Japan cattle stocks to increase in 2022

August 23, 2021 - FAS/Tokyo projects cattle stocks to increase in 2022 as MAFF support programs continue to incentivize farmers to expand production, according to the USDA GAIN report.

Due to a large cross breed cattle population and a growing wagyu population, FAS/Tokyo projects 2022 slaughter numbers to be up slightly and for beef production to be around 485,000 MT.

In 2021, high swine beginning stocks will push slaughter speeds higher than 2020 but low sow populations will limit 2022 beginning stocks. FAS/Tokyo forecasts 2022 swine production to increase following a rebound in the sow population. FAS/Tokyo also forecasts a two percent increase in 2022 pork production, to meet strong demand for domestic pork.