U.S. farmers are bringing in what's expected to be a record-breaking harvest for both corn and soybeans. But for many farmers, that may be too much of a good thing.
Farmers will haul in 4 billion bushels of soybeans and 14.5 billion bushels of corn, according to USDA estimates. The problem? Demand can't keep up with that monster harvest. Corn and soybean prices have been falling for months. A bushel of corn is now worth under $4 — about half what it was two years ago.