NEWS
US Pork Sales to Japan Higher
Richard Smith DTN Tokyo Correspondent
Mon Aug 25, 2014 10:10 AM CDT

TOKYO (DTN) -- Japan's imports of U.S. pork exports were higher than last year in the January-May time frame, but U.S. exporters face stiffer competition from their EU competitors just when volume shortage due to porcine epidemic diarrhea has brought on higher U.S. prices.

In addition, the fall of the yen has reduced Japan's purchasing power.

Japan Ministry of Finance January-May 2014 figures provided by MEF economist Erin Borror show Japan's U.S. pork purchases went up 4% year-on-year to 185,388 metric tons (includes processed product).

PED has also hit Japan and the resulting pork shortage has created a need for ...

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