Search results
Results from the WOW.Com Content Network
Comparing 2008 to 2003, Alan Tiemann of Seward, a Nebraska Corn Board member, said that ethanol plants produce 15 percent more ethanol from a bushel of corn and use about 20 percent less energy in the process. At the same time, corn growers are more efficient, producing more corn per acre and using less energy to do so. [4]
The future use of corn ethanol as a main gasoline replacement is unknown. Corn ethanol has yet to be proven to be as cost effective as gasoline due to corn ethanol being much more expensive to create compared to gasoline. [6] Corn ethanol has to go through an extensive milling process before it can be used
It was third to sugarcane and maize (corn) in quantity produced. This is a rice field in Cambodia. The following list, derived from the statistics of the United Nations' Food and Agriculture Organization (FAO), lists the most valuable agricultural products produced by the countries of the world. [ 1 ]
During the 2008 financial crisis corn prices, fell 50% from their July 2008 high by October 2008, in tandem with other commodities, including oil, while corn ethanol production continued unabated. "Analysts, including some in the ethanol sector, say ethanol demand adds about 75 cents to $1.00 per bushel to the price of corn, as a rule of thumb.
Wheat has topped $10 a bushel due to dry weather in Argentina bringing concerns about a global shortage; it's already doubled this year and seems to be climbing a steep price curve.
Corn prices fell a bit this week but have still risen 25% so far this month. High corn prices ripple through many sectors, but few as badly as food companies for which corn is a major input.
For example, in pig farming, the hog/corn ratio is the number of bushels of corn equal in value to 100 pounds of live hogs. Put another way, it is the price of hogs, per hundredweight, divided by the price of corn per bushel. Since corn is a major input cost to hog producers, the higher the price of hogs relative to corn, the more profit there ...
Corn syrup explained: The liquid sweetener manages the unlikely feat of being one of the most valuable and most misunderstood ingredients in the kitchen.