USSEC recently participated in the 57th Japanese Vegetable Oil Industry New Year Event, kicking off 2017. Japan Oilseed Processors Association (JOPA), Japan Rice Bran Oil Industry Association, Japan Margarine Industry Association, Japan Oil & Fat Importers & Exporters Association, Japan Oil & Fat Wholesalers’ Association, and Japan Mayonnaise Manufacturers’ Association jointly organized this event. Nearly 500 particpants, ranging from oil manufacturers, wholesalers, traders, governments, and other relevant industries, attended this large event to pledge further progress of the Japanese vegetable oil industry together.
USSEC Country Director – Japan Mitsuyuki Nishimura, and Masako Tateishi, USSEC North Asia Regional Human Utilization Coordinator and HU Director – Japan represented the U.S. Soy industry.
During a congratulatory speech made by Takao Imamura, chairman of JOPA, and president and representative director of Nisshin Oillio Group, several important matters were noted as to what the Japanese vegetable oil industry needs to promptly prepare in order to respond to possible changes in external environments in 2017, including the next U.S. president’s plan to withdraw from the Trans Pacific Partnership (TPP) and a possible transition to direct discussion, an evaluation plan of mandatory country of origin labeling for all Japanese processed foods, and a plan for mandatory implementation of Hazard Analysis Critical Control Point (HACCP) for food safety in Japan. Mr. Imamura also stressed the importance of further growing vegetable oil and sustainability demands throughout the industry because a vital food source is necessary in order for all generations to maintain health and to adjust proper physical function.
During a conversation between JOPA, USSEC, and the Foreign Agricultural Services (FAS) Tokyo team during the reception, the executive director of JOPA, Akira Saito, said, ”One of JOPA’s goals for 2017 is to restore soybean oil demands so that we are going to further consolidate our U.S. - Japan partnership. Let’s take a group photo to pledge such cooperation!!”
In 2015, Japan imported over 3.24 million metric tons (MT) of soybeans, of which U.S. enjoys a 72 percent market share. USSEC Japan will continue to work with the Japanese vegetable oil and soyfoods industries, both of which are essential ingredients for Japanese foods.