Record Corn Crop Forecasted 11 May 13

The wet start to the corn planting season may reduce the amount each acre produces this year, but farmers are planting so much corn they’re still likely to bring in a record crop. In a report released Friday, the US Department of Agriculture estimated farmers would bring in 14.1 billion bushels of corn this year, a billion bushels more than the previous record set in 2009. The USDA expects farmers to grow an average of 158 bushels per acre, a 3.4-percent reduction from the February forecast due to delayed planting. US Farmers are planting more than 97-million acres of corn, however, the most since 1936. That’s why even an average yield would result in a record crop.