As soggy fields prevent planting, U.S. corn production set to drop 5 percent
U.S. farmers’ plans for a bin-busting corn harvest this year are being washed away by relentlessly rainy spring weather, said the USDA on Tuesday. It projected a corn crop that is 5 percent smaller than last year, foiling May predictions of the second-largest crop ever. In one month, the outlook for corn shrank by 1.4… » Read More
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