Soybeans. Tariffs are already low in TPP markets, but soybean producers will benefit from reduced meat tariffs that are expected to create new feed demand. Japan, Malaysia, and Vietnam will eliminate tariffs on soybean oil and soybean meal.
Soybeans. U.S. soybean growers maintain access to Mexico, their #3 customer, and to a combined market totaling nearly $2.1 billion in 2018.
Soybeans. U.S. soybean growers maintain access to Mexico, their #3 customer, and to a combined market totaling nearly $2 billion in 2018. Corn U.S. corn farmers maintain access to Mexico, their #1 customer, and to a combined market totaling nearly $3.4 billion (27% of total export sales) last year. Wine and Spirits The three countries agree to avoid technical barriers to trade through non-discrimination and transparency regarding sale, distribution, labeling, and certification of wine and distilled spirits. Top U.S. Agricultural Exports to Canada and Mexico, 2018 1 Corn ($3.4 billion) 2 Prepared Foods ($2.6 billion) 3 Fresh Fruit ($2.1 billion) 4 Pork & Pork Products ($2.1 billion) 5 Dairy Products ($2.0 billion) 6 Fresh Vegetables ($2.0 billion) 7 Soybeans ($2.0 billion) 8 Beef & Beef Products ($1.8 billion) 9 Snack Foods ($1.7 billion)
Soybeans innovation and reduce trade-distorting policies. U.S. soybean growers maintain access to Mexico, their #2 customer, and to a combined market totaling more than $1.7 billion in 2017. Geographical Indications The agreement institutes a more rigorous process for establishing geographical indications (GIs) and lays out additional factors to be considered in determining whether a term is a common name. Sanitary/Phytosanitary Measures The agreement strengthens disciplines for science-based measures that protect human, animal, and plant health while improving the flow of trade. Corn U.S. corn farmers maintain access to Mexico, their #1 customer, and to a combined market totaling nearly $2.8 billion (almost 30% of total export sales) last year.
Soybeans. The following conditions apply to Soybeans:
Soybeans. Tariffs are already low in TPP markets, but soybean producers will benefit from reduced meat tariffs that are expected to create new feed demand. Japan, Malaysia, and Vietnam will eliminate tariffs on soybean oil and soybean meal. Rice Japan, which excluded rice from its prior trade agreements, will establish a new, duty-free quota for U.S. rice. Malaysia and Vietnam will eliminate tariffs. Cotton Vietnamese tariffs, currently as high as 10%, will be eliminated. Japanese and Malaysian tariffs will be locked in at 0%. Poultry and Products Japan and Vietnam will eliminate tariffs. Malaysia will establish tariff-rate quotas for live chicks, poultry meat, and eggs.
Soybeans. Indiana’s soybean industry produced $3.4 billion in cash receipts in 2014. TPP passage is expected to increase soybean cash receipts by $40.4 million per year, which is driven by a $22.7 million per year increase in direct exports to TPP countries. Japan’s soybean meal tariffs, currently as high as
Soybeans. U.S. soybean growers maintain access to Mexico, their #3 customer, and to a combined market totaling nearly $2.1 billion in 2018. Fruits The agreement updates origin rules for processed fruits to assure that preferences benefit U.S. producers. Corn U.S. corn farmers maintain access to Mexico, their #1 customer, and to a combined market totaling nearly Top U.S. Agricultural Exports to Canada and Mexico, 2018 1 Corn ($3.4 billion) 6 Fresh Vegetables ($2.0 billion) 2 Prepared Foods ($2.6 billion) 7 Soybeans ($2.0 billion) 3 Fresh Fruit ($2.1 billion) 8 Beef & Beef Products ($1.8 billion) 4 Pork & Pork Products ($2.1 billion) 9 Snack Foods ($1.7 billion) 5 Dairy Products ($2.0 billion) 10 Poultry & Eggs ($1.6 billion) $3.4 billion (27% of total export sales) last year. Top U.S. Agricultural Exports to Canada and Mexico, 2018 1 Corn ($3.4 billion) 2 Prepared Foods ($2.7 billion) 3 Fresh Fruit ($2.2 billion) 5 Pork & Pork Products ($2.1 billion) 6 Dairy Products ($2.0 billion) 7 Fresh Vegetables ($2.0 billion) 8 Beef & Beef Products ($1.8 billion) 9 Snack Foods ($1.7 billion) 10 Poultry & Eggs ($1.6 billion)
Soybeans. Arkansas’s soybean industry produced $1.6 billion in cash receipts in 2014. TPP passage is expected to increase soybean cash receipts by $25.3 million per year, which is driven by a $14.2 million per year increase in direct exports to TPP countries. Japan’s soybean meal tariffs, currently as high as
