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Wal Mart Beef in Japan

Mike

Well-known member
Allendale: Also of interest is word on the export front. Wal-Mart's Japan based grocery chain will start offering US beef in 20 of its stores. US beef certainly has the price advantage in Japan right now but the question is if the demand is there or not.


Didn't someone tell us over a year ago that Japan would readily accept our beef if we could get our foot in the door? :lol: :lol: :lol: :lol:
 

Sandhusker

Well-known member
Ben Roberts said:
Wal Mart, carries more authority, than Creekstone. Now! who will be selling more beef in Japan. THINK ABOUT IT

Ben Roberts

You're not telling us to follow the money are you, Padre?
 

Mike

Well-known member
Japanese Retailer Seiyu To Start Selling U.S. Beef

Japanese retailer Seiyu, the supermarket chain that is 51 percent owned by Wal-Mart Stores, announced Monday that about 20 of its stores near Tokyo will begin selling U.S. beef.

U.S. beef chuck for steaks will cost $2.53 for 3.5 ounces at Seiyu, compared to Japanese beef, which sells for about $9.15 for 3.5 ounces of sirloin steak, according to a Seiyu spokeswoman.

Seiyu, which operates about 400 stores throughout Japan, joins a handful of Japanese Costco stores and smaller chains that sell U.S. beef.

By Ann Bagel Storck on Tuesday, March 27, 2007

CHUCK STEAKS FOR ALMOST $12.00 PER LB?

SIRLOIN FOR ALMOST $40.00 PER LB?
 

Econ101

Well-known member
I wonder if Walmart has an exclusive seller to them for their source of beef.

Anyhooo, if walmart or sam's does not have competition, all the difference between the price they pay for US beef and what they receive in Japan will be put in their pocket. There has to be competition for the source of beef on the retail side for the price increases to be passed down the line to the producer. If there is but one seller on the retail side, there is but one buyer for the higher priced beef.

Competition and the advantages it brings requires numerous entities all pushing for their self interest.
 
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