North Dakota Corn Utilization Council

14 Dec

US Meat Export Federation Update

2020-12-14T13:34:09-06:00December 14th, 2020|General Information, News Releases, North Dakota Corn Utilization Council|

By Ralph Loos, U.S. Meat Export Federation Director of Communications

As the world adjusts to COVID-19, the U.S. Meat Export Federation (USMEF) is finding new ways to create demand for U.S. beef, pork and lamb. Adapting its programs to reach importers and consumers in new ways – virtual trainings, online seminars and social media promotions are some examples – USMEF sees recent rebounds in red meat exports as a sign its innovative work is paying off.

Soon, a challenging 2020 will give way to 2021 – and USMEF expects the upward trend to continue into the new year

Why does it matter to corn producers in North Dakota and around the U.S.?

Red meat exports added 12 percent of bushel value to the U.S. corn farmer in 2019, according to a study on the market value of red meat exports that was updated this summer.

At an average of $3.75 per bushel of corn, $0.46 is from red meat exports. The study indicated that without red meat exports, corn growers would have lost $6.4 billion in corn revenue in 2019.

In 2019, U.S. beef and pork exports used 480 million bushels of corn. Corn revenue generated by pork exports totaled $1.8 billion (480 million bushels x average annual price of $3.75/bushel).

The projected market value of red meat exports to U.S. corn from 2020-2029 is $23.1 billion.

“The value of red meat exports to corn is higher than the previous year, both in cents per bushel and percentage of total price,” explained Dave Juday, senior analyst for World Perspectives, Inc., who conducted the original study five years ago and subsequent annual updates.

USMEF President and CEO Dan Halstrom said quantifying the value delivered by beef and pork exports is reassuring to corn producers, who provide critical support for USMEF’s efforts to expand global demand for U.S. red meat.

“These are challenging times for everyone in U.S. agriculture, with producers facing difficult choices every day,” Halstrom said. “USMEF greatly appreciates the foresight and confidence shown by the corn and soybean sectors when they invest in red meat exports, and this study provides a detailed analysis of the value delivered by that investment.”

Red Meat Exports Begin Returning to Normal Levels

The first half of 2020 was far from normal in the international market, but exports of U.S. beef rebounded at the midway point to show signs of growing demand. U.S. pork exports, which are on a record pace in 2020, were also down from a year ago in July but increased compared to previous months.

“When combined with the rebound in other main markets, growth in emerging markets and the return of the U.S. supply advantage, USMEF remains optimistic about a strong finish for U.S. red meat exports in 2020, despite many challenges related to COVID-19,” said Halstrom.

Since its March implementation, the U.S.-China Phase One Economic and Trade Agreement has sparked growth in China’s demand for U.S. beef. Through July, exports were 95% above last year’s pace in volume (9,262 metric tons) and 82% higher in value ($68.9 million).

“Although there is still a long recovery ahead, the foodservice sectors in Taiwan, Hong Kong and China have rebounded more quickly than most other regions,” Halstrom said. “Phase One has also helped spark importer interest in the Chinese market, where U.S. beef is really just beginning to gain traction. There is unmet demand for high-quality, grain-fed beef in China, especially with Australian supplies tightening, and buyers are anxious to secure U.S. beef.”

U.S. beef continues to recapture market share in Japan, climbing from 41% last year to 43% in 2020 – surpassing Australia as the top supplier. U.S. prices for July exports were sharply higher than last year, especially for variety meats and chilled cuts, suggesting that while it takes time to adjust to earlier supply interruptions, continued normalization in prices will help exports regain momentum.

As for U.S. pork, China’s numbers continue to grow. Through July, exports to the region were 131% above last year’s pace at 676,009 mt, with value up 171% to $1.57 billion.

Through July, exports to the Philippines pulled even with last year in volume (21,735 mt) and were 8% higher in value ($54.3 million).

 

3 Dec

2020 NDCUC Annual Report

2020-12-03T12:39:01-06:00December 3rd, 2020|North Dakota Corn Utilization Council|

The North Dakota Corn Utilization Council publishes an annual report and year in review at the end of each fiscal year. To receive a free copy of a report, or to sign up for future free publications from the North Dakota Corn Utilization Council please send a note to  or call 701-566-9322.

View the 2020 Annual Report online below. (more…)

19 Nov

Northern Corn and Soybean Expo to be Virtual in 2021

2020-12-07T11:54:50-06:00November 19th, 2020|News Releases, North Dakota Corn Growers Association, North Dakota Corn Utilization Council|

After careful consideration and discussion among their respective boards, the North Dakota Corn Utilization Council (NDCUC), the North Dakota Corn Growers Association (NDCGA), the North Dakota Soybean Council (NDSC), and the North Dakota Soybean Growers Association (NDSGA) have announced that their fourth annual Northern Corn and Soybean Expo will transition to a virtual format in 2021 due to COVID-19 gathering restrictions.

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16 Nov

NDCUC Supports Corn Exports Through U.S. Poultry and Egg Industry

2020-11-16T15:23:41-06:00November 16th, 2020|North Dakota Corn Utilization Council|

NDCUC Supports Corn Exports Through U.S. Poultry and Egg Industry

Did you know that the U.S. poultry and egg industry is one of the largest users of U.S. corn, accounting for 12.2% of all the corn produced in the U.S? The U.S. poultry and egg industry consumes about 2.15 billion bushels of corn annually and used an average share of 13% of the U.S. total corn supply for the past three years.

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2 Nov

Get To Know Your Council Members:

2020-11-02T15:08:20-06:00November 2nd, 2020|North Dakota Corn Utilization Council|

Get To Know Your Council Members:

District 7 – Robert Ferebee

North Dakota is divided into seven districts.  These districts elect a member to serve producers on the North Dakota Corn Utilization Council. Robert Ferebee of Halliday, ND represents those producers in District 7. District 7 is comprised of McKenzie, Dunn, Golden Valley, Billings, Stark, Slope, Hettinger, Bowman, Adams, McLean, Mercer, Pliver, Morton, Grant, Sioux, Sheridan, Burleigh, Emmons, Logan, McIntosh, Wells and Kidder Counties.

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21 Sep

Pink at the Pump® Campaign Raises Awareness for Breast Cancer

2020-09-21T12:00:34-05:00September 21st, 2020|General Information, North Dakota Corn Utilization Council|

 

North Dakota retailers are pretty in pink this October. Eighteen Unleaded88 fuel retailers across the state are participating in the third annual Pink at the Pump® campaign to raise funds for breast cancer awareness while increasing consumer awareness about Unleaded88 – a higher octane fuel containing 15 percent ethanol and 85 percent gasoline. Participating retailers will donate three cents of every gallon of Unleaded88 sold from Oct. 1-31 to North Dakota Women’s Way.

“North Dakota’s corn growers are proud to be a partner in this effort,” says Terry Wehlander, North Dakota Corn Utilization Council chairman. “Ethanol is the world’s cleanest source of fuel octane. By choosing Unleaded88 during October, consumers are fighting breast cancer at the pump while supporting North Dakota’s corn farmers.”

Unleaded88 is a fuel blend containing 15 percent ethanol, just five percent more ethanol than E10, the most commonly used fuel in the U.S. Unleaded88 is often sold at a 5- to 10-cent per-gallon discount to E10 and is approved by the Environmental Protection Agency for use in all 2001 and newer vehicles.

Map of Participating Retailers
19 Aug

North Dakota farmers and ranchers remain resilient while navigating through COVID-19 Challenges

2020-08-19T16:27:29-05:00August 19th, 2020|General Information, News Releases, North Dakota Corn Utilization Council|

By Amber Boeshans, North Dakota Livestock Alliance Executive Director

As the entire world continues to adjust to the COVID-19 challenges and pending post-pandemic reality, North Dakota’s agricultural producers and processors are feeling the pressure.

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19 Aug

The Impacts of COVID-19 on US Ethanol

2020-08-19T16:08:18-05:00August 19th, 2020|General Information, News Releases, North Dakota Corn Utilization Council|

By David Ripplinger, North Dakota State University Department of Agribusiness and Applied Economics

Like many parts of the economy, the spread COVID-19 has had a devastating impact on the US corn ethanol industry.  Stay-at-home orders issued beginning in mid-March had an immediate impact on passenger travel and fuel use.  In response, ethanol production was quickly curtailed dramatically reducing corn use and price.

(more…)

4 Aug

The Impacts of COVID-19 on US Ethanol

2020-08-04T11:37:26-05:00August 4th, 2020|General Information, News Releases, North Dakota Corn Utilization Council|

By David Ripplinger, North Dakota State University Department of Agribusiness and Applied Economics

Like many parts of the economy, the spread COVID-19 has had a devastating impact on the US corn ethanol industry.  Stay-at-home orders issued beginning in mid-March had an immediate impact on passenger travel and fuel use.  In response, ethanol production was quickly curtailed dramatically reducing corn use and price.

(more…)

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