In this file:
· Austrian farmers concerned about EU-U.S. beef deal: industry group
… could impact their livelihoods…
· Beef exporters race to beat China’s quota trigger-point
… China shipments accounted for almost 25pc of Australia’s entire July export beef trade…
· Beef Deal With The European Union A Big Win For U.S. Cattle Producers
… Under the deal, the U.S. will nearly triple its yearly duty free beef exports to the E.U…
Austrian farmers concerned about EU-U.S. beef deal: industry group
Source: Xinhua (China)| Editor: Wu Qin
VIENNA, Aug. 6 (Xinhua) -- Austrian cattle farmers are concerned that the recently-announced beef deal between the European Union (EU) and the United States could impact their livelihoods, according to an industry interest group.
The deal announced on Friday means that the United States will be able to increase its beef exports to the EU, which will eventually reach up to 35,000 tons annually within seven years.
In response, Werner Habermann, head of Austrian industry representative group Arge Rind, warned of "cheap imports" and urged Austrian consumers to remain loyal by purchasing domestic meat.
Habermann said Austrian beef farmers have already had to contend with cheaper imports from Brazil and Argentina...
Beef exporters race to beat China’s quota trigger-point
Jon Condon, BEEF Central (Australia)
August 6, 2019
THE massive spike seen in China’s Australian beef imports last month makes more sense when looming changes to import duties due to the strong likelihood of quota levels being triggered are taken into account.
As reported in this separate item this morning, China for the first time was Australia’s single largest export beef customer by volume in July, taking a record 28,214 tonnes of chilled and frozen Australian beef – more than either Japan or the United States. In fact China shipments accounted for almost 25pc of Australia’s entire July export beef trade.
Trade sources told Beef Central that a number of factors were behind the recent dramatic spike in trade, but by far the most significant was looming changes to tariffs on beef imports.
Following the China Australia trade agreement which entered into force in late 2015, an annual quota applies on Australian beef volumes, above which duties are designated to rise from 6pc to 12pc.
At the time the agreement was signed, nobody anticipated that Australian beef trade into China would grow as rapidly as it has, Beef Central was told by trade sources this morning.
The China quota level actually triggered last year for the first time, but it happened very late in the year during mid-December, and as a result had little consequential impact on Australian beef trade.
This year is a different story, however. With calendar year volume into China already reaching 146,244 tonnes to the end of July – a 65pc rise on the same period last year – Australia’s quota will be reached sometime between mid and late August, trade sources told Beef Central this morning.
The 2019 quota level is around 174,000 tonnes, representing about a month’s trade at current rates of shipment. After that, all Australian beef entering China for the remainder of the year will attract a duty of 12pc. There was very little likelihood of the Chinese Government waiving the duty rise, Beef Central was told, despite the protein shortage emerging due to Swine Fever.
It’s a classic case of the export beef industry being a victim of its own success.
One exporter with strong trade connections into China told Beef Central this morning that it had Chinese importer customers that had originally planned for shipments in the late-August/September period, that had pushed hard to bring those shipments forward, to escape the duty impact.
“They’re saying, even if it’s only a 20-foot container instead of a 40-footer, just ship it as soon as possible’,” he said. “They want imports arriving before the end of August.”
The looming prospect of a doubling in duties after the quota is reached has sparked the massive rise seen in Australian exports during July.
Beyond the quota/duties issue, demand for Australian beef out of China is also being impacted by:
Beef Deal With The European Union A Big Win For U.S. Cattle Producers
Radio 570 WNAX (SD)
Aug 6, 2019
President Donald Trump has signed a trade agreement with the European Union which gives the U.S. a larger share of Europe’s beef market. Under the deal, the U.S. will nearly triple its yearly duty free beef exports to the E.U. Nebraska Cattlemen Association President Mike Drinnen says having a 35,000 metric ton duty free quota is a big win for U.S. agriculture.
He says having that market grow from $150 million to $420 million over seven years will give a huge economic boost to America’s cattle producers.
Drinnen says hopefully this recent quota free deal will lead to full beef market access into the E.U. in the future although there’s a lot of work to do to get there...
more, including audio [1:12 min.]