JAPANESE IMPORT DEMAND FOR U.S. BEEF AND PORK: EFFECTS ON U.S. RED MEAT EXPORTS AND LIVESTOCK PRICES

dc.creatorMiljkovic, Dragan
dc.creatorMarsh, John M.
dc.creatorBrester, Gary W.
dc.date2017-04-01T19:35:24Z
dc.date.accessioned2026-07-09T03:13:01Z
dc.descriptionJapanese import demand for U.S. beef and pork products and the effects on domestic livestock prices are econometrically estimated. Japan is the most important export market for U.S. beef and pork products. Results indicate foreign income, exchange rates, and protectionist measures are statistically significant. The comparative statistics quantify the effects of recent economic volatility. For example, the 1995-1998 depreciation in the Japanese yen (39%) reduced U.S. slaughter steer and hog prices by $1.29 per cwt and $0.99 per cwt, respectively, while the 1994-1998 reduction in tariffs (14%) increased slaughter steer and hog prices by $0.49 per cwt and $0.33 per cwt, respectively. Livestock producers will continue to have a vested interest in Asian trade liberalization policies.
dc.identifierdoi:10.22004/ag.econ.15072
dc.identifierhttps://ageconsearch.umn.edu/record/15072/files/34030501.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/15072
dc.identifier.urihttp://hdl.handle.net/123456789/528607
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/15072
dc.titleJAPANESE IMPORT DEMAND FOR U.S. BEEF AND PORK: EFFECTS ON U.S. RED MEAT EXPORTS AND LIVESTOCK PRICES
dc.typeText

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