Tariff developments have created headwinds for the U.S. red meat trade.
April exports of beef and pork trended lower than a year ago, due in part to a sharp decline in shipments to China.
Dan Halstrom with the U.S. Meat Export Federation spoke with RFD-TV’s Tammi Arender about the recent data, trade hurdles with China, and negotiations moving forward.
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USDA raised exports by $2.5 billion from February, while imports are forecast at $205.5 billion. The resulting $29 billion agricultural trade deficit remains a reminder that higher shipments alone do not resolve trade pressure.
The U.S. Meat Export Federation says the agreement could be used to improve market access for American beef and pork producers in Africa.
RealAg Radio’s Shaun Haney discusses the next generation of Canadian agricultural policy, producer priorities, concerns surrounding risk management programs, and what the framework could mean for agriculture on both sides of the border.
Farm groups and equipment manufacturers say lower tariffs could help reduce machinery costs and support producers facing tight margins.