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Flooding leads to corn problems

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The Agriculture Department’s October crop report released recently shows a reduction in the U.S. corn crop compared to the September report, mainly because of a drop in the estimate for harvested acres.

USDA estimates farmers will produce 12.433 billion bushels of corn this year, down from 12.497 billion bushels in the September estimate.

In the October report, USDA estimates corn farmers will harvest 83.9 million acres, a drop of 452,000 acres from the September estimate.

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