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


WTO Rules in Favor of US Claims Against Indonesia Giving US a Chance to Grow Its Market Share

Wed, 15 Nov 2017 11:50:55 CST

WTO Rules in Favor of US Claims Against Indonesia Giving US a Chance to Grow Its Market Share


The US beef industry has had some big wins in recent months, in and around the Pacific Rim, with gains in China, Korea and other countries. This week, it had another win, as the World Trade Organization ruled in favor of the US in a dispute with Indonesia over its complex and opaque import requirements for beef and beef products. All 18 of Indonesia’s import measures contested by the US were found by the WTO to be inconsistent with the nation’s trade obligations. Thad Lively, senior vice president of trade access for the US Meat Export Federation, says he expects this ruling to open up considerable opportunity in the region.


“This is an important win for the US and this is one of those cases that was really well suited to take to the WTO, because Indonesia has in place a number of import restrictions that are pretty clearly inconsistent with what the rules of the WTO say.”


Lively says this situation was primarily driven by the fact that Indonesia had policy at times to pursue self-sufficiency in beef production. The reality of that happening is very unlikely and that is becoming increasingly apparent. Lively says this mediation comes at a good time when Indonesia is making considerations on how to meet its consumption needs. Currently, Indonesia is the ninth largest export destination for the US in terms of volume; fifteenth by value. With these restrictions now lifted, Lively says he is excited about the opportunities ahead.


“It should open up opportunities in Indonesia, like we’ve never seen,” he said. “Indonesia is the fourth largest country in the world by population, but if you look at their per capita beef consumption, it’s really quite small. To us that says there’s huge potential for the United States beef industry.”


Listen to Thad Lively of the USMEF speak to the opportunities ahead in the Indonesian market, with Radio Oklahoma Ag Network Farm Director Ron 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 Thad Lively of the USMEF speak to the opportunities ahead in the Indonesian marketplace
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Trade News has Pork Producers Feeling Optimistic, White House Encouraged to Keep Deals Coming  Wed, 17 Oct 2018 18:13:49 CDT
  • Checking In on the Beef Checkoff - New 2019 Fiscal Year Budget Priorities Check All the Boxes  Wed, 17 Oct 2018 17:56:38 CDT
  • Oklahoma State FFA Speech Winner Emily Garrett of the Kingfisher FFA Chapter Headed to Indy  Wed, 17 Oct 2018 17:30:01 CDT
  • Inside Oklahoma Wheat Commission and OSU’s "Groundbreaking" Product Development Research  Wed, 17 Oct 2018 16:10:26 CDT
  • Do You Know What Your Cattle are Really Worth? CAB’s Justin Sexton on the True Value of Quality  Wed, 17 Oct 2018 15:53:16 CDT
  • Continuing Momentum of Free Trade Agreements Comes as Welcome News for Soybean Growers  Wed, 17 Oct 2018 15:41:14 CDT
  • Register Now for 2018 Crop Insurance Workshop Scheduled for November 2nd in Enid, Okla.  Wed, 17 Oct 2018 15:37:52 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Wednesday, October 17, 2018  Wed, 17 Oct 2018 15:18:30 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    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.