KEY MESSAGE: Trade is important to Wisconsin corn growers. We export about 10 percent of what we produce – that’s 50 million bushels. Exports of Wisconsin corn contribute more than $300 million to the state’s economy. Trade agreements like the Trans Pacific Partnership (TPP) are important and needed for agriculture.

  • The Asia-Pacific region represents 40 percent of the world’s economy, which is a huge opportunity for American agriculture.
  • The TPP agreement will provide new market access through elimination or significant reductions in tariffs on some commodities while establishing preferential tariff rate quotas on others.
  • Corn and corn co-products have relatively low or duty-free tariffs to the TPP partner countries, so the agreement will ensure these products remain duty-free.
  • But, the biggest benefit to corn growers will be more indirect, with high tariffs being phased out on other U.S. products that require corn for production, including meats, dairy and ethanol.

AL 1-Corn Exports -Twitter

TPP for WI ag letter