2007-06-22; 08:59:29 EDT
Member Since
2002-09-17
Posts: 4946
Brad, The price for corn won't take that big of a jump. Fields that were previously in the "land Bank" will now come out of retirement and be used for raising more corn. The land bank paid farmers for not planting anything on their land. It was a way to control commodity prices which fell dramatically because of the excess production due to more efficient farming methods. I doubt that corn prices will rise to much because it still is the feed of choice for dairy farmers who grow most of what they use. Ethanol plants are popping up all over in Wisconsin and area farmers are being encouraged to grow corn to supply them. Many of the tractors used to plow the fields are now using bio diesel which is also becoming more readily available through the farmers cooperatives. Sounds like ethenol might actually be more green friendly than one would think. In the old days, if farmers got forty of fifty bushels of corn per acre, that was considered the norm. Today they are getting 100 bushels or more per acre. Yes, corn prices on the market are rising, but that will also give farmers incentives to grow more which will balance out the supply and demand. Now if we can only get the government to quit adding 15% gasoline to the ethanol, I might stop drinking rum and make the switch to 180 proof alcohol. Rummy ************************************** See what's free at http://www.aol.com.See the original archive post