Salem, Ore. – Today it was announced that the Trans Pacific Partnership (TPP) ministers have concluded negotiations. What does this mean? It means the United States is one step closer to having TPP go into effect.
TPP is a multila teral trade agreement being negotiated by the United States and 11 other nations. Industry leaders around Oregon and across the nation agree that TPP will enhance Oregon’s number one agricultural commodity, cattle and calves.
Ray Sessler, president of the Oregon Cattlemen’s Association, is supportive of TPP and sees that the agreement will help Oregon producers expand their operations. “We believe TPP will provide one more tool in our saddlebags to compete on the world stage,” Sessler said. “In the long run, we expect the agreement to add some stability to the (cattle) market.”
Beef Northwest’s Director of Customer Development and Grain Procurement Ron Rowan, says he is supportive of the agreement moving forward. “TPP will help increase our exports and this is a good opportunity for the cattle industry in Oregon because we are in a good location to access that market,” Rowan said. He notes that the agreement will decrease barriers and open new markets for Oregon Feedyards.
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