U.S. farmers planted the largest corn crop in 63 years---92.9 million acres of corn in 2007 which exceeded last year's planting area by 19%. These new dramatic numbers were reported today by the USDA National Agricultural Statistics Service (NASS). NASS also reported that the planting numbers surpassed the March 2007 projection by 3%. This increase in plantings indicates that American farmers are responding to marketplace signals and are working hard to meet the needs of all of their customers.
NASS cited several reasons for this increased planting:
- favorable prices
- growing ethanol demand and
- strong export sales
More information is available at the NASS website HERE
READ MORE
- USDA Report Forecasts Increased Corn Production
- Acting USDA Secretary Touts Corn and Ethanol Successes
- A-Maize-ing Fact: One Bushel of Corn
- USDA Forecasts Record-Setting Corn Crop for 2007
- Oil Prices and Weather Driving Up Food Prices
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
No comments:
Post a Comment