FOR IMMEDIATE RELEASE
November 20, 2015
WASHINGTON, DC – Today, the Corn Refiners Association (CRA) announced its support for the Trans-Pacific Partnership and urged Congress to approve the deal reached last month.
“The Asia-Pacific region, and specifically the nations participating in the TPP are an incredibly important market for the U.S. corn refining industry, accounting for roughly 40% of our exports.” said John Bode, President and CEO of the Corn Refiners Association. “We are confident that this deal will help promote and support American exports into these countries. The United States, led by the team at United States Trade Representative, achieved a meaningful trade agreement that will benefit all American industries.”
Trade representatives from 12 counties – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam – reached an agreement in October.
CRA is the national trade association representing the corn refining (wet milling) industry of the United States. CRA and its predecessors have served this important segment of American agribusiness since 1913. Corn refiners manufacture sweeteners, ethanol, starch, bioproducts, corn oil, and feed products from corn components such as starch, oil, protein, and fiber.