date:Oct 12, 2012
nt said earlier this week.
Rains in the Midwest in late August and early September helped the soy crop recover from the drought, but the corn crop at that time was already too far along in its growth to benefit significantly from the rainfall.
The USDA again reduced its forecast for corn production, but by less than analysts expected. It estimated the corn crop will be 10.706 billion bushels, down slightly from the 10.727 billion bushels it projected last month. The harvest would be the nation's