The amount of life left in a near two-year run of live export steer prices over 300c per kilogram liveweight (ex Darwin) could hinge on what rain falls in Queensland in the next month or so.
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.
Mixed messages continue to emerge from Indonesia over its plans for Indian buffalo meat imports, adding to confusion for an import cattle supply chain which relies on annual breeding cycles and long-lead times to make decisions about future production levels.
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.”
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.
A pie shop specialising in selling pies made of high quality Aussie beef, and no Indian buffalo meat, is doing a roaring trade, having recently sold its 25,000th pie, as one very satisfied customer, Dr Ross Ainsworth, reports.
Last month I described the situation for importers as a stalemate. This month I think that the best description of their position is one of a serious fight for commercial survival.
Bulan lalu, saya mengibaratkan situasi para importir sebagai jalan buntu. Bulan ini, saya pikir gambaran yang paling pas adalah ‘pertarungan sengit’ demi kelangsungan bisnisnya.