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Friday, July 26, 2013

Drought spreads the pain of reduced live exports

By Amy Bellhouse  |  Source: ABS, MLA, ABC Rural

Producers welcomed the report last week that to help alleviate beef shortages, Indonesia will accept an additional 25,000 head of slaughter cattle. Self-sufficiency targets have seen Indonesian slash live cattle import quotas over the last few years, with the initial 2013 quota set at just one-third of the 773,000 head shipped when exports peaked in 2009. How has this impacted the local market?

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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