This will help combine the new value that Bushel
brings to market and the great web platform that is FarmCentric.
"When full production capacity is reached, the plant will consume 150,000 bushels
of corn a day and turn out five products, including dextrose, ethanol and SweetBran feed for cattle," Al Viaene, manager of Cargill's Fort Dodge plant, said in a statement.
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.
The USDA now estimates an acre of corn will yield 123.4 bushels
, which would make it the lowest per-acre yield since 1995, because of one of the worst U.S.
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.
Thus, in this case, the opportunity cost of growing AA yellow corn is the contribution margin of GM yellow corn times the number of bushels
of GM yellow corn given-up for each bushel
of AA yellow corn.
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?