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Bob Larson U.S. Beef Success in South Korea and Trudeau Optimistic on NAFTA
by Bob Larson, click here for bio

Program: The Agribusiness Update
Date: February 15, 2018

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From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**South Korea has been a top-performing market for U.S. beef over the past year.

U.S. Meat Export Federation’s Jihae Yang says the industry has been very successful in rebuilding consumer confidence in U.S. beef, and that many Korean retailers that were once reluctant to carry U.S. beef now feature it.

U.S. beef exports to Korea were up 3 percent year-over-year in volume and jumped 15 percent in value to a record $1.22 billion.

**The National Young Farmers Coalition is expressing frustration with President Trump’s budget outline for Fiscal Year 2019, which proposes to slash funding for the USDA by 16 percent.

NYFC’s Andrew Bahrenburg says President Trump’s budget is dramatically disconnected from his talk and the economic woes farm families face.

He says while the budget would provide funding for rural communities to improve long-neglected infrastructure and combat the opioid epidemic, the overall impact would leave young farmers with fewer resources and a weakened safety net.

**Canadian Prime Minister Justin Trudeau’s latest mission to bolster NAFTA ended on an upbeat note, as he said there’s still a “clear path” to a deal.

According to agweb.com, Trudeau capped a U.S. swing in Los Angeles saying he rejected the belief trade deals see one country “win” over another, a veiled counter of President Trump’s more transactional view of trade.

Trudeau’s government has been attempting to win support from U.S. lawmakers and businesses to keep Trump from pulling out of NAFTA.


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