WASHINGTON, D.C.–(ENEWSPF)–August 10, 2012. In the first estimates to take into account the extreme heat and droughts that have ravaged the country this summer, the Department of Agriculture predicted this morning that U.S. corn production will fall to 10.8 billion bushels for the 2012/2013 growing season, the lowest since the 2006/2007 growing season which was before passage of the Renewable Fuel Standard 2. Yields are projected to decline by 22.6 bushels per acre or 15 percent from the June report to 123.4 bushels per acre.
