Indonesian economic ministry says cattle imports will rise next year

Indonesia intends to import more cattle from Australia next year as it looks to rein in rising beef prices, the country’s economic ministry said this week. The ministry said in a statement it plans to issue permits to import 700,000 cattle for slaughter in 2017, as well as ramping up buffalo meat imports from India. “This is being done to push down prices that are still high, and to prepare for demand during the Muslim fasting month in 2017,” the ministry said. However, highlighting the discrepancies that can exist between public Ministerial statements ahead of quota allocation periods and actual…

Source: Beef Central
Indonesian economic ministry says cattle imports will rise next year