Mexico is redoubling its efforts to reach a NAFTA agreement with the U.S. and Canada by the end of August to take heat off incoming President Andres Manuel Lopez Obrador, allowing him to focus on his domestic agenda.
U.S. beef exports set a new value record in May while also increasing significantly year-over-year in volume, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
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.
Sonny Perdue, as U.S. Secretary of Agriculture, may be the most aggressive enforcer of President Donald Trump’s pro-business and deregulatory agenda that the fewest Americans, outside agriculture, have ever heard of.
The White House touted over the weekend and again on Monday that China will immediately start buying U.S. agricultural goods. Ag economist Wally Tyner warns with tariffs still in place, that may not be a reality soon.
Led by South Korea, Japan, Taiwan and Latin America markets, July beef exports climbed 12% in volume to 116,575 mt, valued at $722 million – up 16% from a year ago and just slightly below the May 2018 record.