8/26/19 • Asia-PacificInternational MarketsTrade

Corn Refiners Association Statement on New U.S. Trade Agreement with Japan

WASHINGTON, DC – Today, in reaction to the announcement of a new trade agreement between the United States of America and Japan, John Bode, President and CEO of the Corn Refiners Association, commented:

“News of a trade agreement with Japan is encouraging for all U.S. farmers, ranchers, and agri-businesses. The expansion of global export markets for not only refined corn products, but all U.S. agricultural products, is critical to America’s economic health going forward. We congratulate President Trump on this achievement and look forward to reviewing the specifics of the agreement as additional details become available.”

U.S. corn refiners export over $2 billion dollars in goods annually, adding $4.7 billion to the overall economy. With 15% of all U.S. refined corn products exported annually, international trade is vital to the success of CRA members.

Contact: Thomas Parks

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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.