According to him, on Friday, a lot of rain that flooded the corn fields have caused the price of corn to increase dramatically.
Farmers in Ohio, Indiana, Nebraska and a few other states have experienced quite a wet spring so far and this has caused havoc in the fields. The spring season hasn’t been this wet since 1993 — fifteen years ago.
It’s looking like it could end up being quite a volatile season for corn and other crops coming up.