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USDA LOWERS CORN PRODUCTION ESTIMATE
Sep. 12, 2012
Source: USDA news release
To read the entire report here
U.S. feed grain supplies for 2012/13 are projected higher this month with a reduction in forecast corn production more than offset by higher projected corn carryin.
U.S. corn production is lowered 52 million bushels with the national average yield forecast 0.6 bushels per acre lower at 122.8 bushels. Lower yields and production in the Corn Belt and Central Plains are partly offset by increases elsewhere, particularly across the South where an early harvest is boosting available supplies.
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