Friday, June 29, 2007

U.S. Farmers Plant Largest Corn Crop in 63 Years


USDA Food and Fuel Food vs. Fuel Food versus FuelU.S. farmers planted the largest corn crop in 63 years---92.9 million acres of corn in 2007 which exceeded last year's planting area by 19%. These new dramatic numbers were reported today by the USDA National Agricultural Statistics Service (NASS). NASS also reported that the planting numbers surpassed the March 2007 projection by 3%. This increase in plantings indicates that American farmers are responding to marketplace signals and are working hard to meet the needs of all of their customers.

NASS cited several reasons for this increased planting:
  • favorable prices
  • growing ethanol demand and
  • strong export sales
Iowa continued to lead all states in total corn acres and state records were also set in Illinois, Indiana, Minnesota and North Dakota.

More information is available at the NASS website HERE

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