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Plummeting corn prices spurs talk of '80s U.S. farmland bust

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Din Tai Fung, a restaurant in Shanghai's Xintiandi district, is famous for its steamed pork dumplings. The pigs that keep those dumplings on the table are fattened with corn — much of it imported from the United States. American farmers have prospered during a three-year boom in corn and cropland prices. As values have soared since 2011, farmers bought more acres and upgraded their harvesters to produce a record corn crop of almost 14 billion bushels in 2013. Nothing better shows the fertile times than investment in farm equipment. Sales of self-propelled combines, including an $850,000 John Deere model with iPod system, navigational equipment and heated seats and an attachment that harvests...

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