The new KORUS agreement offers a sigh of relief for U.S. beef and pork. The U.S. Meat Export Federation says the market access terms secured in the original KORUS not only helped increase U.S. red meat’s market share in South Korea, but also bolstered consumption by making U.S. beef and pork products more affordable and accessible to Korean consumers. Those …
NCBA: KORUS “Tore Down” Trade Barriers, Helped Increase Beef Exports
National Cattlemen’s Beef Association (NCBA) President Kevin Kester released the following statement in response to the signing of the modernized Korea-United States Trade Agreement (KORUS): “KORUS is a prime example of how U.S. producers benefit from trade agreements that reduce tariffs and implement science-based standards. Less than a decade ago, U.S. beef exports to South Korea were severely limited by …
American Farm Bureau Encouraged by Korea Trade Agreement
The following statement can be attributed to American Farm Bureau Federation President Zippy Duvall: “President Trump’s approval of the modernized U.S. – Korea Free Trade Agreement preserves a two-way trade relationship that greatly benefits America’s farmers and ranchers. South Korea bought $6.9 billion worth of U.S. agricultural goods last year, making it our sixth-largest export market. “Whether it’s corn, soybeans …
Presidents of U.S. and South Korea Sign Free Trade Agreement Document
The new U.S./South Korea Free Trade Agreement is one step closer to being implemented. Gary Crawford has the story. Presidents of U.S. and South Korea Sign Free Trade Agreement Document Sponsored ContentFlorida Cattle Enhancement Board Allows Viable Research in the Cattle IndustryFebruary 6, 2026Florida Cattle Enhancement Board Track Record Well Received By LegislatorsJanuary 30, 2026Florida Cattle Enhancement Board Supports Beef …
U.S., Canada Talks on NAFTA Offer Little Progress
Stalled talks between the U.S. and Canada regarding the North American Free Trade Agreement (NAFTA) are expected to continue this week, as the U.S. desires to reach a deal by September 30th. Informal talks are likely over the next few days, according to Reuters, as global attention turns towards a U.N. meeting this week. Canadian Prime Minister Justin Trudeau says …
Lower Pork Prices Helping Demand
Pork production is accelerating, prices are lower, and demand is improving. New Data from the Department of Agriculture shows that lower pork prices this year have encouraged domestic and foreign consumers to buy more U.S. pork. Meat industry publication Meatingplace reports 2018 total cold stocks of pork have remained at or below three and five-year averages so far, and large …
Perdue Comments on Signing of New KORUS Trade Agreement
U.S. Secretary of Agriculture Sonny Perdue today issued the following statement regarding the signing of the new United States-Republic of Korea Free Trade Agreement (KORUS): “We are entering into a new KORUS agreement that is a better deal for the entire United States economy, including the agricultural sector. This represents an important improvement in trade relations between our two nations, …
Escalating Trade War with China Will Increase Damage to American Soybean Farmers
The Administration’s decision to impose 10 percent tariffs on an additional $200 billion in Chinese imports—and China’s subsequent retaliation on $60 billion of U.S. products—deepens and prolongs the trade war between the two countries, posing even more adverse consequences for American soybean farmers. Davie Stephens, a soybean grower from Clinton, Kentucky, and American Soybean Association (ASA) vice president stated, “If …
U.S. Close to Proceeding With Mexico-Only Trade Deal
White House Economic Trade Adviser Kevin Hassett says the U.S. is getting very close to having to move forward on its trade deal with Mexico without Canada. The deadline to publish the text of an agreement to update the North American Free Trade Agreement is October first. As the deadline approaches, Hassett says the U.S. and Canada haven’t agreed to …
U.S. Supplying More Than Half of the E.U. Soybeans
The European Commission released a report that says American farmers are now supplying more than half of the European Union’s soybeans. Over a 12-week period from July through mid-September, U.S. soy exports to the EU were 133 percent higher than the same time period in 2017. Politico says the U.S. supplied 25 percent of the EU’s soybeans needs from July …