that produce 91 percent of the nation’s corn.

All AP stories are Copyright 2014 by The Associated Press. All Rights Reserved.

The following provision applies to all visitors (which shall include persons and representatives of legal entities, whether such representatives are persons or digital engines of a kind that crawls, indexes, scrapes, copies, stores or transmits digital content). By accessing this Web site or digital service, you specifically acknowledge and agree that: (i) Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium; (ii) No Associated Press materials nor any portion thereof may be stored in a computer except for personal and non-commercial use; (iii) The Associated Press will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing; (iv) The Associated Press is an intended third party beneficiary of these terms and conditions and it may exercise all rights and remedies available to it; and (v) The Associated Press reserves the right to audit possible unauthorized commercial use of AP materials or any portion thereof at any time.