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
REFLECTIONS ON 2018: TRADE POLICY WHIRLWIND BRINGS NEW ERA IN GRAINS MARKET DEVELOPMENT
ORIGINALLY PUBLISHED BY TOM SLEIGHT, US GRAINS COUNCIL PRESIDENT AND CEO Every other week, much of the U.S. Grains Council’s global staff gathers on a conference call. The 7 a.m. meeting in...
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CHECKOFF DOLLARS AND USMEF ADDING VALUE TO U.S. CORN
The Illinois Corn Marketing Board is a proud funder of the U.S. Meat Export Federation – because corn farmers understand the value of their livestock farmer peers and the need to move meat...
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WASHINGTON HAPPENINGS RELATED TO TRADE
Our IL Corn membership survey told us that trade and export issues are on the top of your mind. That’s not surprising to us, given that over half the Illinois corn crop leaves the state bound for...
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