Beef Consumption in Japan up Nine Per Cent
JAPAN - In the Japanese market this week, the Agriculture and Livestock Industries Corporation released beef consumption figures for March – which showed a nine per cent year-on-year increase, to 74,309 tonnes (boneless equivalent), reports Meat and Livestock Australia.The year-on-year increase was partly due to the low volumes of March last year - a result of the East Japan earthquake.
Additionally, the increased distribution of the US beef in the market also contributed to the growth in 2012. March consumption of imported beef lifted 13 per cent on last year, and was 11 per cent higher than the five year average.
In the Australian beef export trading this week, Japanese interest was reportedly mixed, although some trade noted on improved inquiry compared with last week, especially for some barbecue items such as tongues and skirts. Spot grainfed set offers remained extremely limited.
TheCattleSite News Desk