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ECONOMY > Agriculture

Wholesale prices for U.S. beef remain high in Japan

  • June 23, 2021
  • , NHK
  • JMH Summary

NHK reported this morning that wholesale prices for U.S. beef remain high in Japan, saying that as restaurants are beginning to resume full-scale operations after the lifting of the state of emergency, there are concerns about a further increase in U.S. beef prices. The network said U.S. beef prices have risen due to increasing demand in the U.S. market following the economic recovery from the coronavirus pandemic. According to the network, the wholesale price of frozen U.S. beef ribs last month was 1,087 yen/kg, 67% higher than the same month last year.

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