Inflation caused a slippage in meat demand in Japan
Other Frozen Pork Cuts
Frozen Bone-In Beef
Meat
Japan
Published Mar 16, 2023
Tridge summary
According to a recent USDA GAIN report, cattle stocks in Japan are declining in 2023 as farmers reduce milk-producing herds to meet excess production capacity. The resulting increase in domestic beef production will reduce import demand in 2023. While growth in tourism will increase foodservice demand for beef, inflation is prompting retail consumers to be cautious, who will consume cheaper meats such as pork or chicken.
Original content
According to a recent USDA GAIN report, cattle stocks in Japan are declining in 2023 as farmers reduce milk-producing herds to meet excess production capacity. The resulting increase in domestic beef production will reduce import demand in 2023. While growth in tourism will increase foodservice demand for beef, inflation is prompting retail consumers to be cautious, who will consume cheaper meats such as pork or chicken. Japan's pork production will increase in 2023, as its 2022 ...
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