Indonesian Demand for Australian Live Cattle Falls
AUSTRALIA - Fewer Australian cattle are being demanded by Indonesian feedlotters, as imported buffalo meat takes a market share, the Northern Territory Livestock Exporters Association (NTLEA) says.
19 December 2016
1 minute read
A delegation from the Top End, which included the newly-appointed NT Minister for Primary Industry Ken Vowles, has just returned from touring facilities in Sumatra, Java and Borneo.
The fall in demand for live cattle coincides with the wet season, which usually provides for fewer available stock.
The number of cattle exported out of the Darwin Port for the 11 months to November is down 139,000 head to 311,000, according to the NT Department of Primary Industry.
The drop in shipments has been mostly due to a consolidation of the Vietnamese market and delays with Indonesia's new import regulations.
But NTLEA chief executive Stuart Kemp said the arrival of Indian buffalo meat was now beginning to be reflected in fewer cattle purchases from northern Australia.
He said there were finished stock in Indonesian feedlots waiting to be sold.
Source: ABC
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