U.S. corn shippers applaud Canadian trade decision
The U.S. Corn Coalition praised a final ruling by the Canadian International Trade Tribunal on Tuesday, which determined Canadian corn producers are not negatively impacted by imports of unprocessed U.S. corn.
The decision comes in response to allegations that U.S. dumping and subsidizing of grain corn harms Canadian producers.
The tribunal’s ruling, effective immediately, is in response to a determination in March by the Canadian Border Services Agency, which recommended an import duty of $1.47 per bushel of U.S. corn be imposed for up to five years.
The coalition, whose members include the American Farm Bureau Federation, Corn Refiners Association, National Corn Growers Association, and U.S. Grains Council, said the tribunal’s ruling “upholds the integrity of international trade law and ensures Canada will have enough corn to satisfy its domestic needs.”
According to the U.S. Department of Agriculture, exports of unprocessed U.S. grain corn to Canada account for more than $200 million in annual sales.
U.S. corn shippers applaud Canadian trade decision
