semo regional corn meeting december 13,...
TRANSCRIPT
SEMO Regional Corn MeetingDecember 13, 2017
• Funded by over 2,000 members
• Policy and regulatory issues
• Funded by over 15,000 corn farmers in MO
• Market Development
• Consumer Outreach
• Education and Research
Market Development Success Stories• 30% increase of U.S. corn exports to
Japan – 530 million bu.
• Turkey doubles purchases of US DDGS –1.3 mmt
• Corn to Taiwan hit highest level in 7 yrs. – 116 million bu.
• South Korea set a 6 yr high for U.S. corn imports – 221 million bu.
• India sets new ethanol import record –up nearly 100% this MY
• Saudi Arabia doubles corn purchases –84 million bu.
Trade policy Success Stories and Challenges
• DDGS exports to Vietnam resume
• China adopts E10 policy for 2020
• China drops VAT on US DDGS
• Mexico adopts E10 policy• Ontario moving to E10• MAIZALL
• Mexico E10 lawsuit• Brazilian ethanol tariff
imposed• FMD/MAP• NAFTA• KORUS
Federal Update
• 2018 (Or is it 2019?) Farm Bill
• Tax Reform
• RFS
• Waterways Infrastructure
Farm Bill Priorities
1. Protect crop insurance
2. Double FMD/MAP Funding
3. Title I – update or modernize base acres
4. Conservation programs – focus on working lands
Federal Update
• 2018 (Or is it 2019?) Farm Bill
• Tax Reform
• RFS
• Waterways Infrastructure
MO Legislative Session• State Tax Commission
tax increase
• Lake Numeric Nutrient Criteria
• MO Clean Water Laws
• Red Tape Reduction
MCGA Annual Meeting and Lobby DayTuesday, January 23, Jefferson City
3118 Emerald Lane
Jefferson City, MO 65109
(800) 827-4181
www.mocorn.org
www.Facebook.com/MissouriCorn
www.Twitter.com/MissouriCorn
www.YouTube.com/MissouriCorn