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Source: MORNING AG CLIPS, 2/6/19
A study released today by the U.S. Dairy Export Council projects new trade agreements between Japan and other countries will put U.S. dairy exports at a competitive disadvantage, resulting in lost U.S. sales of $5.4 billion over 21 years. The Japanese dairy market, the fourth largest export destination for U.S. dairy exports, is expected to continue to grow in years to come. With a level playing field, the U.S. could roughly double its market share, according to the study conducted by Tokyo-based Meros Consulting.
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