Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
    
   
   
   
   
   
   
   
   
   

Agricultural News


R-CALF USA Statement on WTO COOL Ruling, Calls Decision 'Utterly Absurd'

Mon, 07 Dec 2015 11:36:23 CST

R-CALF USA Statement on WTO COOL Ruling, Calls Decision 'Utterly Absurd'
R-CALF USA CEO Bill Bullard issued the following statement following today's release of the World Trade Organization's (WTO's) arbitration decision that claims the United States mandatory Country-of-Origin Labeling (COOL) law caused Canada and Mexico to suffer annual losses of $1.054 billion and $228 million, respectively.


"The WTO decision is utterly absurd. The entire value of Canada's live cattle imports in 2014 was $1.753 billion and this represented an historical high. It is absolutely impossible that Canada could be suffering an annual loss representing 60 percent of Canada's record high imports.


"Mexico's live cattle imports in 2014 were valued at $739 million and it is equally impossible that COOL has caused Mexico to lose 31 percent of the value of its record level of exports.


"Another way to look at the absurdity of this ruling is that Canada exported 1.2 million head of cattle to the United States in 2014. If it would have imported 60 percent more without our COOL law, then Canada would have exported an additional 745,000 head in 2014. This would have seriously depressed domestic cattle prices in 2014.


"Congress should take no action to repeal COOL or weaken it by converting it to a voluntary program. Instead, Congress should direct our U.S. Trade Ambassador to negotiate a diplomatic solution to Canada's and Mexico's complaints by deploying the United States' substantial negotiating skills. After all, this is precisely how the United States resolved country-to-country disputes before the U.S. began ceding its sovereignty to the unelected and un-appointed tribunal at the WTO.


"Congress should also direct the U.S. Agriculture Secretary to immediately begin promulgating new COOL rules to close some of the loopholes identified in the WTO dispute that are effectively limiting the effectiveness of COOL.


"The U.S. cattle industry and U.S. consumers are in dire need of leadership from this Congress and this Administration to preserve our vitally important mandatory COOL law that informs consumers as to the origins of their meat and enables producers to compete against the growing tide of imported beef arriving at our borders.


"Under no circumstances should Congress or the Administration surrender our mandatory COOL law."


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Checking in on the Beef Checkoff Beef Checkoff Asserts Influence on the State, National and International Level  Mon, 14 Oct 2019 22:33:32 CDT
  • Monday Market Wrap-Up with Justin Lewis  Mon, 14 Oct 2019 21:40:42 CDT
  • Slaughter Cows Sold 3.00-5.00 Lower on a Larger Offering, Slaughter Bulls Sold Steady on a Lighter Test Monday at OKC West  Mon, 14 Oct 2019 20:57:44 CDT
  • Growth Energy CEO Emily Skor Highlights International Biofuels Growth at Global Ethanol Summit  Mon, 14 Oct 2019 18:25:53 CDT
  • Food Industry Analyst Anne-Marie Roerink Talks About the Buzz About Beef   Mon, 14 Oct 2019 20:51:35 CDT
  • New Campaign From NCBA Sheds Light on Beef Animal Care Standards  Mon, 14 Oct 2019 18:00:56 CDT
  • Association of Equipment Manufacturers Releases September Ag Equipment Sales Numbers   Mon, 14 Oct 2019 17:53:14 CDT
  • OSU's Derrell Peel Talks About the Issues Facing the Food and Agricultural Markets  Mon, 14 Oct 2019 17:44:36 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.