Trade headlines Grains Council meeting

USTR Ambassador Tai offers update on Mexico biotech policy and China Phase 1 shortfalls.

Compiled by staff

February 15, 2022

3 Min Read
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TAI TALKS TRADE: U.S. Trade Representative Katherine Tai offered a recorded welcome message to attendees at the U.S. Grains Council International Marketing Conference where she discussed relations with Mexico, China Phase 1 shortfalls and the importance of new market diversification.US Grains Council

Members of the U.S. Grains Council gathered in-person in Greenville, S.C., and virtually for their first day of the Council’s 19th International Marketing Conference and 62nd Annual Membership Meeting, Feb. 14-16, 2022, and began to set their sights on post-pandemic market development strategies for 2022.

“My theme for this year, Together in Trade, reflects both the opportunities and challenges of the current trade environment,” said USGC Chairman Chad Willis, a corn farmer from Wilmar, Minn. “At this meeting, we gather to discuss issues facing our industry and explore future demand for feed grains, distiller’s grains and ethanol around the world, including three drivers of global demand that impact every market in which we work – trade policy, China and global shipping.”

Monday speakers addressed 240 attendees, focused on the trade landscape and the current state of our trading partnerships around the world.

U.S. Trade Representative Katherine Tai offered a recorded welcome message to attendees, that covered relations with Mexico, China and the importance of new market diversification.

“I’ve raised several issues directly with officials in Mexico City, including authorization of new biotech products, energy policies that promote fair competition and agricultural sustainability,” Tai said. “The best way to resolve challenges like these…is to have honest and candid conversations to find areas of alignment and to break logjams.”

Tai also addressed China’s commitment shortfall regarding its purchases under the Phase 1 Agreement.

“We have been holding direct conversations with China over the last several months to hold China accountable for the agricultural commitments made in the Phase 1 Agreement…It is clear that China’s purchases have not fully met the level committed under the agreement and that’s why we have been actively engaged with our counterparts in Beijing about how they plan to address these shortfalls.”

To highlight the importance of not relying on just a few trading partners, Tai also mentioned her office has been working to expand market diversification by developing an Indo-Pacific economic framework while at the same time supporting agricultural sustainability to keep U.S. farmers on the cutting edge of global leadership in these practices.

“You can count on USTR to continue pressing our trading partners to follow a predictable science and risk-based approach in these areas,” she said.

Before Tai’s presentation, attendees were greeted to Greenville by Mayor Pro Tem Lillian Flemming and heard from Council President and CEO Ryan LeGrand as he welcomed conference-goers to the meeting and presented a state of the Council message.

“Exports of our products have seen a major resurgence this year. The gains can largely be attributed to the quality of the commodities you, the producer, supply, and the work of Council agribusiness members and our staff in our extensive network that stretches around the world and back again,” LeGrand said. “It’s so exciting to see our combined efforts have led to record sales and shipments in several markets across many of the products we promote overseas.”

The day continued with speakers who addressed U.S. export challenges, including an in-depth discussion about top trading partner, China, and the status of worldwide sea logistics.

Jason Hafemeister, USDA’s acting deputy undersecretary for trade and foreign affairs, offered an overview of export and trade policy challenges and opportunities for the U.S. agricultural sector; Sharon Yuan, president of the Asia Group, shared the trade outlook on China and what future relations between the U.S. and China could look like; Bill Rooney, vice president of strategic development for Kuehne & Nagel, gave an update on the current state of global shipping and transportation management and what it means for the United States; and the first general session ended with an address from John Lummus, of the Upstate SC Alliance, who spoke to the importance of international investment and trade in South Carolina.

The meeting continues tomorrow and Wednesday and includes more than nine hours of Council Advisory Team (A-Team) and sector meetings, topical committees comprised of Council members who help set the direction of the Council’s efforts over the next year.

The U.S. Grains Council is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset. 

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