CORN REFINING INDUSTRY Economic Impact

America’s corn refiners are an essential link in the nation’s agricultural and economic value chain. The vast majority of corn refining facilities are located in the Corn Belt where our economic footprint has an incredibly positive impact on our local communities. The commitment to our communities and social good brought by the people of the corn refining industry are what really drive its success. In the United States, the industry directly employs nearly 7,200 people with salaries and wages over $900 million. Further, every job directly supported by the corn refining industry adds an additional 23 jobs across the U.S. contributing an additional $10 billion in incomes.

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U.S. Corn Refining Industry At A Glance – 2020

Total Economic Impact of Corn Refining – 2020

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Food and Agricultural Sector Economic Impact

America’s food and agriculture sector feeds the economy and fortifies the nation. These industries are responsible for over $9.6 trillion – or 20% – of the country’s economic activity, directly supporting nearly 24 million jobs (over 15% of U.S. employment). It begins in the rich soil of America’s farms and ranches – nearly two million of them – spread across the heartland and stretching to the coasts, covering two out of every five American acres.

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Total National Economic Impact (including induced and indirect)

Meanwhile, millions of food scientists, production workers, logistics experts, truck drivers, and engineers work in more than 200,000 food manufacturing, processing, and storage facilities to keep our food supply chains strong and fresh, safe food readily available worldwide. The journey may continue at one of the nation’s more than one million restaurant and foodservice locations or an item might make its way from one of approximately 200,000 retail food stores to American homes or gatherings where people enjoy the nation’s bounty.