USDA Crop Report Shows American Farmers on Track to Produce Record Harvest

WASHINGTON, DC — Today, USDA released its November World Agriculture Supply and Demand Estimates (WASDE) report. For corn, the report confirmed recent private estimates that the U.S. is on track to produce a record crop.
The 2013 corn crop is pegged at 13.989 billion bushels more than 700 million bushels higher than the previous record established in 2009. The report estimates 4.9 billion bushels of corn will be used to produce about 13.8 billion gallons of ethanol, unchanged from the September report.
Ending stocks are projected to be 1.887 billion bushels, up 32 million bushels from September and the highest level of carryover stocks since 2005. 

Growth Energy CEO Tom Buis stated, “It is clear from this report that the food versus fuel debate over the U.S. renewable fuel policy can be put to bed.  Our farmers have once again proven we can produce abundant quantities of high quality food, feed, fiber and renewable fuel.”

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