February Market Report : S.E. Asian Beef Industry

39th Edition : February 2017. Key Points  Indian buffalo impact beginning to moderate Plenty of buffalo in the fridge while the ban issue is resolved Significant drought in China’s northern region of Inner Mongolia   Indonesia  :  Slaughter Steers AUD $4.06 / kg live weight (Rp 10,230 = $1AUD)  Live slaughter prices appear to have…

January Market Report : S.E. Asian Beef Industry

38th Edition : January 2017. Key Points  Cheap Spanish beef enters the Indonesian market Indian buffalo continues to crush demand for live slaughter cattle in Indonesia   Indonesia  :  Slaughter Steers AUD $4.14 / kg live weight (Rp 9,900 = $1AUD)  Live slaughter prices drifted even lower in January pushing the indicator rate to Rp41,000.…

December Market Report : S.E. Asian Beef Industry

37th Edition : December 2016. Key Points  Indian buffalo seriously impacting slaughter cattle demand Indonesian feeder imports could reduce by 50% during 2017   Indonesia  :  Slaughter Steers AUD $4.23 / kg live weight (Rp 9,800 = $1AUD)  Live slaughter prices continue to slip with the December indicator rate at Rp41,500 which converts to AUD$4.23…

November Market Report : S.E. Asian Beef Industry

36th Edition : November 2016. Key Points  Indian buffalo gaining penetration in W Java and Sumatera Aussie Feeder imports to E Java after 10 year ban is revoked  50+% capacity of Vietnamese importers suspended    Indonesia  :  Slaughter Steers AUD $4.20 / kg live weight (Rp10,000 = $1AUD)  Live slaughter prices are weakening very slightly…

October Market Report : S.E. Asian Beef Industry

35th Edition : October 2016. Key Points  Indonesian feedlotters agree to import 20% breeders Insignificant numbers imported to Indonesia for September & October & early November More Vietnamese feedlotters excluded from Australian import supply chains Shipping rates under great pressure   Indonesia  :  Slaughter Steers AUD $4.32 / kg live weight (Rp9,950 = $1AUD)  Live…

Qurban (Korban) : The Muslim festival of Sacrifice.

The Indonesian festival of Qurban was celebrated on 12th of September this year.  This celebration is not only a very important religious festival but also has an enormous impact on the domestic supply of cattle, sheep and goats. Official figures from the Government of Indonesia record that during the previous annual Qurban, slaughter numbers for…