Details of cuts to tariffs attached to meat and livestock traded between signatory countries of the Trans-Pacific Partnership (TPP) trade deal have now been released, helping traders identify new market openings.
Poultry processor Pilgrim’s Pride has announced a fall in sales and profits for the third quarter of the year due to “continued challenges in the export market” and the strong dollar, the company said.
The successful conclusion to Trans Pacific Partnership (TPP) talks, which focused on removing trade barriers between the US and several Pacific Rim countries, has been welcomed by the National Cattlemen’s Beef Association (NCBA).
Beef exports from Paraguay have increased significantly in the past two years, thanks to the growth of its cattle herd, which has resulted in the volume of exports increasing by 55%, and their value soaring by 70% to $1.3 billion.
The Ecuadorian agricultural authority Agrocalidad has banned all imports of live foul, poultry meat and poultry products, as well as genetic material, including chicks and hatching eggs, from the US, in response to the recent avian influenza outbreaks.