Source: FARM DOC DAILY, UNIV OF ILLINOIS, 12/29/16

As long as corn prices are projected to be below $4.00 per bushel, net incomes on Illinois grain farms will be relatively low. It is highly likely that below $4.00 corn will continue for the crop harvested in 2016. Unless a large shortfall occurs someplace in the world, below $4.00 corn likely will continue for the 2017 marketing year.

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