Charters Towers Cattle Sale RESULTS
WEDNESDAY 13th NOVEMBER 2019
Yarding: 1,274 head
Numbers eased by 48 head to 1,274 cattle in Charters Towers, with increased numbers of plainer conditioned lines, reflecting the lengthening dry season. All regular processors were in attendance and operating strongly throughout, particularly for lower yielding lines suitable for slaughter, supported by one feeder buyer, one live exporter and opportunity restockers and backgrounders. Cattle were drawn from Hughenden, Greenvale, Burdekin, local and coastal areas.
LIVEXCHANGE 2019 CONFERENCE SUMMARY
IN-MARKET INSIGHTS - PANEL DISCUSSION
Facilitator: Greg Pankhurst, President QLEA
Take Home Points - Indonesia
🔅Daily weight gain in Indonesian feedlots used to average 0.9kg/day in the 90s and has grown to average up to 2.0kg/day. This is credited to the producers and their efforts to breed livestock with higher weight gains. Also credited to the efforts of feedlots and their feeding regimes.
🔅Indonesia consumers are wanting quality cattle & beef. Majority of the population is on Muslim religion and preference fresh slaughter.
🔅Indian Buffalo Meat (IBM) does hold a place in the Indonesian market and is stabilised. However will not replace the demand for quality Australian beef.
🔅IBM (frozen & boxed) has been imported into Indonesia for over 2 years. Approx. 150,000tonne.
🔅There will always be external threats and competition within the market, however the point of difference with Australian beef/cattle is the reliable, consistent flow of livestock from abattoirs.
🔅Indonesia’s animal heard is very important to them. Many parts of the country are self sufficient in beef. Australian imports compliment Indonesians own herd.
🔅Indonesians consume 2.4kg/per person/per year. It is estimated if this increases to 3kg, an extra 500,000 head will be required to meet this demand.
🔅Recent legislation requires Indonesia feedlots to hold 5% of feeder/breeder heifers within their facilities to hold a licence. Opportunity here for feeder heifer exports.
CHANGES TO NLIS DEVICE ORDER FORMS
For Queensland members, effective 1 October a form will need to be completed to request NLIS device order forms. CLICK HERE for the form.
With the introduction of the Biosecurity Act 2014, all persons who deal with livestock are required to be registered as registered biosecurity entities (RBEs). NLIS Device Requests will be withheld until renewal has taken place. Further information is available HERE.
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