Scuse leads trade mission to Turkey
June 07, 2013 | 07:58 PM
Acting Deputy Secretary of Agriculture Michael Scuse is leading a mission to promote U.S. agricultural exports to Turkey, beginning Monday.
Representatives from the states of Iowa, Minnesota, Missouri, Nebraska, North Dakota, and Pennsylvania, as well as 20 U.S. companies are participating, USDA said in a news release.
During the mission, the USDA delegation will travel to Istanbul and Ankara.
In fiscal year 2012, two-way agricultural trade between the two countries reached more than $2.4 billion, with U.S. exports accounting for more than 75 percent of the total — a significant contribution to the U.S. agricultural trade surplus, USDA said.
Turkey is also the second-largest country participant, behind South Korea, in USDA's GSM-102 program, which provides credit guarantees to encourage financing of commercial exports of U.S. agricultural products while providing competitive credit terms to buyers. In FY 2012, GSM-102 supported sales of approximately $700 million in agricultural commodities to Turkey, including 70 percent of all U.S. soybean and soybean meal exports to Turkey and 35 percent of all cotton.
“Turkey is the 10th largest market for U.S. agricultural exports,” North Dakota Agriculture Commissioner Doug Goering, one of the participants in the trip, noted in a news release issued by his office.
“Their agricultural imports include soy meal, feed ingredients, dry beans and pulses, and there is a growing demand for U.S. livestock and genetics to develop Turkey’s domestic livestock industry. North Dakota can supply all of these.”