(The Center Square) – Amid the COVID-19 pandemic and all of the related hardships, many people can't wait to see the end of 2020. For Illinois farmers, however, the year is ending on a double high note. Corn and soybean.
Year ending well for corn, soybean farmers
The Center Square
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A combine cuts through a field of corn near St. James Road north of Edwardsville on Oct. 1. The Illinois soybean 2020 yield is forecast to be 58 bushels per acre, an increase of 4 bushels over 2019 yields, according to the Illinois Crop Progress and Production Report. The Illinois corn harvest is up more than 10% from 2019 yields.
SPRINGFIELD For Illinois farmers, the year is ending on a double high note.
Corn and soybean yields are up and prices are surging.
A few months ago, the forecast for Illinois’ 2020 corn and soybean harvests was concerning. By harvest time, however, farmers were breathing sighs of relief as yields for Illinois corn and soybeans beat US Department of Agriculture predictions. A sharp rise in commodity prices rewarded sellers, particularly those who waited until later in the season to sell.