In response to the Trump Administration announcement on the U.S. not lifting sanctions with Cuba, the National Corn Growers Association wants to emphasize the potential importance of Cuba as a trading partner.
Cuba should be an easy market for U.S. corn farmers. Instead, that market has gone to our competitors — costing us an estimated $125 million in lost opportunity each year. If trade with Cuba were normalized, it would represent our 11th largest market for corn. Instead, we have just 11% market share in a country only 90 miles from our border. At a time when the farm economy is struggling, we ask our leaders in Washington not to close doors on market opportunities for American agriculture.