Updated: 08/25/2014 12:07 PM
Created: 08/25/2014 7:44 AM KAALtv.com
WINONA, Minn. (AP) - A record corn crop is predicted for Minnesota this year, but that might not lead to bigger profits for farmers.
The Winona Daily News reports that crop prices are down significantly.
A few years ago, the price for corn was more than $7 per bushel. On Friday, corn was priced at $3.71 per bushel at the Chicago Board of Trade.
Winona County Farm Bureau president Glen Groth says farmers can survive one down year for crop prices, but this year has been tough.
University of Minnesota Extension educator Jake Overgaard says Winona County farmers saw better weather than much of the state this spring. However, weather over the next couple of weeks will be crucial to the timing of the harvest, and the overall condition of the crop.