Beef Industry Seeks New Export Markets to Boost Producer Profits
What happened
Scott George, a producer from Cody, Montana, and Vice President of the National Cattlemen’s Beef Association, discussed the industry's defensive stance against policy issues. He also detailed efforts to secure free trade agreements with South Korea, Panama, and Colombia.
From agwired.com
Why it matters
The National Cattlemen’s Beef Association estimates that opening these three export markets could add $25 per head to beef producers. Currently, exports add $189 in value to every fed cattle, and this increase would help feed yard and cow calf producers maintain profitability.
From agwired.com
Who's involved
- Scott GeorgeProducer and Vice President of the National Cattlemen’s Beef Association
- Environmental Protection AgencyGovernmental agency against which the industry is defending itself
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- American Feed Industry AssociationSpeculative
Increased profitability for cattle producers might drive higher demand for feed yard producers.
- CongressSpeculative
The push for new free trade agreements could affect legislative action regarding beef exports.
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The entities involved
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Scott George
rugby league footballer
Nothing else this week.
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Environmental Protection Agency
governmental organisation in Queensland