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    Home > Active Ingredient News > Feed Industry News > The price of beef in Osaka meat market has dropped to another low level

    The price of beef in Osaka meat market has dropped to another low level

    • Last Update: 2002-01-28
    • Source: Internet
    • Author: User
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    Introduction: Japanese commodity market is usually divided into two parts: Tokyo market and Osaka market This is because, judging from economic growth and economic strength, Osaka is the second largest city next to Tokyo, the capital, and it is related to the whole region of Kansai, such as Kyoto, Kobe and other cities In the recent Osaka meat market, it is remarkable that the transaction price of beef has entered the lowest market circle In the Nangang market of Osaka Central wholesale market, the wholesale price of beef and beef castration A4 for barbecue with good quality is 1067 yen per kilogram (weighted average) on the 22nd, which is about 36% lower than the price at the beginning of the year when the consumption is the most vigorous and the market tends to be strong, not to mention the small drop Analysts in the industry say that today, when beef consumption is relatively sluggish, the market supply and listing attitude of beef producing areas are positive, and the "dead knot" of supply-demand relationship cannot be relieved The reason why beef producers actively supply beef to the market comes from the increase of subsidies from Japan's Ministry of agriculture and forestry to farmers The specific provision of this subsidy measure is that in Japan's meat market, when the price of beef segmentation is falling below the production cost and the cattle farmers have lost money, the government will give a certain amount of subsidy At this stage, cattle farmers have felt that the overall cost of raising has been higher than the market level of selling in the market, so they are scrambling to promote raising into cattle to the market and then buy calves from the market, so as to subsidize the cost of buying calves In the Nangang market of Osaka Central wholesale market, the operating rate of beef processing has reached 90%, and the number of cattle competing for sale every day has reached about 200 The strong performance of these sales activities has reached the level before BSE was found in Japan in September 2001 In addition, in Japan's Tokyo market, the construction of internal equipment transformation project is under way, and the operating rate of beef processing is only up to 70% There is a sharp contrast between Tokyo and Osaka markets After all, the scene of beef auction is not the same As a result, the wholesale price of beef in Tokyo meat market is high, while in Osaka meat market, the wholesale price of beef is declining due to the oversupply, entering the relatively cheapest price circle.
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