TOKYO -- In Hokkaido, Japan's top raw milk producing prefecture, one dairy farmer goes out of business every two days. With calve prices collapsing and feed prices skyrocketing at an unprecedented rate, dairy farmers are losing money every time a calve is born. The situation on Japan's northernmost main island has revealed a blind spot in the country's approach to food security.
Supply Chain
Infographics: How shaky is Japan's food supply chain?
Geopolitical risks, climate change, viral outbreaks conspire against food security
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The average price of calves auctioned off in Hokkaido was just over 50,000 yen ($353) in October, a 60% drop from five years earlier.
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