Today, the U.S. Department of Agriculture reported corn stocks in all positions on March 1, 2018, totaled 8.89 billion bushels, up 3 percent from the same last year. They also report more corn being stored on farms, up 2 percent from 2017 to 5 billion bushels. Off-farm stocks also saw an increase over last year up 5 percent to 3.89 billion bushels.
USDA predicts planted corn acres for 2018 at 88.0 million acres, down 2 percent of 2.14 million acres from last year. Planted acreage is expected to be less nationwide.
We’re working every angle to make corn farming more profitable for Illinois farm families.Learn More
Ethanol displaced an amount of gasoline refined from roughly 550 million barrels of imported crude oil, keeping $36 billion in the U.S. economy in 2018.Learn More
“We’re proud of the impact we have on our economy, our environment and our everyday lives," says Don Duvall from Carmi, IL.Learn More