Agribusiness Update for Wednesday 7/3/13
This is the Agribusiness Update...I’m Greg Martin...
The U.S. currently is involved in several bilateral free trade negotiations - including talks with Pacific Rim and European Union nations. During the past 20-years - exports have increased to 25-percent of U.S. pork production. Access to export markets is critical. The pork industry has been restricted from exporting product to the EU through various tariff and non-tariff trade barriers.
Even though retail food prices have increased modestly over the past year or so - American Farm Bureau Federation Deputy Chief Economist John Anderson says most Americans should be able to find summer picnic foods at close to the average prices found by AFBF . For many people - nothing says the Fourth of July more than firing up the grill to prepare a meal.
Recent research conducted by the University of California-Davis shows livestock grazing, public recreation and the provisioning of clean water can be compatible goals. It’s often said that livestock production isn’t compatible with environmental goals - but the study helps show that’s not completely the case - as there’s no real evidence hot spots of human health risk are being created with livestock grazing in these areas.
That’s today’s Agribusiness Update from the Ag Information Network.