Statewide Iowa (RI) — Corn production in Iowa and the nation was on an upward trajectory last year, but industry leaders say there’s now a problem with declining market demand. A new study produced for two Iowa agri-business groups predicts that the demand gap will continue to grow.
Monte Shaw, executive director of the Iowa Renewable Fuels Association, says an oversupply of corn will drag down prices for farmers unless something changes.
Mark Mueller, president of the Iowa Corn Growers Association and a fourth-generation farmer from Waverly, says he’s worried there won’t be a fifth generation on his family’s land.
The Iowa Corn Growers Association is pushing Congress to allow the year-round sale of E-15 nationwide. A new study for the group finds that would close the demand gap for corn by 2031. The study predicts new markets for corn, like sustainable aviation fuel, are needed for long-term profitability.
(Rachel Cramer, Iowa Public Radio)
KIWA Staff Photo
