US-Japan trade agreement to promote increased ethanol, DDGS and corn exports

In Japan, the final US-Japan Trade Agreement solidifies trade with Japan by maintaining a zero duty on imports of corn for feed and eliminating a three percent tariff for corn other than feed. Japan will also eliminate U.S. sorghum tariffs, which are as high as three percent, and reduce a mark-up on barley for feed. The agreement also includes a staged reduction for U.S. ethanol and U.S. corn, barley and sorghum flour. The agreement also preserves duty-free market access for U.S. feed and food corn, corn gluten feed and dried distiller’s grains with solubles (DDGS).