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World of Corn. Unlimited Possibilities. 2013 Metric Edition

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Wor

ld o

f Cor

n. U

nlim

ited

Poss

ibili

ties.

2013Metric Edition

Pam JohnsonPresident

Letter from the NCGA

Corn.

It is a part of who we are as Americans. From the first tall, leafy stalk

domesticated by early Americans to the cutting-edge varieties that help

our nation’s most widely grown crop thrive today, corn feeds innovation and

fuels our economy. Corn nourishes our cultural identity, lighting night skies

on Independence Day and filling traditional cornucopias at Thanksgiving.

Our nation’s corn farmers, through their unwavering dedication and steady

perseverance, grow a crop that sustains our people, feeds our economy

and buttresses our national identity. As you turn these pages, you too can

explore the World of Corn.

Rick TolmanCEO

Hectares Planted

(1,000 hectare)

Hectares Harvested for Grain

(1,000 hectare)Average Yield

MT/Ha

Total Production1,000 MT

Alabama 126 119 6.1 734Arizona 30 13 12.2 159Arkansas 287 281 11.2 3,142California 247 73 11.6 846Colorado 575 409 8.3 3,412Delaware 75 72 8.5 610Florida 30 16 7.0 114Georgia 140 126 11.3 1,417Idaho 146 55 11.9 652Illinois 5,182 4,960 6.6 32,673Indiana 2,530 2,441 6.2 15,164Iowa 5,749 5,547 8.6 47,676Kansas 1,903 1,599 6.0 9,632Kentucky 668 619 4.3 2,643Louisiana 219 215 10.9 2,329Maryland 200 176 7.7 1,348Michigan 1,073 968 8.3 8,074Minnesota 3,543 3,372 10.4 34,913Mississippi 332 322 10.4 3,332Missouri 1,457 1,336 4.7 6,287Montana 43 24 6.9 168

U.S. All Crop Hectares Harvested, 2011-2012(1,000 hectare)

Source: USDA, NASS, Crop Production 2012 Summary Jan. 11, 2013

The World of Corn

U.S. Select Crop Value($ billion)

Source: USDA WASDE Jan. 11, 2013

Oats20112012

$0.19$0.24

Barley$0.83$1.41

Sorghum$1.80

Wheat $14.47$17.92

Soybeans $38.68$42.96

Corn $76.88$79.77

$1.28

Source: USDA, ERS, Feed Outlook, Jan. 15, 2013

*Crop year ending Aug. 31, 2013

U.S. Corn Ending Stocks, 1932-2012(MMT)

’32 ’42 ’52 ’62 ’72 ’82 ’92 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

50

33

41 42 43

29

25

’12

15*

54

24

28

54

79

18

35

20

108

Source: USDA, NASS, Crop Production 2012 Summary Jan. 11, 2013

U.S. Corn Production

2011 2012Corn (grain) 34,004 35,374Corn (silage) 2,403 2,987Soybeans 29,869 30,811Hay 22,532 22,777Wheat 18,504 19,834Cotton 3,830 3,817Sorghum (grain) 1,591 2,006Sorghum (silage) 91 147Barley 906 1,313Rice 1,060 1,084Sunflower 590 745Canola 422 700Dry Edible Beans 473 684Peanuts 437 651Sugar Beets 491 487

2011 2012Potatoes 436 459Oats 380 423Sugar Cane 353 364Dry Edible Peas 139 251Lentils 166 182Tobacco 132 136Flaxseed 70 136Rye 98 100Proso Millet 137 83Safflower 52 65Sweet Potatoes 53 51Peppermint 30 31Mustard Seed 9 20Other 15 16Hops 12 13Total 119,284 125,751

Hectares Planted

(1,000 hectare)

Hectares Harvested for Grain

(1,000 hectare)Average Yield

MT/Ha

Total Production1,000 MT

Nebraska 4,049 3,684 8.9 32,824New Jersey 38 35 7.4 258New Mexico 51 17 10.7 186New York 474 275 8.4 2,315North Carolina 348 332 7.3 2,437North Dakota 1,457 1,401 7.7 10,722Ohio 1,579 1,478 7.7 11,404Oklahoma 146 119 6.9 824Oregon 34 21 13.2 277Pennsylvania 591 405 8.3 3,353South Carolina 134 126 7.7 961South Dakota 2,490 2,146 6.3 13,597Tennessee 421 389 5.3 2,073Texas 749 628 8.2 5,118Utah 37 14 10.5 144Virginia 206 142 6.5 916Washington 75 47 13.5 628West Virginia 21 14 8.0 114Wisconsin 1,761 1,336 7.6 10,143Wyoming 43 24 8.9 216U.S. Total 39,334 35,374 7.7 273,835

2012 U.S. Corn Production by State

Historical Corn Performance, 1932-2012

U.S. Corn Prices, 1932-2012($/MT)

*estimated**projected for crop year September 2012-August 2013

*estimated**projected for crop year September 2012-August 2013

’32 ’42 ’52 ’62 ’72 ’82 ’92 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

$78.

74 $119

.68 $1

65.3

5

$159

.83

$139

.76 $2

03.9

3

$244

.87*

’12

$291

.32*

*

$81.

10

$95.

27

$91.

33

$81.

49

$100

.39

$61.

81

$44.

09

$59.

84

$35.

19

$11.

50

Source: USDA, WAOB, World Agriculture Supply & Demand Estimate, Jan. 11, 2013

U.S. Average Corn Yield, 1932-2012(MT/Ha)

’32 ’42 ’52 ’62 ’72 ’82 ’92 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

9.3 9.4

9.5 9.7 10

.3

9.6

9.2

’12

7.7

10.1

8.9

8.18.3

7.1

6.1

4.1

2.6

2.2

1.7

Source: USDA, NASS, Crop Production 2012 Summary, Jan. 11, 2013

U.S. Corn Hectares Planted, 1932-2012(1,000 hectare)

Source: USDA, NASS, Crop Production 2012 Summary, Jan. 11, 2013

’32 ’42 ’52 ’62 ’72 ’82 ’92 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

33,1

09

31,7

11 37,8

65

34,8

11

34,9

72

35,7

05

37,2

21

’12

39,3

34

32,7

65

31,8

23

31,9

41

32,1

10

33,1

40

27,1

77

26,3

2333,2

91

35,9

5945,7

59

U.S. Corn Hectares Harvested, 1932-2012(1,000 hectare)

Source: USDA, NASS, Crop Production 2012 Summary, Jan. 11, 2013

’32 ’42 ’52 ’62 ’72 ’82 ’92 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

30,4

12

28,5

98 35,0

28

31,8

10

32,1

82

32,9

74

34,0

04

’12

35,3

74

29,8

10

28,7

22

28,0

69

29,1

81

29,4

41

23,2

85

22,5

6128,8

88

32,0

70

39,3

57

Source: USDA, NASS, Crop Production 2012 Summary, Jan. 11, 2013

’32 ’42 ’52 ’62 ’72 ’82 ’92 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

282,

265

267,

506 33

1,18

1

307,

145

332,

552

316,

168

313,

952

’12

273,

835

299,

879

256,

232

227,

769

240,

722

209,

183

141,

736

91,6

05

75,7

16

71,1

70

65,5

02

U.S. Corn Production, 1932-2012(1,000 MT)

Source: USDA, WASDE, Jan. 11, 2013

’32 ’42 ’52 ’62 ’72 ’82 ’92 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

22.2

0 32.0

9

54.7

6

49.0

9

46.4

8

64.4

8 76.8

8*

’12

79.7

7**

24.3

8

24.4

8

20.8

8

19.7

2

21.6

4

8.74

4.034.56

2.49

0.75

U.S. Corn Crop Value, 1932-2012($ billion)

Global Corn Production

World Corn Production, 2012-2013*(KMT)

World Corn Consumption, 2012-2013* (KMT)

U.S. Corn Exports, 1993-2012 (MMT)

Source: USDA FAS Grain: World Markets and Trade, Jan 11, 2013*Marketing Year October 1, 2012- September 30, 2013

Source: USDA FAS Grain: World Markets and Trade, Jan 11. 2013*Marketing Year October 1, 2012- September 30, 2013

U.S.32.1%

273,832

208,000

129,042

71,000

28,000

China24.4%

Brazil 8.3%

54,670

20,700

EU-276.4%

Argentina3.3%

20,500

13,060

Ukraine2.4%

20,000

India 2.3% 13,500

South Africa1.6%

Canada1.5%

15.1%Other

Mexico2.4%

U.S.30.7%

262,063

209,000

64,000

29,700

17,30015,000

180,741

12,00012,200

11,100

55,000

China 24.5%

EU-27 7.5%

Brazil 6.5%

Mexico3.5%

India 2.0%

Japan 1.8%

Egypt1.4%

Canada1.4%

Other 21.2%

South Africa1.3%

World Corn Exports/Imports, 2012-2013*(KMT)

Total corn exports for the U.S. average roughly 20% of national production which underlines our nation’s capacity to utilize supply. That said, the global demand for corn continues to rise.

34

4240

’90 ’91 ’92 ’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12

44

*estimate**projections

55 57

46

38

50 49 49 48

40

48 46

54 54

62

47 50 47

39*

24**

Source: USDA, WAOB, World Agriculture Supply & Demand Estimate, Jan. 11, 2013

U.S. Corn Exports/Leading Markets, 2009-2012 (MMT)

Source: USDA ERS, Feed Outlook, Jan. 15, 2013

2009-10 2010-11 2011-12

Japan 15.2 14.0 11.5Mexico 8.3 7.5 10.1China 1.2 1.0 5.1South Korea 7.1 6.1 3.6Taiwan 3.2 2.8 1.6Venezuela 1.1 0.9 1.3

2009-10 2010-11 2011-12

Canada 2.1 0.9 0.9Guatemala 0.7 0.7 0.6Costa Rica 0.6 0.7 0.6Egypt 2.8 3.4 0.5Other 10.9 12.0 3.9Total 50.3 46.6 39.2

Exporting Nations

U.S. 26,000 (26.8%)

Japan 15,000 (15.5%) Other 31,740 (32.7%)

Mexico 9,000 (9.3%) EU-27 8,000 (8.3%) Algeria 2,800 (2.9%)

Taiwan 4,300 (4.4%)Iran 3,500 (3.6%)

South Korea 8,000 (8.3%)

Egypt 5,500 (5.7%)Colombia 3,500 (3.6%)

Malaysia 3,100 (3.2%)

U.S. 2,500 (2.6%)

Brazil 22,500 (23.2%) Argentina 19,500 (20.1%)

Ukraine 12,500 (12.9%)

India 3,000 (3.1%)South Africa 2,500 (2.6%)

Paraguay 2,400 (2.5%)Russia 2,300 (2.4%)

EU-27 1,000 (1%)

Canada 1,500 (1.5%)

Zambia 500 (.5%)

Other 3,240 (3.3%)

Importing NationsTotal Exports/Imports

96,940

Source: USDA FAS Grain: World Markets and Trade, Jan. 11, 2013*Marketing Year October 1, 2012- September 30, 2013

Corn Processed by Segment, 1992-2012(MMT)

Source: USDA ERS, Feed Outlook *projection

175

150

125

100

75

50

25

0

’92 ’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12*

Feed/Residual

Exports

Carry Out

FSI

Corn Consumption Overview

Food/Seed/Industrial Usage, 1982-2012(MMT)

’82 ’87 ’92 ’97 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

149*16

3

163

151

128

113

90

77

6965

60

47

40

32

22

’12

Source: USDA, ERS, Feed Outlook, Jan 15, 2013 *Crop year ending Aug 31, 2012

Corn Usage by Segment, 2012*

Source: USDA, ERS, Feed Outlook, Jan. 15, 2013 *Crop year ending Aug 31, 2013

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

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

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

Total Usage 286 MMT• = 1 MMT

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

Feed/Residual113 MMT(39.5%)

Sweeteners7 MMT (2.5%)

High-Fructose Corn Syrup12 MMT (4.3%)

FuelEthanol114 MMT(30.8%)

Exports24 MMT(8.4%)

DDGs26 MMT (9.2%)

Starch 6 MMT (2.1%)

Beverage/Alcohol3 MMT (1.2%)

Seed1 MMT (0.2%)

FSI149 MMT

Cereal/Other5 MMT (1.8%)

Corn Consumption Food/Feed

13 13 131213

1414

1313

14

13

11

9

5

‘82 ‘87 ‘92 ‘97 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ’10 ’11

12*

’12

High-Fructose Corn Syrup Usage, 1982-2012(MMT)

7 7777777

4

‘82 ‘87 ‘92 ‘97 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ’10 ’11

66666 6*

’12

Starch Usage, 1982-2012(MMT)

5 5 555555555

33

2

‘82 ‘87 ‘92 ‘97 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ’10 ’11

5*

’12

Cereal and Food, 1982-2012(MMT)

‘82 ‘87 ‘92 ‘97 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ’10 ’11

3 3 3

’12

3*333333333

2

3Beverages and Manufacturing Alcohol, 1982-2012(MMT)

Sweetener Usage, 1982-2012(MMT)

Source: ProExporter Network. Crop year ending Aug 31, 2012*projections

Corn Displaced by DDG/CGF in Domestic Livestock Rations(MMT)

666666

5

44

‘82 ‘87 ‘92 ‘97 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ’10 ’11

7 7 777 7*

’12

Source: USDA, ERS, Feed Outlook, Jan. 15, 2013 *Crop year ending Aug. 31, 2012

Source: USDA, ERS, Feed Outlook, Jan. 15, 2013 *Crop year ending Aug. 31, 2012

Source: USDA, ERS, Feed Outlook, Jan. 15, 2013 *Crop year ending Aug. 31, 2012

Source: USDA, ERS, Feed Outlook, Jan. 15, 2013 *Crop year ending Aug. 31, 2012

Source: USDA, ERS, Feed Outlook, Jan. 15, 2013 *Crop year ending Aug. 31, 2012

‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12

Sour

ce: P

roEx

porte

r Net

work

Crop

Yea

r End

ing

Augu

st 3

1, 2

013

*pro

ject

ions

27

23*

28

25

2121

13

8764

Corn Consumption BiotechBiotech Share of U.S. Corn Hectares Planted, 2012

Source: USDA, NASS, Crop Production Annual, Jan 11, 2013

Non-BiotechInsect ResistantHerbicide TolerantStacked TraitsTotal

(1,000 hectare)4,7205,9008,26020,45439,334

52% StackedTraits

12%Non-Biotech

15%Bt

21%HerbicideTolerant

Percentage of Biotech Hectares, 2010-2012

Source: USDA, NASS, Acreage June 29, 2012

’82 ’87 ’92 ’97 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ‘09 ’10 ’11

117 12

8

127

’12

114*

94

77

54

41

3430

25

121174Corn Used for Ethanol and DDG Production, 1982-2012

Source: USDA ERS, Feed Outlook, Jan. 15, 2013*Crop year ending Aug. 31, 2013. Includes approximately 1.3 billion bushels to be used as distillers grains for livestock feed.Source: ProExporter Network. Similar ratios apply for previous years.

(MMT)

Corn Fed by Species, 2000-2012(MMT)

Source: ProExporter Network. Crop year ending Aug. 31, 2012*projections

’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12*

45

40

35

30

25

20

15

10

5

0

Beef

Pork

Poultry

Dairy

Other

U.S. Meat Exports by Animal Group, 1993-2012(TMT)

Source: PRX; USDA, WAOB, World Agriculture Supply and Demand Estimates, January 2013* Calendar year estimates

4,000

3,500

3,000

2,500

2,000

1,500

1,000

500

0

Beef

Poultry

’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12*

Pork

InsectResistant

HerbicideTolerant

StackedTraits

All BiotechHybrids

Year ’10 ’11 ’12 ’10 ’11 ’12 ’10 ’11 ’12 ’10 ’11 ’12Illinois 15 14 14 15 17 18 52 55 53 82 86 85Indiana 7 7 9 20 22 15 56 56 60 83 85 84Iowa 15 13 12 14 16 15 61 61 64 90 90 91Kansas 22 28 20 28 22 19 40 42 51 90 92 90Michigan 11 11 8 25 24 26 44 52 52 80 87 86Minnesota 18 16 19 28 29 22 46 48 47 92 93 88Missouri 15 27 18 19 22 20 45 36 48 79 85 86Nebraska 22 15 16 24 26 20 45 52 55 91 93 91North Dakota 22 26 17 34 32 36 37 39 43 93 97 96Ohio 13 24 13 22 13 20 36 37 43 71 74 76South Dakota 6 7 9 29 25 23 60 64 62 95 96 94Texas 18 22 20 27 24 21 40 42 44 85 88 85Wisconsin 13 18 10 29 27 23 38 41 53 80 86 86Other 21 20 18 30 30 26 31 36 41 82 86 85Total 16 16 15 23 23 21 47 49 52 86 88 88

U.S. Corn Fed by Region,2002-2012(MMT)

Source: ProExporter Network. Crop year ending Aug. 31, 2012*projections

’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12*

9080

4030

506070

20100

Non-Corn Belt

Corn Belt

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

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

38,000 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.