Revolution

Get ready for a 5 year revolution of the northern Australian beef production model On the 1st of March Beef Central presented an article in which ABARES predicted further rises in beef prices for 2016/17 followed by a slow herd rebuilding process that by 2020 would more or less take the industry back to where…

November Market Report : S.E. Asia Beef Industry

24th Edition : November 2015. Key Points  Indonesian imports surge but retail demand remains stagnant Vietnamese market begins to stabilise  Thai prices dampened by falling China live imports  China cattle & beef prices edge higher  Strong Breeder Demand is coming   Indonesia  :  Slaughter Steers AUD $3.90 / kg live weight (Rp10,000 = $1AUD)  No…

August Market Report : S.E. Asia Beef Industry

21st Edition : August 2015. Key Points Indonesian Importers facing major supply uncertainty Vietnam slaughter market experiencing growing pains Thai trade slowly getting back to normal Asian currencies generally following the AUD down & down Indonesia  :  Slaughter Steers AUD $4.10 / kg live weight (Rp. 10,000 = $1AUD) While there have been some major…

July Market Report : S.E. Asia Beef Industry

20th Edition : July 2015. Key Points Indonesian Q3 permit reduction forces prices up sharply Public demonstrations have already commenced in West Java China live imports – small numbers but big price impact China/Myanmar/Thai borders open again to live cattle Vietnam prices under pressure from high supply Aussie $ weak but Asian currencies following the…

Nyoman and the Indonesian economic miracle.

In 1989, 18-year-old Nyoman Budiasa left high school in rural Lampung (South Sumatera) and began his working life as a yard boy at the local general store for Rp. 1,500 for a 17 hour day.  In those pre-financial crash days that amount was worth about AUD 70 cents per day. Today, Nyoman is an exceptionally…