Agricultural News
Anti Dumping Duties Imposed by Mexico May Be Allowed to Lapse- Helping Competitiveness of US Beef
Tue, 08 Jun 2010 4:37:26 CDT
The U.S. Meat Export Federation (USMEF) has been leading a coalition of U.S. beef industry interests seeking elimination of anti-dumping duties assessed by Mexico on some U.S. beef exports. The origin of these duties dates back to 1998, when the Mexican beef industry requested an investigation by Mexico’s Ministry of the Economy into whether U.S. beef was being shipped into the country at less than the cost of production. After examining price data on beef imports and reaching a determination of injury to its beef industry, Mexico began assessing duties on boneless and bone-in muscle cuts. Three major packers and certain product categories are largely exempt from the duties, but they still apply to about half of all U.S. beef exported to Mexico.
The duties are scheduled to sunset after five years, but can be continued upon a request for review by an interested party. Such a request was successful in 2005 and was recently filed again, triggering this year’s review. Late last week, however, the association of Mexican cattle producers who requested the latest review (Confederación Nacional de Ganaderos, or CNOG) notified the Ministry of the Economy of its decision to withdraw the request.
Thad Lively, USMEF senior vice president for trade access, says the withdrawal of CNOG’s request is very positive news and could expedite elimination of the anti-dumping duties. He talkes with us today about this situation with our number one beef export destination- Mexico- on today's beef Buzz.
The Beef Buzz is a regular feature heard on radio stations around the state on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Click on the listen bar below for today's show- and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
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