The US is looking for formal trade talks with Mexico over the country’s plans to restrict imports of genetically modified corn and other agricultural biotechnology products.
As elements of the phase one trade deal between the US and China are implemented, the US Food and Drug Administration is gathering details about feed companies that wish to export to China.
Improving facility, product registration and renewal processes and ending ingredient bans were top priorities for the AFIA during trade deal negotiations with China, says expert.
The revised trade agreement negotiated by the US, Mexico and Canada is expected to improve provisions on sanitary and phytosanitary measures and reduce non-trade barriers, says expert.
Following up on Wednesday’s trade agreement progress with China, the US Senate approved the revised trade agreement with Canada and Mexico (USMCA) on Thursday [January 16]. The development was welcomed the US feed sector.
US feed industry members are applauding progress on the US and China trade relationship as a new phase one trade deal looks to improve agricultural exports and streamline the approval process.
US feed industry organizations and feed grower groups are applauding progress toward a final ratification of a revamped North American trade deal, which if passed by Congress, could improve market access and US competitiveness.
Global feed prices are expected to stay relatively neutral in 2020; there are ample supplies that should keep feed prices at reasonable levels, says Rabobank. It released its annual global animal protein outlook today.