Trade has been top of mind for beef producers this past year as export volumes dropped and cattle prices have fallen. A rally could be around the corner with the Trans-Pacific Partnership (TPP) being signed by 12 member countries on Thursday. The trade agreement might be one of the biggest opportunities to turn-around a sliding cattle market. “When you look at the downward pressure we’ve had in the markets over the tail end of 2015 and now into 2016, we’re trying to find all the value we can,” says Colin Woodall, vice president of government relations with the National Cattlemen’s Beef Association (NCBA). Exports and offal took a $200/head. Read more...
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