Larger U.S. corn crop expected this year - KWWL - Eastern Iowa Breaking News, Weather, Closings

Larger U.S. corn crop expected this year

U.S. farmers are expected to boost the size of this year's corn crop, potentially easing global food inflation by fall. 

The U.S. Agriculture Department says farmers intend to plant 92.2 million acres of corn this spring, a 5% increase over last year. That would make it the second-biggest corn crop since 1944.

Grain prices are at their highest levels since the food crisis of 2008.  New production will help ease concerns over a supply pinch. Worries over a shortage have doubled the price of corn, from $3.50 to more than $7 a bushel since last summer.

The high prices are encouraging farmers to plant more corn.

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