Case IH Power Tab

Farm Futures
   Search Site:   Saturday, May 26, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

Optimism, Not Breakthrough Seen in Japanese Beef Trade Talks

Reports indicate China may resume U.S. beef trade within the next month.
Jacqui Fatka 
Published: Mar 30, 2006

National Cattlemen's Beef Association President Mike John expressed his views with Japan's closed beef market doors likely the same as nearly every other producer across the country, "We're frustrated. At some point, enough is enough. We're anxious to be trading partners once again."

John made the comments during a media conference at NCBA's Spring Conference in Washington, D.C., Thursday.

A U.S. technical team visited Japan this week to continue bilateral negotiations to resume beef trade after ineligible material in a veal shipment in January closed the doors. Jay Truitt, NCBA vice president of governmental affairs, says although he doesn't know a lot of details about the delegation's visit, he is "fairly optimistic about having an outcome here in the near future to meet everyone's expectations."

According to Japan's Kyodo News Service, technical team leader Charles Lambert, acting U.S. agriculture undersecretary for marketing and regulatory programs, called Japan's actions to halt trade "excessive" compared to a similar situation in Hong Kong.

"They (Hong Kong) did choose to delist the one plant and ... Japan shut off all plants. We feel that was excessive, obviously," Lambert told Kyodo.

Trade resumption advancing with South Korea, China

NCBA CEO Terry Stokes says although there is not a definitive answer about when trade resumption will occur with South Korea, it's NCBA's hope that it would be before summer.

In comments to NCBA members Thursday, Secretary of Agriculture Mike Johanns acknowledged the latest bovine spongiform encephalopathy case has caused concern with some key trading partners such as South Korea, which had planned to reopen its market to U.S. beef in coming weeks.

"I would be less than candid if I did not share that this is somewhat of a setback with regard to South Korea," he says. "But not a day goes by that we are not in consultation with the South Korean government."

Johanns said it is USDA's objective to not only reopen the South Korean market to boneless beef soon, but also to bone-in products that have historically comprised much of the beef exported to that nation.

News reports also indicate China sent a group of inspectors to the U.S. this week for its own beef trade resumption. Some hypothesize that China may resume trade before China's president visits the U.S. next month.

He says it is hard to speculate if China will resume trade in the next month, but they'll take a wait and see approach of what realities actually emerge with a market that has vast market potential.



Permalink: Click here

Tagged: NCBA, usda, National Cattlemen's Beef Association, bovine spongiform encephalopathy

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
USDA Seeks Comment on Report Timing
Read this storyWith new market hours,USDA is looking into the right time to release information to the market.
Read this story

Weekend Forecast Changes Pivotal for Grain Futures
Read this storyEurope remains a concern, but the big driver on Tuesday will likely be the state of next week’s anticipated Midwest rains.
Read this story

Farm Markets Rise Ahead of Holiday
Read this storyOvernight boost based on positive comments from Europe aimed at pressuring Germany.
Read this story

 
USDA Seeks Comment on Report Timing
Afternoon Recap by Arlan Suderman
Weekend Forecast Changes Pivotal for Grain Futures
The Buzz: Grain Market Chaos Continues
Morning Call by Bryce Knorr
Weekly Fertilizer Review
Satellite Imagery Shows the Good and the Bad
CRP Signup Results Announced
Farm Markets Rise Ahead of Holiday
Livestock Call By John Otte
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com