The Secretary of Stateâs office is the central filing office for certain financing statements and other lien documents provided for in the Uniform Commercial Code (UCC). Filing with our office serves to perfect a security interest in named collateral and establish priority in case of debtor default or bankruptcy.
Corn is a major field crop in New York State with more than 1 million acres planted annually. Typically, grain corn (including dry-shelled and high-moisture) represents 55% of the acreage, whereas corn silage represents the remaining 45% of the acreage. Recently, corn has been a very profitable crop to grow because of relatively high yields as well as high prices received by farmers.
Crop report reflects abundant crop, meaning lower market prices. The USDA's Crop Production Report has U.S. corn production at 12.8 billion bushels, up 5 percent from 2008. Soybean production is estimated at 3.2 billion bushels, up 8 percent from this past year, while wheat production is estimated at 2.18 billion bushels, 3 percent higher.