User Login    
 + Register
News : New study shows impacts of corn and ethanol production
Posted by John on 2013/1/8 10:50:00 (301 reads) News by the same author

Missouri's corn and ethanol industries are adding to the state's bottom line according to a study released today by the Missouri Corn Growers Association (MCGA) and Missouri Corn Merchandising Council (MCMC).

Conducted by the University of Missouri Commercial Agriculture Program, the study calculated the corn and ethanol industries injected $12 billion into the state's economy from 2000 to 2011.

Overall the combined benefits to the state's economy from the corn and ethanol industries over the 12 years studied were: $12 billion in economic value, $5.3 billion in labor income, and $2.2 billion paid in local, state and federal taxes

This dedication by farm families and commitment from the state of Missouri has resulted in big dividends for Missourians. During the 12-year period, the ethanol industry yielded a 6:1 return, a net value of over $600 million, on the state's investment.

According to the study, Missouri's six majority farmer-owned ethanol plants alone generated the following direct and indirect benefits to the state: $734 million in economic value, $416 million in labor income, and $174 million in local, state and federal taxes.

Annually Missouri's ethanol industry utilizes nearly 100 million bushels of corn to produce nearly 300 million gallons of ethanol and 825 million tons of distillers grains, a high protein livestock feed. In 2011 Missouri corn production added over $1 billion in value to the state's economy and together the two industries supported 67,000 jobs.

The complete study can be found online. To learn more about Missouri's corn and ethanol industries, visit www.mocorn.org.

Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2014/10/30 10:19:14 - 11 Men Sentenced In International Child Porn Ring
2014/10/30 10:07:13 - Plane Crashes Into Building At Airport In Wichita, Kansas
2014/10/30 9:22:06 - Grundy County Circuit Court News
2014/10/30 9:19:12 - Summit Natural Gas To Raise Rates
2014/10/30 9:13:29 - Chillicothe Police Make Additional Arrest In Drug Investigation
2014/10/30 4:40:00 - Mother Upset After School Vaccinates Her Child Without Her Permission
2014/10/30 4:36:29 - Illinois Teacher Calls Jamaican Students "N" Word After They Object To 'Afro-American'
2014/10/30 4:09:13 - Kirksville Teen Arrested For Child Molestation
2014/10/30 4:02:02 - Missouri Inmate Indicted For Killing Cellmate
2014/10/30 3:59:21 - Wentzville Parents Charged In 10-Week-Old's Death
2014/10/29 12:36:00 - "Mr. Mizzou" John Kadlec Passes Away at 86
2014/10/29 12:33:08 - NCMC Announces Cancellation of "Meet the Pirate" Night
2014/10/29 12:28:54 - Pre-Season Parent Meeting Approaches For THS Wrestlers
2014/10/29 12:24:51 - Alex Smith Suffers Shoulder Injury
2014/10/29 12:19:43 - 7th Heaven : Royals Push World Series To Dramatic Final Game
2014/10/29 10:40:56 - Health Fair To Be Held Saturday In Mercer County
2014/10/29 10:38:44 - Solar Farm, Electric Rates Topic Of Trenton Board Of Public Works
2014/10/29 10:36:41 - Program On Ebola To Be Presented Saturday In Chillicothe
2014/10/29 10:34:22 - Chillicothe Police Department Makes Arrests On Drug Charges
2014/10/29 7:33:09 - Ebola Containment Topic Of Local Emergency Planning Committee
2014/10/29 7:29:21 - NCMC Board Of Trustees Meeting Report
2014/10/29 3:20:00 - Rebecca Taul: A Tragedy Comes To A Close
2014/10/28 11:31:34 - Unbeaten Brookfield Cruises To 56-13 Win Over Trenton
2014/10/28 10:42:06 - Mendon Resident Hurt In Accident South Of Chillicothe
2014/10/28 10:39:39 - Bethany Man Injured In I-35 Accident
2014/10/28 10:39:16 - Mississippi State Remains Associated Press #1
2014/10/28 10:37:48 - Mizzou Wins Homecoming Bout With Vanderbilt, 24-14
2014/10/28 10:37:07 - Trenton City Council Addresses Various Issues At Latest Meeting
2014/10/28 10:34:35 - KC's Second-Half Surge Overwhelms In-State Rival Rams
2014/10/28 10:34:12 - Two Injured In Accident East Of Chillicothe



Bookmark this article at these sites

                   

Listen to KTTN-FM