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Gold Rush: More than 90 million acres of corn will be planted this spring

The U.S. Department of Agriculture says the largest corn crop in 63 years is on the horizon as farmers cash in on the ethanol gold rush. Estimates indicate more than 90 million acres will be planted with corn this spring. Experts say corn is selling above production cost for the first time in 30 years, and farmers are reacting with record planting. In fact, prices have more than doubled since last August, and the total windfall could be $50 billion. With a successful harvest, farmers will reap 12.5 billion bushels this autumn. That's 700 ... Read more →

World to suffer corn shortage as ethanol demand increases Joel Arellano

The Department of Agriculture predicts that the U.S., which exports 45-50 million tons of corn yearly, will instead convert 50 million tons to ethanol next year. Last year alone the country exported ...

Gold Rush: More than 90 million acres of corn will be planted this spring 2 years ago on Autoblog Green

The U.S. Department of Agriculture says the largest corn crop in 63 years is on the horizon as farmers cash in on the ethanol gold rush. Estimates indicate more than 90 million acres will be planted with corn this spring. Experts say corn is selling above production cost for the first time in 30 ...

World to suffer corn shortage as ethanol demand increases 3 years ago on Autoblog Green

The Department of Agriculture predicts that the U.S., which exports 45-50 million tons of corn yearly, will instead convert 50 million tons to ethanol next year. Last year alone the country exported over 40 million tons which is enough to feed over 130 million people. Federal requirement to double ...


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