9/22/2016 12:00:00 AM
China to resume exports of US beef
AMES - Iowa Cattlemen’s Association leaders are hopeful that an announcement from Chinese government officials will have a positive impact on Iowa’s cattle industry.
Following a 13-year ban on U.S. beef exports, China's Ministry of Agriculture announced that it has lifted its ban on U.S. beef following a recently concluded review of the U.S. supply system.
“This is good news for Iowa’s cattle producers, who are currently dealing with unprecedented market volatility. Our export markets are a great outlet for cuts of beef that are not traditionally popular in the US, so increasing exports is a great way to add value to Iowa cattle without raising beef prices significantly in the domestic market,” says Dr. Phil Reemtsma, DVM, president of the Iowa Cattlemen’s Association.
While this is an important first step towards securing a market for US beef in China, technical negotiations and formal approval of export certificates must still be completed.
Iowa cattlemen are also hopeful that the Trans Pacific Partnership (TPP), a trade agreement involving 12 countries, will be approved by Congress yet this year. Sixty percent of all goods exported from Iowa go to countries included in TPP, accounting for $9 billion in Iowa goods and over 160,000 Iowa jobs.
About the Iowa Cattlemen's Association: The Iowa Cattlemen’s Association represents nearly 10,000 beef-producing families and associated companies dedicated to the future of Iowa’s beef industry. ICA’s mission is “Grow Iowa’s beef business through advocacy, leadership and education.”