date:Jul 30, 2014
The average price of Japanese Black Wagyu calves increased 20 per cent year-on-year, to 503,407 yen/head (A$5,398) during the Japanese fiscal year 2013 (April 2013 to March 2014) the second highest value since JFY2006 according to figures from the Agriculture and Livestock Industries Corporation ALIC.
Meat and Livestock Australia said that the surge was largely due to tight supplies, with many calf breeders leaving the industry, challenged by the lack of successors, disease outbreak (Foot-and