Jim Long Pork Commentary: not sure the market gets it?

Jim Long provides his latest update on the US pork market.
calendar icon 31 May 2019
clock icon 4 minute read

Good news for US producers

Last week the US and Mexico came to agreement on removal steel tariffs.

With that Mexico agreed to remove a 20 percent tariff on all US pork.

It’s a significant gain for US producers. Mexico imports 40 percent of all US pork exports, much of it hams.

According to the US National Pork Producers Council (NPPC) the tariffs cost American producers $12 per head or 1.5 billion. If NPPC is correct then US hogs should appreciate $12 per head real soon.

Already US Pork is entering Mexico duty free.

Jim Long

President - CEO at Genesus Genetics
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