The Illinois Soybean Growers (ISG) is pleased the U.S. Senate passed Trade Promotion Authority (TPA) to keep critical U.S. trade negotiations in Europe and around the Pacific moving forward.
“It is important that the soybean growers we represent have access to the global marketplace,” said Mike Levin, ISG director of issues management analysis. “Global customers demand soybeans high in protein and oil, and Illinois soybean farmers can deliver.”
In 2012, Illinois soybean exports were worth $3.3 billion and more than 39 Illinois companies employ people who sell Illinois soybeans overseas. Without TPA paving the way for international trade negotiations, Illinois agriculture would not be as successful.
According to the U.S. Census Bureau, the U.S. exported more than $100 billion in goods in 2011 to countries involved with the Trans-Pacific Partnership (TPP), including Canada, Mexico, Chile and more. Thanks to TPA, TPP and Transatlantic Trade and Investment Partnership (TTIP) negotiations in Europe can continue, opening important global markets that create jobs and profitability for U.S. farmers and businesses.
“While it should have come sooner, we appreciate the Senate for this positive step forward in trade negotiations,” Levin said. “Now we urge the U.S. House of Representatives to quickly pass the measure.”
Illinois Soybean Growers (ISG) is a membership organization serving more than 45,000 Illinois soybean growers. ISG provides advocacy in Springfield and Washington, D.C., to promote the interests of soybean farmers, and research, promotion and education programs that enhance soybean production and use. For more information, visit the website www.ilsoygrowers.com.
For more information, contact:
Director of Communications
Director of Issues Management Analysis