Record U.S. Corn Crop Hinges on Southern, Eastern Growers Amid Western Drought
Timely planting, good spring rains and mild summer temperatures have raised expectations for a bumper harvest in eastern and southern parts of the U.S. Corn Belt, where massive production of the yellow grain will be needed to make up for drought-stressed crops in the west.
With corn prices hovering near eight-year highs, the world is depending on a massive U.S. harvest to make up for shortfalls in Brazil, the world’s No. 2 supplier after the United States, where the crop was hit by drought and an ill-timed frost.
Strong export demand from China and others, a rebound in ethanol production as drivers return to the roads following COVID-19 shutdowns and surging usage from the feed sector mean that end users will need every bushel that American farmers can produce.
“I am looking at probably a record-breaking crop if it finishes right,” said Eric Honselman, who grows corn and soybeans on 2,000 acres (810 hectares) near Casey, Illinois. “We have just been blessed.”
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With corn prices hovering near eight-year highs, the world is depending on a massive U.S. harvest to make up for shortfalls in Brazil, the world’s No. 2 supplier after the United States, where the crop was hit by drought and an ill-timed frost.
Strong export demand from China and others, a rebound in ethanol production as drivers return to the roads following COVID-19 shutdowns and surging usage from the feed sector mean that end users will need every bushel that American farmers can produce.
“I am looking at probably a record-breaking crop if it finishes right,” said Eric Honselman, who grows corn and soybeans on 2,000 acres (810 hectares) near Casey, Illinois. “We have just been blessed.”
Click Here to read more.