GFM Network News


Wagyu beef on skewers at a Tokyo market. (Michal_Staniewski/iStock/Getty Images)

Japan now accepting Canadian OTM beef

The last of Japan’s BSE-related restrictions on Canadian beef are lifted as of last Friday, with the Japanese government’s agreement to allow beef from Canadian cattle over 30 months of age (OTMs). Citing industry estimates, Agriculture and Agri-Food Canada said the added access announced Tuesday could mean an increase of up to 20 per cent […] Read more

CME August 2019 live cattle with Bollinger bands (20,2) and 50-day moving average in purple. (Barchart)

U.S. livestock: Live cattle rise as Japan drops U.S. beef import curbs

Chicago | Reuters — U.S. live cattle futures on the Chicago Mercantile Exchange (CME) closed higher on Friday, buoyed by news that Japan will eliminate long-held restrictions on U.S. beef imports, traders said. The agreement reopens full beef trade after Japan in 2003 banned U.S. beef over concerns about bovine spongiform encephalopathy (BSE), which roiled […] Read more