Ethanol Blog
Trade Deal Could Aid Grain, DDG Exports
The Trans Pacific Partnership could expand U.S. trade in a number of export markets, including distillers grains, according to an article by WSIL-TV in Carterville, Illinois (http://bit.ly/…).
The trade deal could potentially expand trade between the U.S. and 12 key export markets that have been previously protected, including Japan, Mexico and Malaysia.
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The TPP could be good news for a variety of industry, including grains and livestock, and could give the U.S. a presence in new market places.
Since dried distillers grains are widely used in the beef, dairy, swine and poultry industry, both in the U.S. and a growing number of countries that import DDG, the trade deal could indirectly benefit ethanol producers as well.
Although the TPP had a victory in the Senate, it has faced more opposition in the House, which could act on the bill when it returns from a break next week.
Cheryl Anderson can be reached at Cheryl.anderson@dtn.com
(ES)
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