Sunday, May 15, 2011

Lets Slow it Down

The need for corn is rapidly growing not only in the United States but all over the world. With increased planting the US will be able to meet that need in the future and continue growth in alternative energy methods such as ethanol. In fact, in the coming year corn yields will increase by over 1 billion bushels. The graph shows yields as well as future projections. However, as long as the demand for corn is split between exports, ethanol production, and livestock feed, food costs will remain inflated. To see the complete USDA monthly report and yearly projections follow this link. --->


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