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Corn Prices Nearing Record Highs

Posted: Friday, November 5th, 2010 at 6:25 am
Author: KNIA/KRLS News-David Hecht

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According to two local bankers, corn prices are currently much higher than usual. Leslie Miller with Iowa State Savings Bank in Knoxville says that with corn nearing record high prices, economists watching the market see evidence of corn prices topping off and farmers should consider selling at least part of their crop. David Greving with Marion County Bank in Pella says that it’s risky to hold inventory at these prices. Greving adds that he would consider selling soybeans as well.