An ag economist says corn and soybean production is not likely to mirror 2012 despite similar drought conditions this summer.
David Widmar with Ag Economic Insights compared conditions for both years during the second week of July.
“There are always millions of acres of crops in trouble, but this year the impact is pretty similar to 2012,” he says. “That second week of July, about 75 percent of the crop was impacted by drought conditions.”
He tells Brownfield about a third of crops are typically in dry or drought conditions on average this time of year.
AEI considers drought impact on yields
