The USDA cut its estimate of Argentina's corn crop by 6% to 23.5 million metric tons.
Right now, half of the corn crop in America is in poor or very poor condition.
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On Tuesday, the U.S. government said close to 10.0% of Iowa's corn crop is water-logged.
The crop is harvested around the same time as the US corn crop, between August and October.
The corn crop in my area is effectively destroyed, this year, and the economic cost will be enormous.
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If the corn crop sees normal weather, then yields can still be good.
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This year ethanol production will consume a whopping 42 % of the corn crop, says the US Department of Agriculture.
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In pursuit of energy independence, the United States is diverting about a quarter of the national corn crop to produce ethanol fuel.
Roughly 40% of the U.S corn crop was diverted to the production of ethanol for gasoline in 2010, up from 20% in 2006.
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On Oct. 8, when the Agriculture Department cut its forecast for the US corn crop, shares of Tyson, the chicken producer, dropped 6%.
Imagine if the U.S. Congress were to mandate subsidies for the dumping of 40% of the U.S. corn crop into the ocean every year.
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Nearly half of America's corn crop was also rated very poor to poor, while 57% of its pastures and range land were similarly graded.
This year, U.S. farmers planted the largest corn crop since 1937.
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Rep. Virginia Foxx, a North Carolina Republican, says giving up 20 percent of America's corn crop to make ethanol has unintended consequences, like spiking the cost of livestock feed.
Jeff Scates, a farmer in Southern Illinois, said about 75% of his family's farm was underwater last spring, and he didn't finish planting his corn crop until early June.
In 2007, 25% of the U.S. corn crop was diverted to produce ethanol, according to the U.S. Department of Agriculture, which projects that 30 to 35% will be diverted in 2008.
In fact, it's not far-fetched to imagine a perfect storm in which low-priced oil coincides with climbing natural gas prices just as a drought hits the Midwest, ravaging the corn crop.
Mild weather is leading to the expectation of bumper harvests in the northern hemisphere, while it seems as if less of the American corn crop will be used to produce ethanol.
Next-generation GM crops could boost food grown, cut pesticide use, make crops more resistant to droughts like the one that crushed the US corn crop last year, even create crops that fertilize themselves from the air.
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Still, the group this week joined other animal producers in calling for a reduction in corn ethanol production mandates, saying pricing and availability of corn for feed is threatened by the combination of a small corn crop this year and the government mandate, which will use about four of every 10 bushels of corn.
To meet the 2022 mandate of 35 billion gallons of biofuels using corn-based ethanol, crop land dedicated to corn will have to increase from 88 million acres to 233 million acres.
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Blame the drought conditions that blazed through the corn and soybean crop this year.
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The results of the experiments, reported in the journal Science, show that the modified plant can thrive even when salt levels are twice the amount that would kill a normal crop of corn.
Five years ago he uprooted his tomato, cabbage and onion plants to make room for baby corn seedlings - a crop he had never seen and equally would not eat - but with an export market secured, and his income guaranteed, he felt he had everything to gain.
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Crop plants like corn and tobacco can now be programmed with gene-splicing techniques to produce precious pharmaceuticals.
But everything from foreign currencies (the Canadian, Australian and New Zealand dollars all test record highs) to precious metals (setting new records almost daily) and crop futures (corn and wheat have nearly doubled this year).
Suffice it to say that we are not exactly on the verge of shifting some crop subsidies from corn to, say, olive-growing, which not only would be more healthful but would also make us less dependent on foreign oil.
African yields rank dead last in every major crop harvested, from corn to cotton.
When you log in to FarmLogs, you will see a dashboard that was designed for row crop farms such as corn, wheat, and soybean fields.
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