Friday, February 9
"Retail Beef Prices hit 3 1/2-Year High," reads an article posted in the Japanese Times on Tuesday. On Monday, the farm industry stated that "retail prices of domestically produced beef rose last week to their highest level since August 2003." This is an essential meat all over the world that people cook with, and could be a big issue if this price keeps rising. Why is there a shortage? Beef averaged 718 yen ($5.98) per 100 grams nationwide last week, which was up 4 yen from a week earlier. In Japan, the demand for this meat has risen due to sukiyaki and winter pot dishes. Otherwise, the price per 100 grams has remained steadily at 710 yen. I feel as though the price has not gone up a drastic amount, the market is taking advantage of the demand. However, it is unfair if it keeps rising because some people cannot afford to have the prices keep rising. This is a sensitive issue since it is a food issue, because it affects the poverty community, and everyone cooks with beef.
http://search.japantimes.co.jp/cgi-bin/nb20070206a4.html
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