America’s farmers and ranchers got a special shoutout from the Oval Office this week. During a press conference announcing the trade deal with the United Kingdom, President Trump said the agreement will greatly benefit rural America.
“The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol, and virtually all of the products produced by our great farmers, and our Secretary of Agriculture is here. Brooke, thank you very much. You’ll let the farmers know.”
Sec. Rollins explained that part of the deal includes a big win for beef producers with around $250 million in exports for products like beef. Tariff rates were adjusted as well. The UK dropped its rate, while the U.S. saw a jump to 10 percent. President Trump also said the UK would be removing non-tariff barriers as part of the agreement. Secretary Rollins will be in the UK early next week to talk with her British counterparts. For now, the cattle industry is calling this a win for U.S. ranchers.
USMEF’s Jay Theiler discusses his leadership role in representing U.S. beef and pork and provides an update on this week’s conference in Indianapolis.
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USDA released the November WASDE Report on Friday, the first supply-and-demand estimate to drop since September, just before the 43-day government shutdown.
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U.S. Trade officials announced new deals with El Salvador, Guatemala, Ecuador, and Argentina, as well as a steep reduction in tariffs on Swiss imports.
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China’s cost advantage with Brazilian soybeans and vague public messaging leave U.S. export prospects uncertain heading into winter.
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The request follows pressure from the American Sheep Industry Association (ASIA), which called for a formal investigation into whether lamb imports from Australia and New Zealand have cut into the U.S. market share.
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David Hardin with the Indiana Soybean Alliance discusses USMEF’s push to open new global export markets for both meat and soy-based feed.
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