National Corn Growers Association (NCGA) President Lynn Chrisp made the following statement in response to tweets from President Trump announcing tariffs on all Mexican imports beginning June 10, in an effort to stop illegal immigration.
“NCGA strongly urges the President to rethink applying new tariffs to Mexican goods and to reconsider using tariffs to address non-trade issues. Mexico is the top customer for U.S. corn. Corn farmers want to continue working with the Administration and Congress to ratify the new U.S.-Mexico-Canada Agreement and pursue new trade agreements. The recent deal to lift steel and aluminum tariffs on Mexico and Canada was an important breakthrough for USCMA but new tariffs threaten to reverse that progress. Amid a perfect storm of challenges in farm country, we cannot afford the uncertainty this action would bring.”
Mexico was the top market for U.S. corn in 2017/2018, with corn and corn product exports valued at $3.3 billion. Corn exports to Mexico reached a record high of 15.7 million tons (618 million bushels), up nearly 13 percent from 2016/2017. Mexico was also the top buyer of U.S. distiller’s dried grains with solubles (DDGS), purchasing 2.13 million tons in 2017/2018 – up 3 percent year-over-year.