With the ongoing battle for ethanol producers to secure shipping containers, POET (the largest...
China Allows Import of Eligible Pork, Poultry Products From 106 U.S. Plants

China has approved 106 new U.S. pork and poultry plants to export eligible products produced on or after June 12, Chinese Customs said in a notice on its website, which was when the approval was issued.
It comes after China and the U.S. agreed on a framework to get their trade truce reached in Geneva talks last month back on track.
The newly approved facilities include 23 pork plants and 83 poultry plants, according to a Chinese Customs database.
China in March slapped tariffs of up to 15% covering $21 billion worth of American agricultural and food products, in retaliation against Trump’s imposition of levies on Chinese exports.
Hundreds of U.S. meat plants gained access to China under the 2020 “Phase 1” trade deal brokered by President Donald Trump, but many lost their eligibility earlier this year. While registrations for pork and poultry facilities have since been renewed, beef plant registrations remain listed as “expired.”
EDITOR’S TAKE:
Progress? It appears that maybe, just maybe, trade tensions between China and the U.S. are thawing a little. It will be interesting to see how negotiations progress in the next few weeks. If this softening of positions eventually leads to a more comprehensive agreement, great. If it is merely a ploy to see how far the Chinese can push us without offering much in return, then shame on us. My experience of dealing directly with the Chinese on numerous projects in the past leaves me a bit skeptical of their true intentions. That said, I will continue to hope for the best possible outcome.
Overall, this agreement to allow more imports of pork and poultry will benefit our producers. It will put more income in their pockets this year, thus, opening the opportunity for you to sell more trucks. It is difficult to overemphasize how important and effective it can be to keep your inventory on AgTruckTrader.com®. It is the one place farmers/ranchers go to explore where they can purchase that next truck or SUV and, in turn, be eligible for AgPack®.