Will We Have Enough Corn?

Cindy Zimmerman

The Iowa Corn Growers/Corn Promotion Board has released a document addressing concerns about whether they will be able to produce enough corn to meet demand for ethanol.

One of the issues they address is the price of corn, which this year is expected to average about $3 a bushel, the highest it has been since 1995. Corn Graph

The corn growers point out that during the last decade Iowa’s corn farmers have too often had to rely on federal farm programs to break even because corn prices failed to keep pace with either production costs or ordinary inflation (see graph).

Like other Americans, corn farmers should be able to compete in the marketplace, sell their crops for a profit, and earn a living for their families without being faulted for corn prices being “too high.”

Read the document pdf file.

Ethanol, News