U.S. beef producers can begin sending fresh and frozen beef to Australia starting today.
USDA confirmed the agreement last week. NCBA says it is a long time coming, noting U.S. beef producers have been locked out of the Australian market for 20 years. During the same time, officials say producers there have sent around $29 billion worth of beef onto U.S. shores.
However, down under, cattle groups say they are not worried. Executives at Cattle Australia say their domestic beef prices are lower than in the United States, largely because their herd is bigger.
Related Stories
USDA officials are increasing surveillance and sterile fly dispersal efforts as New World screwworm cases continue growing in Mexico near the Texas border.
Jenna Stanton with the United States Cattlemen’s Association joins us to discuss beef import concerns, cattle market signals, and the latest developments surrounding U.S. beef trade.
RealAg Radio Host Shaun Haney joins us to discuss the latest U.S.-China ag trade agreements, market reaction, and what producers should watch moving forward.
For producers, the next proof will be actual export sales, shipment pace, and buyer breakdowns.
Corey Rosenbusch, President & CEO of The Fertilizer Institute, discusses fertilizer markets transparency efforts and the steps to ensure long-term stability for farmers and the ag economy.
Thailand will not replace major corn buyers overnight, but renewed access could create another outlet for U.S. corn demand.
