According to data released by the U.S. Department of Agriculture's National Agricultural Statistics Service (NASS), U.S. farmers planted 92.9 million acres of corn in 2007, exceeding last year's corn area by 19 percent and surpassing the USDA's earlier projection (in March) by 3 percent. To put that number into perspective, it is equal to the total arable (cropland) area of four of the nation's leading farm states: Iowa, Illinois, North Dakota and Oklahoma. The Food and Agricultural Policy Research Institute (FAPRI) forecasts that some 2.18 billion bushels of that corn will be converted to ethanol this year. At an average …
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