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…
25th Edition : December 2015. Key Points Finally some good news for Indo importers – fat cattle prices up and adequate permits released on time Vietnamese market maintains stability despite many challenges China cattle prices edge higher on seasonal factors Indonesia : Slaughter Steers AUD $4.15 / kg live weight (Rp10,000 = $1AUD) Finally some…
23rd Edition : October 2015. Key Points Indonesian importers in a powerful cost/price squeeze Vietnamese butchers heavily discounting overfat carcases Cambodia to commence live imports within 3 to 6 months China live cattle prices showing slow but steady gains Myanmar peace deal impact unclear Indonesia : Slaughter Steers AUD $3.97 / kg live weight…
“Nineteen Eighty Four” is a novel written by George Orwell in 1949. The story describes a mythical future society run by a privileged Inner Party and headed up by a tyrannical leader called “Big Brother”. The society elite used their power, including omnipresent government surveillance for their own selfish purposes leading to rebellion from those…
I visited some live cattle importer projects in southern Vietnam last week and I am now having difficulty finding the right adjectives to describe the phenomenal progress that has been made since the trade began in earnest with the importation of less than 2000 head from Australia in 2011. The figure for 2014 was close…
Last month, I wrote an article suggesting that the Indonesian live cattle importers would have a tough time this year with higher buy-in prices and restrictions on finished cattle price increases driven by plentiful and cheap imported box beef. Please find that article, highlight it and click DELETE. The new import permit policies have changed…
13th Edition : December 2014. Key Points Indonesia Q1 Permits still not announced (January 11th). Some minor retail beef price firming around the region driven by the Christmas festival period Darwin Feeder steer prices reach $2.75 The weakening Aussie$ and lower fuel prices to the rescue Indonesia : Slaughter Steers AUD $3.55 /…
11th Edition : October 2014. Key Points Prices generally steady for another month Western style abattoirs in Indonesia under pressure from very cheap imported Australian product Major Philippines abattoir closes AUD$ weakness helps offset rising Australian cattle prices Indonesia : Slaughter Steers AUD $3.40 / kg liveweight Once again the slaughter cattle prices remain steady…
10th Edition : September 2014. Key Points Prices steady in every market – The calm before the storm Cross-rates are more important than the US/AUD movement The Korban festival is the dominant factor for October in Indonesia and Malaysia Indonesia : Slaughter Steers AUD $3.40 / kg liveweight The remarkable thing about the Indonesian market…
Q. Why have Indonesian government policies been so unsuccessful at influencing their national beef industry? A. Because it is not really a beef industry. The Indonesian government is concerned about food security just like every other government around the world. High levels of beef and live cattle imports building up to huge volumes…
Southeast Asian Beef Market Report 