Australian cattle exports up by 14%
Aussie’s cattle exports are up by 14% in the first four months of the year compared to the same period of 2018, with Indonesia acting as the main market for feeder cattle.
“Shipments of feeder cattle to Indonesia for the calendar year-to-date totaled 181,000 head, up 23% year-on-year. A return to a more affordable price point has supported the trade to Indonesia, as has the steady supply of northern feeder cattle following a largely disappointing wet season. This, however, could limit the availability of feeder cattle as the season progresses”, announced Meat and Livestock Australia (MLA).
Still, Australian cattle has to confront a strong competition from India’ buffalo exports, with more affordable prices in the market.
At the same time exports to Vietnam and China have increased by 8% and 41%, respectively, reaching to 64,000 head delivered to Vietnamese market and 39,000 head shipped to China, according to MLA analysis. “The breeder component of exports has been the stand-out, totaling 33,000 head for the calendar year-to-April and up 81% year-on-year, with a large consignment of 18,000 breeder cattle reported in April”, said the report.
Exports of slaughter cattle to China are facing multiple barriers such as a value-added tax on imported cattle, the 14-day imposed processing timeframe for slaughter cattle and regional limitations on sourcing cattle from Blue Tongue virus zones.
Cattle exports to other markets over the year-to-April include: Malaysia (+59%) - 9,300 head; Israel (+95%) – 25,000 head; Russia (- 56%)- 13,700 head.
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