Japan: Increasing Interest in U.S. Feeder Cattle
With auction prices for Japanese feeder calves rising between 80 and 120 percent across major beef breeds over the last five years, there is significant demand for lower-priced, imported feeder calves that can be fed out and slaughtered as Japanese "domestically produced beef." Japan halted imports of U.S. live cattle following the U.S. detection of bovine spongiform encephalopathy in 2003.
Japan: Increasing Interest in U.S. Feeder Cattle