American Ag trade

Opportunities for ag trade in two South American nations. Argentina and then to Ecuador, both of which signed agreements on reciprocal trade with us, eliminating significant trade barriers, reducing tariffs as well for U.S. producers to get their products into those two markets. Agriculture Department Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg on trade reciprocity for U.S. Manufacturers and Producers mission, he notes both markets are unique and as such, present various opportunities for U.S. farm and food exports. The Argentine market is both a competitor and a partner of ours, and we compete certainly on things like soybean meal exports all around the world. But the Argentines also look at the world similarly in terms of how we have a scientific basis for production agriculture. We had some very productive conversations about ways we can work together, but also the agricultural associations and cooperators, the agribusinesses that joined us on this mission. We're looking to take advantage of some of these significant reductions in tariffs and other things negotiated into the agreement with Argentina. Argentina is the largest per capita consumer of meat products in the world. And so we certainly want to be able to sell those products down to Argentina as part of this agreement and look forward to those opportunities. As for the potential of Ecuador's marketplace for American ag exports. Speaker 2: A lot more complementarity with Ecuador.