The National Corn Growers Association today expressed disappointment that corn farmers impacted by trade tariffs and ongoing trade uncertainty would receive virtually no relief through the U.S. Department of Agriculture’s (USDA) Market Facilitation Program (MFP).
Read MoreKyCorn has been at the forefront of negotiations with the administration over how to mitigate the negative effects of these trade issues going forward. Though we face an uphill battle, we have managed to secure several market-driven policy changes on behalf of Kentucky’s corn farmers.
Read MoreNational Corn Growers Association President Lynn Chrisp today urged U.S. Department of Agriculture Secretary Sonny Perdue to consider changes to the Market Facilitation Program (MFP) ahead of the second round of payments.
Read MoreWhite corn buyers from Mexico were in Kentucky last week to see U.S. grain production and infrastructure to better understand quality standards for U.S. white corn exports and make connections to facilitate future sales.
Read More“Global trade is the most effective development tool we have,” Hills said. “It enlarges economic opportunities for poor countries. It is not just a humanitarian effort; it creates tomorrow’s trade partners. One might call it an act of enlightened self interest.”
Read More“The fine print will be important. We know the package won’t make farmers whole but look forward to working with USDA on the details and implementation of this plan.
Read MoreAs new tariffs on steel and aluminum imports go into effect for some of the United States’ closest allies, the U.S. grains industry is watching closely for retaliations that impact sales of U.S. corn, sorghum, barley and their related products, including ethanol and distiller’s dried grains with solubles (DDGS).
Read MoreSeven months into the 2017/2018 marketing year, the United States has exported nearly one billion gallons of ethanol, up 15 percent year-over-year and an indication of ethanol exports’ support for U.S. grain demand.
Read MoreAs corn farmers in Kentucky and across the country head into the fields, many are facing the most uncertain market conditions of their lifetimes. Farm policy, ethanol policy, trade policy and more change on an hourly basis, and keeping up with the headlines alone has become a full-time experience.
Read MoreThe Trump Administration's announcement of $60 billion in new tariffs against Chinese imports into the United States has already prompted a response from China. It is considering placing import duties on US pork and ethanol, two significant corn markets.
Read MoreWith the productivity of U.S. agriculture growing faster than domestic demand, U.S. farmers and agricultural firms rely heavily on export markets to sustain prices and revenues. And while most of the corn produced in Kentucky stays in the state to be processed for feed, bourbon, food, or ethanol, exports are still a critical factor in the economic success of Kentucky’s corn farmers.
Read MoreKyCorn farmer leader Ray Allan Mackey, Kentucky Agriculture Commissioner Ryan Quarles and Kentucky Cattlemen’s Association Executive Vice President Dave Maples visited Japan earlier this month through the US Meat Export Federation’s annual Heartland Tour.
Read More"At the end of the day, a bushel of corn that leaves the U.S. for a foreign marketplace is a bushel of corn that adds value to the corn we grow and process right here in Kentucky," said Philip McCoun, Shelbyville farmer and chairman of the Kentucky Corn Promotion Council.
Read MoreLeadership and staff of corn, trade, and commodity groups have focused a tremendous amount of energy this month--May is World Trade Month--telling the administration and public the impact agricultural trade has on the US economy. It could not have come at a better time.
Read MoreMexico is our largest corn export market, taking 524.4 million bushels (13.3 million metric tons) of corn worth $2.5 billion last marketing year, in addition to 23.86 million bushels (606,127 metric tons) of sorghum.
Read MoreA partnership of more than 75 organizations representing farmers and ranchers, fishermen and forest product producers, cooperatives, small businesses, regional trade organizations and the state Departments of Agriculture have released a new website at www.agexportscount.org to showcase the benefits of U.S. agriculture.
Read MoreNew engagement by U.S. Grains Council (USGC) staff and members in South Africa over the past year has helped achieve export victories there, with recent sales of U.S. sorghum and biotechnology trait approvals that will allow imports of U.S. corn.
Read MoreIf anyone wants to see how trade affects economic growth, look at Panama City, Panama. I had the privilege of representing KyCorn at the US Grains Council International Marketing Conference in Panama earlier this month, and saw the tremendous growth that has occurred since canal expansion.
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