Beef Buzz News
NCBA Urges Senate to Repeal COOL, Before Retaliation Starts
Fri, 26 Jun 2015 16:16:59 CDT
Some agricultural groups believe Congress shouldnít be so quick to repeal the U.S. Country-of-Origin Labeling (COOL) law and rather wait for arbitration to work its way through. National Cattlemenís Beef Association Vice President of Government Affairs Colin Woodall responded by saying thatís not a good idea. He believes COOL needs to be repealed this year, before those arbitration numbers are set.
Ron Hays Beef Buzzes with Colin Woodall of NCBA
ďIf we donít get it done this year, than we can expect retaliation anywhere from two to five years, while the WTO looks at what action Congress may take in the future,Ē Woodall said.
If Congress can act before retaliation starts, then Woodall said there is a very good chance that Canadians and Mexico will drop this case and the U.S. will be able to maintain trade relations with both of these countries. However, if retaliation takes place first, then Congress acts, then itís a different situation. Woodall said that means the U.S. will have to go through the entire World Trade Organization (WTO) dispute settlement process, which could take two to five years.
ďDuring that process, we will be retaliated against, so we are going to be harmed economically as a country,Ē Woodall said. ďNot just as the beef industry, but from all industries that are on the list.Ē
The U.S. House has already passed legislation to repeal COOL. This week, the U.S. Senate Ag Committee held a hearing on COOL, so Woodall said NCBA is trying to make their message known about whatís at stake, if Congress doesnít act quickly because there are financial implications on the horizon. He said retaliation would stay in place while the WTO is deliberating any changes Congress makes.
Some agricultural groups have stated there has been little economic harm to Canada and Mexico, because of the COOL labeling law. Thatís according to a study conducted by Dr. Robert Taylor of Auburn University. Woodall said Dr. Taylorís research has limited credibility because of past work he has published and his figures have been questioned. So thatís why this study on COOL has not gained much traction. Woodall also thinks the Senate and House have also finally realized there are no other opportunities for the United States to change COOL, so itís time for repeal.
Radio Oklahoma Network Farm Director Ron Hays featured Colin Woodall on the Beef Buzz feature. Click or tap on the LISTEN BAR below to listen to today's Beef Buzz.
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