The livestock industry continues to watch U.S. and China relations, and what it could mean for beef exports to China. In his “In the Cattle Markets” column for the Livestock Marketing Information Center, University of Nebraska Extension livestock economist Elliott Dennis says the issue has been of increased concern in recent weeks. “Over the last several weeks there have been ongoing heightened tensions between the U.S. and China over the Taiwan situation,” Dennis says. “This has caused some concern among producers about the sensitivity of the U.S. beef industry to Chinese purchases.” He says China has been a bigger market…