Corn prices down in Minnesota - KXLT - Fox 47 Rochester MN News, Weather, Sports #rochmn

Corn prices down in Minnesota

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AUSTIN, Minn. (FOX 47) -- The corn harvest is still fully underway and yields are good. But farmers are not smiling about the price they're getting at the elevator.

The big corn crop has created a surplus and compared to a year ago, prices to farmers are down significantly. Consider that one year ago in Minnesota prices farmers were getting for their corn averaged 6.56 a bushel.

This year it's $4.50, down 31 percent from last October.

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