TOKYO -- Food producers retreated Friday on the Tokyo Stock Exchange, one day after Japan and the European Union sealed a broad agreement for a trade deal that promises to bring stiffer competition in the form of cheaper cheese and other imports.
Food-related stocks also sold off on investors' views that the EU agreement could ease the way for a deal to enact the Trans-Pacific Partnership trade pact without the U.S., a version known as the TPP 11.
