US cattle prices not expected to increase
Thursday, 29/06/2006
US Agriculture Department officials say it will take years to recover from Japan's mad cow-related ban on beef and producers there should not expect to see massive price rises.
US Agriculture Department livestock analyst Ron Gustafson says Japan's expected reopening of its market to US beef after it completes audits of US plants next month, will not bring a huge upswing in US cattle prices.
Mr Gustafson says it will take years to sell pre-mad cow amounts of US beef to Japan, which only buys certain cuts anyway.
"We don't sell whole carcasses to the Japanese or South Koreans, or anyone ... we sell cuts that, largely, we don't have the large demand for here in the US - short ribs, plates and so-forth - the fattier items," he said.
Beef trade is likely to come up in meetings in the US this week between President George W Bush and Prime Minister Junichiro Koizumi, since Japan has not yet set a specific date to resume imports.
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Sandhusker...........Isn't this contrary to what we have been told? :wink:
Thursday, 29/06/2006
US Agriculture Department officials say it will take years to recover from Japan's mad cow-related ban on beef and producers there should not expect to see massive price rises.
US Agriculture Department livestock analyst Ron Gustafson says Japan's expected reopening of its market to US beef after it completes audits of US plants next month, will not bring a huge upswing in US cattle prices.
Mr Gustafson says it will take years to sell pre-mad cow amounts of US beef to Japan, which only buys certain cuts anyway.
"We don't sell whole carcasses to the Japanese or South Koreans, or anyone ... we sell cuts that, largely, we don't have the large demand for here in the US - short ribs, plates and so-forth - the fattier items," he said.
Beef trade is likely to come up in meetings in the US this week between President George W Bush and Prime Minister Junichiro Koizumi, since Japan has not yet set a specific date to resume imports.
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Sandhusker...........Isn't this contrary to what we have been told? :wink: