The U.S. Department of Agriculture is releasing its final crop report for 2012, providing a glimpse of what last year's drought cost the nation's farmers and others.
The report covers a number of crops, but attention will likely focus on corn production.
The USDA predicted the nation's biggest harvest ever in the spring, when farmers planted 96.4 million acres of corn. But it began scaling back its estimates as the drought spread across two-thirds of the nation.
Analysts said Friday morning that they expect the final report to reflect an even smaller crop than the USDA's December estimate.
Analysts on average expect a final estimate of 10.6 billion bushels, down from December's 10.7 billion bushel figure.
That would still be the eighth largest corn crop in the nation's history.
Most Popular Today
- 1.Your Money Matters
Sioux Falls Sisters Launch Online Shop
Harley Recalls Nearly 46,000 Motorcycles
Prom Spending & Promposals
Diet Pepsi Dropping Aspartame For Splenda
Investigators Examining Lower Brule Sioux Financial Deal
- 6.Livestock, Retail & Restaurants
Avian Bird Flu May Change Price Of Eggs
Slide The City Plans Second SD Stop
Friday Morning Business Brief