WORLDOF CORN2015

America’s corn farmers worked tirelessly in 2014 to grow a record

crop. The unparalleled abundance has positive implications for every

American. From a driver filling up a car to a shopper buying wholesome,

nutritious food for a family, the incredible innovation in American

agriculture improves lives across the country. Corn, a uniquely

American crop, plays an important role in furthering our country’s

success. As you turn these pages, you too can find out more about

how the World of Corn can improve your life in countless ways.

A Letter from NCGA

Chris NovakCEO

Chip BowlingPresident

U.S. Select Crop Value ($ billion)

Data Source: USDA, WASDE, Jan. 12, 2015 *estimate **projections

2014**

2013*

Corn

Soybeans

Wheat

Sorghum

Barley

Oats

$61.68 $51.89

$43.65 $40.48

$14.67 $12.36

$1.68 $1.64

$1.32 $0.93

$0.24 $0.23

U.S. All Crop Acres Harvested, 2013-2014 (1,000 hectare)

2013 2014

Corn (grain) 35,405 33,658

Corn (silage) 2,543 2,579

Soybeans 30,872 33,628

Hay 23,440 23,114

Wheat 18,353 18,778

Cotton 3,054 3,930

Sorghum (grain) 2,666 2,591

Sorghum (silage) 154 128

Rice 1,000 1,182

Barley 1,231 989

Dry Edible Beans 533 674

Canola 512 630

Sunflower 593 610

Peanuts 422 536

Sugar Beets 467 464

Potatoes 425 425

World of Corn

2013 2014

Oats 409 417

Dry Edible Peas 323 364

Sugar Cane 369 354

Proso Millet 258 174

Tobacco 144 153

Flaxseed 70 122

Lentils 140 105

Rye 113 104

Safflower 69 69

Sweet Potatoes 46 55

Peppermint 28 26

Hops 14 15

Mustard Seed 18 13

Other 20 21

Total 123,690 125,909

Source: USDA, NASS, Crop Production 2014 Summary, Jan. 12, 2015

U.S. Corn Production

2014 U.S. Corn Production by StateHectares Planted (1,000s)

Hectares Harvested

(1,000s)

Average Yield

(MT/Ha)

Total Production (1,000 MT)

AL 121 115 10.0 1,151AR 219 215 11.7 2,518AZ 30 11 13.2 149CA 211 38 10.4 398CO 466 409 9.2 3,746CT 11 0 0 0DE 71 68 12.5 853FL 30 16 8.5 137GA 142 126 10.7 1,339IA 5,547 5,385 11.2 60,135ID 130 32 12.5 406IL 4,818 4,757 12.5 59,693IN 2,389 2,336 11.8 27,554KS 1,640 1,538 9.3 14,382KY 615 579 9.9 5,739LA 162 158 11.5 1,813MA 6 0 0 0MD 202 174 11.0 1,911ME 13 0 0 0MI 1,032 895 10.1 9,038MN 3,320 3,057 9.8 29,918MO 1,417 1,368 11.7 15,969MS 206 196 11.6 2,279MT 53 30 6.3 191NC 340 316 8.3 2,615

Hectares Planted (1,000s)

Hectares Harvested

(1,000s)

Average Yield

(MT/Ha)

Total Production (1,000 MT)

ND 1,134 1,024 7.8 7,969NE 3,765 3,623 11.2 40,694NH 6 0 0 0NJ 34 32 9.9 315NM 51 19 12.2 238NV 2 0 0 0NY 462 275 9.3 2,556OH 1,498 1,405 11.0 15,513OK 130 117 9.2 1,083OR 32 16 11.9 188PA 591 417 9.7 4,029RI 1 0 0 0SC 119 113 7.3 832SD 2,348 2,154 9.3 20,000TN 372 340 10.5 3,585TX 911 806 9.3 7,481UT 30 11 10.0 114VA 202 142 9.1 1,289VT 37 0 0 0WA 87 45 13.5 601WI 1,619 1,259 9.8 12,324WV 21 15 9.3 136WY 36 24 8.7 210U.S. 36,679 33,658 10.7 361,095

Source: USDA, ERS Feed Outlook, Jan. 15, 2015 *Crop Year Ending Aug. 31, 2015

U.S. Corn Ending Stocks, 1934-2014 (MMT)

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

2

8

26 29

9

35

40

54

50

33

41 42 43

29

25

21

31

48

Source: USDA, NASS, Crop Production 2014 Summary, Jan. 12, 2015

Historical Corn Performance, 1934-2014

U.S. Corn Acres Harvested, 1934-2014 (1,000 hectare)

Source: USDA, NASS, Crop Production 2014 Summary, Jan. 12, 2015

‘14‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

24,

796 3

4,41

4

27,

801

22,

417

26,

480

29,

108

29,

358

29,

810

30,

412

28,

598 35,

028

31,

810

32,

182

32,

974

34,

004

35,

370

35,

405

33,

658

‘14‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

24,

796 3

4,41

4

27,

801

22,

417

26,

480

29,

108

29,

358

29,

810

30,

412

28,

598 35,

028

31,

810

32,

182

32,

974

34,

004

35,

370

35,

405

33,

658

‘14‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

1.2

2.1

2.5

3.9

4.5

6.7

8.7

10.

1

9.3

9.4

9.5

9.7

10.

3

9.6

9.2

7.7

9.9

10.

7

‘14‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

1.2

2.1

2.5

3.9

4.5

6.7

8.7

10.

1

9.3

9.4

9.5

9.7

10.

3

9.6

9.2

7.7

9.9

10.

7 U.S. Average Corn Yield, 1934-2014 (MT/Ha)

Source: USDA, NASS, Crop Production 2014 Summary, Jan. 12, 2015

U.S. Corn Acres Planted, 1934-2014 (1,000 hectare)

Source: USDA, NASS, Crop Production 2014 Summary, Jan. 12, 2015 ‘14‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

40,

714

38,

654

33,

273

26,

649

31,

553

32,

598

31,

952

32,

765

33,

109

31,

711

37,

865

34,

811

34,

972

35,

705

37,

221

39,

334

38,

609

36,

679

‘14‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

40,

714

38,

654

33,

273

26,

649

31,

553

32,

598

31,

952

32,

765

33,

109

31,

711

37,

865

34,

811

34,

972

35,

705

37,

221

39,

334

38,

609

36,

679

‘14**‘13*‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

$31

.57

$40

.55

$56

.30

$46

.06 $

118.

89

$10

3.54

$88

.97

$81

.10

$78

.74

$11

9.68

$16

5.35

$15

9.83

$13

9.76

$20

3.93

$24

4.87

$27

1.24

$17

5.58

$14

3.69

‘14**‘13*‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

$31

.57

$40

.55

$56

.30

$46

.06 $

118.

89

$10

3.54

$88

.97

$81

.10

$78

.74

$11

9.68

$16

5.35

$15

9.83

$13

9.76

$20

3.93

$24

4.87

$27

1.24

$17

5.58

$14

3.69

U.S. Corn Prices, 1934-2014 ($/MT)

Source: USDA, WAOB, WASDE, Jan. 12, 2015 *estimated **projected for crop year Sept. 2014 – Aug. 2015

Source: USDA, WASDE, Jan. 12, 2015 * estimate **projections

‘14**‘13*‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

$0.

92

$2.

89

$3.

87

$4.

08

$14

.20

$20

.18

$22

.71

$24

.38

$22

.20

$32

.09

$54

.76

$49

.09

$46

.48 $

64.4

8

$76

.88

$74

.10

$61

.68

$51

.89

U.S. Corn Crop Value, 1934-2014 ($ billion)

Source: USDA, NASS, Crop Production 2014 Summary, Jan. 12, 2015‘14‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

29,

129

71,

165

68,

785

88,

505

119

,422

194

,883

255

,298

299

,879

282

,265

267

,506

331

,181

307

,145

332

,552

316

,168

313

,952

273

,195

353

,054

361

,095

‘14‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘94‘84‘74‘64‘54‘44‘34

29,

129

71,

165

68,

785

88,

505

119

,422

194

,883

255

,298

299

,879

282

,265

267

,506

331

,181

307

,145

332

,552

316

,168

313

,952

273

,195

353

,054

361

,095

U.S. Corn Production, 1934-2014 (1,000 MT)

Global Corn Production

U.S. 44.5(38.8%)

Brazil 22(19.2%)

Argentina 12(10.5%)

Ukraine 16.5(14.4%)

Russia 3 (2.6%)

Serbia 2.5 (2.2%)South Africa 2.5 (2.2%)

India 2.5 (2.2%)EU-27 2.5 (2.2%)

Burma 0.6 (0.5%)Paraguay 1.9 (1.7%)

Other 4.3 (3.7%)

Exporting Nations

Importing Nations

Total Exports/Imports114.8

Japan 15.4(13.4%)

Mexico 10.9(9.5%)

South Korea9.6 (8.4%)

Egypt 7.5(6.5%)

EU-277.0

(6.1%)

Iran 5.5 (4.8%)Taiwan 4.2 (3.7%)

Colombia 4.2 (3.7%) Algeria 3.4 (3.0%)Malaysia 3.4 (3.0%)U.S. 0.7 (0.6%)

Other 43.0(37.5%)

World Corn Exports/Imports, 2014-2015*

(MMT)

Source: USDA, FAS Grain: World Markets and Trade, Jan. 12, 2015*Marketing Year Oct. 1, 2014 – Sept. 30, 2015

World Corn Production, 2014-2015*

(MMT)World Corn Consumption, 2014-2015*

(MMT)

Source: USDA, FAS Grain: World Markets and Trade, Jan. 12, 2015*Marketing Year Oct. 1, 2014 – Sept. 30, 2015

Source: USDA, FAS Grain: World Markets and Trade, Jan. 12, 2015*Marketing Year Oct. 1, 2014 – Sept. 30, 2015

U.S.11,700

EU-2774

China215.5

Other143

Brazil75

Argentina22

Russia12Mexico

23

U.S.361.1

Ukraine27 India

22

South Africa13.5

World Total988.1

EU-2777.5

China216

Other213.4

Brazil56.5

Japan15.4

Canada12.4

Mexico33.3

U.S.300.9

Indonesia12India

20Egypt13.8

World Total971.2

U.S. Corn Exports/Leading Markets, 2011-2014 (MMT)

2011-12 2012-13 2013-14

Japan 11.5 6.9 11.8

Mexico 10.2 4.6 10.5

South Korea 3.6 0.5 5.0

Colombia 0.3 0.2 3.5

China 5.1 2.4 2.7

Taiwan 1.6 0.5 1.8

2011-12 2012-13 2013-14

EU-27 – 0.0 1.3

Venezuela 1.3 1.1 1.1

Saudi Arabia 0.4 0.3 1.0

Guatemala 0.6 0.2 0.8

Other 4.7 1.9 9.3

Total 39.2 18.5 48.7

Source: USDA, ERS Feed Outlook, Jan. 14, 2015

U.S. Corn Exports, 1994-2014 (MMT)

‘14**‘13*‘12‘11‘10‘09‘08‘07‘06‘05‘04‘03‘02‘01‘00‘99‘98‘97‘96‘95‘94

55 57

46

38

50 49 49 48

40

48 46

54 54

62

47 50 47

39

19

49

44

Source: USDA, WAOB, WASDE, Jan. 12, 2015 *estimate **projections

Corn Consumption Overview

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘99‘94‘89‘84

27 35 44 49

69 77

90

113 12

8 151 16

3

163

153 16

5

167

Food/Seed/Industrial Usage, 1984-2014 (MMT)

Source: USDA, ERS Feed Outlook, Jan. 15, 2015 *Crop Year Ending Aug. 31, 2015

Corn Processed by Segment, 1994-2014 (MMT)

Source: USDA, ERS Feed Outlook *projection

Carry-Out

0

25

50

75

100

125

150

175

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘03‘02‘01‘00‘99‘98‘97‘96‘95‘94

Feed/Residual FSI

Exports

Corn Usage by Segment, 2014 (MMT)

Total Usage 345 MMT• = 1 MMT

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

• • • • • • • • • • • • • • • • • • • • • • • • • •

Feed/Residual134 MMT (38.8%)

Exports44 MMT(12.9%)

DDGs26 MMT (7.6%)

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Sweeteners7 MMT (2.1%)

High-Fructose Corn Syrup12 MMT (3.6%)

FuelEthanol105 MMT(30.5%)

Starch 6 MMT (1.8%)

Beverage/Alcohol4 MMT (1.0%)

Seed1 MMT (0.2%)

FSI167 MMT

Cereal/Other5 MMT (1.5%)

Source: USDA, ERS Feed Outlook, Jan. 14, 2015; ProExporter NetworkCrop Year Ending Aug. 31, 2015

Corn Consumption Food & Feed

Starch Usage, 1984-2014 (MMT)

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘99‘94‘89‘84

4

6 6 6

7 7 7 7

6 6

7

6 6 6 6

Source: USDA, ERS Feed Outlook, Jan. 15, 2015, *Crop Year Ending Aug. 31, 2015

High-Fructose Corn Syrup Usage, 1984-2014 (MMT)

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘99‘94‘89‘84

8 9

12

14 13 14 14 13 12 13 13 13 12 12 12

Source: USDA, ERS Feed Outlook, Jan. 15, 2015 *Crop Year Ending Aug. 31, 2015

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘99‘94‘89‘84

2

3 3 3 3 3 3 3 3 3 3 3

4 4 4

Beverages and Manufacturing Alcohol, 1984-2014 (MMT)

Source: USDA, ERS Feed Outlook, Jan. 15, 2015 *Crop Year Ending Aug. 31, 2015

Sweetener Usage, 1984-2014 (MMT)

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘99‘94‘89‘84

4

5

6 6 6 6

7 7

6

7 7

8

7

8

7

Source: USDA, ERS Feed Outlook, Jan. 15, 2015 *Crop Year Ending Aug. 31, 2015

Cereal and Food, 1984-2014 (MMT)

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘99‘94‘89‘84

2

3

4

5 5 5 5 5 5 5 5 5 5 5 5

Source: USDA, ERS Feed Outlook, Jan. 15, 2015 *Crop Year Ending Aug. 31, 2015

Source: ProExporter Network *projections

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04

8 9

14

23 23

28

31 30

27 26 26

Corn Displaced by DDG/CGF in Domestic Livestock Rations, 2004-2014 (MMT)

U.S. Corn Fed by Region2004-2014 (MMT)

Source: ProExporter Network, Crop Year Ending Aug. 31, 2015 * projections

0

30

60

90

120

150

Non-Cornbelt

Cornbelt

'14*'13'12'11'10'09'08'07'06'05'04'03'02

Corn Fed by Species2001-2014(MMT)

Source: ProExporter Network, Crop Year Ending Aug. 31, 2015 *projections

0

10

20

30

40

50

'14*'13'12'11'10'09'08'07'06'05'04'03'02'01

Poultry

Dairy

Other

Beef

Pork

U.S. Meat Exports by Animal Group1994-2014 (TMT)

Source: PRX; USDA, WAOB, WASDE, Jan. 2015 * Calendar Year Estimates

0

500

1000

1500

2000

2500

3000

3500

4000

'14*'13'12'11'10'09'08'07'06'05'04'03'02'01'00'99'98'97'96'95'94

Poultry

Beef

Pork

Corn Consumption Ethanol

‘14*‘13‘12‘11‘10‘09‘08‘07‘06‘05‘04‘99‘94‘89‘84

6 8 14 1434 41

5477

9411

7 128

127

118 13

013

1

Corn Used for Ethanol and DDG Production, 1984-2014(MMT)

Source: USDA, ERS Feed Outlook, Jan. 15, 2015*Crop Year Ending Aug. 31, 2015

Insect Resistant 1,467Non-Biotech 2,568Herbicide Tolerant 4,768Stacked Traits 27,876

4%Insect

Resistant7%Non-Biotech

13%HerbicideTolerant

76%Stacked Traits

Total 36,679

Percentage of Biotech Acreage, 2012-2014

Source: USDA, NASS, Acreage Jun. 30, 2014

Insect Resistant Herbicide Tolerant Stacked Traits All Biotech HybridsYear ‘12 ‘13 ‘14 ‘12 ‘13 ‘14 ‘12 ‘13 ‘14 ‘12 ‘13 ‘14IA 12 5 4 15 14 8 64 72 83 91 91 95

IL 14 4 3 18 7 5 53 78 83 85 89 91

IN 9 2 2 15 10 8 60 73 78 84 85 88

KS 20 7 5 19 15 18 51 69 72 90 91 95

MI 8 4 2 26 15 15 52 71 76 86 90 93

MN 19 3 2 22 10 10 47 78 81 88 91 93

MO 18 5 4 20 16 10 48 71 79 86 92 93

ND 17 5 6 36 20 22 43 69 68 96 94 96

NE 16 6 4 20 13 15 55 74 77 91 93 96

OH 13 6 3 20 16 14 43 63 69 76 85 86

SD 9 2 3 23 12 14 62 82 80 94 96 97

TX 20 16 12 21 20 17 44 53 62 85 89 91

WI 10 3 3 23 18 17 53 63 72 86 84 92

Other 18 6 6 26 21 19 41 61 66 85 88 91

Total 15 5 4 21 14 13 52 71 76 88 90 93

Biotech Share of U.S. Corn Acres Planted, 2014(1,000 hectare)

Source: USDA, NASS, Crop Production Annual Jan. 12, 2015

State Organizations& Grower Members

Grower Members

Founded in 1957, the National Corn Growers Association represents more than

42,000 dues-paying corn farmers nationwide and the interests of more than

300,000 growers who contribute through corn checkoff programs in their states.

NCGA and its 48 affiliated state associations and checkoff organizations work

together to create and increase opportunities for their members and their industry.

National Corn Growers Associationwww.ncga.com

20 F Street NW, Suite 600Washington, DC 20001(202) 628-7001

632 Cepi DriveChesterfield, MO 63005(636) 733-9004

worldofcorn.com