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Japan. The tariff-rate quota volumes for butter at 6,400 MT and NFDM at 750 MT for JFY 2021
03.06.2021 14:29 "Agro Perspectiva" (Kyiv) —
Following are selected highlights from a report issued by a U. S. Department of Agriculture attache in The Tokyo, on May 28, Japan’s Ministry of Agriculture, Forestry, and Fisheries (MAFF) announced that the tariffrate quota (TRQ) volumes for butter and non-fat dry milk (NFDM) for Japanese Fiscal Year 2021 (April 2021-March 2022) would remain at the same level previously announced on January 29 (JA2021–0014). The TRQ volumes are set at 6,400 metric tons (MT) for butter and 750 MT for NFDM. Together with other designated dairy products including butter oil, whey, and prepared whey, total planned imports are estimated at 137,341 MT (milk equivalent), the lowest volume since JFY 2013. MAFF indicated that butter and NFDM stocks remained persistently high following increased domestic production in 2020 as demand for fluid milk dropped due to the pandemic. As of April 30, butter stocks were recorded at 39,293 MT, up 21 percent from 2020. NFDM stocks were recorded at 84,369 MT, up five percent from 2020. These TRQs are a part of the designated dairy products TRQ operated by Japan’s Agriculture and Livestock Industries Corporation (ALIC) in accordance with Japan’s commitments to the World Trade Organization. Tenders for butter will be held every month. NFDM tenders will be held on an ad hoc basis. For more information on Japan’s dairy tender system, see JA2021–0055.
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