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Corn estimate lowered to reflect harvest

Published 10/12/2012, The Jamestown Sun

The U.S. Department of Agriculture on Thursday slightly lowered its projection for the nation’s corn crop for a fourth straight month, reflecting worse-than-expected news about the actual impact of this year’s withering drought from the farmers busy harvesting their fields. The USDA estimates that farmers will harvest 10.71 billion bushels of corn this year, which would be the smallest amount since 2006. Last month’s estimate was 10.73 billion bushels.

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