The Economy

Ripe with Opportunity

Feb. 23, 2012

As we move into 2012, the production of agricultural staples such as corn will play an important role in boosting US economic growth. Domestic corn usage has grown from almost 8 billion bushels in 2000 to just over 11 billion bushels in 2011. The USDA reports farmers in 2012 are preparing to plant the most corn since 1944. Farmers see opportunity since droughts in other countries and strong domestic demand bode well for the crop's future.

Many related industries including farm equipment, chemicals, and food stand to benefit from this increased farming activity. This positive news in agriculture further strengthens our view that growth in these industries and the overall economy will reaccelerate by mid-2012. Prepare now to take advantage of these opportunities.

http://www.industryweek.com/Images/blog/Corn%20Blog.jpg

About the Author

Brian Beaulieu | CEO

Brian Beaulieu has been an economist with ITR Economics since 1982 and its CEO since 1987. He is also Chief Economist for Vistage International and TEC, global organizations comprised of over 13,000 CEO’s. At ITR, Brian has been engaged in applied research regarding business cycle trend analysis and the utilization of that research at a practical business level.

For the past 25 years, he has been giving workshops and seminars across the US and Canada to thousands of business owners and executives.

Prior to joining the ITR Economics, Brian was an economist for the US Department of Labor where he worked on the health care component of the Consumer Price Index.

Brian is co-author of the book, Make Your Move.