Changing political climate and lowering restrictions on the import and export of Argentine cattle may have an effect on the long-term ability for US producers to stay relevant in the market. Domestically, Argentina should supply a small quota of 20,000 tons to the US, according to Successful Farming. However, the movement of Argentine beef could cause increased competition among US exporters targeting the Chinese market.
With experts on both sides still conflicted about the overall impact of these changing regulations, US producers should keep a close eye on international markets. Acadian Industrial Textiles will continue to monitor changing trends in the agriculture industry and provide updates as they become available.