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That depends on where you grow the corn: In the irrigated Sacramento Valley and San Joaquin Valley of California much corn is grown with humongous quantities of highly subsidized water, obscene quantities of fertilizer, and enough pesticides to kill off a medium-size ethnic group. The yields are fantabulous.
By way of contrast, in God's Own Country, i.e. Minnesota, Wisconsin, Iowa, Illinois, parts of Nebraska and some other places we get plenty of rainfall to grow corn without irrigation, though the quantities of artificial fertilizer and pesticides are huge, and the erosion of soil is not a negligible issue.
Like Sweden, Minnesota has abundant water. Indeed, a Swede will feel right at home in Minnesota, except that most of the Swedes I know speak better English than many of us do. Shucks, we even have Finnlander jokes and Norweigian jokes, just like in 'da Old Country. Yah, you bet.
As far as the Great Plains go: I say, give it back to the bison and the Native Americans--and quit draining the Oglalla Aquifer.
That is the deal killer for ethanol made from corn or just about any crop used to make ethanol. It won't free us from fossil fuel usage, it just hides said usage behind a politically good facade.
I guess with the public, out of sight is out of mind.
http://unplanning.blogspot.com/2006/02/plans-that-stink-to-hog-heaven.html