Recognizing the Importance of the Beef Cattle Industry to CornTue, 25 May 2021 12:54:17 CDT
May is National Beef Month, and there’s no better way to celebrate than to recognize our largest animal ag customer and throw a sirloin on the grill. One out of four bushels of added corn demand is due to beef and pork exports. With such demand, NCGA recognizes the value of industry partnership with the National Cattlemen’s Beef Association and the U.S. Meat Export Federation. NCGA has continued to be the sole sponsor of NCBA’s Cattlemen’s Education Series, a partnership that strives to bring the latest and greatest industry information to producers while highlighting the value that corn and corn products, such as DDGs, bring to beef rations.
“Not only do corn growers benefit from the beef cattle industry’s consumption of corn, but adding corn into the diet promotes faster growth, increases feed efficiency in the rate of daily gain and produces steaks with a higher marble score,” said Market Development Action Team Chair Bob Hemesath.
With more than 20 million beef cattle in the U.S., the beef industry consumes more than 1,250 million bushels of corn and provides $5.7 billion in value to the corn industry.
In 2018, the value of red meat exports to corn was $1.62 billion and contributed to 11% of bushel value. The projected value of red meat exports to corn from 2018 – 2021 is $19 billion, and $3.2 billion is the projected value of red meat exports to DDGS.
You can learn more about corn and beef and the animal ag industry here.
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