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Ag banker expects good net revenue for corn crop

Posted: July 30, 2009 @ 5:31 am In Today's Local News

The Iowa Farm Bureau says the state could be heading for a record corn crop this year. Nick Beinhart is the ag representative at Farmer’s Savings Bank of Keota. He says a higher yield generally means lower prices. Beinhart still expects a good net revenue despite an increase in input costs over the last few years. The USDA estimates Iowa corn yields could be between 175 and 185 bushels per acre. The record is 180.

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