Farms.com Home   Ag Industry News

Canada Expands Market Access in Japan for Canadian Beef

Canadian Government Helps Improve Export Beef Market in Japan

By , Farms.com

The Government of Canada has reached a new deal with Japan to enhance market access to Canadian beef. The access is for beef cattle less than 30 months of age, which is an improvement compared to the old requirements, which only permitted beef exports from animals less than 21 months of age. Expanding the age requirement will provide Canada will better export access to Japan with exports expected to reach $150 million annually.

"Our Government welcomes this expanded access for Canadian beef into the valuable Japanese market,” said Minister Ritz. "This agreement will put more top quality Canadian beef on Japanese store shelves while strengthening our producers' bottom lines and growing our overall economy.”

The revised regulations will come into effect Feb 1, 2013. Japan is Canada’s third-largest export market for beef. Since the 2003 case of Bovine Spongiform Encephalopathy (BSE) found in an animal in Canada, government and industry has been working hard to reopen markets - like Japan, which have taken years of negotiation.


Trending Video

NEW “FEMO” = AI STOCK FRENZY!

Video: NEW “FEMO” = AI STOCK FRENZY!


The new acronym on Wall Street is not “FOMO”, its “FEMO” - Fabulous Earnings Momentum. DELL this week crushed their earnings and revenue guidance sending the stock up 40%! Micron's valuation went from 500 billion to 1 trillion in 48 days!
U.S. Corn Belt drought expanding need timely rains in June.
Rumors this week that China was lowering U.S, ag tariffs and wanting to buy U.S. corn?
Flood could damage crops in China like corn and wheat.
U.S./Iran 60-day truce = lower crude oil futures by end of June.
U.S. urea futures down 28%.
Soy oil and canola futures technically breaking out
+ CFTC.