The American Farm Bureau Federation says the new change to the U-S trade agreement with Japan is a big win for American beef producers. Sabrina Hill reports.
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AFBF President Bob Tallman says “This is great news for American cattle producers and it should have positive ripple effects for other U.S. food and agricultural sectors.”
The changes will allow exports of U.S. beef from cattle less than 30 months of age to enter that Asian market starting today.
AFBF economist Veronica Nigh says The true bonus could be the fact that an influx of U.S. beef could lower consumer prices in Japan, and, as a result, lead to higher consumption levels in Japan.
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