The Indiana Soybean Alliance and Indiana Corn Growers Association are praising the United States Senate for passing Trade Promotion Authority legislation. The organizations say the proposal would open up more export markets for the state's agricultural sector.
Statement from Indiana Soybean Alliance President Dave Lowe
“Indiana soybean farmers know trade is important for what we do. We send every fourth row of soybeans grown in the state to China, and we should be opening up more markets to our products. Trade Promotion Authority is an important step to finalizing new trade agreements with countries in the Pacific Rim, called the Trans Pacific Partnership (TPP).
In 2013, Indiana's top agricultural exports were $1.7 billion of soybeans, $442 million of soybean meal, $429 million in feeds and fodder, $410 million of corn and $307 million of pork. And every dollar of agricultural export creates an additional $1.27 in business activity for our economy.
We thank Senator Dan Coats for his support of this important legislation and we encourage all Indiana farmers to call their Congressman and encourage them to support TPA in the House of Representatives.”
Statement From Indiana Corn Growers Association President Herb Ringel
“Trade Promotion Authority is a vital step in completing important global trade deals for farmers, like the Trans Pacific Partnership. Indiana corn farmers export over $410 million dollars of corn every year. Finalizing deals like TPP will mean more exports of our corn crop and a stronger economic situation for rural communities all across Indiana. We thank Senator Dan Coats for his support and leadership on this important issue for Indiana farmers. We look forward to working with Indiana's members in the House of Representatives to secure passage and send TPA to the President's desk.