Running For St Jude's Childrens Hospital
Fort Wayne Morning News with Charly Butcher
The Pat Miller Program
Money Talk with Chris Moore
Your Money With Mike
Mutual Fund Show
Fort Wayne Komets
Marketing and Advertising Career
Penny Pitch Application
Purdue University Agricultural Economist Says Amer...
Purdue University Agricultural Economist Says America's Role as World's Corn Export King on Decline
Created by khavens on 11/26/2012 5:24:52 AM
Purdue's Philip Abbott says that prior to a 2007-08 spike in commodity prices, the U.S. exported well over half of the corn that entered international markets. But since then he says high corn prices have caused the rest of the world to expand their production and become more self-sufficient.
Abbott notes that about 40 percent of the corn grown in the U.S. is used for ethanol production to comply with a federal standard.
Although American farmers have shifted acreage away from other crops and into corn, he says the U.S. hasn't kept up with other nations such as those in South America which have significantly increased their corn acreage in recent years.
Copyright © 2014 WOWO 92.3 FM | 1190 AM