The U.S. and China have reached an agreement on a new import dairy certificate. Negotiations have been on-going since China revised their dairy import requirements in 2010. U.S. dairy sales to China have more than doubled in that time reaching an estimated $400 million in 2012. So while dairy sales to China have not been inhibited during the negotiations, National Milk Producers Federation president and CEO Jerry Kozak says the agreement removes uncertainty.
The U.S. will begin issuing the new certificates immediately for product destined for China. Certificates issued by the U.S. prior to January 18, 2013 will be valid through March 20, 2013 but not accepted by China after that date.
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[...] An agreement has been settled by the U.S. and China on a new import dairy certificate. The negotiations on this agreement have been going on since China’s dairy import requirements were revise in 2010. The dairy sales from the U.S. to China have been more than doubled and reached around $400 million in the year of 2012. While sales in China have not been so good during these negotiations, National Milk Producers and Federation president and CEO Jerry Kozak say that the agreement removes uncertainty. [...]