July 12, 2012
Brad Rippey, USDA Meteorologist, Office of the Chief Economist
On July 11, USDA’s World Agricultural Outlook Board cut the estimate for the 2012 U.S. corn crop by 1.82 billion bushels to “reflect expected impacts of persistent and extreme June and early-July dryness and heat across the central and eastern Corn Belt.” The 12% cut, which left the projected U.S...
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