NEWS
Falling Yen Weighs on Beef
Richard Smith DTN Tokyo Correspondent
Fri Mar 15, 2013 03:39 PM CDT

TOKYO (DTN) -- That last month and a half should have been bright for U.S. and Canadian meat exporters after Japan hiked its anti-BSE beef age limit Feb. 1 to 30 months from the previous 20 months.

But the fall of the yen, going from 82 to the dollar in early December to 96 early this week, throws a shadow on expectations of greater sales opportunities.

A significant part of the food service and retail industries that could not purchase U.S. beef will now have the opportunity to do so, which will increase availability to the consumer, said Greg Hanes, ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Strong Immunity Wins Two weeks after calving, cows lose body condition. But if she is short on nutrients, too, that dr...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Klinefelter: By the Numbers Farm lenders should halt their petty rivalry and focus on agriculture's best interest: Our nation...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • GOP Picks Conaway as House Ag Chairman The House Republican Steering Committee on Tuesday selected Rep. Michael Conaway, R-Texas, as the...
  • Head Start A Pennsylvania teen has two years of a farm-to-fork business under his belt and is looking to exp...
  • Woodbury: Farm Family Business One of the world's wealthiest families measures success not in dollars but in authenticity.
  • Ask the Vet A warning about bull breeding soundness.
Related News Stories
Strong Immunity Wins
DTN Weekly Distillers Grains Update
DTN Weekly Distillers Grains Update
Stacking the Odds
USDA Advancing Beef Checkoff
Merck Unveils New Zilmax Safety Plan
Cut the Bull
DTN Weekly Distillers Grains Update
COOL Appeal Likely in 2015
Court Denies COOL Appeal