date:May 13, 2013
percent from 10,780 million bushels in 2012 based on planted area of 97.3 million acres, up slightly from 2012, and harvested area of 89.5 million acres, up 2 percent, and yield of 158 bushels an acre, up 28 percent from 123.4 bushels. The average price of corn was projected to range from $4.30-5.10 a bushel in 2013-14, down from $6.70-7.10 a bushel estimated for the current year and $6.22 a bushel in 2011-12.
US total corn supply in 2013-14 was projected at 14,924 million bushels, up 25 perc