Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
ANALYSIS: Korea Poised for Early Activation of Safeguard Mechanism on Australian Beef Amid US Supply
Australian beef imports into Korea could face a tariff rate increase of 24.0% as the Special Agricultural Safeguard (SSG) mechanism is expected to activate earlier than in previous years. Korea's increasing reliance on Australian beef amid dwindling US supply has long suggested an earlier activation of the safeguard tariffs.
Under the Korea-Australia Free Trade Agreement (KAFTA), the safeguard volume for this year is set at 188,437 metric tonnes (mt). Any imports exceeding this safeguard volume limit in 2024 will incur a tariff rate of 24.0%...
ANALYSIS: China Set to Trigger Safeguard Mechanism on Australian Beef Imports for the 5th Time
Australian beef imports into China may soon face a 12.0% Most-Favoured Nation (MFN) tariff rate, as the Special Agricultural Safeguard (SSG) mechanism is set to trigger for the fifth time.
Following previous activations in 2018, 2019, 2020, and 2023, this tariff applies for the remainer of the year if imports from Australia exceed 178,418 mt in 2024.
Based on the data from the General Administration of Customs of the People's Republic of China, imports from Australia at the end of July...
FEATURED STORIES
HPAI H5N1 Virus in Dairy Cattle – What We Know
ANALYSIS: EU Egg Imports and Exports Show Growth in the First Half of 2024
ANALYSIS: Brazilian Beef Exports Hit a New Record High in September, 8.4% MoM and 17.4% YoY.
ANALYSIS: U.S. Dressed Steer Weights Continue in Record High Fashion
ANALYSIS: China Activates Australian Beef’s Safeguard Mechanism in Surprise Move