Agricultural Economics Department


Date of this Version

December 2006


Published in Cornhusker Economics, 12/20/2006. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.


Let’s face it. The farm economy across much of Nebraska has literally been turned upside down in the past few months by the “Ethanol Gold Rush.” Demand for corn has shot corn prices upward beyond $3.00 per bushel, when only a year earlier the harvest prices hovered around $1.50. Many expect these new price levels to hold, at least for the 2007 crop season.