Consumers have seen high food prices because of crop shortages and dry weather across the country for the past few years. But that’s expected to change in 2014.
Indiana farmers produced a record amount of corn in 2013. Along with high soybean yields, that will likely mean cheaper food prices this year.
Chris Hurt is an agricultural economist at Purdue University. He says that food supply is finally catching up to demand, and that’s good news for consumers.