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Beef Trade As Usual In Japan Despite FMD

24 May 2010
Meat & Livestock Australia

AUSTRALIA - Despite the increasing number of cases of foor and mouth disease, there has been no visible impact to meat consumption in Japan so far, reports Meat and Livestock Australia.

Retailers and foodservice outlets continue to sell beef, while the wholesale market has been trading as usual. The Japanese domestic carcase and wholesale beef prices have been stable, but the trade is monitoring the situation very closely.

Beef exports from Japan remain suspended, with exceptions of Hong Kong and Macau.

The fall in the A$ assisted to lift interest in Australian beef among buyers this week, with export prices to Japan easing across the board in US$ terms, due to both the depreciated currency and seasonally weak underlying demand.

TheCattleSite News Desk



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