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Recovering Japan Market Will Take Time

2013-01-29 16:17:00| Beef

By Len Steiner and Steve Meyer, CME Group Daily Livestock Report The office of the U.S. Trade Representative officially confirmed on Jan. 28 that Japan will relax its current rules on U.S. beef and raise the age of cattle eligible for export to Japan from 20 months or younger to under 30 months. The change makes the rules governing Japan exports consistent with those of other major Asian markets and will significantly increase the supply of product that could potentially be exported to this market. read more

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