Wednesday, October 9, 2024

Study notes corn exports add $74.7 billion to U.S. economy

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WASHINGTON — Exports of U.S. corn and corn products generated $74.7 billion in annual economic output in 2014, with sales of all U.S. feed grain products contributing $82 billion, according to a new analysis conducted by Informa Economics.

According to the analysis, the export of corn and corn products increased the U.S. gross domestic product (GDP) by $29.8 billion over what would have occurred without such exports. The number of full-time equivalent jobs linked directly or indirectly to corn exports totaled 332,787.

All feed grains examined — corn, corn products, sorghum and barley - increased the. . .

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