GROWMARK Looks Forward to Increased Trade Opportunities for Farmers

"Farmers need to see a boost in their economy and trade plays a very important role in farm income.”

GROWMARK said the signing of the U.S. China Phase One Trade Agreement is a positive first step in continuing trade with China. International trade is an important component of a strong economy, and continued development of international trade agreements is critical. 

GROWMARK CEO Jim Spradlin attended the signing at the White House earlier this week in his official role as Chairman of the National Council of Farmer Cooperatives. 

“Agriculture needs this agreement and continued work for further enhancements of China trade,” said Spradlin. “Additionally, we are pleased USMCA is awaiting the President’s signature, and we look forward to finding ways to advance trade with other countries. Farmers need to see a boost in their economy and trade plays a very important role in farm income.” 

GROWMARK’s Executive Director of Enterprise Supply Chain Rod Wells also attended the signing in his new role as Chairman of the Agricultural Retailers Association. 

“Being in attendance at the signing of the United States and China trade agreement representing the nations agricultural retailers for the Agricultural Retailers Association was a great honor,” said Wells. “Watching the president sign this important trade agreement among a group that included numerous members of congress, the president’s cabinet and leaders of fortune 500 companies was a remarkable experience.” 

 Farmers have experienced low commodity prices due to challenges with trade agreements and each step toward enhanced trade with China and the passing of the United States, Mexico, Canada Agreement is a step in the right direction for potential commodity price improvement. 

About GROWMARK, Inc.

About GROWMARK, Inc:

GROWMARK is an agricultural cooperative with annual sales of $8.7 billion (FY 2019 data) providing agronomy, energy, facility planning, and logistics products and services, as well as grain marketing and risk management services throughout North America. Headquartered in Bloomington, Illinois, GROWMARK owns the FS trademark, which is used by affiliated member cooperatives. More information is available at www.growmark.com

GROWMARK, Inc.
1701 Towanda Ave.
Bloomington, IL 61701