Corn Growers Target 3 Billion Bushels in New Markets as 17 Billion-Bushel Crop Pressures Prices
Updated
Updated · Capital Press · Jul 10
Corn Growers Target 3 Billion Bushels in New Markets as 17 Billion-Bushel Crop Pressures Prices
2 articles · Updated · Capital Press · Jul 10
Summary
A National Corn Growers Association strategy report says maritime fuel, sustainable aviation fuel and corn-based fibers and plastics could absorb major new U.S. corn demand after the record 2025 harvest.
The push comes as low corn prices and high input costs squeeze farmers, while yields keep rising by about 2 bushels a year even as acreage stays flat or slips.
Maritime fuel tied to new global carbon standards could use another 3 billion bushels, the group said; sustainable aviation fuel could add 1.7 billion, and ethanol-based polymers 3 billion to 5 billion.
Year-round E15 sales, already passed by the House and awaiting Senate action, would also lift corn use; the group says the blend can cut consumer fuel costs by 20 to 30 cents a gallon.
Trade policy remains a parallel concern because Mexico is the top buyer of U.S. corn and distillers grains and Canada the top buyer of U.S. ethanol as USMCA renewal comes into question.