WTAQ Ag on Demand

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On Saturday evening, on a vote of 77-18, the U.S. Senate confirmed Luke Lindberg as USDA under secretary for trade and foreign agricultural affairs. U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom applauded the strong showing of bipartisan support in the Senate, noting Lindberg’s expertise on trade issues and his passion for expanding agricultural exports. Lindberg was formerly chief of staff and chief strategy officer at the Export-Import Bank. He more recently worked under Agriculture Secretary Brooke Rollins at the America First Policy Institute and served as president and CEO of South Dakota Trade, an organization that helps South Dakota companies expand global business opportunities. When the Senate returns from its August recess, Halstrom also urges swift confirmation of Dr. Julie Callahan, President Trump’s nominee to serve as chief agricultural negotiator at the Office of the U.S. Trade Representative.See omnystudio.com/listener for privacy information.

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The White House this week announced a framework for negotiating a trade agreement with Indonesia. More details are available in this joint statement from the U.S. and Indonesian governments and this White House fact sheet. U.S. Meat Export Federation (USMEF) Vice President of Economic Analysis Erin Borror points out that while Indonesian tariffs on U.S. red meat are only 5%, the country places a number of burdensome, non-tariff trade barriers on U.S. product, including plant-by-plant inspections of U.S. facilities and a complicated import licensing regime. If those non-tariff barriers can be cleared in an Indonesian trade deal, the immediate opportunity is an estimated $250 million in annual beef sales. Opening Indonesia more freely to U.S. beef could also help offset the impact of the current trade impasse with China by increasing demand for products such as short plates and short ribs. While Indonesia is a largely Muslim nation, there are more than 30 million non-Muslim residents who are exhibiting a growing demand for U.S. pork. And while U.S. pork faces similar barriers as beef, the small volume of U.S. pork exported there has doubled this year. See omnystudio.com/listener for privacy information.

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