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Corn prices are now up about 10% over the past month. The surge came after prices hit 2020 lows last year due to oversupply, which eroded farmers' incomes and hit the rural economy hard.
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.
High food prices were also a major factor contributing to the Arab Spring unrest. [4] The deflated FAO food price index reached an all time high in 2012. [5] As a result of a very dry summer in the United States and Europe, corn and soybean prices reached all-time highs in July 2012 and prices remained high throughout 2012 [1]
AmeriFlora '92 logo. AmeriFlora '92 was an international horticultural exhibition held in Columbus, Ohio, United States from April 20 to October 12, 1992.Taking place on 88 acres (356,123 m 2) of landscaped grounds at Franklin Park, the exhibition cost $95 million to produce and attracted 5.5 million visitors.
Field of Corn has become a popular piece of public art in the Central Ohio Community. The display received "Best of Columbus" honors by readers of Columbus Monthly magazine each year of its nomination since 2008, including four #1 awards as best public artwork in central Ohio.
President Donald Trump said Friday that a first round of tariffs on Canada, Mexico, and China will begin on his self-imposed deadline Feb. 1 but that some duties on oil and gas may be limited.
The consumer price index released on February 12 showed a monthly increase of 0.5% in the prices average Americans pay for goods and services, up from 0.4% in December. High food, fuel and shelter ...
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