Japan, the world’s largest pork importer, may accelerate tariff talks with Canada to increase pressure on the U.S. to ease demands for cuts in agricultural protection, the Asian nation’s biggest hog farmers group said.
Japan, the world’s largest pork buyer, will lower its tariff on pig meat shipments from Australia in a bilateral trade agreement that also reduces import duties on beef.
The European Union’s common agricultural policy will set the direction from 2014 to 2020 for farmers who produce 20% of the world’s wheat, milk and pork.
Cattle futures gained for the sixth time in seven sessions on signs of increasing demand for beef in the U.S. as meatpacking plants process fewer animals.
