Barn Media 5-27-10: Corn Demand | TheFencePost.com
YOUR AD HERE »

Barn Media 5-27-10: Corn Demand

Brian Allmer, Barn Media Podcast Producer

The projected new crop supply of corn – as of the May USDA forecast – shows a 13.37-billion bushel corn crop with a national average yield of 163.5 bushels to the acre. That’s supply – not including what’s leftover from last year – and only half of the story. Demand or consumption is the other half. USDA has projected it at a record pace – lead upward by demand for corn to produce ethanol says University of Illinois Ag Economist Darrel Good.

The projected new crop supply of corn – as of the May USDA forecast – shows a 13.37-billion bushel corn crop with a national average yield of 163.5 bushels to the acre. That’s supply – not including what’s leftover from last year – and only half of the story. Demand or consumption is the other half. USDA has projected it at a record pace – lead upward by demand for corn to produce ethanol says University of Illinois Ag Economist Darrel Good.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User


News


See more