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


US Beef Industry Sticking Its Foot in the Door of Asian Markets as Australia Regroups from Droughts

Thu, 06 Apr 2017 11:56:48 CDT

US Beef Industry Sticking Its Foot in the Door of Asian Markets as Australia Regroups from Droughts


As it works to recover from devastating droughts a few years back, major US competitor in the Asia-Pacific Rim, Australia, is currently in a position that could present American producers the opportunity to capture more of the Aussie’s global market share.


USMEF economist Erin Borror told Radio Oklahoma Ag Network Farm Director Ron Hays that, “As we look forward, we know Australia is in rebuilding mode now, so their production will drop again this year probably by 4 or 5 percent. But, next year, they’ll start to slowly increase.”


Attempting to get our foot in the door to Asian markets, specifically Korea and Japan, Borror is working with those countries to explain the situation and help them understand that Australia will not fully recover to the levels of production during those drought years when there was no feed and cattle were being shipped out by the droves. This leaves the US looking more attractive as a trade partner.


However, Australia’s tariff advantage over the US complicates matters, but the Borror says the US has been able to supply certain products that our competitors down under can’t.


“On the whole, we’re going to continue in this very positive position,” Borror said. “What’s really exciting is that we’re also shipping more chuck, shoulder and round items. We just had the data for January/February come in and the tonnage on those end cuts have doubled.”


Listen to Borror discuss opportunities for the US to increase its market share of Asian markets with Hays, on today’s Beef Buzz.


The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is 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.





   




   

Listen to Borror discuss opportunities for the US to increase its market share of Asian markets below
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Friday Market Wrap-Up with Justin Lewis  Fri, 25 May 2018 14:50:28 CDT
  • USDA's April 1 Cattle on Feed Report Congruent with Industry Expectations- LMIC's Jim Robb Reacts  Fri, 25 May 2018 14:44:56 CDT
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 25 May 2018 13:54:29 CDT
  • Emily Case of Dewey, Okla. Recognized as a Significant Woman in Agriculture by Oklahoma Ag Dept  Fri, 25 May 2018 09:54:09 CDT
  • OSU Holds Off Participation in OK's Hemp Pilot Program for 2018 Growing Season to Study It Instead  Fri, 25 May 2018 09:40:01 CDT
  • What's Consumers' "Beef" with Beef? Consumer Panel Reveals Concerning Issues of Misinformation  Fri, 25 May 2018 09:35:21 CDT
  • Atop the RON Rural Soapbox - Former Secretary John Block  Fri, 25 May 2018 07:21:43 CDT
  • Friday Preopening Market Update with Dave Lanning  Fri, 25 May 2018 07:20:24 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.