ATLANTIC, the United States, June 25 -- From cattle feeders in Iowa to pecan growers in Georgia, U.S. farmers are worrying about further damage caused by market uncertainties as trade tensions between the world's two largest economies drag on.
DOWNWARD PRESSURE MAKES EXPANSION IMPOSSIBLE
In the last couple of months, the beef markets have "been getting cheaper for us. So we need to have some market stabilization and hopefully (they) go back up for us to do a little better," said James Vaughn, a farmer from Forsyth, Georgia.
Vaughn, whose beef operation includes 407 purebred Angus cows, was visiting his business partner -- feedlot operator Bill Pellett in Atlantic, a small city in the Midwestern state of Iowa.
"I attribute it (the lower price of beef) mostly to uncertainty, some of the economic uncertainty is being caused by the tariffs," Vaughn, who was the 2018 Georgia Farmer of the Year, said in a recent interview with Xinhua.
Since the mid 1990s, he has been marketing cattle to Pellett. After the cattle is finished in the feedlot, the meat is sold to export markets.
A deal to re-open the Chinese market for the U.S. beef was reached in June 2017, Vaughn recalled. "We were very excited about the prospect of (entering the Chinese market), we would like to be able to expand our business at home."
However, the beef export to China actually "stopped" after the United States initiated the tariffs battle against China, according to Vaughn's understanding.
【国际英语资讯:Feature: U.S. farmers frustrated by damage caused by tariff uncertainties】相关文章:
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