An ag economist expects the harvest price for corn to be at
levels not seen since before the advent of the Renewable Fuel Standard.

Gary Schnitkey with the University of Illinois says based on historic data and current USDA yield projections, the price that will be used to set crop insurance guarantees looks to be around $3.10 per bushel.

“The last time we saw a harvest price below $3.10 was in 2006, when it turned out to be $3.03.

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