5/31/19 • NAFTATradeUSMCA

Corn Refiners Applaud President Trump’s Step Forward On USMCA Approval

WASHINGTON, DC – Today, in reaction to President Trump’s submission of a Statement of Administrative Action (SAA) for the United States-Mexico-Canada Agreement (USMCA), John Bode, President and CEO of the Corn Refiners Association, commented:

“By solidifying the important trading partnerships with our neighbors, Canada and Mexico, the USMCA stands to greatly benefit U.S. farmers, ranchers, and agri-business. With the submission of his Statement of Administrative Action (SAA), President Trump brings us one step closer to achieving this crucial agreement. America’s corn refiners eagerly await swift Congressional consideration and ratification of the USMCA.”

Averaging over $900 million in shipments annually, Mexico and Canada represent the two largest markets for refined corn products. Further, one in four American manufacturing jobs are related to agriculture, and USMCA, once implemented, will strengthen the U.S. farm and agriculture economy and further support and secure vital market access for U.S. farmers, ranchers, and agri-businesses.

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The Corn Refiners Association (CRA) is the national trade association representing the corn refining industry of the United States. CRA and its predecessors have served this important segment of American agribusiness since 1913. Corn refiners manufacture sweeteners, starch, advanced bioproducts, corn oil and feed products from corn components such as starch, oil, protein and fiber.