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.Meetings & Events
RibFest Announces Concert Headliners
How Much Do You Take Home In Pay?
80 MPH Interstate Speed Limit Starts This Week
Lincoln Continental Makes Its Return For 2015
- 5.Your Money Matters
'Department of Legal Affairs' Phone Scam Targets KELOLAND
- 6.Retail & Restaurants
CH Patisserie To Start Online Shop
- 7.Legislation, Taxes
Senate Overrides Veto Of Electric Cooperative Tax Proposal
Deadwood Moves Forward On $7 Million Visitor Center Project
- 9.Housing, Legislature
Veto Of Plan To Gather Rental Property Data Will Stand
- 10.Your Money Matters, College
School of Mines Rated Best College Value in SD