Asia Pacific | World beef trade winner from reform-Australia report | Austral...

Asia Pacific

 

World beef trade winner from reform-Australia report

Australian beef producers stood to gain extra profits of around A$870 million ($530 million) a year if all trade barriers in the world beef market were removed, a report released on Wednesday showed.

 

Freeing up the Beef Trade
Magellan Report backs Cairns Group proposals for global beef trade.

 

Europe

 

Russian govt may examine meat quotas modification
Russia's government may re-examine the system of distributing poultry, beef and pork import quotas, a spokesman for the Economic Development and Trade Ministry said on Wednesday.

 

House Ag chairman tells EU: Drop the import ban on GMO foods
In a meeting in Brussels last week with European Union Trade Commissioner Pascal Lamy, Rep. Bob Goodlatte (R-Va.), House Agriculture Committee chairman, pressed the EU to drop its moratorium on the importation of genetically enhanced foods, according to a news release.

 

USA

 

Bush wants $1 million audit of beef packer financials
The Bush administration's budget proposal is requesting $1 million to audit the top four U.S. beef packers, an Agriculture Department official said late last week.

 

U.S. Launches Project to Sequence Cattle Genes 
The National Human Genome Research Institute said on Tuesday it had approved spending $50 million to sequence all the genes in cattle. The work will be done in Texas, at the Baylor College of Medicine and Texas A&M University.