Farmers can't make money when corn is down at $3.50 a bushel (futures). And local prices are much, much lower because the elevators are full from back to back record crops. We have a $.60 basis in my area, which is historically very high.
What's good for farming is no longer good for farmers. Their best recent year was 2012, a 100 year drought when corn prices went north of $8. We had 120bu corn in 2012, which is $960/ac revenue. This year even at 200bu corn we'd be looking at about $600/ac revenue. Good luck with that. You're just farming for insurance payments at that point.
And I forgot to mention that about 40% of all corn use goes to gas tanks as ethanol (the rest is about 40% livestock feed and 15% exports). So even with that demand source, which is itself a dumb idea, we can't clear the market at a price farmers can live on.