New post July Market Report : S.E. Asian Beef Industry

Dr. Ross posted: " 80th Edition : July 2020. Key Points Live cattle export volumes continue at high levels in spite of Covid 19.Live pigs are a similar price to cattle in Vietnam.The combined strengthening of the Aussie $ and rising feeder prices is making future tra"

Respond to this post by replying above this line

New post on Southeast Asian Beef Market Report

July Market Report : S.E. Asian Beef Industry

by Dr. Ross

80th Edition : July 2020.

Key Points

  • Live cattle export volumes continue at high levels in spite of Covid 19.
  • Live pigs are a similar price to cattle in Vietnam.
  • The combined strengthening of the Aussie $ and rising feeder prices is making future trading environment very difficult for everyone.

Indonesia : Slaughter Steers AUD $3.97/kg live weight (Rp10,200 = $1AUD)

Slaughter cattle prices saw a small rise at the end of the month probably associated with the festival of Qurban on the 30th/31st of July. Some importers were able to push their rates up from Rp40,000 to Rp41,000 so I have set the indicator rate for July at Rp40,500 per kg live weight. While Indian buffalo meat is back in the retail market its availability remains limited so this may also have contributed to the slightly higher demand for live cattle.

Qurban demand was subdued as would be expected given the economic impact of the virus restricting people’s ability to make charitable donations for the slaughter and distribution of meat from cattle, sheep and goats. Many mosques asked donors to slaughter their stock in a local abattoir then deliver the packaged meat to the mosque in order to reduce the numbers of people concentrating in the grounds. Prices for Qurban cattle were in the order of Rp65,000 per kg live weight for local Bos indicus and crossbred cattle with Rp63,000 for Bali cattle. Slaughter numbers have been estimated to be about 40% down on previous years.

  • Photo from the ABC showing Bali cattle (left) and euro-crossbreds in a temperorary facility being fed on concentrate and rice straw in preparation for the Qurban festival.

The June import number hit a high of around 67,000 head which is quite a spike after a long run of monthly figures in the 30 to 45,000 range. Once again, this rise is probably related to advance orders placed when the feeder prices were extremely low in April this year.

The graph below from MLA shows that the general trend in exports remains roughly in line with the previous 5 years.

  • This frozen Indian buffalo has just reappeared in the cabinets at the Giant supermarket in BSD city, a suburb of Jakarta. Given its very unattractive appearance it is not surprising that it must sell at the discounted rate of Rp82,500 per kg or AUD$8.09 per kg.
  • The same supermarket is also selling US beef at Rp175,000 or AUD$17.17 per kg
  • Everyone is wearing masks at the busy Pasar Modern wet market in BSD city.

Darwin feeder steer prices continued to move higher during July to end the month at around $3.50 per kg live weight. Cattle are always harder to find at this time of the year in both the NT and Queensland but numbers still keep coming as the shipments in July remain strong. Rates for slaughter ox in Townsville have eased a little to around $3.35 at the end of July following a reduction in prices offered by the Queensland processors.

Vietnam : Slaughter Steers AUD $4.39 / kg (VND16,400 to $1AUD)

Prices for slaughter cattle were once again steady during July at Dong 72,000 per kg live weight. June import data shows that 32,300 head were imported, another strong month, well above recent averages of closer to 20,000 head. July shipments are expected to be of a similar magnitude.

The graph from MLA below shows that imports have been heading strongly higher since 2017.

The African Swine Fever (ASF) outbreak continues to hammer pork supplies with reports of live pig prices (Dong 88-93,000 per kg live weight – I assume breeders) making them similar to or higher than live cattle for the first time on record. See the OIE summary map below showing ongoing and new outbreaks in the middle weeks of July. A large proportion of these ongoing outbreaks are located in Vietnam and its immediate neighbours. These huge pig prices will no doubt be a part of the justification for the surge in imports of live cattle. Given the very long time it takes to halt the march of ASF and then rebuild the industry, it will probably be 2-3 years at least before local pig prices return to pre-ASF levels. Some live pigs are being imported from Thailand which has done a great job to keep the disease out of their country. See photo below.

Vietnam demonstrated extremely effective action when it controlled the initial outbreak of Covid 19 but now there is a second wave which has impacted Da Nang City, a major regional centre and tourist icon. Let’s hope they do a better job dealing with it than Victoria.

China : Slaughter Cattle AUD $6.47 / kg (RMB 4.95 = AUD$)

Slaughter cattle prices were slightly higher during July although the AUD rate above is the same as last month due to the strengthening of the Aussie currency.

Some wet markets are once again open in Beijing as one of my fresh beef quotes this month is from a market that was closed in June.

In 2017 there appeared to be a strong likelihood that the trade in slaughter cattle from Australia would take off with the potential for a massive new market for live cattle exports from Australia. The graph below shows very clearly that this potential has not been realised although the export trade in dairy cattle has continued to increase. Nobody has been able to provide a satisfactory explanation as to why the Chinese authorities have not modified the import health protocol in order to allow the live slaughter and feeder cattle trade to develop.

Philippines : Slaughter Cattle AUD $5.91 / kg (Peso 34.7 to AUD$1)

No change in prices again this month. One shipment of 2900 head was delivered from Australia to the Philippines in June. Retail beef, along with other food prices remains remarkably steady during this disruptive pandemic period. Surprisingly, this also includes pork prices despite the significant damage being done by the ASF outbreak in both Luzon and Mindanao. See the OIE map above.

Thailand : Slaughter Steers AUD $4.41 / kg (Baht 22 to $1AUD)

Slaughter cattle prices increased this month in both Baht and AUD terms with the local price at Baht 97 per kg live while the feeder cattle prices have also increased once again from 115 to 120 Baht per kg live or AUD$5.45 per kg live.

At Sea, still.

I am currently sailing on the MV Gelbray Express owned by the Vroon Group, a Dutch company. The captain told me that Vroon has around 150 vessels of all types ranging from 14 livestock carriers to tankers, rig tenders, car carriers, bulk carriers etc. During the pandemic, business for all classes of vessels is very slow except for the livestock carriers which are fully employed.

After my recent voyage from Darwin to Vietnam, the vessel called in to Manila for a long overdue crew change. Some of the crew had been onboard for as long as 12 months. The captain had been on for 11 while the bosun was very happy to be going home after 9 months onboard. Despite their long overdue crew change, the performance of their duties continued at a very high professional standard.

  • This very happy crew (those not on duty) is celebrating both the Captain’s birthday (Marlon Murillo, green shirt centre) as well as going home to friends and family the following day in Manila.
  • Suckling pig, an essential component of any Filipino celebration.
  • Nick Caacbay was our very capable Bosun on the MV Gelbray Express. The bosun on a cattle ship is essentially the “head stockman”.

These figures are converted to AUD$ from their respective currencies which are changing every day so the actual prices here are corrupted slightly by constant foreign exchange fluctuations. The AUD$ figures presented below should be regarded as reliable trends rather than exact individual prices. Where possible the meat cut used for pricing in the wet and supermarket is Knuckle / Round.

Dr. Ross | August 21, 2020 at 8:18 am | Tags: beef prices, market report, southeast asia | Categories: Monthly Market Report | URL: https://wp.me/p4BVtG-o2P

Comment See all comments Like
Unsubscribe to no longer receive posts from Southeast Asian Beef Market Report.
Change your email settings at Manage Subscriptions.

Trouble clicking? Copy and paste this URL into your browser:
http://seabeefreport.com/2020/08/21/july-market-report-s-e-asian-beef-industry-4/

Thanks for flying with WordPress.com

Pastoral Market Update – July 2020

Pastoral Market Update

Image
August 2020

Dear subscriber

The Pastoral Market Update (PMU) is a document published monthly by the Department of Primary Industry and Resources to provide information on livestock exports from the Port of Darwin and interstate cattle movements.

Historical records for previous exports are available from the department’s website.

Kind Regards

Department of Primary Industry and Resources

1796310.jpg
Department of Primary Industry and Resources
GPO Box 3000, DARWIN NT 0801
PMU
This email was sent by Department of Primary Industry and Resources, Northern Territory Government, GPO Box 3000, DARWIN, Northern Territory 0801, pmu to buffalo

Unsubscribe

header_1453182889.jpg

bg.gif

2021 Science and Innovation Awards – now open

2021 Science and Innovation Awards – now open

Apply for a $22k grant now!

‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

No images? Click here

2021 Science and Innovation Awards
for Young People in
Agriculture, Fisheries and Forestry

Grants to realise big ideas from young ag innovators

Applications are now open for the 2021 Science and Innovation Awards for Young People in Agriculture, Fisheries and Forestry, a competitive annual grants program supporting young Australians aged 18-35 by funding projects that will benefit Australia’s primary industries. In partnership with research and development corporations and industry associations there are 10 award categories worth up to $22,000 each.

Since 2001, the Science and Innovation Awards have helped more than 261 young innovators, researchers and scientists turn their ideas into reality through more than $4 million in grant funding.

Now it’s your turn. Bring your big idea to life and make a difference!

Your original research idea
+
$22,000 (GST inclusive)
=
solutions for our primary industries

Applications close
5:00pm AEST
Friday 2 October 2020

Each industry category offers a $22,000 grant in project funding.

The winners in each industry category will also be invited to apply for the Minister’s Award, granting an additional $22,000!

In launching the 2021 Science and Innovation Awards, Minister for Agriculture, Drought and Emergency Management David Littleproud has called for the sharpest young minds to apply different and innovative solutions to current industry issues.

“2020 has made one thing clear: there’s no shortage of complex challenges facing this nation and our agriculture, fisheries and forestry sectors,” Minister Littleproud said. “The blueprints for success, however, are simple: work hard, work smart and invest in the next generation.”

Last year’s winner of the Australian Eggs Award and Minister’s Award, Dr Meagan Craven from Deakin University, was recognised

for her project investigating whether pigeon milk can combat Salmonella outbreaks on Australian egg farms. “This project is a great example of innovation and applying different solutions to current industry issues. I can’t wait to see what’s next!” Minister Littleproud said.
– Are you working or studying in an agriculture, fisheries or forestry related industry?
– Are you aged between 18 and 35 and an Australian citizen or permanent resident?
– Do you have an original research project idea?

Your project must relate to a significant, longstanding or emerging issue and demonstrate dedication to the future of rural and regional industries. Eligible activities may include research activities, further study, industry visits, presentations at conferences or workshops or publishing in journals.

For the full list of eligibility and funding criteria, visit the website.

✓ Receive a grant of up to $22,000 (GST inclusive) to carry out your exciting project over a 12 month period.
✓ Join an esteemed group of previous award winners and advance your career in research, science and innovation.
✓ Connect with your industry category sponsor and other award winners to expand your professional network.
+ The winners in each industry category will also be invited to apply for the Minister for Agriculture, Drought and Emergency Management’s Award, recognising one outstanding extension research project and granting an additional $22,000!

To learn about winners and projects that succeeded in previous rounds, visit the website.

1. Go to GrantConnect, log in and search for GO4188 to access the sample application form and link to the application portal.
2. Read through the sample application form to see what’s involved.
3. Check out our handy questions and answers for applicants.
5. Read the Science and Innovation Awards partner profiles to find out what they are looking for.
6. Discover what projects were successful in previous rounds.
7. Prepare, save and submit your application online!

For further information and enquiries:
scienceawards 02 6272 2260 or 02 6272 2303

Applications close 5:00pm AEST Friday 2 October 2020.

Proud supporters of the 2021 Science and Innovation Awards

Each partner has provided a corporate profile which highlights their research and development priorities as well as what they are looking for in their next Science Awardee.

Know an agricultural innovator or researcher aged 18-35?
Forward this newsletter!

GPO Box 858, Canberra, ACT 2601

You are receiving this email because you’ve had past involvement with ABARES. To be removed from the Science and Innovation Awards
mailing list, please unsubscribe below.

Unsubscribe

Rum Jungle Week 34 Grid Update

Dear Members and Guests,

Please see the Rum Jungle grid for week commencing 17 August 2020.

Kind regards,

Louise Bilato

Executive Officer

NT Buffalo Industry Council Inc.

PO Box 36828

Winnellie NT 0821

Ph: 0400 107 223

ABN: 34 355 734 719

From: Rum Jungle <livestock>
Sent: Thursday, 6 August 2020 3:40 PM
To: NT Buffalo Industry Council <buffalo>
Subject: Rum Jungle Week 34 Grid Update

2360916.jpg
Image

WEEK 34 GRID

17th August to 21st August

WET SEASON
Rum Jungle Meat Export
Batchelor Abattoir
will continue to operate during the
WET SEASON.

Please contact Laura Cunningham
to explore consignment options through
this period.

Kill space is available for cattle

Please contact
Laura Cunningham
0407 088 777

2463011.jpg

https://centralagrigroup.com.au/

2425281.jpg?r=0.0833006007447551
Livestock Coordinator

Laura Cunningham

0407 088 777

livestock3777

2368058.png
1868515.jpg
This email was sent by Livestock @ VVME, 71 Giles Road, Trafalgar, Victoria 3824, Australia to buffalo

Unsubscribe

header_1453182889.jpg

bg.gif

RJ Week 34 – 17.08.2020.pdf

Posts navigation

1 2 3 4 5 22 23 24
Scroll to top