Agricultural News
NCBA Chief Economist Gregg Doud Says Even with Failed Talks- Glass is Half Full with Koreans on Beef
Mon, 15 Nov 2010 6:17:10 CST
The Chief Economist of the National Cattlemen's Beef Association, Greg Doud, is hopeful that the Obama Administration will figure out a way to revive stalled talks with South Korea- and get a Free Trade Deal that was first negotiated by the Bush Administration back on track.
This past week, talks that seemed to hold a lot of promise failed to deliver on a revised deal that would suit both sides. Doud was hopeful as those talks were held that we could get the clock ticking on reducing tariffs on US Beef that currently stand at 40%. The FTA was expected to reduce that tariff to zero over a fifteen year period.
Still, Doud puts a positive spin on where we are with Korea and other trading partners. He points out that we are almost back at the same export levels as in 2003, just before the discovery of a case of BSE in the United States, which wrecked export sales from the US for several years.
We talk on today's Beef Buzz with Gregg Doud about the latest on export sale prospects with Korea as well as Japan going forward into 2011.
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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