Farmers report above average yields
Loren Huls has been a farmer for more than 30 years now.
Even though the corn price has dropped $3 per bushel, almost half, since its peak in the summer, Huls said he's getting an above-average yield from his crop.
The Pickrell area farmer doesn't regret not contracting his entire yield with the high summer price, even though that leaves him with about $300 less than what he would have made at the higher price.
"You just never know what's going to happen," he said.
Huls said when farmers contract their entire yield at a high price, and then can't live up to the planned bushel yield, there will be trouble.
"You have to live up to the contract," he said.
If weather destroys the crop promised in a contract it has to be made up somehow, Huls said. Most times it's paying big to purchase your neighbor's crop.
"Farming isn't really the neighborly thing anymore. It's more, I'll give you what you need, but at a price," he said.