
The president of the National Corn Growers says impacts of the
coronavirus pandemic will be felt for quite a while.
Kevin Ross, who farms in southwest Iowa, points to the trickle-down effect of reduced fuel demand.
“We’ve backed up demand for corn, and now the projected carryouts are above 3 billion after this year, with large acreage planted at 97 million acres this year.”
He says 2020 was shaping up to be a relatively strong year for corn demand until COVID-19 came along.