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
NAFTA OR NO NAFTA
U.S. Trade Representative Robert Lighthizer cast doubt on the prospects of the U.S. and Mexico reaching a deal with Canada on NAFTA by Sunday, September 30th. At the Concordia Summit in New York,...More
THE IMPACTS OF STEEL AND ALUMINUM TARIFFS IN ONE GRAPHIC
Following President Trump’s March 1, 2018 announcement of U.S. steel and aluminum tariffs, many countries have instituted retaliatory tariffs on U.S. goods. Canada and Mexico, especially large...More
SOUTH KOREA CONSIDERS ETHANOL’S MANY BENEFITS
IL Corn was excited to host a trade team to South Korea in Chicago earlier this month! There is so much opportunity to grow ethanol usage in Korea and the minimize environmental and water quality...More
RUNDOWN ON TRADE AID PACKAGE DETAILS
The so-called trade aid package, formally known as the Market Facilitation Program, kicked off on September 4. Here are some details you might find useful, should you decide to participate in the...More
MARKET FACILITATION PROGRAM BEGINS TODAY
The Market Facilitation Program that will provide direct payments to help corn, cotton, sorghum, soybean, wheat, dairy and hog farmers who have been directly impacted by illegal retaliatory...More