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New Study Ranks Illinois as #1 in Total Economic Output in the U.S.

Corn farming is one of the largest sectors in American agriculture. The nation’s corn farmers bolster the economy and help build strong communities. There are firms in 524 industry sectors across all 50 states and the District of Columbia with linkages to corn grain farming.

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In 2023, Illinois farmers produced 2.27 billion bushels of corn, slightly up from the previous year, with an average yield of 206 bushels per acre. While Illinois ranks number two in corn production, it is number one in total economic output contribution due to corn farming, along with its upstream supply chain and household linkages.

Why is Being #1 in Economic Output So Important?

Being number one in economic output means:

  • More jobs
  • A stronger economy
  • Global influence
  • Technological advancements
  • Thriving communities
  • Better environmental practices

Just like a winning team brings pride and benefits to its supporters, Illinois’s success in corn farming brings significant advantages to the state and its residents.

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.