Impact of Chinese Accession to the World Trade Organization on U.S. Meat and Feed-Grain Producers
Changes in China's food situation and trade behavior have important implications for U.S. agricultural exports. This report considers some of the trends in China's meat market. It also uses a partial equilibrium model of China's livestock and grain sectors to examine the impact of tariff reductions on Chinese pork and poultry imports. The results suggest that liberalization of China's pork and poultry markets will cause a relatively large change in world trade levels without causing any serious price disruptions, and that the United states is in a good position to capture most of the benefits of such a liberalization.