Dec 11, 2019 (Japan Times) - The government said Tuesday it hopes to double the country’s output of wagyu beef, known for its tenderness and marbled fat, to 300,000 tons by fiscal 2035 amid rising overseas demand.
Under the goal, which is part of a government program to support farmers and boost agricultural exports, Japan will aim to increase domestic wagyu beef production from about 149,000 tons last year by offering financial incentives to introduce breeding cows.
To expand beef exports, the government will encourage upgrades to meat processing facilities to comply with stricter U.S. and European safety standards.
The government put together the program in the wake of recent trade deals with the United States, other Pacific Rim nations and the European Union.
The trade pact with Washington is set to take effect Jan. 1 while separate accords with 10 other Pacific economies and the European Union entered into force on Dec. 30 last year and Feb. 1 this year, respectively, opening the domestic market to cheap farm imports from those countries.
Wagyu exports to the United States are expected to grow with the increase of a low-tariff quota on Japanese beef under the bilateral trade deal.
