A new study by the National Corn Growers Association shows American corn growers were responsible for a $152 billion boost to the U.S. economy in 2023. The report looked at the number of ways corn growers help shape the economy, including economic output, contributions to the Gross Domestic Product, tax revenues, labor income, and employment statistics.
“The data shows that growers remain deeply rooted in rural America, where they serve as pillars of economic growth,” says NCGA Lead Economist Krista Swanson, who authored the analysis. “They work to foster technological innovation, expand commercial opportunities, advance free trade, build the bioeconomy, and feed a hungry world.”
Corn grower production directly contributed $20.7 billion to the gross domestic product and provided $12 billion in labor wages and benefits. The economic impact of corn farming extended across 524 different industry sectors in all 50 states, reinforcing its broad influence on the national economy.
