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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 ...
Pork Quarterly Q1 2019: Another Uncertain Year – with More Complex Disease and Trade Issues
As 2019 gets underway, we see another year full of potential in global pork, with growth in production and demand in many parts of the world. Yet this is overshadowed by the uncertainty created by complex disease and trade issues, as can be read in the just-released RaboResearch report ‘Pork Quarterly Q1 2019: Another Uncertain Year – With More Complex Disease and Trade Issues’.
Rising disease pressures are challenging the global market. “African swine fever (ASF) stands out as the single biggest challenge facing global pork in 2019,” according to Chenjun Pan, Senior Analyst – Animal Protein. “The changes ASF will bring create opportunities for some, and threats for others.” China’s need to lift imports will incentivise continued growth in key exporting countries, but how much pork China will import remains ...
USTR Publishes Negotiating Objectives for U.S.-EU Trade Talks
The Office of the U.S. Trade Representative (USTR) recently published a summary of negotiating objectives for U.S.-European Union (EU) trade talks. The Trump Administration last year notified Congress of its intention to negotiate a trade agreement with the EU and solicited public comments to inform its priorities. The U.S.’s top objective is to improve its trade balance and reduce its trade deficit with the E.U., which totaled more than $151 million in 2017.
The summary also details the U.S.’s priorities for transatlantic agricultural trade. According to USTR, a U.S.-EU trade agreement should secure comprehensive market access for U.S. agricultural goods in the EU by reducing or eliminating tariffs and non-tariff barriers that discriminate against U.S. agricultural goods. Moreover, USTR intends to...
Rabobank: The EU May Export Less Pork to the UK after Brexit
The UK has a sizable pork production shortage. To address this shortage, the UK has increased production and imports around 1m tonnes carcass weight (cwt) annually from EU member states. With the EU’s estimated self-sufficiency rate of nearly 112%, approximately 2.6m tonnes cwt of pork needs to be exported outside the EU in 2018 to balance local supply and demand. After Brexit, EU self-sufficiency could grow to 120%. Consequently, in the future EU-27, pork processors will need to work harder to secure opportunities for exporting pork meat and by-products that are not consumed within the EU. In the short-term, increasing Chinese demand will probably compensate for any loss of access to the UK market.
UK production on an increasing trend since 2010
The UK has a large pork production shortage; only half of national demand is covered by...
USMEF Statement on Upcoming Trade Negotiations with Japan, EU and UK
U.S. Trade Representative Robert Lighthizer has notified Congress that the Trump administration intends to negotiate three separate trade agreements with Japan, the European Union and the United Kingdom. U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom issued the following statement:
“USMEF’s membership, which includes all sectors of the U.S. red meat supply chain, commends the Trump administration for its decision to move forward on trade negotiations with these key trading partners. Global demand for U.S. pork, beef and lamb is strong and exports are on the rise, but we must have a level playing field for this growth to continue. This is a critical step toward reducing tariffs and other trade barriers – especially in Japan, which is our leading value market for red meat exports. The importance and urgency of the U.S.-Japan trade negotiations cannot be overstated. Japan is...
Trade News Has Pork Producers Feeling Optimistic
News on the trade front is getting better for U.S. pork producers as the Trump administration announced it wants to negotiate trade agreements with the European Union, Japan and the United Kingdom. The National Pork Producers Council commended the administration for its ambitious trade agenda.
The administration recently updated agreements with Canada and Mexico and with South Korea that maintained the U.S. pork industry’s zero-tariff access to those important markets, three of the top five destinations for U.S. pork exports.
“We’ve got the momentum on trade headed in the right direction now,” said NPPC President Jim Heimerl, a pork producer from Johnstown, Ohio. “Producers are hurting because...
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