Anette Linnea Rasmussen | Dreamstime.com
U.S. farmers are on track to grow a record corn crop this summer — a fact that should result in lower corn prices this fall, assuming other countries don't impose tariffs on U.S. agricultural goods in retaliation for President Donald Trump's isolationist trade policies.
Farmers aim to plant 95.3 million acres in corn this spring, a figure the U.S. Department of Agriculture reports would mark the largest corn crop by acreage in over a decade. At a projected yield of 181 bushels per acre, the U.S. could produce 15.8 billion bushels of corn this summer.
