The U.S. Department of Agriculture (USDA) released a report this week stating the national projected average for corn crop this month rose while the price paid to farmers decreased 15 cents.
The 2015 national average yield for corn is estimated to be the second highest on record, as corn prices are expected to be lower this year and estimates for ethanol use and exports have also decreased.
“With the corn harvest nearly complete, we see clearly the incredible abundance American farmers can produce, but we also realize that this excellence does not always bring an equivalent economic reward,” National Corn Growers Association (NCGA) Chairman Martin Barbre, a farmer from Illinois, said. “While we have sustainably produced a crop that can feed and fuel our growing world, market forces are negatively impacting the price which we will be paid. It is of the utmost importance that, during times such as these, we rededicate ourselves to NCGA’s ongoing efforts to stimulate demand for our growing crop.”
Increases in production rose by 99 million bushels to 13.6 billion and increases were spread throughout the Midwest, with Iowa leading the way with a six bushel-per-acre yield increase. Minnesota, North Dakota and South Dakota also saw large increases.
More Stories
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CDFA Announces one Vacancy on the Citrus Pest and Disease Prevention Committee
- AMERICAN FARM BUREAU FEDERATION: Support Ag Literacy Through the AFB Foundation for Agriculture’s Online Silent Auction
- AMERICAN FARM BUREAU FEDERATION: Farm Bureau: Members Accept Leadership Roles on National Committees
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CDFA Office of the Farm to Fork Invites Application for 2021 Farm to School Grants
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CDFA Awards Funding to Support Agricultural Education and Leadership Opportunities as part of the Calag Plate Program
- AMERICAN FARM BUREAU FEDERATION: AFBF Welcomes Nomination of Katherine Tai for U.S. Trade Representative
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CDFA Announces Vacancies on Feed Inspection Advisory Board Technical Advisory Subcomittee
- AMERICAN FARM BUREAU FEDERATION: AFBF Stands-Up for Farmers in Predatory Shakedown
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CFDA Issues Stop Use Notice and Statewide Quarantine on Organic Fertilizer AGRO Gold WS
- AMERICAN FARM BUREAU FEDERATION: Registration Open for American Farm Bureau Virtual Convention, Featuring Mike Rowe, Rorke Denver and Beth Ford