USDA crop report 'good news' for farmers, consumers
August 13, 2010
The U.S. Department of Agriculture is projecting a record corn crop in Indiana for the second consecutive year, pushing production beyond 1 billion bushels for the first time. It also forecasts a record crop nationally.
The production will enable U.S. farmers to meet worldwide demands for grain in food and for ethanol blends in gasoline to fuel cars.
"If you like to eat and drive your car, this is good news," Purdue agricultural economist Chris Hurt said Thursday (Aug. 12) during a panel discussion at the Indiana State Fair after the release of the USDA's "Crop Production Report" for August.