Agriculture Commissioner Doug Goehring today unveiled a new export enhancement program that helps North Dakota exporters of agricultural commodities increase sales while minimizing their risk.
A delegation of 17 cattle specialists from Kazakhstan will tour North Dakota August 19-25 to meet with regional ranchers and livestock experts for training on animal health, breeding and general animal husbandry. This initiative is organized by the North Dakota Trade Office (NDTO) and the Khan-Tengri consulting company in Astana, Kazakhstan. The training session is part of an ongoing livestock initiative between North Dakota and Kazakhstan, as a total of $25 million worth of live cattle have been exported from North Dakota to Kazakhstan since 2010.
A delegation of 20 Chinese buyers and food scientists will tour North Dakota Aug. 11-17 to meet with producers and processors of identity-preserved soybeans and other specialty crops. The reverse trade mission is organized by the North Dakota Trade Office (NDTO) and the United States Department of Agriculture (USDA) Agricultural Trade Office in Beijing.
FARGO, N.D. – Businesses across the state will meet with delegates from China and Kazakhstan in the coming weeks with the goal of selling North Dakota specialty foods and livestock to the Chinese and Kazakh markets, respectively. Twenty Chinese buyers interested in identity-preserved soybeans and other specialty crops will be in the state August 11-15; a delegation of 18 Kazakh livestock buyers will visit North Dakota August 19-25. Both initiatives are organized by the North Dakota Trade Office (NDTO) with help of the USDA Agricultural Trade Office (ATO) in Beijing and the Khan-Tengri consulting company in Astana, Kazakhstan.
In June, North Dakota turned its attention toward trade with our neighbor to the north and largest trading partner, Canada. In 2013, Canada imported $2.7 billion of North Dakotan products, accounting for over 70 percent of the state’s total exports. Although trade with Canada is more simplified than with many other international markets, NDTO focused on assisting North Dakota companies in Canadian expansion through the Canada Trade Mission and the Canadian Farm Progress Show.
Funding for U.S. Export-Import Bank (Ex-Im Bank) is currently a hot-button political issue, which has landed the organization on the Congressional chopping block. If Ex-Im is not reauthorized by Congress before Sept. 30, 2014, it will be unable to originate new loans or accept new credit applications, severly hindering North Dakota exporters abilities to sell their products abroad in a financially secure manner.
North Dakota will host a large delegation of visitors and machinery buyers from around the world Sept. 8-11 at the eighth annual Big Iron International Visitors Program, the international portion of the Big Iron Farm Show designed to assist the state’s agribusinesses in expanding their international sales.
Exporting takes a great commitment of time and resources, but NDTO has found that a little financial support can go a long way – which is why NDTO created STEP ND, a financial reimbursement program designed to assist North Dakota companies in growing their export sales. STEP ND was launched in October 2012 when NDTO received a grant worth $671,437 from the Small Business Administration’s (SBA) State Trade and Export Promotion (STEP) program. By March 2014, those funds were turned into $23.8 million in export revenue and that number is expected to bring an additional $89.2 million in export revenue into North Dakota by September 2014.
A local company was among 65 U.S. firms that received a national award Wednesday for contributing to the expansion of U.S. exports.
CH Trade received the President’s “E” Award for Export Services, which recognizes companies that assist and facilitate export activities.
The Fargo company handles international sales and distribution for Midwestern manufacturers, as an outsourced sales department.
The Canada-Korea Free Trade Agreement (CKFTA) was ratified in March, setting the scenes for significant trade ties between the two countries and leveling the playing field between the US and Canada in the Asian-Pacific markets.