Indonesia: emergency leads to more live cattle imports
Indonesia is to increase its imports of live cattle from this month, government officials said on Wednesday (July 17), to cover a potential deficit and stabilize domestic beef prices.
According to the country's Minister of Agriculture, Suswono, the country will have to import cattle for slaughter from any market because it is an emergency situation. He says beef will begin to enter the market as of this month. Suswono added that the Ministry of Commerce will decide which importers will be allowed to buy cattle.
Import quotas for beef in 2013 were set at 32,000 tons, of which approximately 20% are prime cuts. The import quota for live animals is 267,000 head. Last month, Indonesia relaxed its restrictions on some imports to contain beef prices and avoid shortages during Ramadan, when demand increases.
Information provided by BeefPoint