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corn price
In the past year, the price of corn rose to $4.00 per bushel. This was mainly due to increased demand for ethanol production in the United States and the release of the USDA Prospective Plantings Report in March. The price has dropped back down to the $3.00 to $3.30 per bushel range. Those heating with corn have a unique market. They can purchase corn directly from neighboring farms or farmers which gives them the ability to contract the corn for the entire heating season. This allows them to set their heating prices at the beginning of the season and know what their heating bill will be all winter long.
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