Flooding could lead to lowest corn yield since 2012

Associated Press

July 10, 2019

WAUKESHA — Eating corn on the cob may cost people a little more money this year after flooding affected farmers’ ability to plant crops.

AccuWeather is predicting this year’s corn yield in the U.S. will be the lowest since 2012. A new AccuWeather analysis estimates there will be 13.03 billion bushels of corn, based on 167 bushels per acre on 78 million acres harvested.

However, increased prices for the consumer mean higher prices for farmers.

“It’s a little bit of a blessing for the farmers who did plant since they might get a higher price for whatever they harvest,” said AccuWeather Senior Meteorologist Jason Nicholls.

“The ones who were able to plant will do alright because they’re happy to see the price of corn go up,” Nicholls said in a statement. “It’s possible by the end of the summer that instead of the corn being priced at $4.30 or $4.40 as it is now, it might be closer to $5. I think it’s going to be good for those farmers.”

Many areas of the United States were hot by significant amounts of rain and flooding, forcing farmers to plant their corn crop later than usual. As a result, according to AccuWeather, that has also affected initial estimates of the condition of the corn, with historically low estimates of “good” or “excellent” the last three weeks of the U.S. Department of Agriculture’s (USDA) Crop Progress.

The percentage of corn considered “good” or “excellent” in 18 key cornproducing states has been at 56% the past two weeks. In 2018, that estimate was at 76%, according to AccuWeather.

States with particularly low ratings last week include Missouri (29%), Ohio (31%) and Indiana (39%).

AccuWeather’s predicted yield would be the lowest since 2012 when 10.76 billion bushels of corn were produced. In 2018, the total was 14.42 billion bushels.