Corn crop on near-record pace
September 8, 2008
Despite devastating and widespread June floods, U.S. corn farmers in mid-August were on pace to produce the second-largest corn crop in the country's history. The USDA's mid-August World Agriculture Supply and Demand Estimates said U.S. corn farmers were also poised to produce the second-highest average yield.
Average yield was estimated at 155 bushels per acre, up from July's estimate of 148.4. Production was estimated at 12.288 billion bushels.
"America's farmers have once again responded to adversity, poised to produce the second-largest corn crop in American history," Dinneen said. "Their historic response should go a long way in silencing those Chicken Littles who sought to capitalize on the devastation of this summer's flooding to undermine and abandon America's movement toward cutting our dependence on foreign oil."
Average yield was estimated at 155 bushels per acre, up from July's estimate of 148.4. Production was estimated at 12.288 billion bushels.
"America's farmers have once again responded to adversity, poised to produce the second-largest corn crop in American history," Dinneen said. "Their historic response should go a long way in silencing those Chicken Littles who sought to capitalize on the devastation of this summer's flooding to undermine and abandon America's movement toward cutting our dependence on foreign oil."
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