China Major Midwest Partner


China remains a major importer of Midwestern agricultural products, continuing a long-term trend that has helped grow the state’s agricultural industry.
International trade has been one of the few consistently bright spots in the US economy. Even in the midst of one of the worst economic crises in recent memory, farm production remains high with farm profits constantly on the rise. At the heart of this economic success is a vibrant export industry, one that ships US farm products all over the globe.
In Iowa, Chinese consumption has been a major part of the state’s economy. Recent estimates suggest that about 2,500 Iowa companies export their products overseas. Of these companies, those selling American agricultural products have increased trade with China by more than 80 percent over the last three years.
In order to further cement international ties between China and Iowa, Governor Terry Branstad, along with several other governors, travelled to China to promote agricultural goods.
“Our meeting lasted over 45 minutes. President [of China] Xi [Jinping] spoke highly of his history with the state and the people of Iowa,” Branstad said of the meeting. “He even recalled the menu from the state dinner we held on Feb. 15, 2012, and the delicious corn, soybean, pork and beef that we ate.”
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Written by: Justin Ellison / Farm Plus Staff Writer