Corn Growers Express Appreciation for Asian Markets Announcement

kfThe Trump administration announced today a series of trade deals and frameworks with several Asian countries, some of which include new market access for ethanol as well as additional opportunities for corn and corn products, like distiller dried grain solubles. In response to this announcement, National Corn Growers Association President Jed Bower released the following statement:

"This is all very good news for the nation's corn growers. Eliminating tariffs on ethanol exports to Malaysia and Cambodia will boost demand. We are encouraged to see that the framework for Thailand included agriculture purchases of corn and DDGS. The announced framework for Vietnam is also promising, as this is already a robust market for DDGS and corn growers are well positioned to supply corn and ethanol as well. We look forward to reviewing more details on the frameworks for Thailand and Vietnam. Corn growers have been calling for deals that will open new markets, and we applaud the Trump administration for listening and acting on our request."