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Before prices plunged last summer, Henebry said he sold some corn for $5.50 to $5.70 per bushel and then for as much as $6.21 per bushel delivered to the grain elevator.
In 1900, corn acreage was double that of wheat in the United States. But from the 1930s through the 1970s soybean acreage surpassed corn. Early in the 1970s grain and soybean prices, which had been relatively stable, "soared to levels that were unimaginable at the time".
One bushel of corn can produce 2.8 gallons of ethanol in as well as 17-18 pounds of DDGS. [13] Compared to other major sources, corn is the least efficient means of ethanol production. In 2007, the production process used 75% of the energy extracted. [14] [needs update] On account of great demand for ethanol, corn is fetching higher prices.
The IGC's data, analysis and reporting are used by member governments, private organizations and other international bodies concerned with grain market developments. The IGC's benchmark Grains and Oilseeds Index, which tracks international grain and oilseed prices, is publicly available on the organization's website.
AMBALA, India (Reuters) -The Indian government has offered guaranteed support prices for pulses, corn and cotton in a bid to break a deadlock with protesting farmers, Trade Minister Piyush Goyal ...
In 2023, once bird flu died down, egg prices dropped, and so did the company's stock, Sharma said. A similar scenario might play out in 2025. "If you didn't get in already, you missed the train.
Grain Worldwide production (millions of metric tons) Notes 1961 1980 2000 2010 2019/20 Maize (corn) 205 397 592 852 1,148 A staple food of people in the Americas, Africa, and of livestock worldwide; often called corn in North America, Australia, and New Zealand. A large portion of maize crops are grown for purposes other than human consumption.
From a mid-August peak of a record $8.49 a bushel, corn December futures have fallen to around $7.40 a bushel today. The spread between corn for December 2012 delivery and March 2013 delivery has ...