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Drought-resistant corn contributes to a valuable 2012 harvest

corn-fieldsNew, drought-resistant strains of corn helped farmers get through the drought in 2012 that cut the harvest to about 75 percent of what would have been expected with ordinary weather, according to “U.S. Drought 2012: Farm and Food Impacts,” a recent USDA report. Even with pressure from the drought, the harvest was a quite sizeable.

“The harvest was the eighth largest in U.S. history, a reflection of a big increase in recent years in the number of acres planted and crop technology that has improved plants’ ability to withstand drought,” according to a recent article from the Associated Press.

Drought-tolerant corn varieties include Monsanto’s DroughtGardTM Hybrids, DuPont Pioneer’s hybrid AQUAmaxTM, and Syngenta’s Agrisure ArtesianTM.

The number of bushels harvested doesn’t tell the whole story, economists say.

“Because demand remained strong and corn prices remained high - above seven dollars a bushel for much of the summer and fall - the 2012 crop was the most valuable ever produced, with a value of around $85 billion, said Chad Hart, an agriculture economist with Iowa State University,” the AP reported. Read more.

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