The U.S. Grains Council is praising the recently announced trade deal with South Korea.
Advisory Trade Policy Team Lead and Michigan farmer Chris Creuger tells Brownfield farm profitability is the number one concern of growers.
“We’d sure love to see a turnaround in a rally in the markets, back to some more profitable levels,” he shares.
The Trump administration says South Korea has agreed to purchase an additional $100 billion in liquified natural gas and other energy products as part of their agreement.
Creuger says farmers benefit from having a diverse mix of trading partners.
“To me, the importance is always having a wide and a deep bench, so to speak, of trading partners and avenues for our grain to go,” he says.
South Korea was the fifth-largest trading partner in grains in all forms in the last marketing year, and sixth in both U.S. corn and ethanol.
