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Mexico Halts Meat Imports Over Labeling
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| Parent(s) |
Issue
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| Contributor | Jason |
| Last Edited | Jason Dec 28, 2008 05:28am |
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| Category | News |
| Media | Newspaper - Wall Street Journal |
| News Date | Sunday, December 28, 2008 11:00:00 AM UTC0:0 |
| Description | Trade tensions between the U.S. and Mexico worsened as Mexico blocked imports of meat from at least 30 U.S. meat processing plants.
The move, which took effect Wednesday, came about a week after the Mexican government filed a complaint at the World Trade Organization about a new U.S. law that requires labeling the origin of fresh beef and pork imported to the U.S.
U.S. trade partners are concerned the country-of-origin labeling policy will encourage American consumers to favor U.S.-raised meat. The law, which was included in the 2008 Farm Bill and took effect Sept. 30, requires supermarkets or other food retailers to label or otherwise display the country of origin for meat, produce and certain kinds of nuts.
Plants that process meat for Tyson Foods Inc., Smithfield Foods Inc. and other large beef, pork and poultry processors were among those listed as unable to sell meat into Mexico.
In trading Friday at the Chicago Mercantile Exchange, the cattle contract for December delivery sank 1.575 cents a pound to settle at 85.9 cents a pound. |
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