Author Topic: NT hopes for bigger Indonesian cattle quota 15.02.2012  (Read 1096 times)

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Re: NT hopes for bigger Indonesian cattle quota 15.02.2012
« Reply #2 on: February 18, 2012, 06:38:14 PM »
Just as we always knew - it's about feeding the wealthy Indonesian middle class, not the 'poor' who have no refrigeration and can't afford meat anyway.

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NT hopes for bigger Indonesian cattle quota 15.02.2012
« Reply #1 on: February 18, 2012, 06:37:20 PM »
HOPES are rising that Indonesia will increase the quota for Territory cattle.

Permits for only 60,000 head were issued by Jakarta in the first quarter of this year. But the NT News understands this may be doubled for the next three months.

The quota covers the whole of Australia - but the Territory hopes to win up to 80 per cent of the market. Economic forces are all pointing towards Indonesia softening the restrictions it has imposed progressively over the past couple of years.

NT Cattlemen's Association head Luke Bowen said Indonesia had a growing, beef-eating middle class and demand for Territory cattle "remained strong".

He said the country had survived the global financial crisis in good shape and the economy was growing by more than 5 per cent a year.

Territory pastoralists who visited Indonesia last week report that feedlots - where NT cattle are fattened up after being imported - are operating at well below capacity and beef prices are rising.

This all points to Jakarta lessening restrictions on live cattle and boxed meat.

Australia used to export 750,000 head live every year - with the Territory shipping 350,000.

The quota was cut to 500,000 last year, but only 410,000 were exported because of the suspension of the trade. It has been pulled back to 283,000 this year.

But industry experts believe the actual number may be 500,000 because Indonesian pastoralists cannot meet demand.

Another development has gone in the favour of NT cattlemen.

The issuing of permits has been switched from the Indonesian Agricultural Ministry, which is heavily influenced by cattlemen, to the Trade Ministry, which is seen as more outward-looking.

http://www.ntnews.com.au/article/2012/02/15/288891_nt-business.html