Bumper U.S. Corn Harvest to Boost Global Supply, Benefiting Customers but Squeezing Farmer Profits

Bumper corn harvest in the U.S. will push global supply to a surplus and hold down prices, benefiting customers but squeezing farmer profits.

Abundant harvest comes after dry spring threatened yields; better genetics and planting equipment contributed to yields.

With harvest storage full, supply increase could be the biggest in nearly 20 years.

Lower prices benefit poultry, egg, and ethanol producers but hurt farm incomes.

Farmers hope exports and new domestic demand can use surplus and boost prices.