is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist

Johanns Against Policies Lowering Corn Prices

USDA Secretary understands there are two sides to the issue, but doesn't favor cheaper corn.

Although strong U.S. corn prices resulting from ethanol demand have certainly benefited corn growers, they have also made it harder for livestock producers to find cheap grain. Livestock producers now have concerns that they must compete with ethanol plants for the same product for animal feed.

In the double-edged sword issue created by higher corn prices, U.S. Agriculture Secretary Mike Johanns doesn't believe that U.S. agricultural policy should encourage cheap corn.

"I don't want to get into the business that cheap corn is good for the industry," Johanns says. Speaking at the Advancing Renewable Energy Conference Wednesday, Johanns added that policies should not aim to "encourage $1.60" a bushel prices.

Johanns says he understands that there are two sides to the debate.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish