USGC Emphasizes Commitment to Mexican Trading Partnership

Business News/Analysis, Mexico, Opinions, Policy

July 17, 2018

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(U.S. Grains Council/Ethanol Producer Magazine) The election of Andrés Manuel López Obrador, a left-of-center populist, as Mexico’s next president on July 1 will add new elements to the already-complex U.S.-Mexico trading relationship, negotiations for a revised North American Free Trade Agreement and the global grains marketplace.

In the midst of this political and market ambiguity, the U.S. Grains Council remains committed to defending and maintaining the long-standing partnership with top customers in Mexico.

“Mexico is the most important global market for U.S. grains and related products, supported by the most valuable trade agreement in place for U.S. grain producers and exporters—NAFTA,” said Tom Sleight, USGC president and chief executive officer. “Last year, Mexico was the top buyer for U.S. corn and distillers dried grains with solubles, a strong market for U.S. sorghum and barley and an emerging market for U.S. ethanol.”

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The proposed minister of agriculture, Victor Villalobos, is a plant scientist and former official at the Mexican Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food, familiar to U.S. agriculture organizations. READ MORE

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