U.S policy with Cuba important for trade

by | Jun 19, 2017 | Ohio Country Journal

In response to the Trump Administration announcement on the U.S. not lifting sanctions with Cuba, the National Corn Growers Association wants to emphasize the potential importance of Cuba as a trading partner.

Cuba should be an easy market for U.S. corn farmers. Instead, that market has gone to our competitors ? costing us an estimated $125 million in lost opportunity each year. If trade with Cuba were normalized, it would represent our 11th largest market for corn. Instead, we have just 11% market share in a country only 90 miles from our border. At a time when the farm economy is struggling, we ask our leaders in Washington not to close doors on market opportunities for American agriculture.