Norway’s summertime drought conditions have prompted cattle farmers to bring their herds to slaughter earlier this cattle season than normal.This sudden influx of unexpected cattle has overwhelmed Norway’s meat processing plants.
Nortura, the Norwegian agricultural processing cooperative, has sought relief from Norway’s Agriculture Directorate to slow the unusually high volume of beef.
With its cold locker storage facilities at maximum capacity, Nortura found itself unable to process incoming domestic cattle, and prompted the co-op to seek relief from Norway’s Agriculture Directorate in the form of a tariff.
Applying a tariff upon imported beef slows foreign trade and would allow Nortura to ‘catch-up’ with the huge demand for domestic cattle processing.
Nortura Director Ole Nikolai Skulberg commented upon the pending tariff, saying
“As expected, increasing duty fees at customs will stop or drastically slow imports of foreign cattle meat. A customs duty on imported cattle meat was originally slated for August 1st.’ –
“Our request to the Agriculture Directorate was successful and they’ll bump the date a couple of weeks ahead of schedule. I expect that they’ll begin applying the duty to foreign cattle imports in about a week’s time,” said Nortura’s Skulberg.
Nortura is a Norwegian agricultural cooperative owned by about 30,000 farmers working in unison throughout the country, with brands that include Gilde, Eldhus
(smoked meat) & Thulefjord (products from Northern Norway).
Norwegian tariffs for industrial goods are low, usually between 3% and 6%. Goods imported from an EEA country are free from import duty.
Any import of products is subject to Value Added Tax, which is currently levied at 25% (standard rate, though four other rates are in place).
© NTB scanpix / #Norway Today