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.
ILLINOIS FARMERS NEED USMCA
Ratification of the U.S. Mexico Canada Agreement is one of the Illinois Corn Grower Association’s top legislative priorities for 2019. Current expectation is for Congress to vote on the bill this...
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ETHANOL EXPORT NUMBERS
U.S. ethanol exports totaled 127.9 million gallons (mg) in January, according to government data analyzed by the Renewable Fuels Association (RFA). This reflects an 8.5% decline from December...
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