Source: Photo.com
According to the Global Times, the original title of the article on the July 23 article on the Japan "Modern Business" website: Japan's fat beef rice that is about to "disappear" due to China's explosive purchase, the taste of the common people who have risen wildly, the culprit is the hot beef rush to buy Japan's national food, beef rice, The price has continued to rise.
As of July 2024, Yoshinoya's regular portion beef rice is 426 yen (100 yen or about 4.7 yuan), and the same item costs 430 yen at Sukiya and 430 yen at Matsuya. Considering that the average price of ramen in Japan is around 1,000 yen, beef rice is relatively cheap. Back in 2013, the regular portion of beef rice sold at restaurants in Japan was about 280 yen. In other words, the price of beef rice has increased by nearly 50% in the past 10 years. It is undeniable that prices in Japan as a whole are also rising during this period, but the price of beef rice is particularly large.
The main culprit of the increase in the price of beef rice is the increase in the price of raw beef. Japan large beef rice chains generally use beef brisket imported United States. The wholesale price of beef brisket from the United States is about 600 yen per kilogram in 2013 and about 1,400 yen in 2024. An important reason for the increase in beef prices in the United States is a shortage of forage due to drought.
Another reason for the increase in beef prices is procurement competition from emerging countries such as Japan and China. Beef brisket is sold in the United States and is mostly exported abroad. Japan uses this meat to make beef rice, while China uses it as a (popular) hot pot ingredient. With the development of the economy, the demand for beef brisket in the Chinese market is increasing, and the import volume of beef is also increasing. As a result, the international beef market has set off procurement competition, resulting in high prices of beef rice.
Large-scale beef cattle farming has become the mainstream around the world
Since the beginning of the 21st century, consumer demand for beef quality has changed, and people in most countries except a few countries (such as Japan) prefer beef with more lean meat and less fat. At the same time, the scale of beef cattle breeding abroad continues to expand, and large feedlots can raise 300,000-500,000 heads. Overall, the current development of the global beef cattle breeding market mainly presents the following characteristics:
The United States beef cattle breeding market is well-developed and regulated
According to the preliminary statistics of the Ministry of Agriculture of United States, in 2022, among the United States livestock and poultry meat, chicken meat production will be the highest, about 20.85 million tons, accounting for 45% of the output; Beef and pork production are comparable, at 12.8 million tonnes and more than 12.3 million tonnes respectively, accounting for 27%-29% of the output.
Specifically, beef cattle farms can be found throughout almost the United States, but most of the beef is produced in the Midwestern United States. The beef cattle production here has a high degree of mechanization, and large forage harvesting machinery, feed processing machinery, feeding machinery, and tillage machinery are readily available. United States has established a complete and standardized beef cattle breeding and production system, that is, breeding cattle farms - calf breeding cow farms - rack cattle breeding farms - fence fattening farms - slaughtering and processing plants.
In the United States beef cattle industry, the beef cattle belt is often mentioned, which includes the states of the Great Plains and most of the corn belt, including parts of 12 states and four other states. These areas account for 70 percent of all cattle, 60 percent of beef cows, 85 percent fattening cattle and 80 percent slaughtering cattle in the U.S.
Business development of representative enterprises in beef cattle breeding and beef deep processing industry
At present, with the continuous improvement of policy support in the beef cattle breeding and beef deep processing industry in mainland China, the investment of enterprises continues to strengthen, and the head enterprises have gradually transitioned from a single business development model to the development of the whole industry chain.
Review the market development status of the beef industry in China:
Song Liang, an independent dairy analyst, said that the rapid growth of the domestic beef cattle herd in recent years, coupled with the increase in production capacity brought about by the culling of dairy cows, and the slowdown in demand, these factors have combined to lead to a decline in beef prices. The sharp drop in the price of culled dairy cows also reflects the intensity of the industry's capacity adjustment to a certain extent. It is expected that the industry will bottom out next year, and the situation in the beef cattle market will also improve.
According to the report of the Cattle Branch of the China Animal Husbandry Association, according to the "cattle cycle" and the overall domestic economic and social situation, the domestic beef cattle market will most likely still run at a low level in 2024.
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