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Posts tagged ‘Bushel of Corn’

29
May

What Consumers Should Know About Corn

There are more than 45,000 items in the average American supermarket and more than a quarter of them contain corn.

How can that be? Because corn is cheap, as in r-e-a-l-l-y cheap. 7 cents a pound, on average. But corn production is not measured by the pound. Instead, corn is grown, priced, measured, and traded by the bushel, which holds about 56 pounds of kernels. At $4 per bushel (the current market rate from farmer to buyer), that’s 7 cents a pound. Read more »