Corn Still Seventh Highest on Record Despite Long-Lingering Drought

The drought seemed to have its toll on corn production last year. Based on the USDA 2012 Crop Report summary, corn production was estimated at 10.8 billion bushels, which is 13 percent below 2011 numbers. Despite the decrease, last year’s harvest was the eighth largest in U.S. history. Iowa led the Corn Belt states with 1.87 billion bushels, followed by Minnesota with 1.37 billion, Nebraska with 1.29 billion and Illinois with 1.28 billion bushels. Soybean production fell 3 percent from 2011, but produced the seventh largest U.S. crop on record, while sorghum, rice and cotton saw an increase in production from 2011. Review the crop report.