U.S. corn crop could be smallest since 2012 drought
Analysts say corn plantings will total 86.7 million to 87 million acres after a rainy and cold spring, a 6% downturn in plantings that could mean the smallest harvest since drought shriveled fields in 2012, reports Successful Farming. The International Grains Council lowered its forecast for the global corn crop by 2% on Thursday, and Indigo Ag said its crop health index for corn “is significantly below 2018 levels and is ranking below 2012’s historically poor corn harvest.”
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