NEWS
Asia to Import Less Pork
Richard Smith DTN Tokyo Correspondent
Fri Nov 2, 2012 08:45 AM CDT

TOKYO (DTN) -- The major East Asian markets will be importing less pork next year because of an anticipated contraction in total supply and weak demand.

This year, because of the high yen and a rise in global pork production, Japan has been able to import pork at a relatively low price, the executive director of the 30-member Japan Meat Traders' Association said.

Tatso Iwama explained that U.S. producers are reacting to the drought-induced higher feed prices by taking many sows and meat hogs to market to reduce costs.

The resultant pork shortage will lead to higher prices for imported ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Year-End Tax Panic Do-it-yourselfers beware: Last-minute tax rules could complicate your 2014 returns. Small employe...
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Elections Won't Soften TPP Issues