Patrick Jackman of the US bureau of labor statistics predicts consumers will see one of the most rapid increases in food prices in the last 15 years. But shoppers are paying for it in higher prices for many items at the supermarket. Consumers Paying Higher Food Prices as Corn prices Soar Reporter: Associated Press Grand Junction, CO (AP) - Corn prices are as high as an elephant's eye great news for communities on colorado's eastern plains. Farmers have planted more corn than at any time...

Many producers like to hold on to some corn to maximize profits, but Johnson warned they should understand there s a fixed cost associated with holding corn away from the market. Know where the good test weight corn is at harvest, the corn that dried down well, and that s the corn you want to hold into next spring and summer. If corn s ever $3, you re going to have tremendous interest in the livestock industry in owning that corn, Johnson said. People who have never bought corn in the fall...

But the irrigation of our corn has prevented us from doing other work like planting and harvesting other crops. Because of hard grounds, people are starting to irrigate before they make purchases, according to Skorik, who was forced to hire more staff to take care of her inventory. Tower, whose main crops are tomatoes and peaches, said the dry spell has helped him because it means more sunlight for the crops, which is crucial for growing. Farmers of other crops, such as tomatoes and...

Williams bought about one-quarter of the 30,000 cattle being fattened in the feed lot before the price of corn started to rise steadily. You re just gambling that the market is higher when you sell them fat than you ll get if you sell them today as a feeder. Demand for corn needed to make ethanol is soaring and so are the prices, which have more than doubled within the past year. About one-quarter of the 30,000 animals at Lubbock Feeders were bought before corn prices began to soar...

Fueled by high demand and high prices for corn, farmers planted an estimated 92. Department of Agriculture report predicted corn growers would plant 90. Many farmers switched to planting corn at the expense of soybeans. That was well above an earlier government estimate and was 15 percent more than in 2005. Friday's corn numbers exceed even those expectations. According to Friday's report, the soybeans planted area is estimated at 64. That's the lowest planted and harvested area for...