Corn farms fill nearly 90 million acres of land in the U.S. and corn was planted in all 48 of the contiguous states in 2015. As the largest producer of corn, 32 percent of the world’s total, we export between 10 and 20 percent of our corn crop to other countries. The yield from our corn farms helps at home, too, since each American consumes 25 pounds of corn annually. Additionally, corn is an important part of livestock silage and plays a significant role in the energy industry through ethanol production. Large or small, AgAmerica can help finance your corn farming operation with custom loan packages.
Corn Industry Overview
In 2012, the U.S. corn industry had sales of $67.3 billion, including both corn for grain and corn for silage.
Four states accounted for more than half of corn sales in 2012: Iowa, Illinois, Minnesota, and Nebraska.
Corn principal operators were slightly younger than principal operators of all farms.
Fourth generation farm family prepares for the future
The solution: This farm family’s local ancestry goes back to the 1850’s. As fourth generation row crop farmers, they have grown corn, peanuts, watermelons, hay, and tobacco. The family’s two sons work the farm full-time and will succeed their …