President Donald Trump was asked about efforts to lower or eliminate Brazil’s tariffs on U.S. ethanol during a press conference this week. “I think that as far as Brazil is concerned, if they do tariffs, we have to have an equalization of tariffs,” President Trump responded. “It’s called reciprocal tariffs and you may be seeing something on that very soon.”
Ethanol Report 7-31-20
Ethanol exports have taken a hit this year due to the pandemic, but there are still reasons to be optimistic about this important market for the industry. In this episode of The Ethanol Report, we hear from Renewable Fuels Association (RFA) General Counsel Ed Hubbard, who doubles as the organizations international trade expert. We also learn about a new program …
USMCA Implementation Celebration Roundtable
To celebrate the implementation of the U.S.-Mexico-Canada Agreement (USMCA), House Agriculture Committee Chairman Collin Peterson, U.S. Senator Joni Ernst and American ag leaders held a virtual roundtable to discuss the importance of USMCA to farmers, rural communities and ag exports. The roundtable was hosted by Farmers for Free Trade, which showed support for USMCA with an 11 state, 4,300 mile …
U.S. Soy is Open for Business
The U.S. Soybean Export Council (USSEC) held a webinar for the media Wednesday to provide an update on the industry and its continued resilience through this time. Participating in the webinar were, USSEC CEO Jim Sutter, USSEC Chairman Monte Peterson, and Regional Directors Brent Babb and Rosalind Leeck. They discussed the industry’s response to COVID-19 in various export markets, how …
President Trump Signs USMCA
President Donald J. Trump today signed the United States-Mexico-Canada Agreement (USMCA), with improved access to both markets for U.S. farmers and ranchers. According to the White House, American agricultural exports are expected to increase by $2.2 billion under USMCA. Under the agreement, Canada has agreed to expand market access for American dairy, egg, and poultry producers and grow annual dairy …
Ethanol Report on New Trade Deals
Two major trade deals in one week last week are giving the agriculture and ethanol industries reason to be optimistic as we move into the “Roaring ’20s.” In this episode of The Ethanol Report, we hear from Renewable Fuels Association president and CEO Geoff Cooper, President Donald Trump, USDA Deputy Secretary Steve Censky, Senate Majority Leader Mitch McConnell, and USDA …
USDA Under Secretary and RFA CEO at Iowa Renewable Fuels Summit
USDA Deputy Secretary Steve Censky had the pleasure of announcing the Senate passage of USMCA to the crowd at the 2020 Iowa Renewable Fuels Summit Thursday in Altoona, Iowa, and also talked about the signing of the phase one trade deal with China. In addition, Censky discussed actions the Trump Administration has taken on behalf of the biofuel industry, including …
Agriculture Celebrates China Phase One Trade Deal Signing
President Donald Trump signed the historic Phase One Trade Agreement with China Wednesday, an agreement which calls for China to purchase between $40 and $50 billion in American agricultural goods each year for two years. “Together we are righting the wrongs of the past and delivering a future of economic justice and security for American workers, farmers, and families,” said …
NCGA Urges USMCA Passage and RFS Protection
Leaders of the National Corn Growers Association (NCGA) and state corn organizations held a news conference Wednesday morning to urge the Trump Administration and members of Congress to finish the job on outstanding trade and ethanol issues important to corn farmers. Participating in the press conference were NCGA president Kevin Ross of Minden, Iowa; Patty Mann, Ohio Corn & Wheat …
Secretary Perdue Talks Mexico Trade
U.S. Secretary of Agriculture Sonny Perdue led a trade mission to Mexico this week to investigate new opportunities with our nation’s largest bilateral trading partner and second-largest export market for agricultural products. The secretary was joined by the heads of six state departments of agriculture: Bryan Hurlburt of Connecticut, Celia Gould of Idaho, Joseph Bartenfelder of Maryland, Chris Chinn of …
President Trump Cabinet Meeting Comments on China
President Donald Trump talked about China buying agricultural products during a cabinet meeting on Monday, October 21. “If we could get $20 billion a year from China — that China purchases $20 billion a year of agricultural product — that would be a great thing,” said President Trump. “And I said, ‘I want more.’ They said, “The farmers can’t handle …
US-EU Beef Trade Deal Signed
President Donald J. Trump congratulated members of the nation’s beef cattle industry Friday as the United States and the European Union signed an agreement that is expected to nearly triple the duty-free access for high quality U.S. beef exports to Europe. . “This is a tremendous victory for American farmers, ranchers, and, of course, European consumers because American beef is …
USDA Provides Details of Support Package for Farmers
U.S. Secretary of Agriculture Sonny Perdue and other agency officials announced further details of the $16 billion package “aimed at supporting American agricultural producers while the Administration continues to work on free, fair, and reciprocal trade deals.” In May, President Trump directed Secretary Perdue to craft a relief strategy in line with the estimated impacts of unjustified retaliatory tariffs on …
Study Shows Economic Impact of Grain Exports
A new study commissioned by the U.S. Grains Council (USGC) and the National Corn Growers Association (NCGA) points to the importance of export markets to U.S. farmers. The study highlights the total economic impact of U.S. grain exports to be $55 billion in 2016 and also shows grain exports supporting 271,000 jobs directly or indirectly, according to Kimberly Atkins, vice …
U.S. Grains Council Board Names Next President And CEO
U.S. Grains Council (USGC) Director in Mexico Ryan LeGrand has been named as its next president and chief executive officer, effective next month. LeGrand joined the organization in Mexico in 2015 and has served as the director of the Council’s Mexico City office since 2016. In this capacity, he has overseen the expansion of the Council’s programming in that country …