Agricultural News
NCBA's Greg Doud Says Ending of Anti Dumping Duties by Mexico Against US Beef Means Millions of Dollars of Benefit Ahead
Thu, 12 Aug 2010 5:31:24 CDT
Mexico's Ministry of Economy has announced they're dropping their anti-dumping duties on U.S. beef effective yesterday. The duties that have been in place for the last 10 years have applied to nearly half of the U.S. beef production. National Cattlemen's Beef Association Economist Gregg Doud says the resolution is beneficial for the beef industry - as many exporters have been locked out of the top export market for the United States.
Doud says the duties - which have ranged from three-cents to 29-cents per pound - have cost cattle producers millions of dollars over the last decade. He contends that the punitive charges against US Beef were actually retaliation for an anti-dumping case brought by R-CALF USA against Mexican and Canadian feeder cattle more than a decade ago.
We hear from Doud as well as from USMEF Chairman Jim Peterson of Montana 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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