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While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in farm and food products with the European Union.
U.S. exhibitors at FOODEX 2016 report more than $25 million in projected sales; FAS/Japan helps promote U.S. beef, soybeans and organic products...
U.S. beef is poised to reclaim lost market share in 2016, as Australian supplies tighten and price offers climb, despite a widening tariff advantage for Australian beef.
Japan’s feed industry relies almost entirely on imported grains.
The EU-28 broiler meat production is expected to increase in 2016.
The hotel, restaurant and institutional (HRI) food service industry performed favorably in 2014 and 2015, finally recovering from the prolonged negative impacts of the March 2011 earthquake.