Weaker Yen Impacts U.S. Exports of Wheat, Meat

The fall of the yen this year has had little effect on Japan's wheat imports from the U.S., but it's another matter for meat. The value of the U.S. dollar rose by more than 30% compared to the yen between March 1, 2022, and Nov. 1 of this year, going from 115 to 150 yen. In this country, wheat imports are ordered by the government three or four months in advance depending on demand, Japan Flour Millers Association Executive Director Yasuo Sasaki said.

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