Sunday 25 September 2011
Food self-sufficiency under 40pc
Japan's food self-sufficiency rate fell one percentage point in 2010 to 39pc in fiscal 2010, dipping below 40pc for the first time in four years, the Japanese government says. The nation’s beef self-sufficiency rate fell from 43pc to 42 pc last year, while pork fell 2pc to 53pc, and chicken 2pc to 68pc. Higher feed ingredient prices was the major reason for the decline.
Meanwhile, Japan’s food service restaurant operators continue to struggle under the burden of a flat economy and post-Tsunami malaise. The operator of the large Pepper Lunch steakhouse chain said sales fell 9.4pc for the second quarter ended June 30, compared to the same period 12 months earlier. As a result it plans to accelerate its overseas expansion strategy aiming to increase its total to 98 overseas stores in nine countries by the end of the year.
Source: newsroom - farmingnewsdaily.co.uk
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