WEST LAFAYETTE, Ind. (WLFI) - Farmers may have felt the impact of the government shutdown.
Purdue Agriculture Economist Chris Hurt said the U.S. Department of Agriculture has been part of the shutdown.
Hurt said information normally collected by the USDA and released to the public including the crop report, livestock numbers, and yields on production are not being recorded.
Hurt said the marketplace is currently flying blind.
He said farmers and consumers are at a disadvantage, while larger companies could have benefited.
“Especially if they have advanced information, if they have a better system of collecting this information perhaps from farmers in terms of what yields actually are. But that gives them advantage in the marketplace over others who do not have that,” said Hurt.
Hurt said harvest activity will pick up in mid-to-late October, with corn possibly extended into November.
Compared to last year, Hurt said average prices for corn and soybeans are down.
Hurt said corn averages are about $4 per bushel, while soybeans are about $12.50 per bushel.
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