USMEF Statement On Beef Trade Discussions With China

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The U.S. Meat Export Federation (USMEF) is pleased to learn of the progress made during the recent session of the U.S.-China Joint Commission on Commerce and Trade (JCCT) on several significant trade issues. In particular, the announcement that technical discussions on re-opening the Chinese market to U.S. beef will resume early next year is very encouraging news for the nation's beef industry.

When the market closed in 2003, China was just beginning to show its potential as a major destination for U.S. beef. Obviously, China's economy has grown remarkably since that time and so have the opportunities for high-quality beef products. If the United States regains access to the Chinese market early next year, we estimate that 2011 beef exports will be in the range of $200 million. This would rank China among the top ten global markets for U.S. beef, with tremendous potential for future growth.

USMEF is appreciative of the efforts put forth by all U.S. agencies on this matter, and we look forward to working closely with the U.S. government and other beef industry groups to secure the prompt resumption of exports to this critical market.

Source: USMEF


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