As we all know corn production is going to continue to rise, as it should be with the increase in people in the world. The downfall is corn prices are very low for the cost of inputs that need to be applied to raise the crop. The average corn price is the lowest it has been since 2009 by 5 cents and all the way back 10 years ago to 2006 by about 50 cents (3). As you can see that corn prices have been at a fair price over the past years and farmers have been doing well. With the current low prices farmers are finding it hard to be able to just break even in todays market and only time will tell to see if the market rises to help farmers or if many farmers need to give up producing corn.
One incentive that farmers have are they can receive
One incentive that farmers have are they can receive