Japanese Domestic Beef Stocks Rise in November

JAPAN - The consumption of Japanese domestic beef improved during November 2011, increasing four per cent year-on-year, according to data released by the Agriculture and Livestock Industries Corporation of Japan, reports Meat and Livestock Australia (MLA).
calendar icon 19 January 2012
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Meat & Livestock Australia

However, Japan’s steady beef production volumes, subdued consumer spending and radioactive contamination issues during 2011 also contributed to the accumulation of stocks during the month. Inventories of domestically produced beef during November were up 12 per cent year-on-year at 14,618 tonnes (boneless equivalent) - the highest level since November 2002.

MLA states that imported beef consumption during November declined eight per cent from the very high volumes for the same period in 2010 (50 per cent more than the same month 2009) at 45,308 tonnes. The imported beef inventory was five per cent higher, with the majority being frozen items (89 per cent of total).

Total beef consumption during January to November 2011 totalled 780,951 tonnes, up 1.4 per cent compared to the corresponding period in 2010.

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