China’s decision in November to lift its ban on U.S. poultry and the subsequent “phase one” trade deal are already boosting U.S. exports for American pet food products and sales to the Chinese market are expected to grow exponentially, spurring hundreds of millions of dollars in sales.
The Agriculture Department published a list of hundreds of beef and pork production and storage facilities that are now eligible to export to China under the new, less-restrictive regulations negotiated in the “phase one” trade agreement.
The USDA announced Thursday that U.S. exporters are reporting large sales of U.S. corn and wheat to China after years of depressed trade. A new report shows export sales of 750,000 metric tons of U.S. corn and 340,000 metric tons of hard red winter wheat to China.
China, continuing to live up to promises made in the “phase one” trade deal, is working with the U.S. to finalize certification for hundreds of U.S. beef processing plants as well as approve a wide variety of beef cuts and beef products in preparation for a resumption in trade.
China is paving the way for an eventual reopening of its market to U.S. dried distillers grains by announcing a list of U.S. companies that are eligible to export the product, according to documents and sources.
China is continuing to follow through on promises to remove non-tariff barriers to U.S. farm commodities, according to a new compilation of goals that China agreed to in the “phase one” agreement that went into effect last month.
Chinese importers have been applying for — and getting — tariff exemptions to buy U.S. dairy products as a result of the “phase one” trade agreement, U.S. Dairy Export Council CEO Tom Vilsack tells Agri-Pulse.