Beef Buzz News
USMEF's Dan Halstrom on What Japan's Meat Trade Really Wants from the US Beef Cattle Industry
Thu, 19 Sep 2019 10:10:33 CDT
Dan Halstrom, president and CEO of the US Meat Export Federation has been in abroad recently as part of a trade mission to Japan. In an interview with Radio Oklahoma Ag Network Farm Director Ron Hays, he explained what exactly it is the Japanese meat trade wants from the US beef industry.
“They want us to continue being a very reliable supplier as we have been for decades on beef to Japan,” Halstrom said. “I think our major importers, our major trade partners, the customers of those importers and the retailers and food service companies, etc.... I think there is a large amount of enthusiasm for the progress that’s being made under the negotiations process and the fact that sooner rather than later we will be on a competitive level playing field.”
Halstrom insists the relationship between the US beef industry and its loyal Japanese customers is very important to their mutual success. Halstrom reports that in 2003, prior to the infamous BSE scare, the US controlled approximately 70% of Japan’s imported beef business. Ever since then, after the BSE scare, the US beef industry has been battling to regain that lost ground from its competitors. Today, US market share in that arena is about 50%. With a formal bilateral trade agreement in the works between the US and Japan, coupled with the level of enthusiasm of Japanese customers behind that deal, Halstrom is confident in the industry’s future prospects to expand.
“There is room to grow compared to pre-BSE and our major customers in Japan can remember those days and I think they are well-positioned to increase their business with the US given all this recent progress,” he said. “There is nothing more important than a reliable supply source - not only from a volume standpoint but from a value standpoint and I think this will only help us to further penetrate the markets and grow our business.”
Listen to the full exchange between Halstrom and Hays about the US beef industry’s prospects to grow its Japanese beef market, on today’s Beef Buzz.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is 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.
Hear Halstrom and Hays discuss the US beef industry's prospects to grow its Japanese beef market.
right-click to download mp3
WebReadyTM Powered by WireReady® NSI
Beef News
Rabo Analyst Don Close Predicts Grow Yard Concept Will Become Essential to the Beef Pipeline System Mon, 21 Oct 2019 11:56:03 CDT
OSU's Janeen Salak-Johnson Tells Cattle Producers Being Open to Doing Things Differently Can Save an Industry Fri, 18 Oct 2019 15:02:09 CDT
OSU's Janeen Salak-Johnson Warns Beef Producers of the Coming Scrutiny from Animal Welfare Activists Thu, 17 Oct 2019 05:56:09 CDT
Letting the Markets Do What They Do - Economist Glynn Tonsor Explains All Wed, 16 Oct 2019 07:45:29 CDT
NCBA’s Season Solario Explains How the Checkoff is Working to Head Consumers Off at the Pass, Digitally Speaking Tue, 15 Oct 2019 09:31:40 CDT
NCBA’s Season Solario Unveils the Magic Behind the Success of the Beef. It’s What’s for Dinner Brand Fri, 11 Oct 2019 06:26:18 CDT
Changes in the Dynamics of Global Beef Trade Evident in Latest Export Numbers Out from USMEF Thu, 10 Oct 2019 13:42:22 CDT
Markets Well Down the Road to Recovery as Heat from the Tyson Fire Cools Down Wed, 09 Oct 2019 05:54:36 CDT
With a Trade Deal in the Bag, NCBA’s Kent Bacus Says Nothing Stands in the Way of US Beef’s Domination in Japan Tue, 08 Oct 2019 20:05:48 CDT
The Numbers Don’t Lie - K-State Economist Glynn Tonsor Says No Beef Demand Bump from COOL Mon, 07 Oct 2019 08:20:15 CDT
Better Times Ahead for Cow/Calf Producers Says LMIC Senior Economist Jim Robb Fri, 04 Oct 2019 07:00:38 CDT
Market Watcher Jim Robb Suggests Aggressive Female Slaughter Activity May Set Stage for Higher Fed Prices Thu, 03 Oct 2019 08:00:20 CDT
LMA’s Chelsea Good Shares Her Thoughts on Today's Hot Button Issues in the Animal Ag Industry Wed, 02 Oct 2019 09:26:24 CDT
Livestock Marketing Association’s Chelsea Good Working with Industry Partners to Address Post-Fire Market Concerns Tue, 01 Oct 2019 06:28:51 CDT
okPORK's Roy Lee Lindsey Exposes the Hypocrisy of Mandatory Country of Origin Labeling Mon, 30 Sep 2019 18:14:34 CDT
NCBA’s Colin Woodall Pushes Back on OCM’s False, Inflammatory Claims Regarding Checkoff Funding Mon, 30 Sep 2019 11:50:44 CDT
King Ranch Institute's Dr. Clay Mathis Talks Technology on the Ranch, and How to Make Money Using It Fri, 27 Sep 2019 14:29:24 CDT
King Ranch Institute's Dr. Clay Mathis Talks Technology on the Ranch, and How to Make Money Using It Fri, 27 Sep 2019 10:36:39 CDT
Trump Strikes Deal with Japan - NCBA Lobbyist Colin Woodall Affirms It's Just What Cattlemen Wanted Thu, 26 Sep 2019 10:25:22 CDT
Grow Yard Concept Finding Its Footing in Beef Industry - Analyst Don Close Says Opportunity Abounds Tue, 24 Sep 2019 10:30:21 CDT
K-State's Glynn Tonsor Says Struggling Cattle Markets Propped Up By Robust Domestic Beef Demand Mon, 23 Sep 2019 11:53:00 CDT
Burger King Reports Increased Sales of Conventional Beef Burgers Alongside Climbing Impossible Burger Sales Fri, 20 Sep 2019 10:34:32 CDT
USMEF's Dan Halstrom on What Japan's Meat Trade Really Wants from the US Beef Cattle Industry Thu, 19 Sep 2019 10:11:34 CDT
Formal Agreement with Japan Announced by White House Could Help Grow Island's Taste for Tongue Wed, 18 Sep 2019 11:05:20 CDT
OSU's Janeen Salak-Johnson on Killing the Sacred Cows of the Beef Business, How Being Open to Doing Things Differently Can Save an Industry Tue, 17 Sep 2019 10:34:24 CDT
OSU's Janeen Salak-Johnson Warns Beef Producers of the Coming Scrutiny from Animal Welfare Activists Mon, 16 Sep 2019 11:07:53 CDT
Repeal of WOTUS Strikes Emotional Chord with OCA's Michael Kelsey, Reflecting on Action's Significance Fri, 13 Sep 2019 11:36:52 CDT
American Angus Assoc. CEO Mark McCully Reflects on the Angus Breed's Role the Beef Industry Today Thu, 12 Sep 2019 11:49:28 CDT
Fall Looking Like a Mixed Bag for Beef - Peel Advises Producers Pay Close Attention to Market Dynamics Wed, 11 Sep 2019 10:06:31 CDT
Fall Looking Like a Mixed Bag for Beef - Peel Advises Producers Pay Close Attention to Market Dynamics Wed, 11 Sep 2019 10:04:16 CDT
Cattle Markets Not Expected to Improve as Seasonal Demand Shifts into Lower Gear Heading into Fall Tue, 10 Sep 2019 10:22:26 CDT
State Officials in Colorado Help Local Farmers, Ranchers Launch New "Better With Beef" Initiative Mon, 09 Sep 2019 11:21:19 CDT
Beef Industry Soon to Launch New Campaign Leveraging Consumer Interest in the BQA Program Fri, 06 Sep 2019 10:06:04 CDT
NCBA's Alisa Harrison Highlights the Tremendous Value Digital Marketing Adds to the Beef Checkoff Thu, 05 Sep 2019 10:27:08 CDT
Beef Checkoff Funded Research Helping to Correct the Misconceptions Surrounding Alternative Meat Products Wed, 04 Sep 2019 11:22:41 CDT
