Supply Chain News / Economic Development

USDA Notes Recent Trade Progress with Mexico

A full range of U.S. beef and beef products can now be exported to Mexico, potentially increasing U.S. beef and beef product exports by $50 million.

Agriculture Secretary Tom Vilsack highlighted recent progress on a number of trade issues with Mexico following a panel discussion with Mexico's Secretary of Agriculture Enrique Martínez y Martínez. The panel was part of the Global Forum on Agro Food Expectations forum in Mexico City. Vilsack's remarks come as Mexico's expanded import ruling to allow increased potato imports from the U.S. goes into effect. Mexico also recently announced it would expand American beef imports as well. A full range of U.S. beef and beef products can now be exported to Mexico, potentially increasing U.S. beef and beef product exports by $50 million.

At the forum, Vilsack joined Martínez and Canada's Minister of Agriculture and Agri-Food, Gerry Ritz, for a panel discussion entitled, "Integration of Agro-Industrial Markets in North America: Challenges and Opportunities." The panelists discussed how the United States, Mexico and Canada can continue to work together to create jobs and economic opportunity for the agricultural industry.

"Mexico is an important strategic ally and a critical economic partner to the United States. In recent months, we have made progress on a number of issues that will help increase economic opportunity for both of our countries," Vilsack said. "The United States and Mexico will continue to build on our strong trade relationships and promote greater market access for our agricultural products."

For decades, two-way agricultural trade between Mexico and the United States has supported good-paying jobs in both countries. This partnership has helped leverage existing supply chains, adding to the economic strength of U.S. and Mexican agriculture.

USDA is continuing to help America's farmers and ranchers reach new markets and increase agricultural exports. In fiscal year 2013, U.S. food and agricultural product exports reached a record $140.9 billion, supporting nearly one million American jobs. U.S. agriculture is on track for another exceptional year, with exports of farm and food products forecasted to reach $142.6 billion worldwide.

Resources in the new farm bill will allow USDA to continue funding for trade promotion and market expansion for U.S. agricultural products overseas. USDA has moved quickly to implement trade promotion programs reauthorized under the 2014 Farm Bill that signed just three months ago. Through the Market Access Program (MAP), USDA has already provided $171.8 million in Fiscal Year 2014 funds to 62 nonprofit organizations and cooperatives to help build commercial export markets for U.S. agricultural products and commodities. Through the Foreign Market Development (FMD) Program, USDA has provided $24.6 million in Fiscal Year 2014 funds to 22 trade organizations to help create, expand and maintain long-term export markets for U.S. agricultural products.
 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Five Wearable Manufacturing Technologies of the Future

Video applications, Employee Monitoring, Field service, Plant monitoring, Improving employee safety.

For more manufacturing insights, visit www.exactonline.com.

 

Podcasts

Assurance of Supply: A Top Concern for Manufacturers

Every manufacturer has an assurance of supply problem to some extent due to the complexity of global sourcing. For years, manufacturers were blessed with high margins but margins have grown paper thin. You can’t fill up your distribution centers with excess inventory – not only is there a cost factor but the pace of business and consumer buying trends causes goods to quickly turn obsolete. Assurance of supply provides the speed and agility that is essential to being able to compete in today’s market.

 

Speaker info: Diane Palmquist, VP Manufacturing Industry Solutions

                                         

More Podcasts

World Trade 100 Magazine

wt october 2014

2014 October

Check out the October 2014 edition of World Trade WT100, featuring our cover story: Logistics Drives Site Selection, plus much more!

Table Of Contents Subscribe

Transportation Capacity

As peak season has gotten underway, what is your experience with transportation capacity?
View Results Poll Archive

WT100 STORE

world-class-warehousing.gif
World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Use our interactive maps to locate service providers across North America.Interactive Map

Logistics Development Partners 

IWLA Members