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Beef Buzz News


Trade Negotiations Continue Despite Pandemic Concerns, Says NCBA's Kent Bacus

Mon, 15 Jun 2020 09:21:55 CDT

Trade Negotiations Continue Despite Pandemic Concerns, Says NCBA's Kent Bacus Trade negotiations continue amid pandemic concerns and Kent Bacus, director of international trade and market access for the National Cattlemen’s Beef Association, provides an update on today’s Beef Buzz.

We’ve continued to do the work and bring some relief to American beef producing families, Bacus said.

He pointed out one of the major trade issues with China is moving forward and that is a big positive note.

We’ve seen the further implementation of the Phase One deal with China and that has long-term benefits, Bacus said.

The NCBA official praised government officials and others for making sure the China deal, as well as trade agreements with other countries continue.

Bacus singled out the negotiations with the United Kingdom as something to keep an eye on the rest of this year.

There has been a mutual goal to work something out as soon as possible, Bacus said. He noted by the end of this year we could see an agreement come together and It’s in the best interests of the U.S. and the United Kingdom to have a deal wrapped up quickly.

The Brexit process is ongoing, and Britain will continue to operate under the EU rules until the end of this year.

From the British standpoint there is a lot of incentive to have trade deals in place now as they can prepare for a post EU trade environment, Bacus said.

The UK has trade interests outside of the European Union, especially the United States. There is a strong relationship and shared history between our two countries, he noted.

Our negotiators have been hard at work and we hear there has been some progress and we may see some development but we still a long way to go before it’s completed, Bacus said.

Click on the LISTEN BAR below to hear more comments from NCBA’s Kent Bacus.

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 Kent Bacus
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