Analysis: Coming from historic highs in early 2017, Japanese Black national calf markets have drifted slightly lower but mostly sideways as the chart below indicates. Based on exchange rates in early March 2018, current prices for Japanese Black steer calves are around $AUD9750hd, with heifers around $7300hd.
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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.
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• 'Kobe' and 'Tajima' achieve initial GI approval
• New Japanese Wagyu Marketing, Web Sites, Packing Facilities and Export Targets
• January 2015 Japanese Calf and Carcass Results
• 2015 National Carcass Competition in Tokyo

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The Japanese Black calf market is very buoyant due to livestock shortages, with strong carcass prices driving high demand for replacement feeder cattle.
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Japan's English-language web agri-newspaper reports that local prices of stock feed skim milk powder (JP¥10K/1kg) have hit record highs, where they are projected to remain, with a 'grave impact' on the Japanese Wagyu calf feeding industry.
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