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Beef Central's SE Asia report says Indonesian slaughter cattle prices have eased from Rp43,000 to Rp42,000 amid oversupply from large July and August imports. Philippine beef prices rose past $4/kg, and China prices stayed firm as ASF spreads.
Indonesian oversupply weakens beef import demand in the region, while firm Chinese prices from ASF-driven pork shortages support broader meat demand, a modest signal for feed and cattle markets.
beefcentral.comGuest AuthorNov 13, 2018Not enough comparable past events yet for a historical read.
Not 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.
