MCLEAN, Ill. (DTN) -- As Matt Hughes pulled large, well-formed ears from his cornfield near McLean, Ill., he conceded that his Bt hybrids performed well this year. Nearly every kernel was free from insect damage and yields could set some farm records.
So why is this central Illinois farmer considering abandoning corn containing traits in favor of conventional, non-genetically engineered (GE) hybrids next year?
"The problem is we've seen a 50% decline in our commodity prices recently," Hughes explained to DTN. "Last year, our margins suffered dramatically, and we're below cost of production today even with increased yields."
With cash ...