Bacon shortage debunked; but local dairy farmers see higher feed prices
But is the U.S. corn situation so dire that the country will be importing grain from elsewhere on the planet? Henning said this country exports a large percentage of its corn crop and that will continue. “China is still buying our corn and soybeans; they can’t feed a billion people.”
Then there is the question of ethanol in gasoline. There is some speculation that because of the corn shortage, the Environmental Protection Agency will drop its requirement that a certain amount of ethanol must be added to gasoline. But, Henning said, even if the mandate was dropped, refiners would continue to add ethanol to the mix because of the economics of the business.
In any case, as the price of corn continues to go up, big producers in western states are looking to alternate forms of feed. A Reuters news story on the matter titled, “Sweet times for cows as gummy worms replace costly corn feed,” related the story of one rancher who got a good deal on a haul of ice cream sprinkles that he fed to his dairy herd. More commonly though, the article said, producers are turning to such things as “cottonseed hulls, rice products, potato products and peanut pellets.