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Biotech Bits

USDA last week forecast U.S. corn production at a record 13.2 billion bushels, up from 12.9 billion bushels projected in USDA's December forecast and 1% above the previous record of 13.0 billion bushels set in 2007. Corn exports are projected at 2.1 billion bushels, unchanged from last month and up from the estimated 1.9 billion bushels exported in 2008-09. Rebecca Fecitt, biotechnology programs director for the U.S. Grains Council, says the continued use of scientifically proven biotechnology applications provided by life science companies will help to increase corn yields, solidifying the need to continue developing markets for U.S. coarse grains.

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