U.S. pork and beef exports continued to trend above year-ago levels in June, capping a very strong first half of the year. According to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF), exports also achieved higher values on a per-head-slaughtered basis and accounted for a steady-to-higher percentage of total production. June beef exports were the …
Labor Contract Extension Important Development for Red Meat Exports
Last Friday, the International Longshore and Warehouse Union (ILWU) announced its members have approved a three-year labor contract extension covering longshoremen at 29 U.S. West Coast ports. According to a story from Joe Schuele with the U.S. Meat Export Federation (USMEF), this is an important development for red meat exports. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New …
Cuba, Houston, Sign Port Agreement
The Port Authority of Houston, Texas and its counterpart in Cuba have signed an agreement of “friendship and commercial cooperation.” The agreement between the two launches an opportunity to “continue trade in agricultural products between the U.S. and Cuba,” according to the Houston Port Authority. The PanAm Post reports that the agreement seeks to facilitate and promote trade, generate new …
U.S. Frozen Beef Tariff Increase Starts in Japan
Late last week, Japan announced its “safeguard” tariff on frozen U.S. beef, increasing the tariff from 38.5 percent to 50 percent. The new rate begins today, August 1, and will last through March 31, 2018. The United States beef industry says had the Trans Pacific Partnership agreement been in effect, or if the U.S. had a bilateral trade deal with …
Perdue: No Signs Mexico Will Buy South America’s Corn, Soybeans
While in Mexico Friday, U.S. Agriculture Secretary Sonny Perdue said he has no indication that Mexico will buy corn and soybeans from Argentina and Brazil or other countries. Perdue met with counterparts in Mexico to discuss trade and told reporters following the discussion that it was understandable Mexico would make inquiries to other nations, but he sees no signs of …
Trucks Carry Majority of NAFTA Freight
Trucks carry more freight between the U.S., Mexico, and Canada under the North American Free Trade Agreement than railcars. The Department of Transportation’s Bureau of Transportation Statistics last week reported that trucks carried 63.4 percent of NAFTA freight between May 2016 and May 2017. U.S.-NAFTA freight totaled $98.2 billion during that time, with trucks accounting for $32.2 billion of the …
Japan Beef Tariff Increase Highlights Need for Trade Agreement
The National Cattlemen’s Beef Association says the increased tariff on beef imports to Japan underscores the “urgent need” for a bilateral trade agreement between Japan and the United States. Japan announced it would increase the tariff on frozen beef imports from 38.5 percent to 50 percent until April 2018. NCBA President Craig Uden says the tariffs “unfairly distort the market …
Secretary Perdue Regarding Japan’s Planned Increase of Tariff on U.S. Frozen Beef
The government of Japan has announced that rising imports of frozen beef in the first quarter of the Japanese fiscal year (April-June) have triggered a safeguard, resulting in an automatic increase in Japan’s tariff rate under the WTO on imports of frozen beef from the United States. The increase, from 38.5 percent to 50 percent, will begin August 1, 2017, …
Japan to Increase Tariff on U.S. Frozen Beef
It has been announced by the government of Japan that rising imports of frozen beef in the first quarter of the Japanese fiscal year (April-June) have triggered a safeguard, resulting in an automatic increase in Japan’s tariff rate under the WTO on imports of frozen beef from the United States. The increase, from 38.5 percent to 50 percent, will begin August …
China Sets Ban on Australian Beef imports
China has imposed a temporary beef ban on the products from six Australian processors. A Meating Place Dot Com report says the concern is regarding label non-compliance. Australian government officials have confirmed the ban is in place, vowing to work closely with the country’s beef industry and Chinese officials to get the ban resolved. The dispute doesn’t involve food safety …