Japan: Livestock and Products Semi-annual

As Japanese pork production recovers from PEDv, Japanese beef production will likely continue along its recent downward trend in 2015. While the Japanese pork market may look more recognizable in 2015 as the effects of PEDv, the U.S. West Coast ports labor dispute, and Russian import bans dissipate, there is a potential for lasting market share impacts as Japanese buyers’ familiarity with new suppliers continues to grow. As U.S. and Australian beef production levels in 2015 portend continued tight global exportable supplies, Japanese beef market prices are likely to remain high, fueling further consumer protein diversification. Anticipated increases in Australian beef price offers in 2015 could offset some of the benefits of the Japan-Australia free trade deal.

Japan: Livestock and Products Semi-annual