Corn production for the country for this year is over 15,243 million bushels, a record crop according to the United States Department of Agriculture. The first survey-based corn yield forecast is at 167.4 bushels per acre. Senator Chuck Grassley says corn at New Hartford is at $3.38, below production cost. He adds some of the safety nets of the farm program may be used this fall.
For the complete interview with Grassley click here.