Japan: Impact of soaring feed costs, beef cattle production costs for calves increased by 15% to 810,000 yen

The Ministry of Agriculture, Forestry and Fisheries recently released an agricultural management statistical survey on beef cattle production costs for 2024 (calves, castrated young fattened cows, dairy male heifers, dairy male fattened cows, crossbreed heifers, crossbreed fattened cows). ), milk production costs have been summarized. Production costs including capital interest and land rent per beef cow in 2020 (hereinafter referred to as "full production costs") are higher than in the previous year for calves, castrated young fattened cows, and milk production costs. There was an increase in all categories, including male heifers, dairy male feedlot cattle, crossbreed fattening cattle, and crossbreed heifers.In particular, feed costs increased by double digits in all categories compared to the previous year. Looking at the details for calves, the total production cost increased by 14.1% from the previous year to 812,545 yen. Of this, material costs increased by 14.1% from the ...