Based on conditions as of September 1, yields are expected to average 174.4 bushels per acre which would be the highest yield and production on record in the United States.
The record supply is expected to have a dampening effect on prices, making U.S. corn more competitive in the global market and hopefully boosting exports.
Buying patterns for U.S. corn have shifted, with U.S. corn export sales to Mexico helping to offset light purchases by more traditional buyers.
Grains plummeted this week, led by a fall of nearly 6% in corn, as funds rushed for the exit after prospects for US crops improved.
Does protecting America's lucrative seed corn industry warrant the use of national security laws intended to fight terrorists and government spies? The FBI says yes
David Hula of Virginia, recaptured bragging rights to the world record corn yield with his 2015 National Corn Growers Association Yield Contest entry
Syngenta AG is escalating a legal battle over the way biotech seeds are introduced to farm fields by suing several grain-trading firms.