Why These Steaks Cost More Than Silver in Hong Kong

Why These Steaks Cost More Than Silver in Hong Kong Play

April 3 (Bloomberg) –- Wagyu Farmers are betting that rising wealth in Asia will expand the market for premium beef. Wagyu steaks already fetch twice the price of silver in markets like Hong Kong. Japan's Wagyu producers face increasing competition from countries like Australia, but they say there are still some things that make their beef unique. (Source: Bloomberg)

blog comments powered by Disqus