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Agriculture is a major component of the New York economy. [1] As of the 2012 census of agriculture, there were over 35,000 farms covering an area of 7 million acres (28,000 km 2) which contributed $5.4 billion in gross sales value and $1.2 billion in net farm income to the national economy.
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.
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.
Corn prices on the Chicago Board of Trade dropped from US$7.99 per bushel in June to US$3.74 per bushel in mid-December; wheat and rice prices experienced similar decreases. [159] The UN's Food and Agriculture Organization, however, warned against "a false sense of security", noting that the credit crisis could cause farmers to reduce plantings ...
Monthly cost of living difference from New York: $297.95. Monthly percentage increase in costs vs. New York: 2.91%. Rockville Centre is one of two cities in New York that are more costly than NYC ...
Roger Short sold his protected family farm in Port Townsend, Wash., to the area’s port authority, which now leases parts of it to local farmers.
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 ...
Sweet corn: 5 cents an ear, or 35 cents in today’s dollars. Rib-eye steak: $2.49 a pound, $17.50 in today’s dollars. Coffee: 66 cents a pound, $4.47 in today’s dollars.