date:Apr 11, 2013
While the easing of the yen over the last three months certainly added momentum in Japans export sector and lifted confidence in the stock market, it also significantly increased the cost of imported products, including beef.
As a result, beef imports from all key suppliers including the US were down during February, with frozen beef shipments accounting only 77% of the previous years total, at 16,645 tonnes swt.
Positive sentiments caused by the relaxation of US beef import protocols to cattl