China increased agricultural imports in the past year with corn imports alone almost tripling in volume from 2020. Corn is also one of the biggest untapped trade markets for U.S in potential growth. “We’ve seen a huge increase in corn because China’s banned the practice of swill feeding hogs and those big confinement operations feed them typically corn and soybean meal,” said Aimpoint Research Chief Economist Gregg Doud. Another area of growth was with dairy products. “Before we started these negotiations with China, we had about 1,500 facilities in the United States that were eligible to export their products to China. Today, we have well over 4,000 facilities that are eligible.” Doud, who is the former chief agricultural trade negotiator for the U.S. Trade Representative’s Office, spoke at the AgCountry Marketing Day.
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