According to the U.S. Department of Agriculture’s (USDA) World Agricultural Supply and demand Estimate (WASDE) report released today, U.S. corn production is projected to reach 14.62 billion bushels for 2018/19. If realized, that would make it the second largest U.S. corn crop ever.
The October forecast for corn production is lowered 152 million bushels from last month on a reduced yield forecast. Despite lowered use forecasts, the corn price forecast was raised by 10 cents to a midpoint of $3.60 per bushel as supply fell more than use.
Click here to read the full report.
U.S. Corn farmers are committed to continuous improvement in the production of corn, a versatile crop providing abundant high-quality food, feed, renewable energy, biobased products, and ecosystem services.
Corn ethanol is critical for a sustainable, clean energy future.
A Commitment to the Future