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Acres of Knowledge

All issues concerning Small Farms, Agriculture, Local Food Systems, and the Natural Resources.

Corn Market Functioning as Needed?

Posted by Myla Munro Ringler -

Corn prices managed a small rally following the USDA's  November 8 Crop Production report that contained a corn production forecast that was not quite as large as feared. Since then, however, new lows have been established and prices are currently only about $0.10 above the pre-report level. The recent corn market commentary has been dominated b...

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Corn Used for Ethanol Production

Posted by Myla Munro Ringler -

In the monthly WASDE report released on November 8, the USDA's World Agricultural Outlook Board estimated that 4.648 billion bushels of corn were used to produce ethanol and co-products during the 2012-13 marketing year.  That estimate is 371 million bushels less than the estimate for the 2010-11 marketing year and 352 million less than estimated use during the 2011-12 marke...

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