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Beef Central's May 2024 Southeast Asia report notes a wide price gap between Australian and Indonesian live feeder cattle prices. It also covers Indonesia's BULOG losing its role in buffalo meat import permits, and a heatwave in Thailand, Malaysia and the Philippines.
The number of active live exporters by sea has fallen nearly 50% since 2005.
Indonesia's shift in meat import control and the wide price gap affect Australian live cattle export demand and regional beef pricing. Heat stress in Southeast Asia may also affect local livestock performance.
beefcentral.comGuest AuthorMay 14, 2024After 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% over 20.
After 28 past neutral policy events, Feeder Cattle moved a median +0.2% over 5 sessions (61% higher; middle half -0.6% to +0.8%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
