corn belt

5 Stories

Seed Shortage Buries Hopes for Record Corn Crop

Corn prices may hit record high this year

(Newser) - American farmers had been planning the biggest corn planting since World War II this spring, but they're being thwarted by a seed shortage. Drought conditions in the Midwest and Great Plains last year have caused what dealers in the corn belt say is the biggest shortage of top-quality seeds... More »

Volatile Markets a Growing Concern for Farmers

Volatile prices, uncertain demand push some farmers into the red

(Newser) - Volatile commodity prices and uncertainty about future demand are nurturing growing concern among American farmers as revenues sink—even as demand sprouts in emerging energy markets, the Wall Street Journal reports. Costs of doing business—namely seed, machinery, and fertilizer—are riding high alongside transportation costs, and commodity prices are... More »

Midwest Awaits Bumper Corn Crop

Ideal growing weather wipes out flood fears

(Newser) - America's farmers are on track to deliver the second-biggest corn harvest ever despite June floods, according to the Department of Agriculture. Shortages were predicted after severe flooding swamped fields, but the Midwest has had ideal corn-growing weather since, the New York Times reports. A healthy soybean crop is also expected.... More »

Floods Cloud Biofuel Future

Ruined Midwest crops spark worries about fuel supplies

(Newser) - The floods that swamped the corn belt last month have raised fresh fears about the future of biofuels, the New York Times reports. The ruined corn crop has sent the price of ethanol soaring, and experts worry that unpredictable weather could lead to future spikes in the price of energy... More »

Corn May Be Recipe for Disaster

Drought would ripple through US economy

(Newser) - The US is becoming so dependent on corn that a drought would have catastrophic effects that would ripple throughout the economy, reports the LA Times. Corn is essential as staple livestock feed, artificial sweetener, and a basic component of ethanol. A "corn shock" could lead to $5 gas and... More »

5 Stories