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‘It’s a supply and demand issue’: Price of corn less than half what it was 1 year ago

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MITCHELL, S.D. — It’s been two years since a devastating drought withered crops in the U.S. and sent the price of corn skyrocketing.

Now, U.S. farmers, including those in South Dakota, are preparing to harvest what is expected to be a massive corn crop for the second year in a row, even as the price of corn has tumbled to a level far below where it was a year ago.

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