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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 northern Illinois, farmers could lose $140 per acre on average for corn and $30 an acre for soybeans with autumn delivery prices of $4.50 and $11.50 a bushel, respectively, the analysis showed.
While their corn crop was good, and they also make money from finishing about 14,000 conventional hogs a year, they lost their entire 2024 wheat crop to disease. So that has added to the stress ...
The US is the world's largest producer of corn. [8] 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.
Corn was the top crop for subsidy payments prior to 2011. The Energy Policy Act of 2005 mandated that billions of gallons of ethanol be blended into vehicle fuel each year, guaranteeing demand, but US corn ethanol subsidies were between $5.5 billion and $7.3 billion per year. Producers also benefited from a federal subsidy of 51 cents per ...
Bernard Shaw (May 22, 1940 – September 7, 2022) was an American journalist and lead news anchor for CNN from 1980 until his retirement on March 2, 2001. Prior to his time at CNN, he was a reporter and anchor for WNUS, Westinghouse Broadcasting, CBS News, and ABC News.
CHICAGO (Reuters) -Several employees were hospitalized after an explosion and fire late on Sunday at a massive Archer-Daniels-Midland (ADM) facility in Decatur, Illinois, that severely damaged ...
William Charles Beutel 1 (December 12, 1930 – March 18, 2006) was an American television reporter, journalist, and anchor. He was best known for working over four decades with the American Broadcasting Company, spending much of that time anchoring Eyewitness News for WABC-TV in New York City.