Corn and soybean prices are predicted to drop this year because farmers are expected to have higher yields.
Nearly 80 percent of Indiana's corn has been rated good or excellent.
A computer simulation of the corn belt shows corn yields are likely to decline over the next several decades.
The effect of last summer's drought on livestock around the state could be felt for several more years, says one economist.
With high seed and fertilizer prices, agriculture experts say there is little room for error when it comes to planting crops.
High corn prices and low supply caused by the 2012 drought have prompted some farmers in the Southeast to consider planting more corn.
Two of Indiana's largest ethanol plants have recently shut down because of a rapid increase in corn prices.
The Food and Drug Administration is allowing higher levels of a mold into livestock feed because of low corn yields.
As farmers begin to harvest crops that have been devastated by the drought, many are looking for ways to avoid similar difficulties next year.
The quality of the popcorn may not be as high as consumers have come to expect.