US Grains Council (USGC) President and CEO, Ryan LeGrand has made the following statement regarding the recent in-principle agreement between the US and Japan:
"The US Grains Council is encouraged by the news of an agreement in principle between the US and Japan on agricultural market access. While there are details yet to be worked out, lowering market access barriers with one of our most valuable and loyal grain buyers is a critical win-win.
"Combined with reductions or eliminations in agricultural tariffs that coincide with those under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Japan Economic Partnership Agreement (EU-Japan EPA), a new agreement with Japan will allow our farmers a level playing field with our competitors.
"Japan is a deeply valued trading partner for US grain farmers, currently the second largest buyer of US corn and a significant buyer of US sorghum and US barley for food and feed purposes. Japan is also a partner with which we hope to build a growing ethanol market.
"We look forward to reviewing the final provisions announced this weekend and continue to support the completion of a comprehensive agreement that will include the enhanced sanitary and phytosanitary, good regulatory practices and precedent-setting biotechnology provisions strengthened under the US-Mexico-Canada Trade Agreement (USMCA)."
Visit the USGC website, HERE.
"The US Grains Council is encouraged by the news of an agreement in principle between the US and Japan on agricultural market access. While there are details yet to be worked out, lowering market access barriers with one of our most valuable and loyal grain buyers is a critical win-win.
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| Image credit: Xuanxu on Flickr (CC BY-SA 2.0) |
"Japan is a deeply valued trading partner for US grain farmers, currently the second largest buyer of US corn and a significant buyer of US sorghum and US barley for food and feed purposes. Japan is also a partner with which we hope to build a growing ethanol market.
"We look forward to reviewing the final provisions announced this weekend and continue to support the completion of a comprehensive agreement that will include the enhanced sanitary and phytosanitary, good regulatory practices and precedent-setting biotechnology provisions strengthened under the US-Mexico-Canada Trade Agreement (USMCA)."
Visit the USGC website, HERE.
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