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400 Wheat 350 Corn 300
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Source: Bloomberg (No. 1 hard red winter – ordinary protein, Kansas City, MO and USDA Toledo No. 2 Yellow Corn Not on the River Spot Price), through November 8, 2011. 17 2012 Colorado Business Economic Outlook Agriculture
continued from page 17 production is projected to be very near the record
2010 crop output.
Corn prices have proven to be among the most
volatile of any crop in recent years. Colorado’s five
ethanol plants have capacity to utilize 55 to 60
million bushels of corn annually, and produce 140
million gallons of ethanol every year. At maximum
capacity, these plants could use nearly half of all
corn produced in the state. Corn prices will continue to have a major impact on Colorado’s livestock industry profitability and animal numbers.
Colorado hay prices soared in 2011 in response
to supply shortages in drought-stricken states and
a reflection of sharply higher prices f...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery