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According to the United States Department of Agriculture (USDA), the average U.S. yield for corn was 177 bushels per acre, up 3.3 percent over 2020 and a record high, with 16 states posting state records in output, and Iowa reporting a record of 205 bushels of corn per acre. Overall production of corn in the U.S. was 15.1 billion bushels for 2021.
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.
The Winchester bushel is the volume of a cylinder 18.5 in (470 mm) in diameter and 8 in (200 mm) high, which gives an irrational number of approximately 2150.4202 cubic inches. [4] The modern American or US bushel is a variant of this, rounded to exactly 2150.42 cubic inches, less than one part per ten million less. [ 5 ]
The U.S. has doubled corn yields over the last 40 years and expects to double them again in the next 20 years. With twice as much corn from each acre, corn can be put to new uses without taking food from the hungry or causing deforestation. US consumers buy things like corn flakes where the cost of the corn per box is around 5 cents. Most of ...
That is, if the price of wheat in 2002 was $3.80, farmers would get an extra 58¢ per bushel (52¢ plus the 6¢ price difference). Fruit and vegetable crops are not eligible for subsidies. [39] Corn was the top crop for subsidy payments prior to 2011.
One major drawback with corn ethanol, is the energy returned on energy invested , meaning the energy outputted in comparison to the energy required to output that energy. Compared to oil, with an 11:1 EROI, corn ethanol has a much lower EROI of 1.5:1, which, in turn, also provides less mileage per gallon compared to gasoline. [7]
However, the co-product from this process will produce corn oil, corn gluten meal, corn germ meal, corn gluten and feed steep water. The average of one bushel of corn generally will have about 32 lb of starch or 33 lb sweeteners or 2.5 gallons of fuel ethanol and 11.4 lb gluten feed and 3 lb gluten meal and 1.6 lb corn oil. [9] [10]
Indeed, the bushel, the best-known unit of dry measure because it is the quoted unit in commodity markets, is in fact a unit of mass in those contexts. Conversely, the ton used in specifying tonnage and in freight calculations is often a volume measurement rather than a mass measurement.