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.
*Data from 09/2020 - 09/2021
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You may be surprised to know that poultry and egg farms are the largest user of corn within the “animal feed” sector at 33 percent, followed by beef and pork. In total, the animal feed industry...More
Original article via US Grains Council Based on figures provided Thursday by the U.S. Department of Agriculture (USDA) and analyzed by the U.S. Grains Council (USGC), the United States exported...More
Canada - the host of the just-concluded third round of talks on the North American Free Trade Agreement (NAFTA) - is a top trading partner for U.S. feed grains and co-products like ethanol and...More