Corn Commentary

Show Me Economic Growth

Mo Corn BillboardMissouri corn growers are reminding residents - and lawmakers - in the capital city of Jefferson that ethanol is helping the state’s economy.

According to a University of Missouri economic impact study, ethanol production in Missouri is expected to reach 350 million gallons annually by the end of 2008. This growth would create 5,613 jobs, generate $63 million in tax revenues and inject an estimated $726 million into the state’s economy.

Mo Corn BillboardImportant information, but not quite the emotional punch as the billboards they did two years ago with state president Terry Hilgedick and a former king of Saudi Arabia. Caused a nice little stir and they got some good publicity out of it, not to mention the fact that it did help get the ethanol standard passed, which went into effect on January 1.