After the eye-opening WASDE, corn growers are asking for help with a record crop on the horizon and few places for it to go.
The National Corn Growers Association says farmers are already facing low prices, and the latest report will only add to their issues. They are calling for market-based solutions to increase demand, particularly with ethanol.
NCGA wants Congress to make E15 available year-round, saying it will help consumers and farmers with extra supplies. Tuesday’s numbers show this year’s corn crop could be nearly 10 percent above 2023.
Corn ending stocks are expected at just over 2 billion bushels when the season is over, the largest since 2019.
Related Stories
Shaun Haney says the new blending targets could support ethanol demand as farmers face tight margins and strong export competition.
Renewable Fuels Association data shows ethanol production declined last week, but stronger blending demand provided support.
The Illinois Beef Association recognized the western Illinois family for its dedication to the beef industry.
A private acreage estimate points to fewer corn acres and more soybeans ahead of the USDA’s upcoming final acreage report this week.
