Exports of U.S. beef and pork play a crucial role in the economics of corn and soybean production, according to a new report.
The independent study, conducted by Dave Juday of The Juday Group and released by the U.S. Meat Export Federation, found pork and beef exports add 14.6% or $.87 per bushel to the value of corn and 13.9% or $1.95 per bushel to the value of soybeans.
Dave Juday says beef and pork exports account for more than 500 million bushels of U.S.