New Study Shows Corn Farming is a Major Engine for U.S. Economy

The United States is the world’s largest producer and exporter of corn, and corn farmers are bolstering the U.S. economy and building strong communities, according to a new study released by the National Corn Growers Association (NCGA).

Corn grower leaders say they could make an even bigger contribution to the U.S. economy through increased sales of ethanol and the cultivation of new foreign markets.

The study, entitled The Economic Value of Corn Farming in the United States for 2024, noted the contribution of corn farming and its upstream linkages extended across 506 different industry sectors in all 50 states, generating an estimated $123 billion in total economic output in 2024.

The report also shows that corn farming supported over 440,000 jobs and provided $29 billion in wages, strengthening communities in rural America and across the entire nation.