Bloomberg Originals
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Why These Steaks Cost More Than Silver in Hong Kong
Posted
April 3, 2014
Views
2,699
Likes
10
Comments
1
Engagement
0.41%
April 3, 2014
2,699
10
1
0.41%
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1:18Now PlayingApril 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)
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