US 10-year Treasury yield reached its highest level since October 2023.

REUTERS SURVEY — 74% of economists say Japan's total budget requests for fiscal 2027 have heightened market concerns about fiscal discipline.

The Ministry of Agriculture and Rural Affairs issued a national livestock and veterinary industry 15th Five-Year Plan, targeting by 2030 higher-quality development of the livestock sector with more secure supply of major meat and poultry products and an upgraded product mix including more high-quality specialty outputs. The plan seeks to consolidate production capacity, optimise scale and facility-based farming, and strengthen technology support. It directs policy to enhance the role of large enterprises in linking and supporting farmers, improve value-chain profit distribution, and raise the operating quality of small and mid-sized farms. The ministry targets effective control of major animal diseases, progress on disease purification in breeding stock, lower zoonotic risk and stronger veterinary public-health standards, alongside a reduction in veterinary antibiotic use per unit of livestock product. Environmental measures emphasise greater recycling of manure, wider adoption of integrated crop–livestock systems and continued green transformation of the sector.