USMCA Will Hurt Nebraska Ranchers
December 25, 2019
The Independent Cattlemen of Nebraska continue to oppose the pending U.S.- Mexico-Canada trade agreement because it will open the doors to more burdensome supplies of beef in the U.S. beef market.
Not only that, because there is no country-of-origin label provision in the agreement, packers can import Canadian and Mexican beef into the U.S., process and market it as a product of the United States
The USMCA trade agreement will also heighten the annual beef trade deficit. The average annual trade deficit in cattle and beef products with Canada and Mexico has been $1.4 billion during the year...