A corn shortage in Iowa is causing the state to seek crops from other states. Flooding delayed spring planting and last year’s drought knocked down corn yields, according to Ross Korves, economic policy analyst of Michigan-based ProExporter Network, as quoted in an article by Perry Beeman in the Des Moines Register.
Korves spoke to an audience attending the Iowa Farm Bureau Federation’s Economic Summit at Iowa State University. It is estimated the state will have to purchase around 221 million bushels of corn to meet demand from ethanol plants and livestock operations, he said.
Corn forecasts for the state are about 149 bushels per acre, better than last year but lower than the state’s regular output, according to the report. Iowa is expected to come in below the projected national average of 152 bushels per acre.
Imported crops likely will come from other states, not other countries.
Other Midwestern states are faring well, including Illinois with 584 million bushels and Wisconsin with 63 million shipped. PD
—From Perry Beeman article in Des Moines Register
