Drought Taking Toll On Crop Production

Aug 10, 2012

The U.S. Agriculture Department says corn growers could end up with their lowest average yield in 17 years as the drought continues in Ohio and many other states. The Department is cutting its projected  corn production to 10.8 billion bushels from last month's forecast of nearly 13 billion bushels. The Department expects corn growers to average 123.4 bushels per acre, down 24 bushels from last year. That would be the lowest average yield since 1995. Soybean production is now forecast at 2.69 billion bushels, a 12 percent decline from last year. Expected yields on average of 36.1 bushels per acre would be the lowest since 2003.