Farms.com Home   Ag Industry News

Taiwan U.S. Beef Dispute Not Over

U.S. and Taiwan to Resume Trade Talks

By , Farms.com

The announcement made by the Taiwanese government to lift its ban on U.S. beef is conditional. It’s expected that Taiwan and the U.S will begin their discussion over the resumption of six year stalled trade talks in October 2012. The resumed discussions will take place under the Trade and Investment Framework Agreement. This news comes after the Taiwanese governments passed amendments to its food and safety act to conditionally allow important on U.S. beef containing ractopamine – a drug that has been previously banned. The drug is administered to livestock to enhance meat tenderness.

The key condition revolving around the ban is restrictions over safe traces of ractopamine levels. Representatives from the U.S. Congress seem optimistic that the two parties will be able to solve the trade dispute and agree upon a full-fledged trade agreement.


Trending Video

USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.