CORN $1.8 billion DDGS $412 million (corn consumed by meat exports * annual avg corn price) In 2019, the market value of red meat exports to U.S. (DDGS consumed by meat exports * annual avg DDG price) In 2019 red meat exports added 12% of bushel value $0.46 $3.75 from red meat exports at an average of per bushel Without red meat exports, corn growers would have lost $6.3 billion in corn revenue in 2019 $23.1 Billion The projected market value of red meat exports to U.S. corn from 2020-2029 $4.5 Billion The projected market value of red meat exports to U.S. DDGS from 2020-2029 $4.5 Billion The projected market value of red meat exports to U.S. DDGS from 2020-2029 Feed Cut Out for Pork Feed Cut Out for Beef (U.S. corn producon * $0.46/bushel) Exporng Corn through U.S. Beef and Pork
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CORN$1.8 billion
DDGS$412 million
(corn consumed by meat exports * annual avg corn price)
In 2019, the market value of red meat exports to U.S.
(DDGS consumed by meat exports * annual avg DDG price)
In 2019 red meat exportsadded 12% of bushel value
$0.46
$3.75
from red meat exports
at an average of
per bushel
Without red meat exports, corn growers wouldhave lost $6.3 billion in corn revenue in 2019
$23.1BillionThe projected
market value of red meat exports to U.S. corn from
2020-2029
$4.5BillionThe projected
market value of red meat exports
to U.S. DDGS from 2020-2029
$4.5BillionThe projected
market value of red meat exports
to U.S. DDGS from 2020-2029
Feed Cut Out for Pork Feed Cut Out for Beef
(U.S. corn production * $0.46/bushel)
Exporting Corn through U.S. Beef and Pork
DDGS utilized by beef and pork exports in 2019 represented about
$0.04 per gallonin gross operating margin for ethanol mills
Rate of Growth in U.S. Corn Use2015-2019
Beef & Pork Exports
Direct Exports
Total Feed/Residual
Food, Seed, Industrial
28%9%6%2%
1 in 4 bushels of increased feed usewas exported through beef and pork
Beef and porkexports have been the
FASTEST GROWINGcategory of corn use
since 2015
The export premium directly impacts livestock �nishers’ capacity to cover feed costs. A positive exportpremium adds to the pro�tability of feeding, which helps both the feeder and the farmer.
2019 Market Price &Export Premium
Barrow/Gilt
$0
$80
Market w/ no Exports Export Premium
$29.24
$20
$40
$60
$100
$120
$USD per CWT
$18.71
Fed Steer
$140
$94.82$22.99
$53.51
26.9% of U.S. pork is exported
Top Pork Value Export Markets• Japan• China/Hong Kong• Mexico • Canada• Korea
Value per head of hogs slaughtered from
U.S. pork exports **2019 data
Top Beef Value Export Markets• Japan• Korea • Mexico• China/Hong Kong• Canada
• Taiwan
14.1% of U.S. beef is exported
$309.75Value per head of
fed cattle slaughtered from U.S. beef exports
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