A recent USDA report shows the United States Peru trade agreement has been key in increasing bilateral trade in food and ag products since it went into effect six years ago. South Dakota Corn Growers President Keith Alverson, who serves on the National Corn Growers Board of Directors, says the Peru FTA has paid big dividends for farmers all across the United States.
Alverson credits the work of the U.S. Grain Council in being instrumental in helping build those markets abroad which has helped build demand for U.S. corn.
During this marketing year Peru has accumulated exports of more than 75 million bushels of U.S. corn compared to 43 million bushels last year at this time.
