U.S. red meat exports had a strong finish to the third quarter, according to data compiled by USDA agencies (Foreign Agriculture Service and the Economic Research Service).
President-elect Jair Bolsonaro, the winner of the runoff, promises to drastically roll back environmental regulations for agriculture, including speeding up deforestation, converting forests into range and cropland.
The latest monthly trade data has been tabulated – for August – and U.S. beef trade continued its impressive performance with monthly exports up 9 percent and year-to-date export totals up 14.2% year over year.
In separate interviews with AgriTalk representatives from two major beef industry organizations discussed major trade deals that have been negotiated recently.
Japan might increase the amount of agriculture trade conducted with the U.S. through potential trade deal that was announced by President Trump following a meeting with Japanese Prime Minister Shinzo Abe.
While the revised KORUS trade deal didn't include specific agriculture trade improvements it does paint a promising picture of things to come say farm industry officials.
