Indonesia

Indonesia sets meat imports target

Beef

The Ministry of Agriculture expects that 60,000 tonnes of buffalo meat, 129,000 tonnes of beef and 550,000 head of feeder cattle to be imported this year.

Posted on Jan 06 ,08:33

Indonesia sets meat imports target

Indonesia has set the target for meat and livestock imports for 2020 and it looks that is going to seek cheaper alternatives such as buffalo meat from India instead of beef delivered from more expensive markets such as Australia or New Zealand. Indonesia will likely need to import 60,000 tonnes of buffalo meat for retail consumers, 129,000 tonnes of beef and buffalo meat for the food industry, and 550,000 head of feeder cattle in 2020, according to official sources quoted by Reuters.
The import licenses ad sources are to be decided this week as the food security agency is looking for cheaper alternatives. Imports from Brazil, Argentina and Australia are being considered based on pricing, declared Agung Hendriadi, head of the food security agency.
Last year, an import quota of 100,000 tonnes of water buffalo meat was issued but it was used only on 80%. On the other hand, rising demand for meat in China has increased prices for beef in several major markets which may favor buffalo meat producers from India to get a larger market share in Indonesia.

 

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