Asia Pacific | JAPAN: Daiei posts decline in June same-store salesJapanese su...

Asia Pacific

 

JAPAN: Daiei posts decline in June same-store sales
Japanese supermarket operator Daiei said its sales in June were down 2% from the year-ago period, on a same-store basis.

 

JAPAN: Japanese retailers to maintain beef prices, despite rise in tariffs
Japanese supermarket operators Ito-Yokado and Daiei have said vowed not to raise their beef prices even if the Japanese government raises tariff on beef imports to protect domestic produce.

 

Slow Growth in China
Meat exports to the world's most populous country requires patience and perseverance.

 

Americas

 

Canada's burger prices plummet as producers look to discard inventory

Savaged by the ongoing trade bans wrought by the May discovery of a single cow with bovine spongiform encephalopathy, Canada's beef producers and processors are hemorrhaging money to the tune of $8 million per day.

Europe

 

Russia sets '03 fresh, chilled beef import quota
Russian Prime Minister Mikhail Kasyanov has signed a resolution setting an import quota on fresh and chilled beef of 11,500 tones from August 1 until the end of 2003, the government said on Tuesday.

 

USA

 

Retaliation Threat to Japan
US Agriculture Secretary does not rule out action through the World Trade Organization if Japan hikes beef tariffs.

 

Smithfield agrees to buy Farmland's pork business
Smithfield Foods Inc., the largest U.S. pork producer, has agreed to purchase bankrupt Farmland Industries Inc.'s pork business for $363.5 million, a bid that will be the basis for an auction of the business, the company said.

 

House Move Could Delay Labeling
Country-of-origin labeling takes a hit as House approves a measure that takes away funding for the program.

Asia Pacific

 

JAPAN: Daiei posts decline in June same-store sales
Japanese supermarket operator Daiei said its sales in June were down 2% from the year-ago period, on a same-store basis.

 

JAPAN: Japanese retailers to maintain beef prices, despite rise in tariffs
Japanese supermarket operators Ito-Yokado and Daiei have said vowed not to raise their beef prices even if the Japanese government raises tariff on beef imports to protect domestic produce.

 

Slow Growth in China
Meat exports to the world’s most populous country requires patience and perseverance.

 

Americas

 

Canada's burger prices plummet as producers look to discard inventory

Savaged by the ongoing trade bans wrought by the May discovery of a single cow with bovine spongiform encephalopathy, Canada's beef producers and processors are hemorrhaging money to the tune of $8 million per day.

Europe

 

Russia sets '03 fresh, chilled beef import quota
Russian Prime Minister Mikhail Kasyanov has signed a resolution setting an import quota on fresh and chilled beef of 11,500 tones from August 1 until the end of 2003, the government said on Tuesday.

 

USA

 

Retaliation Threat to Japan
US Agriculture Secretary does not rule out action through the World Trade Organization if Japan hikes beef tariffs.

 

Smithfield agrees to buy Farmland's pork business
Smithfield Foods Inc., the largest U.S. pork producer, has agreed to purchase bankrupt Farmland Industries Inc.'s pork business for $363.5 million, a bid that will be the basis for an auction of the business, the company said.

 

House Move Could Delay Labeling
Country-of-origin labeling takes a hit as House approves a measure that takes away funding for the program.