He also stated that in two years, it is forecast that Iowa and Nebraska will have to import corn from other states to meet the demand for feed and ethanol. It will no longer have corn available for export. Peter Kordell has been in the grain trading business for almost forty years and can't recall having ever seen the kind of growth in corn demand currently being caused by ethanol. Minneapolis, MN (PRWEB) June 25, 2007 -- Peter Kordell has been in the grain trading business for almost...

Congress passes the Alien Act limiting the ability of aliens to become citizens and allowing the President to deport immigrant critics of the administration. Products that are facing price hike include processed foods like ketchup (produced from high-fructose corn syrup), soft drinks, corn-based food items, like breakfast cereal, and corn chips, and wheat flour and soybean oil. But the largest price hike is expected to be seen by dairy and meet items because manufacturers are being...

As ethanol production expands and corn prices go up, more livestock producers living near ethanol plants are supplementing their feed with distillers dried grains. ARS agricultural engineeer Kurt Rosentrater has turned DDGS from corn-based ethanol production into high-quality pellets using processing equipment at a commercial feed mill. Currently the product can not be efficiently transported very far from the ethanol plant, limiting the number of producers who can take advantage of it....

As dry conditions take their toll on crops in Central Indiana, experts are predicting higher than normal prices and that could bring serious consequences for farmers. Obviously the price of hay is going up and many livestock farmers will have to purchase hay to supplement their feeding, which may result in some higher feeding expenses. If this is widespread throughout the corn belt, the prices will probably be elevated, he said, noting that rain predictions brought prices back down. But...

Senate Republicans blocked approval of a tax package that would create a 50-cent-a-gallon subsidy for ethanol made from crop residue and other sources of plant cellulose. The mandate is intended to guarantee a growing market for conventional corn ethanol as well as jump-start production of the cellulosic version. That would "deal a serious blow to cattle producers if we experience anything short of a record corn crop year after year," said Jay Truitt, vice president of government affairs...