US Beef Sales to Japan Racing Ahead of Last Year by 93 Percent!Tue, 26 Apr 2011 22:08:25 CDT
Despite the horrible disasters that sweep across the northeast coast of Japan earlier this year- beef buyers have booked and taken shipments on US Beef in quantities that have not been seen since before the first US case of BSE in December 2003. In fact, Phil Seng told reporters in a special beef checkoff webinar on the conditions currently seen in Japan that current beef purchases by the Japanese of US Beef are ahead of 2010 by an astounding 93%.
Seng does not expect that pace to continue, but still sees total US beef sales to Japan for the full calendar year as easily 25% greater than for all of 2010. And those totals reflect the island nation only taking beef from US cattle twenty months of age or younger.
In that special webinar, we asked the long time President and CEO of the US Meat Export Federation about the "why" of this large increase seen from January 1 up through mid April. Seng offered his take on the attitudes seen right now in the beef marketplace in Japan- and said at least one of the major keys to our success in 2011 has simply been "pent up demand."
You can hear Phil Seng answer our question regarding the "why" of the improvements in beef sales this year versus last on today's Beef Buzz.
The Beef Buzz is a regular feature heard on radio stations around the state on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Click on the listen bar below for today's show- and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
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