Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.
Joint Statement of the Trilateral Meeting of the Trade Ministers of Japan, the US, and the EU
Mr. Kajiyama Hiroshi, Minister of Economy, Trade and Industry of Japan, Ambassador Robert E. Lighthizer, United States Trade Representative, and Mr. Phil Hogan, European Commissioner for Trade, met in Washington, D.C. on 14 January 2020.
On industrial subsidies, the Ministers discussed ways to strengthen existing WTO rules on industrial subsidies and agreed upon the following:
1. The current list of prohibited subsidies provided for in Article 3.1 of the Agreement on Subsidies and Countervailing Measures (ASCM) is insufficient to tackle market and trade distorting subsidization existing in certain jurisdictions. Therefore, new types of unconditionally prohibited subsidies need to be added to the ASCM. These are...
USMEF Statement on Approval of U.S.-Japan Trade Agreement
On Dec. 4, the Upper House of the Japanese Parliament approved the U.S.-Japan trade agreement, which will greatly improve access for U.S. red meat in Japan. Key provisions of the agreement, which was approved by Japan’s Lower House on Nov. 19, were released in October by the Office of the U.S. Trade Representative (USTR).
USMEF President and CEO Dan Halstrom issued this statement:
With the U.S.-Japan trade agreement now approved by the Japanese Parliament, the U.S. beef and pork industries look forward to expanded opportunities in Japan, which is already the largest value destination for U.S. pork and beef exports (combined export value in 2018 was $3.7 billion). This agreement is one of the...
NCBA Statement on Trade Agreement with Japan
National Cattlemen’s Beef Association (NCBA) President Jennifer Houston today issued the following statement after attending a White House ceremony in honor of the bilateral trade agreement between the United States and Japan that will lower Japan’s massive tariffs on U.S. beef.
“I was deeply honored to attend the ceremony at the White House where we celebrated a bilateral trade agreement with Japan. As the top market for U.S. beef exports, Japan accounts for one quarter of our exports and roughly $2 billion in annual sales. As a beef producer, I understand the value of exports to my bottom line, and President Trump understands that increased access to foreign markets like Japan is the economic stimulus we need. We are grateful for President Trump’s leadership and for the hard work of...
NCC Applauds Signing of US-Japan Trade Deal
The United States and Japan outlined initial details of a trade deal as the countries work on details of a broader agreement in the coming months.
Under the agreement, frozen U.S. poultry will be among the agricultural products that will benefit from staged tariff elimination.
“Under the U.S.- Japan Trade Agreement, frozen chicken products will receive favorable tariff reductions enabling our products to compete more effectively with those countries in...
NPPC Officers Join President Trump for Japan Trade Pact Signing Ceremony
President Trump and Japanese Prime Minster Abe signed a trade agreement that will once again allow U.S. pork producers to compete on a level playing field in Japan. NPPC President David Herring and President-Elect Howard “A.V.” Roth joined President Trump for the signing of the agreement in New York during the United Nations General Assembly meeting.
“I am honored to represent U.S. pork producers at a signing ceremony so important to my fellow hog farmers around the country,” said Herring, a pork producer from Lillington, North Carolina. “We’ve seen market share declines in Japan, historically our largest value export market, since the start of the year when international competitors gained...
U.S. Poultry, Egg Industries Welcome Announcement of Japan Trade Agreement
U.S. poultry and egg organizations welcome the announcement of a trade agreement between the United States and Japan, an achievement that stands to benefit our industry.“Frozen chicken, turkey, and processed egg products will receive favorable tariff reductions enabling our products to compete more effectively with those of countries in the Trans-Pacific Partnership,” the USA Poultry & Egg Export Council (USAPEEC), National Chicken Council (NCC), National Turkey Federation (NTF) and United Egg Producers (UEP) said in a joint statement issued Monday.“While this is just the first stage of a bilateral agreement, it is welcome news and we would like to thank President Trump, Secretary Perdue and Secretary Lighthizer for...
Industry Reacts to U.S. Trade Agreement with Japan
On Sunday, President Trump announced that the United States and Japan reached a trade deal in principle, that would pave the way for more exports of U.S. agricultural products to Japan. In a tweet, President Trump stated, "We have excess corn in various parts of our country with our farmers because China did not do what they said they were going to do. And Prime Minister, Abe Shinzo, on behalf of Japan, they're going to be buying all of that corn."
Sonny Perdue, U.S. Secretary of Agriculture, said, "Japan is a significant market for United States agriculture exports, making today a good day for American agriculture. By removing existing barriers for our products, we will be able to sell more to the Japanese markets." Perdue added that at the same time, the United States will be able to close gaps that allow...
U.S. Pork Industry Battling Challenges, NPPC President Tells Capitol Hill
The U.S. pork industry faces numerous challenges both at home and abroad that, if not addressed, will pose significant harm to our farms, rural communities and ultimately consumers, National Pork Producers Council (NPPC) President David Herring, a pork producer from Lillington, N.C., testified this morning before the House Agriculture Subcommittee on Livestock and Foreign Agriculture.
“One of the most damaging threats to the U.S. pork industry has been the punitive, retaliatory trade tariffs that China and other countries have imposed,” Herring told the subcommittee.
China is the largest consumer and importer of pork in the world, but U.S. hog farmers have been sidelined, Herring told the subcommittee, due to China’s...
Crowd Cow Imports the A5 Wagyu Japanese Packer Brisket as New Product Offering
Crowd Cow, the online marketplace that sources its meat directly from the top 1% of farms and ranches across the country, including Japan for its Wagyu products, announced today that they have exclusively imported a limited amount of Japanese A5 Wagyu "Packer Briskets" into the United States. These briskets, the popular cut for barbecuing that comes from the lower chest of the cow, have a unique cut plan, different from that of a domestic brisket, which lends itself to weighing in at over 30 pounds untrimmed. Even more rare and exclusive are the fewer than 20 Olive Wagyu Briskets from Kagawa that Crowd Cow is offering. The marbling and tenderness of authentic Japanese A5 Wagyu produces...
U.S. Beef Gains Full Access to Japan
U.S. Secretary of Agriculture Sonny Perdue today announced that the United States and Japan have agreed on new terms and conditions that eliminate Japan’s longstanding restrictions on U.S. beef exports, paving the way for expanded sales to the United States’ top global beef market. Last week, on the margins of the G-20 Agriculture Ministerial Meeting in Niigata, Japan, Secretary Perdue met with Japanese government officials and affirmed the importance of science-based trade rules. The new terms, which take effect immediately, allow U.S. products from all cattle, regardless of age, to enter Japan for the first time since 2003.
“This is great news for American ranchers and exporters who now have full access to the Japanese market for their high-quality, safe, wholesome, and delicious U.S. beef,” Secretary Perdue said. “We are hopeful that Japan’s decision will help...
NPPC Calls for Swift US/Japan Trade Negotiation
The National Pork Producers Council welcomed reports that the United States and Japan will commence trade negotiations on April 15, 2019 and urged the Trump administration to expeditiously complete and deliver for ratification to Congress a trade deal that puts U.S. pork producers back on a level playing field in Japan.
“U.S. pork producers are losing market share in Japan to international competitors that have recently negotiated more favorable trade terms in our most valuable market,” said David Herring, NPPC’s president and a pork producer from Lillington, North Carolina. “We are already seeing a decline in ...
USMEF Economist Stresses Importance of Trade with Japan at USDA Outlook Forum
The importance of Japan as a trading partner for U.S. agriculture was the focus of a Feb. 22 panel discussion at the USDA Agricultural Outlook Forum in Arlington, Virginia. U.S. Meat Export Federation (USMEF) Economist Erin Borror explained that Japan is the leading value destination for both U.S. beef and U.S. pork, with 2018 exports expected to reach $2.1 billion and $1.65 billion, respectively, when year-end data is available. But Borror also cautioned that the competitive terrain in Japan has gotten steeper for U.S. red meat due to Japan’s preferential trade agreements with Australia, the European Union, Canada, New Zealand, Mexico and Chile, and this situation will worsen unless the United States secures similar access terms with Japan.
Borror noted that U.S. beef export value per head of fed slaughter averaged a record $320.72 in 2018, up 14 percent year-over-year and shattering the previous high ($300.36) set in 2014. Japan accounts for one-fourth of this total, or $82.75 per head. The ratio is similar for ...
Sysco Announces U.S. Launch of Sysco Simply Plant-Based Burger Patty
Industry Applauds Senate Ratification of the USMCA
What the Trade Agreement with China Means for the Meat and Poultry Industry
Industry Reacts to Phase One Trade Agreement with China
Certified Angus Beef: Consumer Demand, Ample Supply Spur Growth
URNER BARRY INDICES