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
Texas livestock producers face a heightened biosecurity threat as New World screwworm detections in northern Mexico coincide with FDA approval of the first topical treatment.
Higher ocean freight raises export costs just as global grain competition intensifies.
WTO gauges point to agricultural raw materials trade growing more slowly than overall goods, reinforcing the need to manage export risk and monitor policy shifts closely.
China’s renewed purchases signal improving sorghum demand at a time when export markets are otherwise uneven. Meanwhile, agriculture groups across the U.S, Canada, and Mexico want to protect close trade relations.
The Cotton-4 are pushing hard for new value chain investments. Still, many U.S. cotton producers face unsustainable losses, and weakened regional textile capacity threatens the survival of the Carolina “dirt-to-shirt” supply chain.
One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.
