Pork exports to China still hampered by tariffs
January 23, 2020 By Ken Anderson Filed Under: Livestock, News, Pork
China has been increasing its purchases of U.S. pork, but sales continue to be hampered by tariffs.
industry analyst Steve Meyer says it’s still unclear if pork producers will see
much benefit from the phase one trade agreement with China.
wasn’t hardly anything pork specific in there,” Meyer says. “I don’t think pork
producers are going to see anything out of this until we get a ‘phase two’ that
has something to do with these punitive tariffs.”
says getting rid of the punitive tariffs could move the U.S. to “the front of
the line” as a pork supplier to China.
“Right now we’ve got, I think, 68 percent total tariffs—and the European Union pays eight percent. So we’re in a real price disadvantage there.”
even with those lingering questions about China, Meyer predicts overall pork
exports will increase 26 percent in 2020.
Meyer spoke with Brownfield at Iowa Pork Congress in Des Moines.
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