Green Car Congress  
Go to GCC Discussions forum About GCC Contact  RSS Subscribe Twitter headlines

« Mendel Biotechnology Acquires Miscanthus Breeding Program from Tinplant | Main | Odyne and FAB in Sales and Marketing Agreement for PHEV Systems »

Print this post

US Farmers to Increase Corn Acreage by 15% in 2007; Ethanol a Driver

30 March 2007

Corn farmers in the US intend to plant 90.5 million acres of corn for all purposes in 2007, up 15% percent from 2006 and 11% higher than 2005, according to the just-released US Department of Agriculture’s annual Prospective Plantings report.

Cornvsoy07
Corn plantings up, soybeans down. Click to enlarge.

If realized this would be the highest acreage since 1944, when 95.5 million acres were planted for all purposes.

High corn prices, spurred by the ethanol boom, are encouraging farmers to plant more acres to corn. The increase in intended corn acres is partially offset by lower expected acres of soybeans in the Corn Belt and Great Plains (down 11%) and fewer expected acres of cotton and rice in the Delta and Southeast.

Last year, US farmers planted 78.3 million acres of corn. The report represents planned crop levels, not what is actually planted. The USDA will release its first report on the number of acres actually planted this year in June.

Resources:

March 30, 2007 in Brief | Permalink | Comments (2) | TrackBack (0)

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c4fbe53ef00d83463f68869e2

Listed below are links to weblogs that reference US Farmers to Increase Corn Acreage by 15% in 2007; Ethanol a Driver:

Comments

Corn futures are trading lock limit down $.20/bshl. That means there's more selling to come Monday. The hand wringing liberals who fret about corn prices going up will never understand that these prices spell opportunity for poor people worldwide. Crop acreage will expand worldwide year after year until prices start going down far below current prices. And that willhappen since the US still has 30m acres in "setaside" acreage where farmers are paid not to produce. THose acres are coming off now and will continue to do so.

That said, my preferred form of ethanol is "Trash-to-Ethanol" which has been highlighted here and at MIT on TechnologyReview.com, check it out. However in the meantime, as a bridge technology, corn ethanol is great for the economy and poor people alike.

The market works if you give it a chance.

A PTC for ethanol makes more sense to pay farmers not to grow crops.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Green Car Congress © 2014 BioAge Group, LLC. All Rights Reserved. | Home | BioAge Group