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The Indonesian Meat Importers Association says the government should create new cattle production zones, because existing areas are shrinking to urban and tourism development. The association argues that imported breeding cows and buffalo will need new land.
The Agriculture Ministry says it aims to boost local breeding through a mandatory breeding programme so that live cattle imports can end.
Indonesia's continued reliance on livestock and beef imports sustains import demand. A policy shift toward domestic breeding would reduce future import needs over time.
foodnavigator.comOscar RousseauMay 21, 2017After 166 past policy events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.9% to +1.2%), and +1.3% over 20.
After 79 past policy events, Feeder Cattle moved a median +0.3% over 5 sessions (56% higher; middle half -1.0% to +1.2%), 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.
