New US corn crop – down 1 billion bushels from this year

U.S. corn production could shrink by nearly 1.2 billion bushels, or 8 percent, in 2015 with a return to normal yields and a 2 percent reduction in plantings, says economist Dan O’Brien of Kansas State U. Corn yields were record high this year, as was production at 14.407 billion bushels. Weak commodity prices will encourage a downturn… » Read More

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