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Monday
Sep112017

NAFTA's Impact On Cattle, Protein Trade

CattleFax

September 11, 2017

Trade representatives of the United States, Mexico and Canada declared “progress” but unveiled no breakthroughs at the most recent second round of talks to revise the North American Free Trade Agreement (NAFTA). Warnings have been expressed from U.S. agricultural producer organizations about the harm that would come from blowing up the decades-old trade arrangement.

When it comes to cattle imported into the U.S. from Mexico and Canada, combined is just over a million head per year, or about two weeks of cattle slaughter. When looking at all proteins -- beef, pork and poultry -- to stop all trade with Canada and Mexico would put 250 million pounds back on the U.S. market net. Yet it could have a significant impact on the market individually, such as poultry as we export significant amounts to Mexico.

The NAFTA talks are expected to last at least through the end of this year, with venues rotating among the three nations. The just-concluded five-day session in Mexico City followed an initial round last month in Washington.

 

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