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Shining Light on Farm & Food Policy for 20 Years.
Friday, August 16, 2024
There were fears that even though U.S. ag exports to China were rising after the countries agreed to a trade war détente during the Trump administration, the U.S. might never recover its pre-trade war share of China’s imports.
A Department of Agriculture proposal to outline conditions for beef to enter the U.S. market from Paraguay is being met with stiff opposition from groups representing American producers.
New research from the University of California, Davis, suggests cultivated meat might not be better for the environment than beef from traditionally raised cattle, and in some cases could be worse.
The Japanese tariff on U.S. beef has dropped gradually from 38.5% in 2019 to 23.3% this year as a result of the three-year-old U.S.-Japan Trade Agreement, a prime example of the kind of free trade agreement the U.S. ag sector and some lawmakers say they want to see replicated.
The halt in operations at the ports of Los Angeles and Long Beach was brief and union workers are now back on their jobs, but the stoppage at the largest port complex in the U.S. created a scare for U.S. meat exporters and their foreign customers, according to U.S. Meat Export Federation spokesman Joe Schuele.
Supermarket prices rose another 0.3% last month, driven in part by jumps in the cost of beef and pork, but food inflation continues to ease from the spikes shoppers saw in 2022, the Bureau of Labor Statistics reports.