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Commodities

Japan's wagyu exports sizzle as more Asians dig in

Rising incomes help spice up market but coronavirus looms over consumer spending

The growing export market for Japan's premium beef reflects changing tastes and a growing market for both prime cuts and cheaper parts.   © Reuters

TOKYO -- Japanese exports of wagyu in 2019 hit all-time highs on the back of Asia's growing appetite for the premium beef, especially among the region's rising middle-class.

Compared with about a decade earlier, exports jumped nearly ninefold in value and eightfold in volume.

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