MN Corn Production Up 13 Sep 12

While corn production is down nationwide due to the drought, Minnesota farmers are expected to harvest 7% more corn than last year. Updated projections from the USDA on Wednesday put Minnesota’s corn harvest at 1.29-billion bushels, up 90-million bushels from last year. The main reason for the increase is that Minnesota farmers planted 7% more acres of corn than in 2011. The statewide average yield is forecast at 156-bushels per-acre, the same as last year. Minnesota’s soybean harvest is forecast at 263-million bushels, down 3% from last year, while sugarbeet production is projected to be up 43% from 2011.