US - On 12 February 2015, a bipartisan group of lawmakers led by Senator Amy Klobuchar (D-MN) introduced major legislation that would end the US trade embargo of Cuba.
The bill would end the restrictions on US companies doing business in Cuba that have been in place since 1961. Senators Mike Enzi (R-WY), Debbie Stabenow (D-MI), Jeff Flake (R-AZ), Patrick Leahy (D-VT), and Dick Durbin (D-IL) co-sponsored the bill.
The National Association of Wheat Growers (NAWG) and US Wheat Associates (USW) are pleased to see bipartisan Congressional progress being made, and look toward a speedy and permanent end to the Cuban trade embargo.
NAWG and USW are members of the US Agricultural Coalition for Cuba, which also endorsed the legislation.
“It is refreshing to see our nation’s lawmakers reaching across the aisle to produce real and meaningful change. Increased trade with Cuba has great potential for US wheat growers,” commented NAWG president Paul Penner.
Cuba's 11 million people consume close to one million metric tons of wheat each year. It is the largest wheat market in the Caribbean, but it currently purchases almost all of that wheat from the European Union and Canada.
Cuba could import at least 500,000 metric tons of wheat from the United States each year but has not purchased U.S. wheat since 2011.
Under the current embargo, the United States can export agricultural products to Cuba through the use of third-party banking institutions, which makes facilitating trade burdensome and often more expensive.
“The farmer directors of NAWG and USW recently renewed a call to end the Cuban trade embargo," said USW President Alan Tracy.
"We support the bipartisan effort in the Senate that moves us one step closer to seeing US wheat flowing to our Cuban neighbors again.”
TheCropSite News Desk