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Indonesian slaughter steer prices rose again in September, with the indicator rate reaching Rp42,000 per kg live weight at the feedlot gate. Some West Java reports cite up to Rp44,000, partly linked to Qurban demand.
Rising Indonesian cattle prices reflect strong domestic meat demand and tight supply, supporting import demand for Australian cattle and beef.
beefcentral.comGuest AuthorSep 13, 2018Not 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.
