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Indonesian importers stocked up on feeder cattle in June ahead of tighter supplies in the second half of 2019. Indian buffalo beef supplies in Indonesia ran short after Lebaran, with more imports expected in mid-August.
Strong Indonesian feeder imports ahead of a lean second half support Australian feeder cattle demand, while the Indian beef shortage shows import supply gaps in Southeast Asia.
beefcentral.comGuest AuthorJul 16, 2019Not enough comparable past events yet for a historical read.
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.
