Analysis: U.S. "dodged a bullet" with last year's drought

02/20/2013 | Farmdoc Daily (University of Illinois)

In terms of reduced corn yields, the eastern Corn Belt received the brunt of last year's drought, with Kentucky and Missouri among the worst-hit, according to an analysis by Gary Schnitkey, an agricultural economist with the University of Illinois. In a way, the U.S. "dodged a bullet" because the overall corn-supply disruption would have been much worse had the drought been centered in eastern Iowa and northern Illinois, Schnitkey notes.

View Full Article in:

Farmdoc Daily (University of Illinois)

Published in Brief: