Industry News

Agreement With Japan Will Reduce Tariffs On U.S. Beef Over 15 Years

Courtesy of kla.org   U.S. and Japanese officials signed a bilateral agreement yesterday that will make U.S. beef more competitive with beef going into Japan from Australia, Canada, Mexico and New Zealand. Set to go into effect January 1, 2020, the trade deal will reduce tariffs on fresh, chilled and frozen U.S. beef from the current 38.5% to 9% over 15 years. Additionally, Japan will eliminate…

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Statement on Trade Agreement with Japan

Jennifer Houston, President National Cattlemen’s Beef Association WASHINGTON (October 7, 2019) – National Cattlemen’s Beef Association (NCBA) President Jennifer Houston today issued the following statement after attending a White House ceremony in honor of the bilateral trade agreement between the United States and Japan that will lower Japan’s massive tariffs on U.S. beef. “I was deeply honored to attend the ceremony at the White House where we…

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Packing plant fire disruptions fading, Part 2

By : Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist     The August 8, 2019 fire that shut down the Tyson beef packing plant in Finney County, Kansas provoked significant reactions in cattle and beef markets.  Markets typically provide strong price responses to a shock such as this in order to initiate actions that repair the market disruption.   The fire caused an…

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Scientific Review Concludes No Need To Reduce Red Meat Intake For Health

Courtesy of kla.org   A series of papers published last week in the Annals of Internal Medicine concluded Americans do not need to reduce the intake of red and processed meats to improve their personal health. The scientific review conducted by researchers from Dalhousie University and McMaster University in Canada, together with the Spanish and Polish Cochrane Centers, found that decreasing red meat consumption provides little…

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NCBA Praises Important Step Forward in Trade with Japan

WASHINGTON (September 25, 2019) – National Cattlemen’s Beef Association (NCBA) President Jennifer Houston today issued the following statement in support of a bilateral trade agreement between the United States and Japan that will lower Japan’s massive tariffs on U.S. beef: “Japan is the number one export market for U.S. beef, accounting for one quarter of our exports. The only way for U.S. beef producers to remain…

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