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
ONE IN FOUR BUSHELS ADDED CORN DEMAND DUE TO RED MEAT EXPORTS
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US GRAINS COUNCIL AND IL CORN WORK TOGETHER TO PROMOTE GLOBAL CORN EXPORTS
The U.S. Grains Council (USGC) is the IL Corn partner that works to promote corn and corn co-product sales around the world. To do this, USGC takes funding from IL Corn and its many other...More
GRAINS COUNCIL AND MEAT EXPORT FEDERATION RECEIVE MARKET DEVELOPMENT GRANTS
The Trump Administration’s trade aid package included not just direct payments to farmers of certain commodities impacted by the ongoing trade disruptions, but also monies to develop foreign...More