CORN CHECKOFF AGGRESSIVELY BUILDING DEMAND FOR ILLINOIS’ TOP CROP

Feb, 16, 2018

U.S. Department of Agriculture analysts are out with their crop price predictions, and the numbers aren’t too favorable. From now until 2027, they’re looking for, “…crop prices to be pretty much what they are now.” USDA price projection coordinator David Stallings says he expects corn prices to average in the $3.30 to $3.60 range. Building demand is key to corn farmer profitability, and that’s our bottom line here at IL Corn. To building the domestic market for ethanol, IL Corn is a key player engaged with automobile manufacturers, corn industry groups, and the ethanol interests in the Ag-Auto-Ethanol (AAE) Work Group. AAE evolved out of conversations between corn and ethanol producer groups, agribusiness partners, automobile manufacturers, infrastructure providers, and technical and academic experts on ways future fuels and engines could work in tandem to meet the 2017 and later model year light-duty vehicle greenhouse gas emission and corporate average fuel economy (CAFE) standards.