May exports were the largest monthly shipment of feeder and slaughter cattle this calendar year, at 77,000 head, underpinned by a significant increase in exports to Vietnam.
Cattle exports from Darwin to Indonesia increased in May, with exporters shipping close to the same number of cattle for the month as in May 2016.
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.
Department of Agriculture and Water Resources staff have indicated they are fielding inquiries from exporters seeking to ship horses and donkeys from Australia for slaughter in overseas markets.
Infrastructure development is happening at breakneck pace in China, as the country readies itself for an anticipated start to commercially-significant volumes of live cattle exports out of Australia.
Weak demand from both Indonesia and Vietnam must soon start to put serious downward pressure on northern Australian feeder prices, Dr Ross Ainsworth writes in this week’s South East Asia market, exclusive to Beef Central readers.
Funds raised by Australian live cattle exporters have helped to expedite the building of a new educational centre to benefit visually impaired and disabled children and adults in Indonesia.
Cattle exports from northern Australia have fallen by 25pc compared to last year, latest port data from January to the end of April shows.
The Australian Livestock Exporters’ Council has welcomed the release of a report providing a detailed analysis of Australia’s $2 billion-plus livestock export industry.
Mining magnate and rapidly-expanding beef producer Gina Rinehart appears to be on the brink of launching an ambitious plan designed to ultimately export up to 300,000 head of Australian live cattle to China each year at the end of its second stage.