The government of Algeria has lifted a value-added tax (VAT) on U.S. distiller’s dried grains with solubles (DDGS) and corn gluten feed (CGF) for 2018, affording new opportunities this marketing year.
Representatives from the U.S. Grains Council (USGC) recently traveled to Indonesia and Thailand to visit with ministry and industry officials there and gain a better understanding of the opportunities for and challenges to expanded ethanol use in both markets.
By Tom Sleight, USGC President and CEO
Inattention, indifference and inaction are no longer options for those in agriculture with regard to our nation’s foreign policy. Just as producers must watch daily their weather, crop conditions and commodity prices, so too must they track policy developments around the world that will make or break the markets for the bountiful crops they are so efficient at producing.
When trade policy works, the world wins. But how does trade policy happen?
In a new, four-part audio series, the U.S. Grains Council (USGC) tackles this question as well as explaining why trade policy matters to U.S. agriculture, how trade negotiations work and why developing and expanding markets for U.S. coarse grains and co-products would not be possible without strong trade policy.
Growth Energy, the Renewable Fuels Association, and the U.S. Grains Council are calling upon the U.S. government to develop an immediate response to Brazil’s newly implemented tariffs on U.S. ethanol imports, a trade barrier that threatens over $750 million in U.S. exports and American jobs.
The government of Tanzania removed a cost-prohibitive value-added tax on the sale of animal feed earlier this summer in part thanks to the combined efforts of the U.S. Grains Council (USGC) and the Tanzanian poultry and animal feed industry associations.
The Office of the U.S. Trade Representative announced this week it would begin a reexamination of the U.S.-Korea Free Trade Agreement (KORUS) by formally notifying South Korea the United States will call a special joint committee meeting to discuss the trade agreement and consider changes.
Recent moves to again harden the U.S. trade embargo against Cuba will block near-term sales of U.S. feed grains as well as stymie long-term market development. Despite these factors, the U.S. Grains Council (USGC) plans to continue its long-time work in Cuba, driven by members’ core belief that trade is critical for improving U.S.-Cuba relations and the welfare of the Cuban people.
With the swearing in of Robert Lighthizer as the new U.S. Trade Representative (USTR) on Monday, the United States has its chief negotiator in place to help protect and expand markets for U.S. feed grains and value-added products around the world.
On Thursday, the Trump Administration formally informed Congress it intends to renegotiate the North American Free Trade Agreement (NAFTA). Below is a statement from Chip Councell, chairman of the U.S. Grains Council (USGC) and a farmer on the Eastern Shore of Maryland: