Corn Rush; Demand for Ethanol Is Turning Kernels Into Gold, but How Long Can the Corn Boom Last?

Summary


DYERSVILLE, Iowa - Like an old prospector, Mayor Jim Heavens stares out at the farmland surrounding his northeast Iowa town and thinks, "there's gold in them there fields."

As corn production soars, fueled by a boom in corn-based ethanol demand, those golden Iowa kernels seem as good as gold. And Dyersville, like a lot of rural Iowa cities at the epicenter of the nation's so-called Corn Rush, is ready to reap the rewards.

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Corn Rush; Demand for Ethanol Is Turning Kernels Into Gold, but How Long Can the Corn Boom Last?

"Dyersville is going to change," Heavens predicted. "More people are going to be moving to town, more people will be building and, hopefully, we can get some of our kids to move back to town if we have a good job to offer them."

Heavens and others in the city of 4,000 located in western Dubuque County see the planned opening of an e...

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