U.S. - Japan Trade Agreement a Bright Spot for American Agriculture
KyCorn Statement on Trade Deal
“The U.S. - Japan agreement announced today by President Trump solidifies our partnership with Japan, and offers opportunities for growth,” said Ray Allan Mackey, Hardin County farmer and KyCorn Promotion Council chairman. “Japan is the second largest buyer for U.S. corn, top importer for U.S beef and pork, and holds potential as a market for U.S. ethanol. The agreement would bring U.S. agricultural commodities largely back in line with the Trans-Pacific Partnership Agreement (TPP) and put these commodities on equal footing with other countries currently in the TPP. This is the first of several rounds of agreements and KyCorn encourages the administration to pursue broader access to foreign trade opportunities.”
Foreign market development for corn and corn products like red meat and ethanol is a top priority of KyCorn. Mackey visited Japan two years ago with Commissioner Quarles and Dave Maples of the Kentucky Cattlemen’s Association as part of the Heartland Team with the U.S. Meat Export Federation (USMEF) to strengthen trade ties. Earlier this month, KyCorn Executive Director Laura Knoth made the same visit to Japan to continue that work.
“Laura’s visit and this agreement could not have come at a better time,” remarked Mackey. “With many farmers struggling amid challenging times in agriculture, it seems this phase one agreement will deliver for our corn farmers. Our support of groups like USMEF and the U.S. Grains Council are making a solid impact in trade relations. ”