Domestic Beef Price Marks Record High
7, 31. 2006
The retail prices of domestic beef, frozen loin, rose to 715 yen per 100 grams, up by 5 yen from the previous week, the Ministry of Agriculture, Forestry and Fisheries announced on July 28.
The ministry says the price recorded the highest since the research started in Aug. 2003. The rise was caused by the ban on U.S. beef imported to Japan as well as the high demand in this season.