Local Producers Happy About Resuming Beef Trade With Japan

US - Gary Heine doesn't know how the U.S. beef market will respond to the resumption of beef trade with Japan. But he's confident it can't do anything to hurt prices domestically. "I'm cautiously optimistic. Anytime another market opens up, I'm optimistic. It gives the beef market another opportunity to increase prices," said the owner of Yankton Livestock Auction Market. "The amount of boxed beef now coming into the U.S. from Canada has had an adverse effect on fat cattle by driving down prices. Hopefully with Japan, the prices will level out and eventually climb upwards."

Source: Yankton Daily Press
calendar icon 11 November 2004
clock icon 1 minute read
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