Numbers from the U.S. Department of Commerce say exports of U.S. pork are on pace to top 2020’s record total of $7.7 billion. From January through November, the U.S. pork industry shipped more than $7.5 billion worth of products to foreign destinations, compared to just over $7 billion from the same period in 2020. The top five markets for American …
India Agrees to Allow Imports of U.S. Pork
U.S. Secretary of Agriculture Tom Vilsack and Trade Representative Katherine Tai announced Monday that the government of India has agreed to allow imports of U.S. pork and pork products into India, removing a longstanding barrier to U.S. agricultural trade. This news follows the successful revitalization of the U.S.-India Trade Policy Forum held in New Delhi in November 2021. The National …
Trade Update Shows Rising U.S. Exports
The new fiscal year is off to a blistering start when it comes to U.S. agricultural export sales. According to a story from Gary Crawford, a new report shows the overall level of global trade in agricultural products is rising. Bart Kenner, USDA economist, with some key agricultural numbers for the first eleven months of 2021.
November Beef Exports Set New Value Record
According to data released late last week by the U.S. Department of Agriculture that was compiled by the U.S. Meat Export Federation (USMEF), beef export value reached another new high in November. It actually topped the $1 billion mark for the second time in 2021. November pork exports, while a bit lower than a year ago, saw year-to-date export values …
Dairy Trade Dispute Panel Sides with U.S. Over Canada
The National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC) is celebrating a landmark decision which found Canada is improperly restricting access to its market for U.S. dairy products in violation of its U.S.-Mexico-Canada Agreement (USMCA) tariff-rate quotas (TRQs) commitments. The case is the first of any kind brought before a USMCA Dispute Settlement Panel and was launched with …
Agriculture Secretary Tom Vilsack on USMCA Dairy Panel Ruling
(WASHINGTON, Jan. 4, 2022) — “Today, the U.S. Trade Representative announced that the United States has prevailed in the first dispute settlement panel proceeding under the United States-Mexico-Canada Agreement (USMCA). The panel agreed with the United States that Canada is unfairly restricting access to its market for U.S. dairy products by breaching its USMCA commitments regarding allocation of dairy tariff rate quotas (TRQs). …
United States Prevails in USMCA Dispute on Canadian Dairy Restrictions
From the office of the United States Trade Representative Biden-Harris Administration Secures Significant Trade Enforcement Victory for U.S. Dairy Farmers, Workers, and Exporters (WASHINGTON/January 04, 2022) — United States Trade Representative Katherine Tai announced that the United States has prevailed in the first dispute settlement panel proceeding ever brought under the United States-Mexico-Canada Agreement (USMCA). A USMCA panel agreed with …
USMEF on Importance of Amending Japan’s Beef Safeguard
The Office of the U.S. Trade Representative (USTR) recently reported on the status of its consultations with Japan aimed at adjusting Japan’s safeguard trigger levels for imports of U.S. beef. U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom expressed appreciation for USTR’s prioritization of this issue and explains the urgency of amending the safeguard threshold. In 2021, Japan’s imports of U.S. beef exceeded …
China’s Pork Production Increases Mean More Grain Imports
A recent Bloomberg report says China, which consumes half the world’s pork, has a goal to be mostly self-sufficient in pork production. That means it will need more grain imports to feed the world’s biggest pig herd. China’s agriculture ministry says the country will maintain a target to produce 95 percent of their protein at home by 2025. It wants …
The Impact of Shipping Challenges
The President and CEO of the World Shipping Council recently talked about issues concerning the impact of shipping various goods and supplies. Tyron Spearman has the story.