WebProvide your answer below: The opportunity cost for the U.S. to produce corn is 1/2 bushels of wheat. (1/2=10/20). Canada's opportunity cost for producing corn is 3/5 bushels of wheat. (3/5=15/25). Since the U.S. has a lower opportunity cost of corn than Canada, the U.S. will specialize in corn production. WebAug 4, 2024 · At an average annual price of $3.52/bushel, beef and pork exports accounted for $1.87 billion in market value to the corn industry. Beef and pork exports also used 3.03 million tons of distiller’s dried grains with solubles (DDGS) at an annual average price of $154.59/ton, generating $468 million in market value for ethanol mills’ co-products.
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WebApr 2, 2024 · Exporting corn through U.S. beef and pork Beef and pork exports accounted for 503.4 million bushels of U.S. corn usage, which equated to a market value of $3.4 billion (at an average corn price of $6.75 per bushel). Beef and pork exports accounted for 3.42 million tons of DDGS usage, equating to $834 million (at an average price of $244 … WebAug 4, 2024 · U.S. pork exports used 2.45 million tons of soybean meal, which is the equivalent of 103.2 million bushels of soybeans. At an average annual price of … substack bubble 3.0
. The following table shows the production of wheat and …
WebSep 9, 2024 · Market ready corn is dried to 15.5% moisture and will weigh 56 pounds per bushel. Web15 minutes ago · Beef and pork exports accounted for 503.4 million bushels of U.S. corn usage, which equated to a market value of $3.4 billion (at an average corn price of $6.75 per bushel). Beef and pork exports accounted for 3.42 million tons of DDGS usage, … WebWhat is the weight of a bushel of corn? A bushel of shelled corn weighs 56 pounds (25 kg). That comes out to 35.71 bushels per ton. A bushel of corn that is still in the ear will weigh 70 pounds (31 kg). What Is A Bushel? A … substack ceo chris best