Value Of Indiana Crops Down Despite Higher Prices

Jun 30, 2015
spablab /

An agricultural economist says potential low yields of corn and soybeans are driving crop prices up. But that’s not necessarily good news for farmers.

At the beginning of June, farmers predicted an above average yield of corn and soybeans for the year.

But, Mother Nature had her own plans.

Consistent rain has drowned fields, ruining some crops.

Purdue University Agricultural Economist Chris Hurt says that’s driving sale price of corn and soybeans up, but the overall value of the crop down.

Joshua Duffy /

With the prospect of Tropical Depression Bill swinging up across Indiana this weekend, farmers and some homeowners are keeping a wary eye on the sky. Across the northern third of the state, ditches are full, some fields have standing water and a few riverside homes are being sandbagged.

Several rivers in northern Indiana are flooding or in danger of flooding – the Tippecanoe, the Iroquois, the Wabash and in Sumava Resorts in Newton County, the Kankakee, where some residents were filling sandbags Wednesday.

Mike Loizzo / WBAA News

Experts appear divided on how much corn the state’s fields will yield this year, but there are some who are predicting record-high production.

They’re crediting this summer’s cool weather, combined with a lot of rain early in the season.

Purdue agricultural economist Chris Hurt says a corn surplus means lower prices on everything from cooking oil to animal feed – prices that will eventually translate into higher profits for meat producers.

Ben Loehrke /

A Purdue expert says despite the Indiana corn crop being planted a bit late, high yields are still likely.

WBAA’s Kristin Malavenda spoke with Purdue Extension corn specialist Bob Nielsen about the outlook for this year’s harvest.

Drought returning to some IN counties

Sep 5, 2013

Some Indiana counties are experiencing drought conditions again.

The latest report from the U.S. Drought Monitor show Benton, Newton, Warren and Lake counties are classified as having moderate drought. Prior to this week those areas, and about half of the state, were considered abnormally dry.

The Indiana State Climate office warns that the central portion of the state could move into moderate drought next week without enough rain, or if it continues to lose water.

Sweet corn myths

Jul 17, 2013
Franciscan St. Elizabeth Health

You may contact Anna with questions at (765) 502-4232.

Myth #1: Corn is a starchy vegetable that means it is unhealthy.

Valero plant close to reopening

Aug 30, 2012

Production at a bio-fuel plant in Linden remains suspended, but the facility is expected to reopen soon.

Valero Renewables is bracing to restart ethanol operations within the next few weeks.

But, company spokesperson Bill Day says exactly when is unknown.

He says when production resumes, it likely won’t be at full capacity.

Currently, 60 employees work at the Linden site.  None of them lost their jobs or pay due to the shutdown.

Day says even though production was halted, the workers did facility maintenance projects and underwent training.

U.S. Drought Monitor

The U.S. Department of Agriculture is designating more Indiana counties a disaster area due to the ongoing drought.

The additional 14 counties are: Blackford, Boone, Clinton, Delaware, Fountain, Henry, Madison, Montgomery, Rush, Tippecanoe, Tipton, Vermillion, Vigo and White.

Farmers and ranchers in each of those counties, and ones contiguous to them, are available for federal disaster assistance, such as low-interest loans.

Dry, hot weather has taken hold in Indiana, with reports putting the state nearly eight inches below normal precipitation levels for this time of year.

Associate Professor of Horticulture Mike Mickelbart is looking for genes that affect water-use efficiency in corn plants. This involves measuring how much water is lost by plants in the field, which he says can be difficult to gauge.

"It's very dependent on the environment. So it depends on what the temperature is, what the light level is, the relative humidity of the air. It's a very dynamic measurement.”

No relief in sight from dry weather

Jun 25, 2012

Most Indiana counties are experiencing some form of drought. The worst hit is the southwestern part of the state.

Joe Kelsay is the director of the Indiana Department of Agriculture. He says the dry weather is a reminder of the difficulties farmers have growing their crop.