A livestock market analyst says President Trump’s talk of renegotiating the North American Free Trade Agreement (NAFTA) could drastically impact livestock markets.
Scott Brown with the University of Missouri says livestock producers will need unfettered access to the Mexican market to support current price levels. “We really need that market,” he says. “As we hear much of the trade discussion that is going on and the renegotiation discussion going on – for me the NAFTA agreement is most worrisome for me in 2017.”
With a forecast for expanding meat supplies again this year, Brown says any trade disruption would be costly.
Continue reading Analyst says livestock producers need Mexican export market at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.