Colorado agriculture contributes over $40 billion dollars to the state’s economy every year. In 2016, exports accounted for $1.7 billion, with nearly half of the exports going to our neighbors in Mexico and Canada. Directly and indirectly, food and agriculture products in the state support over 800,000 jobs totaling $38 billion in wages.
The United States is a major player in the world corn trade market, with between 10 and 20 percent of its corn crop exported to other countries. As an industry, U.S. agriculture is a bright spot regarding trade. Since 1960, we have generated a trade surplus and exported more than we have imported! In fact, the U.S. food and agricultural industry supports more than 21 million jobs from coast-to-coast, provides more manufacturing jobs than any other U.S. manufacturing sector, and accounts for 20 percent of the U.S. economy.
Trade agreements enable countries to trade more fairly. For agriculture this includes expanding exports of American agriculture products, providing a better exchange and cooperation on agricultural biotechnology, and dispute resolution between parties. CCAC has developed relationships with two key organizations that help them in the realm of trade: U.S. Grains Council and U.S. Meat Export Federation.