Demand also motivates farmers to plant more acres of corn and fewer acres of forage crops like alfalfa or milo. That means it takes more money to feed and raise cows, a cost many say will eventually be passed on to consumers. Demand for corn needed to make ethanol is soaring and so are the prices. Cattle raisers are keeping their animals on pasture longer rather than taking them to feed yards. Experts say that with decreased supply in these crops, the price of milk will continue to climb....

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However, most of the harvest is done, and corn yields have been better than expected. Since the corn harvest is ongoing in Argentina, production estimates for the 2006/07 crop are preliminary. Corn production estimates for 2006/07 in Argentina and Brazil were boosted this month, increasing global coarse grains production. However, the main-season crop harvest is complete, and reported record yields have exceeded expectations. These factors were enough to more than offset some adverse...

However, corn is also more vulnerable to bad weather than other crops. And with total rainfall down almost 14 inches from the annual average, Parker, and the many other farmers who invested heavily in corn, are feeling the heat. Riggins said he won't have official statistics regarding the drought's effect on local corn crops until after harvests in July and August, but based on seeing the fields and talking with farmers, he said it doesn't look good. At this point, Riggins said it's most...

He said corn is a primary feed ingredient for meat-producing animals, used as a sweetener in processed food, as a source of cooking oils and in cereals. Some of this year's corn crop, planted in mid-May, did not produce its first sign of a stalk until after the recent rainfall. The demand for corn has prompted many farmers in South Georgia to switch their crop to corn instead of growing peanuts and cotton. It's corn that is being blamed for much of the increase in producer and, ultimately,...

Generally, the growth of the ethanol industry likely will reduce the amount of corn available for exports or livestock feed. However, the higher corn prices may be negative for some of the livestock producers that will have to bid for corn against ethanol plants and foreign exports. In a short crop year, the potential is for very strong corn prices as ethanol plants and other corn-dependent industries bid for limited stocks. If there is a short crop from either a drought or flooding, it is...

This latest break in corn should provide an opportunity for users to buy corn and it should spur another round of exports as many users across the world need corn. The rain certainly didn t make the corn crop, but it helped rejuvenate the crops in the eastern corn belt. The corn market should continue to slide lower, but remember, this is a demand driven market and that demand isn t going anywhere and will probably increase. Weather remains the main focus for the corn market as there is...

Feragen said the division raised prices by about 2 percent in that quarter, but a 4 percent to 5 percent price increase was really needed to cover the increasing cost of corn. Both the fuel and animal feed are made from corn. At the conference, Feragen also said the company may look for investments to grow its business, including acquiring businesses and making internal investments. Corn prices have skyrocketed to near $4 per bushel due to the rising demand for the alternative fuel...

It is estimated that within five years almost one-third of the North American corn harvest will be used to produce ethanol rather than food. If it does -- when it does seems more likely -- it won't be because of anything as insidious as agricultural subsidies. DURING a debate on agricultural subsidies recently, a United States congressman warned his colleagues not to fiddle with them because in Australia, where they were fiddled with, a box of corn flakes now costs US $12. The prices for...