NCGA is focused on building market demand for America’s corn farmers in the near-term and long-term. There are several short-term incremental opportunities we are exploring that will translate into long-term wins.
The reality is corn farmers continue to produce more on less land. Since 2000, corn production is up 4.7 billion bushels, average yields have grown by nearly 40 bushels/acre, and corn yields have increased by 29 percent.
Despite the many uses of corn, on an annual basis, we consistently have plenty of corn left every year for food products, animal feed, fuel, and other uses.
In 2019, approximately 35 percent of corn was used for animal feed, 8 percent for Dried Distillers Grains with Solubles (DDGS), 26 percent for fuel ethanol, 11 percent for exports, and 9 percent for food and industrial, with 12 percent as surplus remaining. Here’s a snapshot of corn’s key customers.
Working in partnership with Aimpoint Research and corn’s key customers, NCGA is investigating and evaluating domestic and international opportunities for growth.
The process started in September with an intel assessment and level setting exercise and will move forward with crafting and developing a plan and solution sets with analysis and marketing plans by segment delivered by December.
Recovering and growing demand for ethanol, rebuilding demand by expanding export markets, and building markets for corn through new uses and animal agriculture end-users is NCGA’s priority for short-term and long-term growth.
You can view NCGA’s current efforts to drive demand, by reviewing our Mid-Year Annual Report here.