UsDA slashes corn yield forecast as drought deepens

摘要

Washington-As drought conditions intensify across the Midwest, the US Agriculture Department on July 11 slashed its expectation for the year's corn harvest by 12%, creating uncertainty over US ethanol producers' chief feedstock. The grim outlook came on the same day as some otherwise good news for corn growers: that a retailer in Kansas became the first in the country to sell the recently approved blend of 15% ethanol and 85% gasoline, known as E15.