Exports are a growing opportunity.
Making export growth a priority extends to the locks and dams priority (we need adequate infrastructure to move grain) and the ethanol priority (ethanol exports is a growing market). "Exports" is the place where many of our programs overlap.
IL Corn works with several important partners to accomplish our international export goals, including:
- US Grains Council
- National Corn Growers Association
- US Meat Export Federation
- USA Poultry and Egg Export Council
The Illinois corn checkoff increased their investment in the U.S. Meat Export Federation in 2021. That investment is starting to pay off.
Beef and pork export volumes and values are increasing, allowing livestock farmers in the U.S. to grow more livestock and feed more corn. In 2020, beef and pork exports used 530.5 million bushels of corn. At an average annual price of $3.52/bushel, beef and pork exports accounted for $1.87 billion in market value to the corn industry.
Experts Remain Optimistic Despite Hurdles Overseas
National Corn Growers Association Lead Economist Krista Swanson remains optimistic despite overseas obstacles for United States corn exports. Drought in Central America and turmoil in the Middle...
MoreIL Corn Growers Association Monitoring Fertilizer Tariffs and 2024 Crop Budgets
Bloomington – Last week, the US Department of Commerce set a tax of 7.41% on imports of phosphate fertilizer from Morocco and Russia, which is a decrease from the previous rate of 19.97%. The...
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