Jumat, 10 Agustus 2012

USDA estimates of corn and soybean production drop as drought takes its toll ... - Washington Post

USDA estimates of corn and soybean production drop as drought takes its toll ... - Washington Post

ST. LOUIS â€" The government slashed its expectations for U.S. corn and soybean production for the second consecutive month Friday, predicting what could be the lowest average corn yield in more than 15 years as the worst drought in decades scorches major farm states.

Nonetheless, Agriculture Secretary Tom Vilsack, in a statement supplied exclusively to The Associated Press, insisted U.S. farmers and ranchers remain resilient and the country will continue to meet demand as the global leader in farm exports and food aid.

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