Cattle industry 'very concerned' about Trump's pledge to renegotiate NAFTA
Story Date: 2/7/2017

 

Source: SOUTHEAST FARM PRESS, 2/6/17

The largest U.S. cattle trade group said it’s “very concerned” about President Donald Trump’s pledge to renegotiate the North American Free Trade Agreement, which calls into question whether the industry will continue to enjoy its current level of market access in Mexico and Canada.  A shakeup of NAFTA now would come as U.S. beef output is forecast to rise to a six-year high. More supplies mean the industry must continue to export or face a chronic oversupply.

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