The recent announcement of an agreement to restart U.S. beef exports to China could be worth more than $2 billion to U.S. agriculture. Dave Salmonsen, senior director of congressional relations at AFBF, explained in Newsline, (May 17, 2017) that China’s beef market is growing.“As China improves economically, more people moving into the middle class, they’re looking to improve their diets and then they’re looking to purchase more beef,” Salmonsen said. “Currently, most of their beef is coming in from Argentina, Uruguay, Brazil, Australia, but there certainly is an opportunity for our grain-fed U.S. beef.”
Want more news on this topic? Iowa Farm Bureau members may subscribe for a free email news service, featuring the farm and rural topics that interest them most!