Minnesota corn farmers can expect a record harvest this year, according to an estimation by the U-S Department of Agriculture.But that increase in supply is leading to lower prices, so farmers who are not so lucky may feel the pinch.News 12's Ryan Gustafson has the story.Farmers saw some much appreciated rain today, and it should still have some impact on what could be a record setting harvest.Kent Theisse says, "We're still at a point where these spotty rainfalls are very beneficial. And kind of the way things have been here in July and August, they're very isolated in nature. You have one area they get pretty substantial rainfall that makes a difference and just a few miles away they barely get sprinkles.""Today's rain will help fill out the ears of corn on this field just east of Courtland. But out West, they weren't so lucky."Don Richard says, "We're at around 7 inches behind this year. 7 -8."Don Richard grows corn, soybeans and some wheat on his farm near Cobden, and has been on the losing end as far getting area rains to fall on his fields.But the record that the state is expected to break this year is a double-edged sword, as those expectations are driving the market.Theisse says, "Because of the projections for the corn crop, that it is going to be good corn crop, and they're expecting the carry over of the build up and that's putting some pressure on prices. And also the economic struggles in the livestock industry - they're expecting some cutbacks in production over the next 6-12 months - all of that putting some pressure."The paradox of supply and demand.Ryan Gustafson, News 12.







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