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…

May Market Report : S.E. Asia Beef Industry

18th Edition : May 2015. Key Points • Regional politics in western Thailand shuts down imports from Myanmar via Mae Sot.  Major impact for the region. • Myanmar/China border dispute closes Mekong river trade ex Thailand, another major regional crunch. • Huge imports of feeders into Indonesia during May forcing prices down further. • Prices…

April Market Report : S.E. Asia Beef Industry

17th Edition : April 2015. Key Points Indonesia releases additional permits for Q2 slaughter cattle Strong import flows into Indonesia mean feedlots must clear stock to make room. Prices in Vietnam stay soft as feedlot fats begin to flow. Indonesia  :  Slaughter Steers AUD $3.65 / kg live weight The Indonesian government issued additional import…