Japan's beef imports fell by 32% in October

In October of this year, Japan imported 33,513 tons of beef, which was 32% lower than the same period of last year.

According to Australian meat and livestock reports, the main reason for the decrease in Japanese beef imports was the decrease in imports from Australia (a 36% drop compared to the same period in 2009. Imports increased sharply in September (up 43% compared to the same period last year). This is the largest amount of imports since July 2005, resulting in a large stock in the market in October.

Compared with September, the frozen beef imported from Australia was halved in October, only 11,535 tons (22,042 tons imported in September), a decrease of 48% compared with the same period of last year. In October, the imported chilled beef amounted to 11,318 tons, a decrease of 17% compared with the same period of last year.

The amount of beef imported from the United States dropped by 10% year-on-year to only 7,375 tons. Imports of chilled beef rose by 7% to 3,722 tons, and frozen beef shipped by ship decreased by 23% to 3,653 tons. In October, although imports decreased, the CIF price of imported beef from the United States was 340 yen per kilogram, and the price was 18% lower than last year.

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