Southeast Asia Trade Deals Good for U.S. Ethanol

Cindy Zimmerman Leave a Comment

The Trump administration this week announced a series of trade deals and frameworks with several Asian countries, some of which include new market access for ethanol as well as additional opportunities for corn and corn products, like distiller dried grain solubles. U.S. Trade Representative’s Office (USTR) announced that agreements on reciprocal trade were reached with Cambodia and Malaysia, and frameworks for similar deals were secured with Thailand and Vietnam with the goal of eliminating trade barriers to further increase U.S. producers’ competitiveness.

“This is all very good news for the nation’s corn growers,” said National Corn Growers Association President Jed Bower. “Eliminating tariffs on ethanol exports to Malaysia and Cambodia will boost demand. We are encouraged to see that the framework for Thailand included agriculture purchases of corn and DDGS. The announced framework for Vietnam is also promising, as this is already a robust market for DDGS and corn growers are well positioned to supply corn and ethanol as well.”

The today thanked President Trump and administration officials for recent trade announcements important to U.S. farmers and the ethanol producers who partner with them.

“President Trump’s trade actions in Asia this past week are evidence of his clear commitment to promoting American agriculture and renewable fuels around the world,” said Renewable Fuels Association President and CEO Geoff Cooper, noting President Trump’s work this week in Japan.

“Every day, we’re getting closer to Japan fulfilling its commitment to buy $8 billion in U.S. corn, soybeans, rice, ethanol, and other agricultural goods,” said Secretary of Agriculture Brooke Rollins on X. “This announcement capitalizes on our earlier agreements with Japan, opens new markets, and honors the hard work of our farmers, ensuring prosperity for rural communities.”

corn, Ethanol, Ethanol News, Exports

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