Windfall beef sales to Japan tipped to fall
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Australia&#39;s domination of the export beef trade in Japan is likely to end after weekend moves in Tokyo to allow renewed access to United States producers.
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Japanese imports of U.S. beef totaled   only 105 tonnes in August, the first full month of shipments   since Tokyo reopened the market to meat from the United States,   government data showed on Thursday.
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Japan's decision on reopening its market  to U.S. beef will not be affected by the U.S. decision to  reduce its mad cow testing program, although Tokyo still wants  Washington not to do so, Agriculture Minister Shoichi Nakagawa  said on Friday.
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Tokyo&#39;s Nikkei average slipped 0.85 percent to finish at a three-week closing low on Thursday as a fall in the dollar further weakened investors&#39; confidence in company earnings, prompting selling of exporters such as Honda Motor.
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Figures show a fall in Japan's trade surplus, casting a shadow over the country's export-led recovery.
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Japanese stocks fell Friday as investors sold stocks to settle futures options, with many buyers remaining on the sidelines ahead of talks among the finance chiefs of the Group of Seven industrialized countries.
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Japanese stocks will probably open lower  on Monday following a further decline in U.S. markets, with  investors wary about company earnings, in particular those of  technology firms.
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Japan's Nikkei average snapped a  three-day winning streak to close down 0.7 percent on Monday as  caution over the yen's rise hit exporters and worries about the  domestic economic outlook weighed on banks.
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Japan agreed Saturday to resume imports of some American beef after a 10-month ban that shut United States cattle ranchers out of their most lucrative foreign market.
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U.S. beef that does not meet Japanese safety regulations has been imported into the country and some may have been already sold to consumers, the Japanese government said on late on Saturday.
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Japanese shares will probably move in a  narrow range in a week shortened by public holidays, but could  dip below the 11,000 level as earnings disappointment saps Wall  Street's momentum and as concern lingers over the global  economic outlook.
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No end is in sight to Japan's ban on  imports of a U.S. beef, the head of a U.S. beef industry  delegation said on Tuesday after a two-day visit to Japan aimed  at speeding efforts to ease the ban.
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New Agriculture Secretary Mike Johanns began his tenure Monday by pledging to get American beef exports moving again to Japan, a lucrative market that has been closed to U.S. producers since the discovery of mad cow disease in this country in December 2003.
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American and Japanese negotiators have agreed to ease Japan&#39;s ban on American beef exports, brought in after a single case of mad cow disease in the US last year.
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TOKYO  - Japanese and U.S. officials wrapped up three days of talks  Saturday to lift Tokyo's 10-month-old ban on imports of American beef, reportedly narrowing differences over testing standards for mad cow disease but failing to strike a deal.
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Japanese prices fall for a seventh straight month making a rate rise by the end of the year less likely.
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US beef exports valued at more than $1.7 billion last year will resume in a matter of weeks after Japan agreed to ease a 10-month ban on the meat prompted by a lone case of mad cow disease in Washington state.