Denver, CO - The Executive Committee of the National Cattlemen's Beef Association said that they still backed bilateral talks with Canada and Mexico to settle trade disputes rather than pushing for countervailing duties.
The committee voted 9 to 5 to not support a petition by a private U.S. group, the Ranchers-Cattlemen Action Legal Foundation (R-CALF), that requests such anti-dumping duties be slapped on meat or livestock imports from the two countries.
"Fair trade is vitally important to the future of the U.S. beef industry and its importance becomes even greater during the poor market conditions we're enduring now," said NCBA president-elect George Swan.
NCBA said that at the request of Canadian cattlemen, a summit between the two countries on cattle and beef trade was being held on October 19 in Denver that would hopefully make significant progress to settling current disputes.
Some Plains cattle feedlots have complained of losses up to $100 a head on cattle due to current weak export demand, swollen beef supplies and imports.
Meat Industry Insights News Service
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