This year's US corn crop could be the smallest seen in three years, with extended cold weather delaying planting. Only 3% of the corn crop has been planted, compared to an average of 5% at this point in the year, with the Upper Midwest braced for another winter storm during what could be the coldest April in the region since 1895. Reuters target for corn planting was already unexpectedly low at 88 million acres, and yield from these will have to break 180 bushels per acre to match last year's crop of 14.6 billion bushels.
This year's US corn crop could be the smallest seen in three years, with extended cold weather delaying planting. Only 3% of the corn crop has been planted, compared to an average of 5% at this point in the year, with the Upper Midwest braced for another winter storm during what could be the coldest April in the region since 1895. The Department of Agriculture's target for corn planting was already unexpectedly low at 88 million acres, and yield from these will have to break 180 bushels per acre to match last year's crop of 14.6 billion bushels.