Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Undefined


January 10, 2019


Japan's beef to help lead agricultural exports to US$9 billion record

 
 

Beef will help spearhead Japan's agricultural exports to reach a target of JPY1 trillion (US$9.2 billion) in 2019, as global demand rises for sushi, sake and shochu spirits, Nikkei Asia Review reported.


Japan's beef exports could reach an annual record for 2018, with January-October shipments rising about 30% on the year to JPY18.8 billion (US$174.3 million). The freight-on-board price averaged $65 per kilogramme, with demand strong for pricey parts like sirloin in Hong Kong, Taiwan and the US.


According to Japanese Chief Secretary Yoshihide Suga, "[agricultural exports] target of one trillion yen is fully in sight" for 2019.


Exports of farm, fishery and forestry products increased 15% on the year to JPY734.1 billion's (US$6.8 billion) worth in the January-October period of 2018, the agriculture ministry said. The annual tally is likely to reach JPY900 billion (US$8.3 billion).


- Nikkei Asia Review

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read