Australian Wagyu Forum
 

Japanese Wagyu Markets Summary May 2016

Australian Live Export Trade To Japan

No news is possibly good news in relation to the suspended live trade in Australian F1 to Japan. High Japanese beef prices reflect shortages of local slaughter cattle, so there may be some economic incentive to re-open the trade once biosecurity issues are resolved.

Optimism is evident at the Australian end, with at least one major export house planning a debut in this segment, which Elders has now exited. However, availability of suitable F1 cattle in Australia is also tight, with most cattle committed forward.

 

Calf Market Report May 2016

Mind-boggling increases in the Japanese Black calf market have slowed after 10 months of consecutive increase. The May national average price of FB Black steer calves was 857,924 JPY, heifers 749,149 JPY. Lack of calf numbers in the market continues, so the price can be expected to take off again in the near future.

 

– Japanese Black May-16 (Price = JPY)
  Heifer Calf Steer Calf
Market No Head Avg Price JPY Weight Price/kg No Head Avg Price JPY Weight Price/kg
Hokkaido (Tokachi) 666 712085 312 2301 1026 820435 331 2478
Miyagi 591 748855 303 2454 730 879477 338 2606
Hyogo (Tajima) 117 726175 228 3183 151 778208 246 3161
Hyogo (Awaji) 199 754128 239 3153 267 828105 262 3159
Miyazaki (Kobayashi) 531 765960 293 2603 597 886976 314 2828
Kagoshima 637 773127 282 2741 788 868106 317 2742

 

– Japanese Red May-16 (Price = JPY)
  Heifer Calf Steer Calf
Market No Head Avg Price JPY Weight Price/kg No Head Avg Price JPY Weight Price/kg
Kumamoto 168 613639 294 2084 190 772626 317 2439

 

– F1 (Wagyu X Holstein) CALF May-16
  Heifer Calf Steer Calf
Market No Head Avg Price JPY Weight Price/kg No Head Avg Price JPY Weight Price/kg
Hokkaido (Tokachi) 1567 376168 323 1165 1660 468691 336 1395

 

Tokyo Carcass Market – to May 2016

The overall carcass market has remained consistently strong since the New Year, driven by severe shortages of feeder cattle.

Last 12 month (JPY/kg Carcass)
  Wagyu Females Wagyu Steers
  A5 A4 A3 A5 A4 A3
May-15 2621 2307 2086 2441 2280 2157
Jun-15 2606 2285 2069 2445 2256 2127
Jul-15 2610 2299 2098 2475 2283 2158
Aug-15 2608 2333 2120 2478 2303 2179
Sep-15 2683 2383 2181 2553 2347 2217
Oct-15 2772 2475 2286 2647 2448 2335
Nov-15 3062 2629 2357 2745 2578 2445
Dec-15 3270 2767 2487 2905 2700 2529
Jan-16 2927 2646 2386 2821 2628 2488
Feb-16 2932 2632 2396 2816 2614 2464
Mar-16 2932 2627 2350 2829 2613 2460
Apr-16 3066 2735 2482 2916 2709 2551
May-16 3083 2739 2488 2880 2690 2557
  F1 Steers Domestic Cattle (Dairy Steers)  
  B3 B2 B3 B2  
May-15 1674 1593 1155 1113
Jun-15 1642 1530 1174 1107
Jul-15 1657 1512 1175 1094
Aug-15 1641 1517 1161 1085
Sep-15 1659 1497 1184 1115
Oct-15 1716 1585 1172 1107
Nov-15 1739 1589 1177 1122
Dec-15 1786 1562 1144 1099
Jan-16 1662 1484 1123 1036
Feb-16 1585 1386 1087 1016
Mar-16 1641 1433 1044
Apr-16 1721 1587 1133 1093
May-16 1719 1578 1183 1081