ANALYSIS: Japan's Q3 2026 Beef Imports Fall as Storage Glut Curbs Buying
Japan's beef imports fell 3.4% year-on-year (YOY) to 124,093 metric tons (MT) in the third quarter (Q3) of 2026, as elevated cold-storage inventories and weak demand curbed buying, according to Trade Statistics of Japan data. Imports were also down 12.9% quarter-on-quarter (QOQ), marking the lowest Q3 total since 2023.
Australian shipments rose 12.2% YOY to 71,421 MT, lifting its share to 57.6%, the highest third-quarter share since 2011. Shipments from the United States (US) fell 15.8% YOY to 39,043 MT amid tight...
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