Farmers across the Tri-States are expecting a record year for corn and soybeans, and experts say the trickle down effect could mean you spend less at the grocery store.Carissa Smith fills her vehicle …
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Farmers across the Tri-States are expecting a record year for corn and soybeans, and experts say the trickle down effect could mean you spend less at the grocery store.Carissa Smith fills her vehicle with groceries often with four kids in the house."They eat a lot," Smith said.That means the costs add up quickly at the register for her."We have six people in the house so the price of milk and bread and sugar is going up," Smith said. "We would definitely like that to go down."And those prices may be going down within a year, according to Keokuk farmer Chris Lindner."This is some of the better corn I've seen in years," Lindner said.He says so far his corn crop looks better than it has in over 20 years of farming, and that should have a trickle down effect on consumers at the grocery store."Cereal and bread because of the current wheat market there is plenty of wheat out there," Lindner said. "Pretty much everything you have in the grocery store will come down some."But Lindner says there are some foods that you will still be dishing out more money for at the store."It will take a while for the meat market to go down because cattle wise there aren't very many cattle out there right now," Lindner said.Although Lindner says there are other factors that impact your grocery bill."It also depends on the middle man," Lindner said. "There's other people involved in it, not just us."Right now consumers will have to wait and see, but for Smith she hopes she'll have to spend less to feed her family in the future."It would be great especially with four kids in the house," Smith said. "It would save us a lot of money."Experts say the disadvantage of a good crop season is that corn prices go down and farmers may make less money.Lower Food Prices Coming?NBC