TOKYO -- Even with prices of Japanese wagyu beef at their lowest levels in years, dairy farmers are entering the wagyu breeding business to stay above water.
Agriculture
Japan's struggling dairy farmers shift to wagyu, despite lean market
Influx of new breeders risks undercutting prices further as supply grows
Prices for wagyu calves are falling in Japan as more dairy farmers get into the business. (Photo by Takahiro Kaneko)
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