Big revenue drop expected for Indiana corn, soybean crops
Posted August 13, 2019 7:00 am
INDIANAPOLIS (AP) - An agriculture economist is projecting a nearly 20% drop in revenue for Indiana's corn and soybean crops this year.
That prediction from Purdue University professor Chris Hurt comes after Indiana farmers faced several weeks of planting delays because of persistent spring rainfalls, followed a long summer dry spell.
Hurt says those troubles and the ongoing U.S. trade fight with China could lead to a $1.3 billion revenue drop for Indiana's corn and soybean crops from last year's $6.8 billion.
Purdue agricultural experts spoke Monday during a program at the Indiana State Fair. They said the state's farmers face a risk that late-planted corn and soybeans won't mature before the fall freeze.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.