Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


Beef and Pork Industries Come Together to Urge President Trump To Begin Trade Talks With Japan

Tue, 07 Feb 2017 15:13:45 CST

Beef and Pork Industries Come Together to Urge President Trump To Begin Trade Talks With Japan Ahead of Japanese Prime Minister Shinzo Abe’s state visit here, the National Cattlemen’s Beef Association and the National Pork Producers Council urged President Trump to begin negotiations on a free and fair trade agreement with Japan.



In a joint letter transmitted today to the White House, NCBA and NPPC asked the president “to initiate free trade agreement negotiations with nations in the Asia-Pacific region beginning with Japan. … As you continue to lead America forward, we want to be a resource for your administration for possible strategies in improving existing and future trade agreements for the benefit of our producers.”



Abe will be in Washington Friday to meet with Trump on a number of matters, including security challenges and bilateral trade.



“A successful, comprehensive agreement with Japan would result in one of the greatest trade agreements for the U.S. pork and beef industries and for many other sectors,” said NCBA President Craig Uden, a cattle rancher from Elwood, Neb.



Said NPPC President John Weber, a pork producer from Dysart, Iowa, “Securing strong market access to Japan and other Asian markets is a priority for the U.S. beef and pork industries, and we appreciate the president’s leadership and dedication to making our products the most competitive around the world.”



For U.S. beef and pork exports, Japan is the highest value international market. In fiscal 2016, Japanese consumers purchased $1.4 billion of U.S. beef products and $1.5 billion of U.S. pork products. Demand in the Asian nation for U.S. beef and pork is very strong despite Japanese tariffs and other import measures that limit market access for both products.



Under terms of the Trans-Pacific Partnership (TPP) agreement, Japan’s 38.5 percent tariff on fresh and frozen beef would have been cut to 9 percent over the agreement’s phase-in period and would have given the U.S. beef industry parity with Australia in the Japanese market. Japan’s tariffs on pork, which are determined through a so-called gate price system, would have been substantially reduced as part of the TPP agreement.



An analysis by the U.S. International Trade Commission found that beef exports to TPP countries, which included the United States, Japan and 10 other Asia-Pacific nations, would grow by $876 million a year by the end of the phase-in period and that most of the growth would be in trade to Japan. Likewise, it found that pork exports to TPP countries would grow by $387 million, with most of the exports going to Japan. Nearly 9,000 U.S. jobs would be generated by increased exports of livestock products, according to the U.S. Department of Agriculture’s export multiplier.


Source - NCBA / NPPC




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma State Extension Says Over Sixteen Million Dollars in Losses to Agriculture as a Result of Northwest Oklahoma Fire Complex  Sat, 25 Mar 2017 11:30:57 CDT
  • Oklahoma Agriculture Secretary Jim Reese Visits with Victims of Recent Wildfires in Beaver County  Fri, 24 Mar 2017 17:52:16 CDT
  • Ad Valorem Tax Dollars Eyed to Pay for Public Services - Are We About to Open Pandora's Box?  Fri, 24 Mar 2017 16:27:03 CDT
  • NCBA President Craig Uden Testifies on the Imperative Nature of Securing a Foot & Mouth Vaccine  Fri, 24 Mar 2017 15:45:40 CDT
  • Superior Livestock Auction Offered More Than 31,000 Head of Cattle During March 23 Video Auction  Fri, 24 Mar 2017 15:16:36 CDT
  • National Cattlemen's Beef Association Calls on USDA to Withdraw "Damaging" GIPSA Rules  Fri, 24 Mar 2017 14:45:46 CDT
  • National Pork Producers Council Makes Serious Appeal to USDA to Abandon Midnight GIPSA Rules  Fri, 24 Mar 2017 14:35:07 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, March 24, 2017  Fri, 24 Mar 2017 14:28:04 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Oklahoma City Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI