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Brexit: EU Agri-Food Chain Representatives Welcome the Deal and Call for a Swift Ratification
A Hard Landing for Some: US Trade Tariffs on EU Agricultural Products
On Wednesday, October 2, the WTO ruled in favor of the US in a long running trade dispute over illegal government support to European aircraft builder Airbus. It allowed the US to impose tariffs on USD 7.5bn worth of products from the EU-28. The tariffs proposed are not a broad list focused on the whole European agricultural sector, rather it targets specific countries and product categories. For example, in 2018, almost 80% of US wine imports in value terms were imported from the EU-28. Not only do US consumers favor European wines, they also have a taste for whiskies, olive oil and dairy products from the region.
Alcoholic Beverages: French and Spanish Wine Impacted Most, Followed by Scottish Single Malt Whiskies
The US accounts for around 18% of French and 12% of Spanish wine exports in value terms. Even if sparkling wines and those with over 14% alcohol content are...
EU Beef Exports to Korea Resume After Almost 20 Years
After almost 20 years, the Republic of Korea lifted its import restrictions on beef and beef products from some European Union Member States. Producers from Denmark and the Netherlands are the first ones to be able to resume exports.
Commissioner for trade, Cecilia Malmström, said: “Trade isn't just about doing trade deals. After many years of hard work this announcement means that Dutch and Danish farmers gain a new market to sell their beef. Once again the EU is delivering for our agricultural sector.”
Commissioner Vytenis Andriukaitis, in charge of health and food safety, welcomed this announcement, stressing that “this is another sign that trade partners acknowledge that the battle against BSE has been won and...
Industry Reacts to US Beef Access to the EU
On Friday, the United States and European Union signed a breakthrough agreement to allow access of US beef into the EU. The United States will be able to nearly triple its annual duty-free exports of beef to the EU over the next seven years. American ranchers will be guaranteed a larger share of Europe's beef market, with annual exports expected to increase from $150 million to $420 million once the agreement is fully implemented.
The North American Meat Institute is applauding the Trump Administration's successful efforts to expand access for US beef. Meat Institute President and CEO, Julia Ann Potts, said, “We again thank the Administration for prioritizing the expansion of markets for US meat products. We look forward to continuing to work with the Administration to further reduce barriers impeding, and improve access for, US meat and...
United States and European Union Sign Breakthrough Agreement on U.S. Beef Access to EU
The United States will be able to nearly triple its annual duty-free exports of beef to the European Union (EU) over the next seven years under a new agreement signed today at the White House.
American ranchers will be guaranteed a bigger share of Europe’s beef market, with annual duty-free exports expected to grow from $150 million to $420 million when the agreement is fully implemented.
“American ranchers produce the best beef in the world. Thanks to President Trump’s leadership, this new agreement ensures that American ranchers can sell more...
Eggs International: How Different Nations Set Standards
This article was originally featured in the Summer 2019 Edition of Urner Barry's Reporter magazine.
Starting in 2019, Urner Barry has “eggs”-panded its international egg reporting in the EU. While the U.S. and EU egg markets are interrelated in today’s globalized marketplace, the way eggs are prepared for retail is very different across the pond. In fact, eggs produced for U.S. supermarkets can’t be sold in the EU, and vice versa. This variation is due to differing philosophies when it comes to sanitation and disease prevention.
USDA standards require that eggs be washed and sanitized to remove any dirt present on the shell. This process ensures a clean shell, but it also damages or removes the egg’s cuticle. The cuticle, also known as the bloom, is a natural covering on the exterior of the eggshell, which seals...
EU Plans for U.S. Specific Quota on High-Quality Beef Imports
The European Union (EU) plans to provide the U.S. with a country-specific quota for high-quality beef imports, according to a report from Australian trade publication Beef Central. The U.S. Trade Representative and the European Commission reached an agreement in March to grant the U.S. a country-specific share of the 45,000 metric tons duty-free quota. The U.S. will receive an initial allocation of 18,500 tons from the 45,000 tons EU grainfed quota, increasing to 35,000 tons over the next seven years, according to the report. The other major suppliers, Uruguay, Australia and Argentina will share the remainder of the quota volume. Consultations with these other suppliers have now occurred and the next step in the process is for the European Commission to formally begin...
EU-U.S. Trade Talks Expected to Begin This Week
Negotiators from the European Union (EU) are in Washington this week to begin technical trade talks with the U.S., although both sides have not yet agreed to the scope of the discussions. This week's talks will mostly focus on regulatory cooperation ahead of a meeting between U.S. Trade Representative Robert Lighthizer and EU trade chief Cecilia Malmstrom in Paris on May 22-23. Last month, the EU adopted negotiating directives on two agreements: a trade agreement limited to the elimination of tariffs for industrial goods only, excluding agricultural products, and an agreement on conformity assessment that would have as its objective the...
EU Set to Ban Meat Names for Veggie Alternatives
What’s in a name? The fast-growing meat substitute market may soon face this question as meat-related terms and names could be banned for veggie alternatives, following a vote from the EU’s Agriculture Committee’s in early April. Terms such as steak, sausage, escalope, burger and hamburger will no longer be allowed for vegetable-based products, if the measures pass the next stages. However, they still face a vote by the full parliament, then need to be put to member states and the European commission.
Upping the likelihood of approval is a similar ban on the use of dairy product names such as milk, cheese or yogurt for plant-based products which came into force in...
USTR Proposes Products for Tariff Countermeasures in Response to Harm Caused by EU Aircraft Subsidies
The World Trade Organization (WTO) has found repeatedly that European Union (EU) subsidies to Airbus have caused adverse effects to the United States. Today, the Office of the United States Trade Representative (USTR) begins its process under Section 301 of the Trade Act of 1974 to identify products of the EU to which additional duties may be applied until the EU removes those subsidies.
USTR is releasing for public comment a preliminary list of EU products to be covered by additional duties. USTR estimates the harm from the EU subsidies as $11 billion in trade each year. The amount is subject to ...
House Members Defend Agriculture in EU Trade Agreement
Today, 114 House members led by Reps. Walorski (R-Ind.), Kind (D-Wis.), Foxx (R-N.C.) and Craig (D-Minn.) sent a letter to U.S. Trade Representative Robert Lighthizer in support of keeping agricultural products as a key negotiating objective in any proposed trade agreement with the European Union (EU). The European Commission has specifically excluded agricultural products in draft negotiations and Commission officials continually state their unwillingness to include agriculture in the negotiation process.
“As you know, agriculture is the source of a great number of trade barriers and irritants in the U.S.-EU trading relationship. Thus, an agreement with the EU that does not address trade in agriculture would be, in our eyes ...
Rabobank: China and Trade Restrictions Drivers for an Improving, but Volatile Global Poultry Outlook
Trade conditions are gradually improving for global poultry thanks to rising global demand – especially from China, which is expected to face a protein shortage this year.
In recent quarters, the global poultry market has gone through one of the most volatile periods in many years, due to a combination of factors, including trade and disease restrictions, along with the impact of the US-Chinese trade war. Production was at an exceptionally high level in many markets, including the US, the EU, and Thailand. Meanwhile, demand dropped because of a general market slowdown and constraints on access to international markets following trade restrictions. This resulted in a period of falling poultry prices between Q2 and Q4 2018.
“However," according to Nan-Dirk Mulder, senior animal protein analyst, "the outlook is changing, Rabobank is gradually becoming more optimistic that ...
Smithfield Foods Statement Regarding Shooting at Tar Heel Processing Facility
Packaged Facts: Food E-Commerce Sales will Increase 32% Annually
October Retail Sales Grew 4.2 Percent Over Last Year
American Poultry Farmers Regain Access to China
Rabobank's Global Protein Outlook for 2020
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