Australia’s largest livestock exporting company Wellard Limited says it has agreed to commercial terms to deliver the company’s first shipment of beef cattle to China.
Stalemate: For the first time since the beginning of the trade, producers don’t have to drop their prices in the face of reduced Asian demand, and at the same time importers can’t pay any more because they they will make a loss if they do. Meanwhile, China is defying the currency and pricing challenges being faced by other major Asian importers.
Harga sapi potong tidak mengalami perubahan di bulan Agustus. Sejumlah pengusaha sapi bakalan atau feedlotter mampu mencapai harga terbaik yaitu Rp43.000 per kg bobot hidup untuk steer unggulan (high yielding steer). Namun secara umum, harga tidak berubah dan masih sejalan dengan kebijakan pemerintah. Jadi, untuk laporan ini saya akan tetap berpatokan pada indikator harga Rp40.000 untuk bulan Agustus.
Exporters and importers have been watching and waiting for months for the economics of the Australia to China cattle export trade to align, and it seems the recent downturn in Australian cattle prices is bringing that point closer.
Australian dollar rise delivers more pain to Importers; Australian producers continue to enjoy good prices while exporters, shipping companies and importers are all making losses; Vietnamese importers cut costs by increasing imports of cows and buffalo.
Kenaikan kurs dolar Australia semakin menyulitkan importir; Produser Australia terus menikmati harga bagus, sementara perusahaan ekportir, pengapalan dan importir menderita kerugian; Importir Vietnam lakukan pemotongan biaya dengan meningkatkan impor sapi betina dan kerbau.
Indonesian Ramadan passes with flat live cattle prices; Consumer resistance forces some Vietnamese abattoirs to close; Shanghai prices rising despite the ongoing northern drought – THIS REPORT NOW ALSO TRANSLATED TO BAHASA – click for more details
Bulan Ramadan berlalu, harga sapi hidup di Indonesia tetap stabil; Konsumen resistan, sejumlah rumah potong hewan di Vietnam terpaksa tutup; Kenaikan harga di Shanghai meski kekeringan terus melanda wilayah utara.
Australian live cattle exporters continue to watch intently for indications as to whether mining magnate Gina Rinehart’s Hancock Prospecting will be able to secure a potentially game changing breakthrough deal to export cattle from northern Australia to China.
Weak demand from both Indonesia and Vietnam has not had the expected affect on the northern Australian prices which have in fact risen over May, with the usual May/June supply flush not being seen this year, and favourable seasons meaning producers are in no rush to offload stock.