Much at stake for the farm economy and the rural economy as North American Free Trade Agreement renegotiations drag on. That assessment from Mark Gebhards, who serves as Illinois Farm Bureau’s director of governmental affairs and commodities.

Gebhards says a pull out of NAFTA could result in as much as a 30 cent difference immediately in the corn price and would also likely have an immediate impact on soybean and livestock prices. The sixth round of NAFTA talks are set for January in Montreal.