FARM LIFE NEWS
DTN Ag Business Benchmark
Marcia Zarley Taylor DTN Executive Editor
Mon Mar 31, 2014 11:10 AM CDT

HADDONFIELD, N.J. (DTN) -- Don't look now, but the windfalls from corn production since 2008 lured global competitors into the business. Low-cost production could overhang the market for years -- provided politics and military strife don't interfere.

High corn yields and profits outside the U.S. could be one of the shockers that mean foreign competitors won't retreat just because prices have slipped, a preliminary study of 2012 sample farm returns by Purdue University economist Michael Langemeier found.

Langemeier is conducting a multi-year benchmarking study in conjunction with colleagues from dozens of countries around the world, organized by the von Thunen ...

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