by Ben Nuelle LISTEN: Money Matters 7-27-16
U.S. Grain Council members wrap up their summer meeting in the Louisville today.
USGC delegates heard from a variety of speakers on the topic of trade at their annual grain meeting. Alan Tiemann is chairman of the U.S. Grains Council. He says the importance of trade is extreme.
“It comes all the way down to individual farms and profit and loss margins. We’re going to focus a lot in this meeting on trade agreements like TPP.”
Known as the Trans-Pacific Partnership, this trade agreement is among twelve Pacific Rim countries. Both presidential candidates oppose this trade agreement. Tiemann says also with the lame duck congress it’s going to be an uphill battle to get this through.
“The big picture is trade works. We’re in a global economy and we need trade. We cannot shut off trade. The TPP obviously benefits agriculture [but] there are winners and losers in every trade agreement. We need to make our voice heard [on] how important trade is to the agriculture community.”
He says USGC members also focused on ethanol which Tiemann calls the shining star for Ag exports.
This is the 56th year for the USGC Annual Board of Delegates Meeting.