Several observations:
1. Yes, it is a pretty bad trophy (obviously), but why is this so important to people? It is just a football game. Who the heck really cares about a dumb trophy. If they want to award a trophy (dumb or otherwise) who the heck really cares? IT IS JUST A FOOTBALL GAME. GET A LIFE.
2. The Iowa Corn people (who support a pretty big industry in Iowa, by the way) are just doing their job. The people at Iowa and Iowa State (in the athletic departments) sold the rights to this game to the highest bidder. For money. Iowa Corn paid to sponsor the game. A part of the deal, obviously, were the rights to design the trophy. Are you really surprised that the Iowa Corn people came up with this trophy? They are trying to promote their industry. The trophy is not a symbol of the game, but a symbol of their industry (an important one, by the way). Don't you people get it?
3. If you really want to be mad at somebody, file your protests against the athletic departments at Iowa and Iowa State. They are the people who sold the rights to the Iowa Corn board. You will see more of this in the future. These athletic departments must raise money to support their enterprises.
4. If you want to protest the trophy (which is a ridiculous waste of time), send letters or emails to the U of I or Iowa State, not the people at the Iowa Corn board. They are just doing their job - promoting an industry that is important to many Iowans.