Global Battle over Beef

Overview

People in China have developed a voracious appetite for beef. China's production of beef can't keep up with demand: the country saw a sixfold increase in beef imports in just 5 years and it's affecting the way people around the world eat and grow food. Prices for beef and the grain to feed cattle are rising fast, and Japanese companies are finding it increasingly difficult to cope. We'll report on what's behind the global grab for beef.