Indonesia still off the boil
The Snapshot
- Live cattle exports to Indonesia in July dipped nearly 32% from the June figures.
- However, over July Vietnam saw a 77% lift on the flows seen during June.
- Meanwhile, China posted it’s best month in over a year with over 15,000 head of cattle reported exported for July 2022.
- Total live export cattle flows for July 2022 managed an 11% lift from the volumes recorded for June.
The Detail
The live cattle trade from Australia to Indonesia saw the third consecutive month of declining volumes as the nation grapples with containing the spread of Foot & Mouth Disease (FMD). In July volumes exported dipped nearly 32% from the June figures to see just 17,502 head of cattle exported. This is around 30,000 head under what would normally be sent this time in the season and current volumes exported to Indonesia are running 63% under the five-year average levels for July.
Thankfully, our other top destinations for the live cattle trade are picking up some of the slack. Vietnam saw the highest monthly trade reported so far in 2022 at 13,880 head exported. This is a 77% lift on the June flows and represent levels that are nearly 27% below the five-year average pattern for July.
China posted it’s best month in over a year with 15,006 head of cattle reported exported for July 2022. Month to month trade to China can be a little sporadic, so I wouldn’t place too much confidence in volumes to China staying this robust, but the flows seen in July represent levels that are almost 117% above the five-year trend for July.
The increased traffic of live cattle to Vietnam and China in July managed to offset the drop in Indonesian demand such that total live export flows for the month managed an 11% lift from total flows recorded for June. There were 48,334 head of Australian cattle exported in July 2022, representing volumes that are 39% under the five-year average pattern for July.
