Weekly Outlook: NAFTA trade is important for meat industry
Story Date: 5/3/2017

 

Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 5/1/17


The 2016 election cycle created a lot of confusion about the importance and benefits of trade in general. In particular, a good bit of the election year rhetoric focused on trade within the NAFTA trade bloc (U.S., Canada and Mexico). In a recent farmdoc daily article, Schnitkey, Baylis and Coppess highlighted the importance of trade with Canada and Mexico for U.S. corn and soybean farmers, focusing specifically on imports of corn and soybeans by those two countries. However, in addition to examining feed grain and oilseed trade, it's important to examine meat trade as well. 

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