ANALYSIS: Japan's Sept 2024 Beef Imports Plummets to 7-Month Low Amid High Inventory Pressure
Japan’s beef imports in September 2024 plunged 21.9% month-on-month (m-o-m) to a seven-month low, totalling 38,177 metric tonnes (mt), as reported by Trade Statistics of Japan.
At the lowest level since February 2024, this 10,707 mt decline was mainly led by lower volumes from its major suppliers, apart from Mexico. This monthly slowdown traces back to lingering challenges from Japan’s scorching summer, which curtailed foodservice consumption and led to inventory buildups across key regions such as Tokyo...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.