This will help combine the new value that
Bushel brings to market and the great web platform that is FarmCentric.
The US corn harvest will be a record 13.763 billion
bushels, 28 percent more than in 2012, the Department of Agriculture said August 12.
Corn futures surged nearly 6 per cent on the Chicago Board of Trade after the US Department of Agriculture reported corn stocks on September 1 were below 1 billion
bushels for the first time in eight years.
To dry corn from 35% to 23%, the system has to remove 11,48 lb of moisture per
bushel, which requires 11.48 lb/bu x 1,400 Btu/lb = 16,072 Btu/bu.
When my father started irrigating in our area in 1966, one could buy a bag of seed corn in the small flats or rounds that weighed one
bushel and the seed count was right around 120,000 in a
bushel of seed corn.
During 2010, wheat is likely to trade in the $5 per
bushel to $6 per
bushel range, with pressures toward a possible $4.50 per
bushel by harvest, Mr Francl estimated.
Last summer, corn futures on the Chicago Board of Trade traded over $7 a
bushel and soybean futures climbed above $16, fueled by heavy flooding which delayed production in the US Midwest.
So how's your
bushel? Do you, in fact, have a
bushel?
BONUS: There are 56 pounds of corn in one
bushel. Approximately how many pounds of corn were used to make ethanol in 2006?