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Canadian beef exports to Japan have grown substantially in 2019.
News, News Roundup

Beef and veal exports up in 2019

Markets: News Roundup from the December 2019 issue of Canadian Cattlemen

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The latest numbers from Agriculture and Agri-Food Canada and Statistics Canada show that beef and veal exports grew significantly in 2019. As of September 30, Canada had exported a total of 330,757 tonnes of beef and veal, compared to 294,527 in the same period last year, a growth of 12 per cent. The dollar value […] Read more
Wagyu beef on skewers at a Tokyo market. (Michal_Staniewski/iStock/Getty Images)
Beef Cattle, Livestock, Markets, Reuters

Japan deal levels field for U.S. beef, but sales surge unlikely

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Tokyo/Chicago | Reuters — U.S. beef exporters, unhappy after President Donald Trump pulled out of a multilateral trade pact in 2017, stand to sell more meat in Japan after the U.S. leader and Japanese Prime Minister Shinzo Abe cut a deal to slice into tariffs. But agriculture experts say that for now, that boost may […] Read more
ICE January 2020 canola (candlesticks) and CBOT January 2020 soybeans (yellow line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola values stay rangebound

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MarketsFarm — Canola prices have been characterized as “firm one day and softer the next,” this week, remaining largely rangebound in light trading activity. “It’s hard to tell why, but canola oscillates between stronger than soybeans and then weaker,” said Ken Ball of P.I. Financial in Winnipeg. “It’s just spreaders playing back and forth with […] Read more
U.S. President Donald Trump holds a bilateral meeting with Japan’s Prime Minister Shinzo Abe on the sidelines of the 74th session of the United Nations General Assembly in New York City on Sept. 25, 2019. (Photo: Reuters/Jonathan Ernst)
Livestock, Markets, Reuters

U.S., Japan sign limited trade deal

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New York | Reuters — U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe signed a limited trade deal on Wednesday that cuts tariffs on U.S. farm goods, Japanese machine tools and other products while further staving off the threat of higher U.S. car duties. Trump said the deal would open up Japanese markets […] Read more
File photo of marbled Japanese beef on display at retail. (ES3N/iStock/Getty Images)
Livestock, Markets, Reuters

Japan set to grant TPP-level access for U.S. beef, pork

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Tokyo | Reuters — The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business daily said on Saturday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles. U.S. Trade Representative Robert Lighthizer and Economy Minister Toshimitsu Motegi reached the deal in Washington […] Read more
Wagyu beef on skewers at a Tokyo market. (Michal_Staniewski/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Japan now accepting Canadian OTM beef

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The last of Japan’s BSE-related restrictions on Canadian beef are lifted as of last Friday, with the Japanese government’s agreement to allow beef from Canadian cattle over 30 months of age (OTMs). Citing industry estimates, Agriculture and Agri-Food Canada said the added access announced Tuesday could mean an increase of up to 20 per cent […] Read more

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