Australian Wagyu Forum
 

Japanese Calf Markets – Livestock Price/Quality Relativity

This subsection is based on Japanese Government (MAFF)livestock census data, which demonstrates that the key price/quality relationships in Japanese national feeder calf markets are defined by breeding as the key predictor for future JMGA grading value.

Fullblood Black Wagyu feeders make up by far the greatest volume of sales, and greatest unit value is also achieved by Black Wagyu. Actual unit values and volumes of other important breed categories are shown both in actual terms and relative to Black Wagyu. Both ages and weights at calf market are similar across breeds.

Holstein calf market volumes are NOT indicative of actual sales.  The majority of Holstein feeder cattle are produced in vertical systems starting at calf rearing units and progressing direct to feedlots. The Holstein numbers below therefore describe a small spot market. Non-Holstein F1 calves are not traded in these markets.

Japanese Beef Calf Market Breed Segments:  Relative Unit Volume/Value
Calendar 2011 No. Hd Av. Wt (Kg) Av. $AUD Unit Rel. Vol. Unit % Rel. Val. Unit %
FB Black 361630 277 $5310 100% 100%
FB Red WY 5137 286 $4080 1.42% 76.83%
Holstein 8720 269 $1242 2.41% 23%
F1 (Holstein) 61626 290 $3282 17.04% 61%

A six year snapshot of the Japanese national calf market is provided below. The Holstein section represents 100% Holstein-breed calves trading outside the mainstream vertical production system described above.

  HOLSTEIN CROSS BREEDF1
YEAR NO. HEAD AVERAGE

Average Price/hd

NO.
HEAD
AVERAGE Average Price/hd
WEIGHT WEIGHT
HEAD Kg

AUD

HEAD Kg AUD
2006 15,877 274

$1,534

77,203 282 $3,422
2007 12,297 273

$1,332

83,673 288 $2,826
2008 9,975 270

$1,181

82,971 290 $2,177
2009 10,980 270

$1,166

66,521 288 $2,784
2010 11,158 266

$1,135

59,354 286 $3,474
2011 8,720 269

$1,242

61,626 290 $3,282