This is the headline of a very good documentary that is airing on NHK. If you happen to have access to this channel, it is worth watching.
http://www3.nhk.or.jp/nhkworld/english/tv/documentary/As with many other things, it seems that China is the problem. New and huge demand for beef. It has affected beef prices everywhere. Japan is having a hard time getting imports as China is running around the globe and overbidding for the product. It is also affecting feed prices.
One interesting note from the show was that a lot of Australian sheep ranchers are converting to cattle.
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Regards,
Ted