The National Corn Growers Association is intensifying its call for action from Congress and the administration after the USDA’s WASDE report projected a 16.7-billion-bushel corn crop this year. That further threatens the livelihood of farmers already facing record-low corn prices.
“Corn growers are already marketing their corn for extremely low corn prices, and this massive projected corn supply without market-based solutions to increasing corn demand is already causing corn prices to drop further,” said NCGA President Kenneth Hartman, Jr. “Because we need markets fast for this supply, we are redoubling our call for Congress to pass legislation that allows year-round consumer access to E15.”
NCGA also points out that this solution comes at no cost to consumers, requires no additional infrastructure developments, and would generate demand for 457 million additional bushels of corn.
NCGA is also pushing the administration to quickly broker additional trade agreements and finalize details on others.
