Mexico Trade Team In Nebraska

posted by Karla James - 

Governor Pete Ricketts, the U.S. Grains Council, and National Corn Growers Association are hosting a Mexican grain/industry team who are visiting the United States to participate in town hall meetings, industry, and government meetings in Nebraska and Washington, D.C.

Mexico is an important customer to U.S. agriculture and ranks as our second largest export market.  Corn is Mexico’s number one agricultural import from the United States.  In Nebraska alone, corn exports to Mexico are valued at $287 million.

“Bilateral trade with Mexico has helped grow agriculture in our state over the years,” said Governor Ricketts. “Mexico is Nebraska’s largest export market for corn, dairy, sugar, and sweeteners, and second largest market for soybeans, wheat, sorghum, and distillers grains. All of this combined accounts for thousands of Nebraska jobs. I’m encouraged by local and national discussions to expand trade, and am committed to helping grow our trade relationship with Mexico so we can continue to grow Nebraska.”

The meeting with Nebraska and the team from Mexico is ahead of the Trump Administration's plans to renegotiate NAFTA between the U.S., Canada and Mexico.  Later this week the Mexican delegation will travel to Washington D.C., where they will join U.S. corn farmers for meetings with Congressional leaders to discuss the trade relationship.

Approximately 20 percent of U.S. corn and corn co-products are exported. Mexico is the largest market for U.S. corn. In 2016, U.S. corn exports to Mexico totaled 13.3 million metric tons (523.5 million bushels) of corn, valued at $2.5 billion. The U.S. also exported 1.9 million metric tons of distiller’s dried grains with solubles, a byproduct of ethanol.

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