For May, the USDA Economic Research Service compilation of U.S. exports (carcass weight basis for the red meats and on a ready to cook basis for poultry), was a mixed bag of results compared to a year earlier.
Ireland will become the first European Union country to gain access to China’s fast-growing beef market after its agriculture minister said on Monday that Beijing had approved imports from three Irish processors.
President Donald Trump on Wednesday said that terminating the North American Free Trade Agreement would result in the “best deal” to revamp the 24-year-old trade pact with Canada & Mexico in favor of U.S. interests.
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.
Throughout U.S. farm country tariffs on steel and aluminum imports are boosting costs for equipment and infrastructure and causing some farmers and agricultural firms to scrap purchases and expansion plans.