CORN NUMBERS: U.S. Corn Production Outlook

The U.S. Department of Agriculture is lowering its forecast for the nation’s drought-damaged corn crop.

It has dropped to 122.8 bushels per acre, down from 123.4 last month, the lowest since 1995.

Iowa’s corn crop is expected to average 140 bushels per acre.  Also down slightly from August.

Experts say even with this year’s drought, the U.S. corn production is predicted to be the 8th largest corn crop on record.