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Free attendance code for virtual Commodity Classic available from ISA and ICMC

INDIANAPOLIS, Ind. (Feb. 22, 2021) — The 2021 Commodity Classic is set to take place March 2-5 virtually with more than 50 educational sessions delivered directly to your farm. Topics will include soil health, grain marketing, pest management and more.

Registration to participate in this online event is open, and the fee is waived for the first 5,000 farmers thanks to the generous support of sponsors. All other registrants and farmers after the first 5,000 will be charged $20.  Indiana Soybean Alliance and Indiana Corn Marketing Council are offering a free code to any Indiana corn and soybean farmer who visits www.indianasoybean.com/classic and fills out the online form.

“The Commodity Classic, like many other events around the country, has been affected by COVID-19 restrictions,” said ICMC President Joshua Miller, a farmer from Anderson, Ind. “However, we’ve hosted many fun and informative events online in the past year, and I’m sure the Commodity Classic will be well worth your time. I urge you to take advantage of the deals to participate in this event.”

The registration covers all online sessions and events as well as access to all archived sessions through April 30. To receive a code for a free registration, visit www.indianasoybean.com/classic. For more about the Classic and to register online, visit commodityclassic.com.

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About Indiana Soybean Alliance: The Indiana Soybean Alliance works to enhance the viability of Indiana soybean farmers through the effective and efficient investment of soybean checkoff funds that protect and promote the interest of Indiana soybean farmers. The ISA works to assist soybean farmers through its strategic initiatives of market development; environmental, social and economic sustainability; value creation and producer engagement. ISA is led by an elected, farmer board that directs investments of the soybean checkoff funds on behalf of more than 20,000 Indiana soybean farmers. Learn more at www.indianasoybean.com

About Indiana Corn Marketing Council: The Indiana Corn Marketing Council was established by the Indiana General Assembly to promote the interests of corn growers in the state and to manage corn checkoff funds. The Council is composed of 17 voting directors who guide investments of corn checkoff funds on behalf of more than 20,000 Indiana corn farmers. The ICMC works to assist corn farmers through its strategic initiatives of market development; environmental, social and economic sustainability; value creation and producer engagement. Learn more at www.incorn.org

This communication was funded with Indiana corn and soybean checkoff dollars.

Posted: February 22, 2021

Category: ICMC, ICMC Press Releases, ISA, ISA Press Releases, Press Releases

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By Emma Dostal  The U.S. Grains and BioProducts Council (USGBC) organized the final global agricultural trade system (GATS) data from USDA for the 2024/2025 marketing year (MY) to show overall exports of U.S. grains in all forms (GIAF).   Overall, U.S. GIAF exports for MY 24/25 totaled roughly 120.9 million metric tons (MMT), an 11.5 percent increase from the previous year. Mexico, Japan and Colombia were the largest GIAF markets.  Corn exports increased by 26.8 percent in MY 24/25 with a total of 72.5 MMT sold and valued at almost $16.4 billion. This was an increase of 13.3 MMT and a value increase of $3.3 billion compared to the previous marketing year. Mexico, Japan and Colombia were the top three U.S. corn importers.  Mexico experienced its best year on record for U.S. corn exports, purchasing more than 25.5 MMT (1 billion bushels), making it the largest market for U.S. corn. Mexican corn purchases equated to 35 percent of all U.S. corn exported in MY 24/25 valued at about $5.75 billion.  Japan was the second largest market for U.S. corn, purchasing 13.3 MMT (524 million bushels) in 24/25, worth more than $3 billion.  U.S. corn exports to Colombia increased by 22 percent from MY 23/24 to MY 24/25. The South American country purchased 7.6 MMT (300 million bushels) valued at more than $1.7 billion.  U.S. ethanol exports set a record with 2.1 billion gallons exported valued at $4.6 billion. This was an increase of 23.3 percent, a volume increase of 402.4 million gallons and a value increase of $525.6 million from the previous marketing year.  Canada remained the top market for U.S. ethanol, purchasing more than 35.5 percent of all U.S. ethanol exports. This marketing year, U.S. ethanol exports to Canada increased by 16.8 percent to more than 757 million gallons. Exports to Canada were valued at more than $1.6 billion.  The European Union (EU) and United Kingdom (U.K.) were the second and third largest markets for U.S. ethanol respectively. The EU increased the amount of U.S. ethanol purchased by 132 percent from MY 23/24 to MY 24/25, ringing in at 317.5 million gallons.  A total of 11.7 MMT of DDGS was sold and valued at $2.8 billion. Mexico, South Korea and Vietnam were the three largest markets for U.S. DDGS. Mexico represents 20 percent of all U.S. DDGS exports.  The Council will continue working around the world to promote the quality, reliability and value of U.S. coarse grain products, co-products and ethanol.  To help support the growth in global exports for U.S. corn, in MY 25/26, Indiana Corn Marketing Council selected seven USGBC programs to support including scaling of E10 adoption nationwide in Vietnam; upgrading Moroccan poultry distribution systems; developing the Korean ethanol programming roadmap; helping undertake bioethanol promotion at the Seoul Mobility Show; supporting Latin American aquaculture programming; increasing exports of U.S. ethanol and corn to Colombia and backing ethanol insights programming in Latin America.  This support makes it possible for USGBC to continue its mission of developing markets, enabling trade and improving lives for U.S. corn, ethanol and DDGS markets. ...
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