Leadership from the U.S. Grains Council (USGC) and National Corn Growers Association (NCGA) last week spent time in South Korea and Mexico to talk trade. The two organizations met with customers and government officials during what they call a period of policy uncertainty in the U.S. corn industry’s top markets.
Mexico is the top purchaser of U.S. corn, while South Korea is ranked third. The joint delegation in South Korea emphasized the success of the U.S.-Korea Free Trade agreement for U.S. exports of feed grains and co-products. A second group traveled to Mexico and met with the major grain associations representing the top buyers of U.S. grain products, among others.
NCGA President Kevin Skunes warns the loss of market access to South Korea and Mexico “would have immediate and far-reaching impacts on farm economics across the United States,” if negotiations to rework trade agreements fail.
From the National Association of Farm Broadcasting News Service.