A further 2070 Australian cattle have been delivered to China this week under the growing slaughter cattle export trade.
Australia’s growing cattle export trade to China has marked another milestone, with the first shipment of slaughter cattle to be sourced and shipped from northern Australia set to leave Townsville for China this evening.
Pemerintah Indonesia berubah pikiran – izin yang baru telah dikeluarkan untuk impor daging kerbau India tahun 2018
Indonesian demand for beef remained weak in December with prices slipping even lower than November’s rates, as prices and polices around Indian buffalo meat imports appear to overlook a serious flaw in logic.
A wave of direct investment by Chinese and other Asian companies into Australian livestock exporting businesses has been a prominent trend in the livestock export sector this year.
Indonesia’s Ministry of Agriculture says it has decided not to issue new recommendation letters for future Indian beef imports, recognising “buffalo meat has not been successful in stabilising the price of beef in Indonesia and that the Ministry would like to increase Indonesia’s beef production.”
Australia’s emerging beef cattle export trade to China has gathered further momentum this week, with WA-based Phoenix Exports yesterday sending its first, and the trade’s third, shipment of cattle from Portland, Victoria.
Some Indonesian importers are resorting to extended credit terms for butchers in order to get cattle moving out of the feedlot. In the past this has often resulted in an ultimate failure to pay, demonstrating just how desperate some importers are. (Bahasa language version of this report also available)
Some Indonesian importers are resorting to extended credit terms for butchers in order to get cattle moving out of the feedlot. In the past this has often resulted in an ultimate failure to pay, demonstrating just how desperate some importers are.
Australia’s largest livestock exporter Wellard Ltd is hoping a successful first shipment of slaughter beef steers to China will facilitate the issuing of feeder cattle import permits for the market.