Short crop, robust demand alter Iowa grain flow pattern
A below-average corn crop means Iowa will likely have to import corn from neighboring states this year to meet ethanol and feed demands, ProExporter Network economic policy analyst Ross Korves said last week at the Iowa Farm Bureau Economic Summit.
ProExporter has lowered its expected yield for Iowa to 149.5 bushels per acre, well below the 10-year average of 168 bushels, due to problems ranging from excessive spring rainfall to extremely dry weather in July, said Korves. ProExporter forecasts ...
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