Ethanol-Corn Prices

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Local corn prices could be going up, partly because of two ethanol plants in Colorado and a third that's opening soon in Windsor.

Colorado Corn Growers Association President Trent Bushner says expected increase in demand for the fuel additive is going to be a factor in the price hike.

Last year, the U-S Department of Agriculture released a report estimating a 34 percent increase in demand for corn by ethanol producers.

That's expected to bump prices to two-dollars-and-25 cents to two-dollars-and-65-cents a bushel -- up from around two dollars last year.

Bushner says the corn market is affected by a variety of factors. That includes the Midwest's wet spring that prompted many growers to switch to soy beans, because they are planted later in the season.

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