Japan: Livestock and Products Semi-annual
Link to report:
FAS/Tokyo revises Japan's 2020 beef production slightly upward as a result of delayed slaughter at the end of 2019, yielding 1 percent growth. Expected growth in beef consumption will slow to just over 1 percent due in part to rising prices for imported trim used in hamburger production. Beef import growth is lowered to 2 percent with the United States regaining market share as a result of tariff reductions. Pork production is projected to remain flat as the industry struggles to rebound from Classical Swine Fever. Pork consumption is likely to grow slower than expected as consumers seek product innovation. A buildup of pork stocks at the end of 2019 will slow import growth as the United States expands market share due to lower tariffs.
Japan: Livestock and Products Semi-annual
