Building Profitability for Illinois Corn Farmers: A Strategic Focus

December 12, 2024

Profitability is the top priority for Illinois corn farmers, and the Illinois Corn Marketing Board (ICMB) is focused on ensuring every corn checkoff dollar works toward achieving that goal. Here’s how we’re addressing this critical need: 


Building Demand through Corn Exports

Corn exports remain a vital driver of demand. ICMB invests in partnerships with organizations like the U.S. Grains Council (USGC), U.S. Meat Export Federation, and USA Poultry & Egg Export Council to expand international markets for corn. 

Some significant recent wins? Mexico set a new record by importing 23.4 million metric tons of U.S. corn. A regulatory change long advocated for by U.S. farmers and USGC has also allowed the U.S. full access to the Japanese fuel market which more than doubles U.S. ethanol imports by Japan, the second-largest market. Illinois leadership plays a key role in this success, with Mark Wilson from Toulon serving as USGC Vice Chair and Jim Reed from DeLand on the USGC Board of Directors. These leaders help ensure Illinois remains at the forefront of corn export growth. 

 

Exploring New Uses of Corn and Corn Co-Products

Innovation is key to securing long-term profitability. ICMB is helping startups explore new uses for corn, such as renewable chemicals that could replace petroleum in paints and adhesives. 

While these initiatives represent a long-term strategy, the potential impact is enormous. The winners of the Radicle Challenge alone could utilize nearly 2 billion bushels of corn annually—equivalent to Nebraska’s entire corn production. 


Growing the Ethanol Industry and Ethanol Usage

Ethanol remains a cornerstone of corn demand. While policy challenges make domestic growth more difficult, ICMB continues to build ethanol fuel infrastructure and support ethanol exports. 

The SAF market is especially promising, and Illinois is well-positioned to lead. ICMB is ensuring infrastructure will be ready to fuel this growing market as policies evolve. 


Consumer Education and Farmer Relevancy

To ensure Illinois farmers’ voices are heard, ICMB prioritizes initiatives that build connections with decision-makers and consumers. 

Programs like the Congressional Staff Tour bring D.C. policymakers to Illinois farms, fostering meaningful conversations. Broader awareness campaigns, such as Illinois Farm Families and public events like the White Sox 5K, highlight the critical role corn plays in addressing global challenges. 


The Road Ahead

By focusing on exports, innovation, ethanol, and education, ICMB is driving demand and reinforcing the profitability of Illinois corn farmers. Every initiative works toward a single goal: ensuring a thriving future for Illinois agriculture. 

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