Boise--Big news from the G7 summit this morning in France. The US and Japan have worked out a tentative trade deal that'll keep Idaho wheat flowing into to Japan for years to come.
“This trade agreement benefits Idaho growers by ensuring that the Japanese market remains open to wheat grown in the U.S.,” said Ned Moon, chairman of the Idaho Wheat Commission.
Japan is key export market for Idaho Farmers since the 1950’s.
“We’ve worked on this deal with Japan for a long time,” said Trump from the G-7 summit this morning in Biarritz, France.
“It involves agriculture and it involves e-commerce and many other things. It’s a very big transaction, and we’ve agreed in principle, said Japanese Prime Minister Shinzo Abe.
Over the past half century, US wheat farmers built a strong demand for specialty wheat among Japan’s flour millers using several classes of the grains grown in Idaho, the Pacific Northwest and the Midwest.
“Idaho growers have exported wheat to Japan for more than six decades. Japan typically sends a trade team to Idaho each year and the Japanese flour mills particularly prefer soft white wheat, which is ideal for their sponge cakes and pastries,” said Moon