Specialty corn buyers end up selling to ethanol market anyway

January 15, 2018 |

In Illinois, Reuters reports that corn farmers who sought to move away from yellow corn for ethanol in the face of a supply glut with four-year low prices and shift into specialty corn like white corn, organic and non-GMO have instead flooded those specialty markets as well. Now, instead of $1 per bushel premiums they’re seeing just 5 cents per bushel, or even below the cost of production, and may have to sell into ethanol markets anyway.

Print Friendly, PDF & Email

Tags: , ,

Category: Producer News

Thank you for visting the Digest.