Corn prices

If corn prices fall as predicted by the end of the year, it will be better for the farmers that have to feed livestock. However, the farmers selling the corn are going to be in a world of hurt. Farmers that sell corn, especially in the Midwest, are going to lose a lot of money due to renting or buying ground and buying/leasing new farm machinery. Farmers that feed livestock are going to have more money if it goes down to $4.00 corn.  Corn prices rose due to the drought in the Midwest last summer. Buying from South America took its toll on the price of corn. “If corn prices go down, I could buy more cattle.” -Doug Hain, dairy farmer