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Corn Farming in the US
IBISWorld, March 2009, Pages: 37
This industry comprises establishments primarily engaged in growing corn (except sweet corn) and/or producing corn seeds. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Ethanol fuels industry growth
This mature industry is a strong performer, with demand booming for ethanol producers. However, the domestic price of corn is the most significant factor to affect this industry, and with the possibility of alternative inputs to ethanol production becoming more cost effective, and a moderation in oil prices, industry revenue is like to moderate over the long term. The ability to alter the balance between corn crops and other products in response to changes in market conditions is important for a farms viability. Farmers need to be able to change their production mix to maximize farm returns.
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