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RFA Applauds House Approval of USMCA

December 19, 2019

Congress, Markets, Trade, White House

           

The Renewable Fuels Association today lauded a vote by the U.S. House of Representatives approving the United States-Mexico-Canada Agreement (USMCA), a crucial trade pact that will benefit U.S. ethanol producers and rural economies across the nation. New fact sheets released today by RFA highlight the significance of the Canadian and Mexican export markets to U.S. ethanol producers. RFA President and CEO Geoff Cooper offered the following statement: Americas ethanol producers are encouraged by the approval of USMCA in the House, and we urge the Senate to act swiftly to ratify the agreement. Canada and Mexico are among our most important and reliable export markets for both ethanol and distillers grains, and we look forward to strengthening our trading relationship with the two countries. USMCA is a good deal for the U.S. ethanol industry, the farmers who support us, and our industrys partners in Canada and Mexico. In 2018, Canada ranked second for ethanol exports from the United States, purchasing 350 million gallons, and ranked in the Top 10 for distillers grains. Canada has imported more ethanol from the United States since 2012 than any other country in the world. Click here for more information. Mexico was the top export market for U.S. distillers grains in 2018, importing more than 2 million metric tons, and ranked in the Top 10 for ethanol exports. Click here for more information.