By Ryan Hanrahan
Reuters’ Karl Plume reported that “U.S. farmers will reap a record corn crop this autumn, eclipsing the previous record set two years ago by nearly 1.5 billion bushels after harvesting their largest acreage in 92 years, the Department of Agriculture said on Friday.”
“The USDA lowered its corn yield forecast on Friday but total production rose as it increased its estimate for how many acres will be harvested. In August it surprised grain traders with a large acreage increase,” Plume reported. “…The USDA raised its 2025 U.S. corn production estimate to a record 16.814 billion bushels. It projected a record average yield of 186.7 bushels per acre, down from 188.8 bushels per acre in August. Both figures were above analysts’ expectations.”
.png)
Courtesy of the USDA.
Source : illinois.edu