Mexico trade team visits Nebraska
A Mexican grain/industry team is visiting Nebraska to discuss the importance of the North American Free Trade Agreement (NAFTA) between the United States, Canada and Mexico.
While in Nebraska, the group will participate in town hall meetings, industry and government meetings.
“They will be in Nebraska the next couple of days visiting with industry professionals and government leaders to really look at the importance of agriculture trade,” said Kurtis Harms with the Nebraska Corn Board.
Mexico is an important customer to U.S. agriculture and ranks as our second largest export market. Corn is Mexico’s number one agricultural import from the United States.
“If you look at the corn market, last year we exported 13.3 million metric tons of corn to Mexico,” said Harms. “That dollar value is roughly 2.5 billion dollars.”
This partnership is also important to the Cornhusker state. In Nebraska alone, corn exports to Mexico are valued at $287 million.
“In 1993, when NAFTA was getting started, export values were at roughly at 8.9 billion dollars,” said Harms, “That number has more than quadrupled. In 2015, it was at roughly 38.9 billion dollars—so very substantial to Nebraska.”
Representatives from the Governor’s Office, Nebraska corn industry, National Corn Growers Association, and the U.S. Grains Council will hold a press conference at 2:00 p.m. to welcome the team to the United States.
They will deliver brief remarks before taking questions. We will have more coverage on 1011now.com throughout the day.