U.S. Grains Council Statement On Potential NAFTA Withdrawal
Washington, D.C. – A statement from U.S. Grains Council President and CEO Tom Sleight:
“Mexico and Canada are among our largest and most loyal grain export markets, and our organization has worked closely with partners in both countries for more than 30 years.
“An executive order as reported will have an immediate effect on sales to Mexico, market prices and the profitability of U.S. farmers, who are already facing below cost of production prices. Our top grain market is not a negotiating tactic.
“There is strong support and rationale to update and modernize NAFTA. Before today, we believed we were on track to have a reasonable discussion about how to update the agreement in ways that make sense for all parties. We hope we can get back to that position soon.”
More information about the Mexico market for U.S. grains and products is here.
More information about the Canada market for U.S. grains and products is here.
About the U.S. Grains Council
The U.S. Grains Council is a private, non-profit partnership of farmers and agribusinesses committed to building and expanding international markets for U.S. barley, corn, sorghum and their co-products including ethanol. The Council is online at www.grains.org.