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The USDA recently released its 2012 crop report detailing the impact of the devastating 2012 drought. Officials have touted the biotech-enabled drought resistance of some crops—most notably corn—which helped some farmers save face last year. In fact, the report notes that we harvested 10.78 billion bushels of corn last year, one of the highest on record.
Bloomberg Markets magazine is reporting today that, during a speech to attendees at the National Grain and Feed Association convention in San Diego in March, Cargill Inc.
