date:Oct 04, 2012
the yield shortfall will likely fall in a similar range this year.
For corn, the difference between actual (or forecast) yields is 32.8 bushels for 1988 and 35.6 bushels for 2012. The difference in the magnitudes of the yield shortfalls is consistent with the observed weather patterns in those two years, according to a report from University of Illinois ag economists Scott Irwin and Darrel Good. Most analysts, including the authors, however, calculate the trend yield for 2012 to be above the u