Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   

Beef Buzz News


New Deal, New Opportunities for U.S. Beef in the European Market

Wed, 08 Jan 2020 06:30:21 CST

New Deal, New Opportunities for U.S. Beef in the European Market As 2020 began, the trade deal with Japan puts U.S. Beef on level footing with beef coming from other countries that are importing into Japan. But there is another deal that started on January 1 that will also be good news for U.S. Beef headed for the European Union. This is the quota that was initially set up for the United States, in return for us stopping the imposition of tariffs against the European Union because of their failure to allow our beef into the E.U. over their phony hormone ban for years and years. This battle over U.S. beef into the European Union stretches back to the 1980s. When it was first established, the United States was using most of the quota for themselves; however, at the time it was established, it was not an U.S. exclusive quota. Over the years, at other beef producers have seen the opportunity to sell into the European Union and have met the standards- they have taken quota away from the United States. Now, this new deal between the Trump administration and the European Union means at least a portion of the quota will be exclusively U.S. (Click here for a story from 2019 that offers the President Trump Announcement- and some unhappiness expressed by German cattle producers.)



Erin Borror, Economist for the U.S. Meat Export Federation, says it's a guaranteed quota for U.S. Beef into the E.U. "Yes, absolutely. It is a very important market, as it is a niche market, but critical, high value, lots of growth potential. So yes, we're looking at a U.S. specific share of this quota. It starts at 18,500 tons this calendar year, and it grows to 35,000 tons over the seven years. So that is out of a total of 45,000 tons, which had been increasingly dominated by our competitors. We were squeezed down to, you know, close to 20% market share. And it was not a sustainable agreement and so, fortunately, USTR and the European commission did reach an agreement to give us an U.S. share. And this U.S. specific share essentially allows us to grow by about 25% during year one and then another 25% next year because it jumps to 23,000 tons in 2021.



"So this is really exciting for U.S. beef producers and for our customers in Europe who have been just chomping at the bit to do more with U.S. beef, but it was not really possible when you have to clear product in the first couple of weeks of each quarter because this quota operates quarterly. It was getting fully used within the first couple of weeks of each quarter. And you're trying to manage chilled, high-value products in that European market whether you're a chef or a retailer, you need that consistent supply. You can imagine on this side trying to produce no hormone no antibiotic cattle- those program cattle going from the feedlot all the way through the plant, making sure that ship lands in Rotterdam within the first couple of days of each quarter, is kind of a nightmare. So now you have some business continuity, and our staff on the ground in Europe will be able to plow into new markets where we just basically hadn't touched because we couldn't really grow. So yeah, super exciting."


Borror also says she expects to continue to see growth for U.S. beef in South Korea, "Yes, South Korea, I've called my model market for a few years now. It's just been fantastic. And so exciting for us to watch. Because it's been, you know, it was a difficult battle back for a while. Candlelight vigils in the street against U.S. beef, lots of hurdles to come back after BSE overlaid with the Free Trade Agreement and a lot of politicization of U.S. beef. Huge kudos to our team in Korea that worked amazingly. Of course, economic growth and the trends to crave and appreciate protein as a healthy food source have also underpinned a lot of our growth. Then more recently, the convenience trend, which has just been amazing and we pretty much have to see it fully fathom."


Click on the LISTEN BAR below to hear this final segement of our full interview with Erin Borror as she talks with Ron Hays. You can also go back and listen to the complete interview that we posted earlier as an Ag Perspectives Podcast with Erin Borror by clicking or tapping here.



The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.




   
   

Ron Hays Beef Buzzes with Erin Borror of USMEF on US Beef Access into the EU
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • NCBA and PLC Call ESA Listing Plan of Lesser Prairie Chicken Punitive for Cattle Producers in Southern Plains  Wed, 23 Nov 2022 14:51:02 CST
  • November Cattle on Feed Report Confirms October Pattern of Lower Placements and Tighter Cattle Numbers in Feedlots  Tue, 22 Nov 2022 05:07:02 CST
  • Turning the Corner- OSU's Derrell Peel Sees Tighter Cattle Inventories into 2023 in Latest Cattle on Feed Report  Mon, 21 Nov 2022 04:36:33 CST
  • Turning the Corner- OSU's Derrell Peel Sees Tighter Cattle Inventories into 2023 in Latest Cattle on Feed Report  Mon, 21 Nov 2022 04:27:40 CST
  • Midterm Elections to Set Stage for What Can Be Expected in 2023 Farm Bill  Mon, 07 Nov 2022 12:13:57 CST
  • USMEF's Dan Halstrom Remains Cautiously Optimistic about Strong Beef Demand Going Forward  Thu, 03 Nov 2022 09:35:46 CDT
  • Economic Factors Create Hesitancy in Beef Plant Expansion Plans  Wed, 02 Nov 2022 11:03:34 CDT
  • NCBA's Mike Simone Says Consumer Interest in Fake Meat is on the Decline  Tue, 01 Nov 2022 11:41:02 CDT
  • Beef Remains Valued Product for Consumers as it Allows Them to Stretch their Dollar  Mon, 31 Oct 2022 09:15:56 CDT
  • Hugh Aljoe Provides Methods to Begin and Maintain Good Land Stewardship  Fri, 28 Oct 2022 09:30:13 CDT
  • Implement Soil Health Practices Now to Increase Forage Production when Rains Come  Thu, 27 Oct 2022 15:14:07 CDT
  • Third Beef. It's What's For Dinner. 300 Promotes the Beef Industry on a National Level  Wed, 26 Oct 2022 15:32:23 CDT
  • Latest Cattle on Feed Report from USDA Implies Fewer Pounds of Beef Available in 2023   Tue, 25 Oct 2022 10:17:53 CDT
  • OSU's Derrell Peel- Lower Placements and Smaller On Feed Number Highlight October Cattle on Feed Report  Sun, 23 Oct 2022 12:45:37 CDT
  • Beef Checkoff Research Continues to Share Beef Sustainability Story with Consumers  Fri, 21 Oct 2022 09:23:36 CDT
  • Beef Checkoff Research Works to Ensure Consumers Beef is a Product They Can Trust  Thu, 20 Oct 2022 13:44:44 CDT
  • Odds for Significant Wheat Pasture Going Lower Daily in the Southern Plains  Wed, 19 Oct 2022 14:35:46 CDT
  • NCBA Weighs in on California's Proposition 12   Tue, 18 Oct 2022 11:32:24 CDT
  • 2022 Stockyards Steak Out Takes Oklahoma Beef to the Next Level  Mon, 17 Oct 2022 11:09:07 CDT
  • Holding Onto Your Cow Herd a Little Longer is Projected to Pay Off, says Randy Blach  Fri, 14 Oct 2022 08:14:05 CDT
  • Randy Blach Confident in Better Cattle Market Conditions Down the Road  Thu, 13 Oct 2022 09:43:02 CDT
  • No Imports or Exports Would Result in a Smaller U.S. Beef Cattle Industry  Wed, 12 Oct 2022 16:11:15 CDT
  • Derrell Peel Explains Why International Trade of Beef is Valuable  Tue, 11 Oct 2022 08:19:29 CDT
  • Animal Agriculture Hopeful for a Win as U.S. Supreme Court Looks at California's Proposition 12   Mon, 10 Oct 2022 09:26:17 CDT
  • Amy Hagerman Highlights Federal Drought Help for Cattlemen and Lower Pricing for Forage/Water Testing from OSU   Fri, 07 Oct 2022 09:43:15 CDT
  • NCBA Urges EPA to Press Pause on New WOTUS Rulemaking  Thu, 06 Oct 2022 10:32:04 CDT
  • Kaitlynn Glover Reviews Supreme Court Oral Arguments on WOTUS  Wed, 05 Oct 2022 09:45:32 CDT
  • NCBA Working to Keep GIPSA Rules in the Past   Tue, 04 Oct 2022 09:15:31 CDT
  • NCBA's Colin Woodall Believes Beef is a Key Part of the Solution to Stamping out Hunger  Mon, 03 Oct 2022 11:52:58 CDT
  • Federal Disaster Programs Available to Aid Producers in Forage Loss and Transportation   Fri, 30 Sep 2022 08:53:09 CDT
  • Congressman Frank Lucas Works to Exclude Farmers and Ranchers from SEC Climate Disclosure Rulemaking  Thu, 29 Sep 2022 13:17:29 CDT
  • USDA's Proposed Regulations Under the Packers and Stockyards Act Raises Concerns from NCBA  Wed, 28 Sep 2022 09:25:15 CDT
  • Derrell Peel Believes Strong Incentives Coming for Cattle Producers Once We See Drought's End  Tue, 27 Sep 2022 08:45:14 CDT
  • Derrell Peel Sees Beef Cow Culling to Set All-Time Record by the Fourth Quarter of 2022  Mon, 26 Sep 2022 10:03:22 CDT
  • Integrity Beef Helping Producers Develop Value Added Cattle  Fri, 23 Sep 2022 11:18:28 CDT

  •  

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       

       

    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.