[zek157]

Popular seed corn hybrids sold out because of ethanol boom
By Thomas Geyer Quad-City Times | Monday, March 19, 2007

Farmers ready to cash in on rising corn prices already should have bought their hybrid seeds for planting that will start in the next month.

Otherwise, their first and even second choices for hybrids probably are sold out.

Corn futures continue to hover about $4 a bushel in response to the growing demand for ethanol, which is why farmers are choosing to plant more corn.

At this point, any shortage of first or second choice hybrids probably is not a problem here in the cornbelt, but it could be in states to the south, where the planting season starts earlier, said DeWitt, Iowa, farmer Bob Bowman, president of the Iowa Corn Growers Association.

[JamesP81]

Corn futures continue to hover about $4 a bushel in response to the growing demand for ethanol, which is why farmers are choosing to plant more corn.

I'm a programmer, but my company is a commodities risk management company for farmers. Today is grain report day, so it's kind of wild around here. We will be able to tell what's going to happen with prices when the market opens. There's a lot of planting going on due to high demand, and the report was very bearish. If the report is right, corn should fall hard. If it doesn't drop more than a dime at opening, get ready $5 corn. You can also expect soybeans to skyrocket further, and all food prices, especially meat, will be going up.