Bloomberg News

U.S. Corn Output May Rise to 14.27 Billion Bushels, USDA Says

February 28, 2012

Feb. 24 (Bloomberg) -- U.S. corn production may rise to a record 14.27 billion bushels, from 12.358 billion last year, the U.S. Department of Agriculture said.

Farmers may yield 164 bushels per acre, the USDA said today in a report released at its annual Outlook Forum in Arlington, Virginia. U.S. plantings may total 94 million acres, the most since 1944, the agency said yesterday. Rising production may boost domestic inventories to 1.616 billion bushels before the harvest, rebounding from a 16-year low, according to the report.

--Editor: Daniel Enoch

To contact the reporter on this story: Whitney McFerron in Chicago at wmcferron1@bloomberg.net

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net


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