Corn prices
aren't too high
To those who think corn is too high, keep in mind feed store, elevators, etc. give so many cents under market prices posted on the futures board.
Yes, yields have increased. But seed has doubled twice, fertilizer has more than doubled, fuel is up 256 percent and anti-freeze has doubled the last few years. LP gas used for drying is not 30 cents anymore. Tires have more than doubled, as have parts.
Whenever price goes up at the farm level, it seems it doubles the increase at the consumer end. When prices go down at the farm end, it takes forever to come down at the store - if it does at all.
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Raymond Peterson
Backus
