11.14.2023

US Corn Farmers Defy Summer Drought, Extreme Heat for a Record Crop

From Bloomberg’s Michael Hirtzer:

So much for the summer of drought and extreme heat in the US that triggered early fears about crop damage. On Thursday, the Department of Agriculture made it official: This year’s corn harvest was the biggest ever.

The most widely grown US crop will total 15.234 billion bushels, the USDA said in its latest set of monthly estimates, surpassing the previous peak of 15.148 billion set in 2016. The final tally was higher than what most analysts polled by Bloomberg expected.

The complete Bloomberg article can be accessed here.

 

 

 

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