Beef Buzz News
For US Cattle Producers- China Still Offers Huge Potential- So Says NCBA's Kent Bacus
Thu, 13 Aug 2020 14:22:55 CDT
Despite all the challenges of dealing with China, Kent Bacus, director of international trade and market access for the National Cattlemen’s Beef Association, believes it is still the most intriguing market for U.S. beef producers.
Ron Hays Beef Buzzes With Kent Bacus
China is the largest beef importing market in the world and we finally have access to one-fifth of the world’s population, Bacus said.
The one market we are excited about is China, he said.
This Phase One deal we have will allow us to sell more of the beef carcass into the Chinese market and that opens a whole world of opportunity for our beef producers, Bacus said.
That’s very exciting and once we get through the COVID-19 thing and on the other side there is a very bright future, he said.
The NCBA staff person said If you can imagine one burger for each person in China, that is a goal for us to strive for, even though China traditionally eats a lot of pork and chicken.
When you look at that country, beef has made major inroads there and American beef is the desired product, Bacus said.
That could become a very profitable market for us, but you have to put that in context with all the geopolitical issues, he said.
Bacus praised Ambassador Greg Doud and his team who have done a phenomenal job for beef producers and for everyone in agriculture.
Doud, a native Kansan, has the experience and technical skills to negotiate complicated issues, Bacus said. That’s especially important when dealing with China and all the other countries on trade agreements.
We’re glad he’s there and continues to work despite all the issues and I think there are a lot of opportunities to see a more of these trade agreements come to fruition, Bacus said.
Click on the LISTEN BAR below to hear more of Ron’s interview with NCBA’s Kent Bacus.
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