The U.S. Meat Export Federation (USMEF) said Japan is continuing to buy U.S. beef. Exports to the island country continued to gain momentum in June, with volume up 7 percent and value up 13 percent compared to 2016.
While demand for U.S. beef is very strong in Japan’s retail and food service sectors, frozen exports to Japan face a higher tariff rate through March 2018. The tariff on U.S. frozen beef has risen from 38.5 percent to 50 percent.
Hear what role Close said the Trans-Pacific Partnership played in this decision on AgDay above.