Don Hutchens, executive director of the Nebraska Corn Board, said that without ethanol's demand for corn, the corn mountains would be higher and corn prices would be even lower. Producers are still frustrated with high production costs and low corn prices: Recent reports say corn is selling at $1.65 a bushel, down from $2.15 for the same time last year. Doug Jose, an ag economist at the University of Nebraska, said ethanol demand has added about 10 cents to the price of a bushel of corn.
Thursday, November 17, 2005
Ethanol production taking bite out of Nebraska corn supplies
From the Columbus Telegram - Ethanol providing new market for corn
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment