Tariffs and other trade issues were top of mind for cattle producers and other beef industry leaders during last week’s Cattle Industry Summer Business Meeting in San Diego, CA.
The European Parliament recently approved a one-year delay to regulations that would require importers of beef and other goods to show their products are not linked to deforestation. The law was slated to go into effect at the end of the year, but as U.S. M...
The strike by dock workers across the East and Gulf Coast will impose a significant economic impact on the U.S. meat and livestock industries, according to U.S. Meat Export Federation Vice President for Economic Analysis Erin Borror. She noted the East Coast and Gulf ports have accounted directly for nearly $3 billion worth of U.S. red me...
South Korea is the largest value market for U.S. beef exports, and it's on pace to possibly reach $3 billion this year. In an effort to combat rising prices, Korea created a duty-free quota for American beef. Erin Borror, Vice President for Economic Analysis at the U.S. Meat Export Fede...
Mexico has eliminated import duties on all pork, beef and poultry muscle cuts through the end of this year. The main impact on the red meat market is likely to be an uptick in pork muscle cuts imported from Europe. U.S. Meat Export Federation Vice President of Economic Analysis Erin Borror says on when it comes to beef exports, she call’s Mexico’s announcement “irrelevant”.
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According to the U.S. Meat Export Federation, the war in Ukraine has already had an impact on the Red Meat arena, and that impact will continue for the foreseeable future. USMEF Vice President of Economic Analysis Erin Borror said Russia, Ukraine and Belarus export red meat, but the impact is somewhat muted at 60,000 tons to China
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Demand for U.S. beef in China continues to move at a brisk pace. U.S. Meat Export Federation economist Erin Borror says U.S. beef exports to China are “soaring”, but not at the expense of other major markets like Korea or Japan.
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U.S. Beef exports were very strong during the first half of 2021. According to the U.S Meat Export Federation, exports through June reached 700,087 metric tons, up 18% from the same time period a year ago, with a value of $4.64 billion, up 28% from last year
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Ag Secretary Sonny Perdue said the United States and Japan have agreed on new terms and conditions that eliminate Japan’s longstanding cattle age restriction on U.S. beef exports. The new terms take effect immediately, allowing American products from all cattle, regardless of age, to enter Japan. Erin Bor...
Japan is an important trading partner for U.S. agriculture, especially when it comes to beef and pork producers. That was the main topic of a panel discussion during the recent USDA Outlook Forum. USMEF Economist Erin Borror said that Japan is the leading value destination for both U...