Japan - Surge in beef sales
05 Aug 2012
In the Japanese foodservice market, yakiniku (Japanese/Korean style barbecue) outlet sales and the number of customers during June surged by 25.8% and 23.2% year-on-year, respectively (data released by the Japan Foodservice Association).
The jump for the month was in comparison with extremely subdued sales last June (as a result of food safety issues during the previous month), but also assisted by Japanese customers who wanted to taste beef liver sashimi for the last time before its prohibition from July.
On the other hand, interest in Australian tongues from Japan remained quiet in the beef export market this week, with some trade anticipating a softening of prices in coming weeks.
Beef supplies continued to be limited, but it was reported that the cautious attitude of Japanese buyers eased somewhat this week, especially for grassfed beef.
Source: MLA.com
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