HomeLatestImported Beef and Pork Prices Hit Record Highs in Japan

Imported Beef and Pork Prices Hit Record Highs in Japan

TOKYO
Retail costs for imported beef and pork in Japan have climbed to their highest ranges on file, pushed by the weak yen and tighter abroad provides.

The common worth of imported beef loin reached 451 yen per 100 grams, based on a retail survey carried out by the Ministry of Agriculture, Forestry and Fisheries.

The worth rose 4% from the earlier month and was the very best recorded because the survey started in 2003.

The improve was attributed to larger import prices attributable to the yen’s depreciation, in addition to a decline within the variety of cattle raised within the United States following drought circumstances.

The nationwide common worth of pork loin additionally reached a file excessive of 287 yen per 100 grams.

Chicken thigh meat, in the meantime, fell 1% from the earlier month to 153 yen per 100 grams, however remained 13% above the conventional seasonal degree.

Eggs averaged 307 yen per carton, 19% larger than the conventional degree.

Source: TBS

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