April Market Report : S.E. Asian Beef Industry

53rd Edition : April 2018. Key Points Chinese domestic slaughter cattle prices are going ballistic. The Vietnamese business case for increasing imports at is looking bright. The Philippines slaughter cattle prices have finally caught up the rest of SE Asia.   Indonesia : Slaughter Steers AUD $3.60 / kg live weight (Rp 10,550 = $1AUD)…

March Market Report : S.E. Asian Beef Industry

52nd Edition : March 2018. Key Points  Ramadan demand and lower feeder prices present a ray of hope for Indonesian importers. Vietnamese importers are finally able to increase their prices as local supplies decline. Indonesia  :  Slaughter Steers AUD $3.55 / kg live weight (Rp 10,700 = $1AUD) The lowest prices quoted have remained stable…

February Market Report : S.E. Asian Beef Industry

51st Edition : February 2018. Key Points  Middle men are taking all the margins in the Indonesian supply chain with none of the significantly reduced supply costs passed on to the local consumer. All the evidence points to a serious decline in slaughter cattle supplies in China.   Indonesia  :  Slaughter Steers AUD $3.55 /…

November Market Report : S.E. Asian Beef Industry

48th Edition : November 2017. Key Points  Indonesian government announces no new permits for Indian buffalo beef. The China trend towards higher prices continues. Significant jump in Philippine live cattle prices   Indonesia  :  Slaughter Steers AUD $3.88 / kg live weight (Rp 10,300 = $1AUD)  Prices of slaughter cattle remain weak with further discounting…

October Market Report : S.E. Asian Beef Industry

47th Edition : October 2017. Key Points  Indonesian feedlotters demonstrate desperation with some now providing extended credit to butchers A definite trend of steadily firming prices has emerged in China  Indonesia  :  Slaughter Steers AUD $3.81 / kg live weight (Rp 10,500 = $1AUD)  Slaughter steer prices are weakening even further although I am still…

July Market Report : S.E. Asian Beef Industry

44th Edition : July 2017. Key Points  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   Indonesia  :  Slaughter Steers AUD $3.85 / kg live weight (Rp…

June Market Report : S.E. Asian Beef Industry

43rd Edition : June 2017. Key Points  Indonesian Ramadan passes with flat live cattle prices Consumer resistance forces some Vietnamese abattoirs to close  Shanghai prices rising despite the ongoing northern drought    Indonesia  :  Slaughter Steers AUD $3.95 / kg live weight (Rp 10,125 = $1AUD)  The political system in Indonesia can regard itself as…

April Market Report : S.E. Asian Beef Industry

41st Edition : April 2017. Key Points  Weak demand from both Indonesia and Vietnam must soon start to put serious downward pressure on northern Australian feeder prices. Spanish beef is being sold at discounts even lower than Indian buffalo as product expiry dates approach. Philippines live cattle prices take an unexpected 10% leap.   Indonesia …

March Market Report : S.E. Asian Beef Industry

40th Edition : March 2017. Key Points  Weak slaughter cattle demand in Indonesia squeezing importers from all sides Buffalo beef now in Indonesian supermarket chains New 450kg policy will fail unless the 120 day rule is removed    Indonesia  :  Slaughter Steers AUD $4.04 / kg live weight (Rp 10,150 = $1AUD)  Weak demand is…