User Login    
 + Register
News : New study shows impacts of corn and ethanol production
Posted by John on 2013/1/8 10:50:00 (375 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

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

Other articles
2015/11/25 14:20:00 - Police Seek Help Finding Grain Valley Fugitive
2015/11/25 12:30:05 - 11 Earthquakes Strike SE Missouri Overnight
2015/11/25 12:00:00 - Trenton Woman, Rescued In Monday Fire, Passes Away In Hospital
2015/11/25 11:14:43 - Mizzou Women Beat SIUE 75-46, Move to 5-0
2015/11/25 10:57:47 - Northwestern Holds Off Missouri 67-62 In CBE Classic
2015/11/25 10:50:00 - Lady Bulldogs Ride Richman's 22 Points To First Win Of Season
2015/11/25 10:36:32 - Gilman City Girls Open With Road Win Against Osborn
2015/11/25 10:26:54 - Chillicothe Routs Penney In Girls Season Opener
2015/11/25 10:20:00 - Princeton Splits Season Openers At North Harrison
2015/11/25 9:30:00 - Trenton Goes Overtime In Season-Opening Win Over East Buchanan
2015/11/25 8:56:26 - Mizzou Facing Image Crisis After Racial Issues, Upheaval
2015/11/25 8:26:05 - Two Charged With Murder After Man Found Dead Near Branson
2015/11/25 7:35:35 - North Central Missouri College Board of Trustees Meeting Report
2015/11/25 6:38:42 - Cameron Regional Medical Center Announces Awards Scholarships
2015/11/25 6:29:52 - 37th Annual Eagle Days at Squaw Creek Refuge To Be Held Dec. 5 & 6
2015/11/25 6:10:00 - Grundy County To Receive New Voting Equipment
2015/11/25 5:46:26 - Woman Identified In Monday Fire
2015/11/25 5:37:58 - Two Teens Injured, One Arrested In Accident Near Milan
2015/11/25 4:21:31 - Authorities Identify Victims, Alleged Shooter In Moberly Area Murder-Suicide
2015/11/25 4:18:02 - Grandfather Who Let 8-Year-Old Drive In Fatal Crash Had DUI, Drug History
2015/11/25 4:08:39 - A Rainy Thanksgiving And Potentially Slick Black Friday Morning For Missouri
2015/11/25 3:57:16 - Livingston County Sheriff Investigation Results In Conviction
2015/11/25 3:49:18 - I-29 Traffic Stop Nets 60 Pounds Of Marijuana
2015/11/24 15:28:17 - NCMC Men Fall To .500 With Hard Fought Road Loss
2015/11/24 15:21:45 - Grundy R-5 Swept In Basketball Season Openers
2015/11/24 15:19:17 - Kansas State Blows Out Missouri 66-42 In CBE Classic Semis
2015/11/24 15:15:14 - Cunningham Repeats As SEC Freshman Of The Week
2015/11/24 15:13:38 - Trenton JV Girls Drill Cameron, 37-9
2015/11/24 10:25:04 - NCMC Lady Pirates Limp Into Thanksgiving On Three-Game Skid
2015/11/24 9:30:00 - Mizzou Basketball Will Play In Puerto Rico In November '16

Bookmark this article at these sites


Listen to KTTN-FM