U.S. corn yields set record
This month’s 2017-2018 U.S. corn outlook showed larger production; increased food, seed, and industrial use; lower feed and residual use; and greater stocks, the U.S. Department of Agriculture (USDA) said in its World Agricultural Supply and Demand Estimates (WASDE) report last week.
U.S. corn production for 2017 is estimated at 14.6 billion bushels, up 26 million bushels from last month.
An increase in yield to a record 176.6 bushels per acre — two bushels above last year — was partially offset by a 400,000-acre...
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