Prices for corn on the rise

(CBS42)
(CBS42)

[lin_video src=http://eplayer.clipsyndicate.com/embed/player.js?aspect_ratio=16x9&auto_next=1&auto_start=0&div_id=videoplayer-1367880763&height=480&page_count=5&pf_id=9624&show_title=1&va_id=4046008&width=640&windows=2 service=syndicaster width=640 height=480 div_id=videoplayer-1367880763 type=script]BIRMINGHAM, Ala. (WIAT) – Corn prices are on the rise this year, according to the Wall Street Journal.

Prices are reportedly up over 6 percent, partly because of fear on the part of farmers.

An overabundance of rain and cooler temperatures in the Midwest, a region traditionally known for producing much of the nation’s corn product, is delaying planting.

The delay means a possible shortage in the crop and higher prices for consumers.

Copyright 2013 WIAT-TV CBS 42

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