Asia

Korean farmers protest low cattle prices, beef prices still high

Farmers united in Seoul on Jan. 16 to protest low wholesale cattle prices they say are driving them out of business. FULL STORY »

China’s economy creates opportunity for U.S. ag in 2012

American has an opportunity in 2012 to capitalize on the emerging middle class in China who is seeking more protein and higher quality food. FULL STORY »

Oversupply hurting cattle prices in South Korea

Cattle producers in South Korea are facing a situation opposite of U.S. producers as low prices make cattle management more difficult. FULL STORY »

Japan halts beef imports from one U.S. meat plant

Japan halted beef imports from a U.S. packing plant after finding material prohibited under rules to control the risk of mad cow disease, the government said on Wednesday. FULL STORY »

US senator encouraged by Japan beef review

U.S Trade Representative Ron Kirk on Monday welcomed Japan's decision to review its ban on certain cuts of beef from the United States as a sign of Tokyo's interest in joining talks on an Asia Pacific free trade pact. FULL STORY »

S. Korea ratifies free-trade agreement amid chaos

South Korea's ruling party forced a long-stalled free trade deal with the United States through parliament Tuesday, enraging opposition lawmakers who blasted their political rivals with tear gas. FULL STORY »

Cattle Outlook: Beef exports up 27% in first 3 quarters of 2011

The World Trade Organization has determined that the U.S. Country of Origin Labeling rules (COOL) are "inconsistent with the United States' WTO obligations" in part because they afford less favorable treatment to imported Canadian cattle and hogs. I assume this means the COOL regulations will change, eventually. FULL STORY »

S. Korea president pushes for stalled U.S. trade pact

South Korea's president made a rare trip to parliament on Tuesday to urge legislators to vote through a free trade agreement (FTA) with the United States which critics say could threaten South Korea's national interests. FULL STORY »

Japanese beef import restrictions: Changes and implications

The beef industry took full note of media releases last week indicating Japan may soon relax the current restriction of imported U.S. beef being from animals under 21 months of age. FULL STORY »

USMEF expects Japan to ease beef restrictions by April 1

Bloomberg reports Japan is expected to allow U.S. beef from cattle aged 30 months and younger begging April 1. FULL STORY »

U.S. beef sales decline 27 percent

Beef exports fell 5,640 metric tons to 15,262 MT last week, falling below the average for the year. FULL STORY »

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FourTrax(R) Foreman 4x4

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