{"id":64739,"date":"2023-01-15T07:45:09","date_gmt":"2023-01-15T12:45:09","guid":{"rendered":"https:\/\/olduvai.ca\/?p=64739"},"modified":"2023-01-15T07:45:09","modified_gmt":"2023-01-15T12:45:09","slug":"usda-reveals-us-corn-harvested-acres-at-2008-levels-amid-megadrought","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=64739","title":{"rendered":"USDA Reveals US Corn-Harvested Acres At 2008 Levels Amid Megadrought"},"content":{"rendered":"<header class=\"ArticleFull_header__Eyn7V\">\n<h3 class=\"ArticleFull_title__MEgbb\"><a href=\"https:\/\/www.zerohedge.com\/commodities\/usda-reveals-us-corn-harvested-acres-2008-levels-amid-megadrought\">USDA Reveals US Corn-Harvested Acres At 2008 Levels Amid Megadrought<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__t4rGu\">\n<div class=\"NodeContent_body__6iJOI NodeBody_container__hI8PI\">\n<p>Last year was a bad year for corn \u2014 the latest US Department of Agriculture (USDA) report shows drought conditions and extreme weather wreaked havoc on croplands.<\/p>\n<p>USDA unexpectedly slashed its outlook for domestic corn production amid a severe drought across the western farm belt. Farmers in Nebraska, Kansas, and Texas were forced to\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/im-shocked-us-crop-tour-reveals-drought-stricken-cornfields\">abandon drought-plagued fields<\/a>.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/corn_1.png?itok=39OL3Ygc\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/corn_1.png?itok=39OL3Ygc\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/corn_1.png?itok=39OL3Ygc\" alt=\"\" width=\"500\" height=\"248\" data-entity-type=\"file\" data-entity-uuid=\"fb0ac171-d2fe-47f1-b63f-f250bd2ecbfc\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>The agency estimated farmers harvested 79.2 million acres, a decline of 1.6 million acres versus the previous estimate \u2014 the smallest acres harvest since 2008.<\/p>\n<blockquote><p><em>The\u00a0<strong>unexpected cut to US harvested corn acres<\/strong>\u00a0means grain supplies are a lot tighter than realized. A report Thursday showed the corn area in the\u00a0<strong>world&#8217;s largest producer is at the smallest since 2008<\/strong>\u00a0with crops failing in states such as Texas and Nebraska. That&#8217;s due to\u00a0<strong>persistent drought conditions<\/strong>\u00a0in the western part of the country that could also hit harvests for wheat plants that are currently dormant for the winter. &#8212; Bloomberg<\/em><\/p><\/blockquote>\n<p>The crop-failed lands reduced total harvest corn acreage to levels not seen since 2008.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_11fd638d.png?itok=SM5y6zRi\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_11fd638d.png?itok=SM5y6zRi\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_11fd638d.png?itok=SM5y6zRi\" alt=\"\" width=\"500\" height=\"233\" data-entity-type=\"file\" data-entity-uuid=\"8cf4157c-8265-4c52-b611-3d7fc0439d24\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>Less acreage tightens supply and might continue to put a bid under corn prices.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_11fedd6c.png?itok=mobSfLG_\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_11fedd6c.png?itok=mobSfLG_\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_11fedd6c.png?itok=mobSfLG_\" alt=\"\" width=\"500\" height=\"277\" data-entity-type=\"file\" data-entity-uuid=\"3f1ed039-6b71-4cc1-992c-edc88c3f62be\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>Global food prices remain at crisis levels.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_1207c66d.png?itok=KMy8Jbdn\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_1207c66d.png?itok=KMy8Jbdn\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_1207c66d.png?itok=KMy8Jbdn\" alt=\"\" width=\"500\" height=\"277\" data-entity-type=\"file\" data-entity-uuid=\"7f3df4fd-74f2-4997-a203-4a2411224842\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>Here&#8217;s the current drought situation across the farm belt.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2023-01-14_14-14-10.png?itok=v0B8kd23\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2023-01-14_14-14-10.png?itok=v0B8kd23\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2023-01-14_14-14-10.png?itok=v0B8kd23\" alt=\"\" width=\"500\" height=\"358\" data-entity-type=\"file\" data-entity-uuid=\"05340268-85f8-4a93-bb03-1f1961981f12\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>Corn production woes from the US don&#8217;t bode well in the fight to crush food inflation. It seems as if the prices for our food will remain high well through 2023.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>USDA Reveals US Corn-Harvested Acres At 2008 Levels Amid Megadrought Last year was a bad year for corn \u2014 the latest US Department of Agriculture (USDA) report shows drought conditions and extreme weather wreaked havoc on croplands. USDA unexpectedly slashed its outlook for domestic corn production amid a severe drought across the western farm belt. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4,7],"tags":[21328,220,288,1912,4848,827,834,4318],"class_list":["post-64739","post","type-post","status-publish","format-standard","hentry","category-environment","category-survival-2","tag-corn","tag-drought","tag-extreme-weather","tag-food-production","tag-megadrought","tag-united-states","tag-us","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64739"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64739\/revisions"}],"predecessor-version":[{"id":64740,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64739\/revisions\/64740"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}