(NAFB.com) – The National Corn Growers Association applauded the new bilateral trade agreement that increases access for American agricultural products to the United Kingdom, including ethanol. During the announcement, officials indicated tariffs on U.S. ethanol will drop to zero. “This is great news,” says NCGA President Kenneth Hartman Jr. “We hope they continue to include corn and ethanol in future bilateral agreements.” The deal will create an opportunity of up to $5 billion in new exports for U.S. farmers. “It is a huge win that will allow further expansion into our second-largest market for ethanol,” says U.S. Grains Council President and CEO Ryan LeGrand. “It’s a crucial step forward in the positive relationship between the two countries.” It’s especially great news for ethanol after recent record American ethanol exports to the U.K. “We could see another record that will benefit American farmers, biofuel producers, and U.K. consumers,” says Growth Energy CEO Emily Skor.
