Ohio farmers planting more corn this year

Inspired by soaring demand for corn to feed the growing ethanol industry, Bozeman is joining a large number of farmers across the country who will plant corn instead of soybeans, wheat and cotton.

Some in the Midwest are ending their longtime practice of rotating plantings of soybeans one year and corn the next, opting to grow corn in consecutive years. Livestock farmers are turning pastures into cornfields.

"We have farmers half-joking about planting corn in their front yards," said Matt Roberts, an agricultural economist at Ohio State University. "A lot of farmers see this as an opportunity to have a very good year."

Prices for corn are up to $3.40 a bushel and projected to approach $4, reaching highs not seen in the last decade. At least 6 million to 8 million more acres of corn will be needed to supply ethanol plants, analysts say.

Ethanol production is expected to double as new plants are being built to turn corn into the gasoline additive, from around 5 billion gallons now to 11 billion gallons, according to industry estimates.

Private investments in ethanol plants have soared in the last year as government leaders have called for more production of renewable fuels.

Corn prices are so high, though, that it will cost chicken and pork producers more to feed their animals, and that could end up increasing prices at grocery stores.

To continue reading this article please click here

Source: Belleville News-Democrat

Sign up for our
regular news updates

Latest Pig Industry News

•   Farm Animal Disease Warnings
•   Japan: More Leftovers Recycled for Animal Feed
•   Livestock Transport Legislation Grinding to a Halt
•   Southeast Iowa Pork Producers to be Aided
•   Buffalo Imports Threaten Philippine Livestock
•   $20M Available under Cull Breeding Swine Program
•   AFBF Launch Animal Care Initiative
•   Pfizer Revenues Rise
•   Columbian TOPIGS Rep Cercafé Certificated
•   Big Dutchman Anniversaries: Company Hosted 450 Guests from Around the World