US pork products to flood local market, as Ghana reaches agreement with USDA

Published 2023년 1월 24일

Tridge summary

Ghana is opening its market to imported pork and meat products from the United States, according to a deal between the country's Ministry of Food and Agriculture and the USDA's Food Safety and Inspection Service. This deal has sparked concerns among local livestock industry players about possible dumping and the risk to local meat production and the cedi. The Chamber of Agribusiness Ghana has expressed worry, citing high feed and operational costs for local pig farmers and the advantage offered to American producers. In 2021, Ghana's imported pork and pork products market was valued at US$16 million, with the EU dominating the market and the US not significant. However, the USDA believes this is an opportunity that will be exploited by American businesses.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Local pig farmers are in danger of being pushed out of business as the country officially opens its borders to large quantities of imported pork and meat products from the United States of America. Per a market access report from the United States Department of Agriculture (USDA), the Ministry of Food and Agriculture (MoFA) has sealed a deal with USDA’s Food Safety and Inspection Service (FSIS) by which the two parties have agreed to allow the products into the Ghanaian market. The report, which is available to the B&FT, indicates that ‘MoFA acknowledged receipt of the FSIS’ proposed certificate of export for pork and pork products, and confirmed its acceptance, adding: “The Ghanaian market is now officially open to US exports of pork and pork products in addition to other meat products from the United States”. The agreement was reached as a result of a request made by the USDA’s FSIS on October 24, 2022 for Ghana to allow pork products to be imported into the country in huge ...

Source: Thebftonline