Which Is The Bigger Threat For Pork, Beef: NAFTA Or Chinese Tariffs?

3/31/18 Roundtable 2

China’s announcement of a 25 percent tariff on pork products last week caused producers in the industry to worryas China is the number two value market for U.S. pork. 

This week, the trade friction with the U.S. and China has increased quickly, with China firing back with a new round of proposed tariffs totaling $50 billion and targeting 106 products.

“Things are looking quite a bit darker than what they were four to six weeks ago in this market, and we’re taking a lot of the profit margin out for many guys that’s gone negative,” said Chip Flory, host of AgriTalk and AgriTalk After The Bell and Farm Journal economist. “We can’t take another blow.”

For now, these are proposed tariffs. Both the U.S. and China have expressed interest of negotiating as tensions continue to escalate into what some are calling the makings of a trade war.  

As far as the technical picture, Jim McCormick, senior broker and market commentator for Allendale, Inc.,says it’s improving. Fundamentally, he says the hog markets are more concerned with NAFTA and those renegotiations.

“It looks like the Trump administration is not taking quite the hard line stance that we were all fearful that they would take four, six, eight weeks ago,” said McCormick on U.S. Farm Report. “We can get a deal done with NAFTA, and that will relieve a lot of what ifs and you’ll allow some of the money to come back into the market.”

If the pork aspect of the two-decades-old North American Free Trade Agreement doesn’t see any changes, Flory calls that a win.

“Do no damage is the primary thing,” he said. “All we need is word that agriculture is going to survive without any damage in the NAFTA agreement.”

Hear their thoughts on the cattle market and the decline in feeder and live cattle prices on U.S. Farm Report above.


Restricted HTML

  • Allowed HTML tags: <a href hreflang> <em> <strong> <cite> <blockquote cite> <code> <ul type> <ol start type> <li> <dl> <dt> <dd> <h2 id> <h3 id> <h4 id> <h5 id> <h6 id>
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.
5 + 5 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
Submitted by THERESA WILLIAMS on Thu, 04/05/2018 - 16:11

Hello, I am Theresa Williams After being in relationship with Anderson for years, he broke up with me, I did everything possible to bring him back but all was in vain, I wanted him back so much because of the love I have for him, I begged him with everything, I made promises but he refused. I explained my problem to my friend and she suggested that I should rather contact a spell caster that could help me cast a spell to bring him back but I am the type that never believed in spell, I had no choice than to try it, I mailed the spell caster, and he told me there was no problem that everything will be okay before three days, that my ex will return to me before three days, he cast the spell and surprisingly in the second day, it was around 4 pm. My ex called me, I was so surprised, I answered the call and all he said was that he was so sorry for everything that happened that he wanted me to return to him, that he loves me so much. I was so happy and went to him that was how we started living together happily again. Since then, I have made promise that anybody I know that have a relationship problem, I would be of help to such person by referring him or her to the only real and powerful spell caster who helped me with my own problem. email: {drogunduspellcaster@gmail.com} you can email him if you need his assistance in your relationship or any other Case.

1) Love Spells
2) Lost Love Spells
3) Divorce Spells
4) Marriage Spells
5) Binding Spell.
6) Breakup Spells
7) Banish a past Lover
8.) You want to be promoted in your office/ Lottery spell
9) want to satisfy your lover
Contact this great man if you are having any problem for a lasting solution
through {drogunduspellcaster@gmail.com}

Submitted by Whitney Morgan on Fri, 04/06/2018 - 01:37

Email Dr. Trust for fast and urgent loves spell....Ultimatespellcast@yahoo.com

I'm Whitney Morgan, from North Carolina. I got separated from my husband 2 years ago. There was no communication between us. I was advised by families and friends to let go, forget the marriage and move on with my life. I didn’t want to marry someone else because deep down, I still love my husband. I was in so much pain and confused, until I read a testimony online on how Dr Trust reunion a broken marriage with the help of his love spell powers. I kept reading so many testimonies on how he helped to stopped divorce and bring back peoples ex-lover's to them, and my faith was renewed. I have to contact Dr Trust immediately, few minutes later, he replied and instructed me on what to do, after meeting up with the necessary requirement, 2 days later after he cast the spell, communication was restored between me and my husband. He actually knees pleading me to forget and forgive him. My relationship is now balance and my husband kept loving me every single day by day. His spells worked wonders and our relationship is now stronger then before, and nothing can separate us again. I visited so many website seeking for help, it looked hopeless, until I came in contact with Dr Trust the real man, who helped me to restore my broken marriage. If you're having similar problem in your marriage, you want your husband or wife to love you again, you have someone you love and you want him or her to love you in return, you are having any challenge in your relationship. Dr Trust SPELL TEMPLE is the solution and answer to your problem, contact him today via Email. Ultimatespellcast@gmail.com or Ultimatespellcast@yahoo.com Call or Whats-app him now +2348156885231

View his website page and see more testimony about him: https://utimatespellcast.wordpress.com
Name: Whitney Morgan
Country United States
Big thanks to you Dr.!!!