Price rebound of high-grade beef in Japanese market

Introduction: according to the report of Japan economic news on December 27, almost since the first case of BSE infection was found in Japan in September, the beef market in the Japanese market has started to fall, with few stops But the wholesale price of beef, which has been in a downturn, has begun to see heating, especially the price of beef, which is mainly high-grade beef, is rising sharply from low price Sales prices across Japan on September 26 showed that beef, which is mainly used for high-grade barbecue and Shabu meat, has basically recovered to the level of early September, that is, the price before the outbreak of mad cow disease Now, Japan's upcoming new year's special needs and various banquets require a large number of high-end beef, which of course drives the market up On December 26, in the meat market of the central wholesale market in Tokyo, Japan, the price per kilogram of castrated and beef (Japanese cattle) A4 (weighted average) was 1913 yen, 99 yen higher than the previous transaction price (December 22) It is clear that the price has returned to the market level before the first detection of BSE in Japan on September 10 Due to the long-term economic recession in Japan, the consumption of beef in the market is obviously decreasing The market price of beef is about 5% lower than that in the same period of 2000 Not only in Tokyo, Japan, but also in Osaka, Kansai Prefecture, Japan, the wholesale price of the same A4 size high-end beef also began to rise, reaching a high level of 1909 yen per kilogram At the end of each year, the Japanese attach great importance to the beginning of the coming new year, and the demand for high-grade beef for barbecue and Shabu meat will increase substantially After September this year, compared with the previous year, Japan's market demand has almost halved Especially the high-grade beef with high price and quality has the feeling of "the height is too cold" But now, with the recovery of high-end beef consumption, the price of hybrid varieties mainly consumed by Japanese families, i.e castrated B3 beef, tends to recover, which has reached the level of half of the market in the first ten days of September On December 26, Japan's Ministry of Finance announced that the beef import volume in November this year was 47147 tons Compared with the same period in 2000, the import volume decreased by 27.8% This import volume is almost the same as that in February and March when the demand for beef is off-season After the expansion of BSE in Japan, the demand for beef in the Japanese market dropped significantly Since the imported beef that had signed a contract before BSE occurred did not arrive at the Japanese port until October, the significant decrease in the import quantity was shown for the first time in November Among the foreign beef products imported by Japan, the import of chilled meat decreased the most significantly In November, only 19574 tons were imported, down 38.7% from the same period in 2000 Since the shelf life of refrigerated meat is only one and a half months after import, supermarkets and wholesalers are deliberately controlling their purchases In November, Japan imported about 27573 tons of frozen beef, which is also 17.1% lower than the same period in 2000 In the case of importing countries, 21940 tons were imported from the United States, down 31.7%; 22164 tons were imported from Australia, down 26.4% To be sure, due to the sharp decline in beef consumption in Japan, the number of beef imports contracted from October to November also decreased in December (author:) share to feed Weibo share to: