United Group Insurance

USDA: Despite late start, record corn crop likely

Ag/Outdoor, News

May 10th, 2013 by Ric Hanson

DES MOINES, Iowa (AP) – 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 today (Friday), the U.S. 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 163.6 bushels predicted in February. The downward adjustment is due to delayed planting caused by a cold, wet spring.  Farmers are planting more than 97 million acres of corn, the most since 1936. That’s why even an average yield would result in a record crop.