NCGA USMEF Study Highlights the Value to Corn Producers through Red Meat Exports

(Posted Thu. Feb 21st, 2019)

Keywords: exports animal agriculture livestock

The National Corn Growers Association (NCGA) partnered with the U.S. Meat Export Federation to update a study on the value of red meat exports to domestic U.S. corn growers. The original study was conducted in 2015. In 2018, the study showed beef and pork exports used a combined total of 14.9 million tons of corn and DDGS, which equates to an additional 459.7 million bushels of corn produced – an increase of 29 percent over the 2015 projections.   Other highlights from the updated study:   Since 2015, one in every four bushels of added feed demand for corn is due to beef and pork exports. About 11 percent of the price of corn this year will be derived from red meat exports. Red meat exports’ impact on corn price is 39 cents per bushel (based on the annual average price of $3.53 per bushel). There would be a loss of $5.7 billion in corn value without red meat exports.   “It’s important to continue to foster these types of relationships to continue to grow demand for red...

(Posted Mon. Apr 7th, 2014)

Keywords: Exports

The U.S. Grains Council, of which the National Corn Growers Association is a founding member, has released the 2013/2014 Corn Export Cargo Quality Report.   The Export Quality Report measures the quality of U.S. corn sampled at the point of loading for export, thus providing valuable information to buyers and other stakeholders around the world.   "There is always some variability year-to-year and by region," Sleight said. "This year, overall quality continues to be very good, with the average aggregate quality of export corn exceeding standards for U.S. No. 2 on all grading standards. In addition, the incidence of aflatoxin and DON (the vomatoxin deoxynivalenol) is very low.   "On the other hand, 2013 was a much wetter year, and the U.S. harvest had greater moisture, more drying, lower test weight, more stress cracks and more broken kernels. But the average is strong and, despite year-to-year fluctuations, remained well above U.S. No. 2."   Now in its third year, the report...

(Posted Tue. Apr 1st, 2014)

Keywords: Exports

During the last week, the officers of the U.S. Grains Council and National Corn Growers Association traveled to Colombia and Mexico and met with key customers and end-users, expressing appreciation for their business and reaffirming commitment to the export market. In both countries, customers anxious and excited to do business with the United States greeted the delegation.   For this marketing year, Mexico leads the world as the top U.S. corn export customer with accumulated exports of more than 216 million bushels from Sept. 1, 2013, to March 20, 2014, an increase of 253 percent over the same time period last year. Colombia is making a comeback as a regular buyer of U.S. corn, with accumulated exports totaling more than 59 million bushels from Sept. 1, 2013, to March 20, 2014.   NCGA President Martin Barbre commented that, "the simple comeback of the Colombian market after the free trade agreement is a true success story for both the Council and NCGA and highlights the fact...