Indonesia increases beef import quota ahead of Ramad - leatherbiz: Lea Leatherbiz

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Indonesia increases beef import quota ahead of Ramadan

01/06/2016
The Indonesian Trade Ministry has more than doubled the country’s beef import quota to 27,400 tonnes to curb rising prices in local markets ahead of Ramadan.

The quota is more than double the 10,000 tonnes recommended by the Ministry of Agriculture and follows on from President Joko Widodo’s instruction to reduce beef prices from Rp110,000 ($8) to 80,000 per kilogramme ahead of the start of Ramadan on June 7.

“We will import the beef from various countries,” said Trade Minister Thomas Lembong. He declined to name the countries from which the beef would come but added that Indonesia wanted to diversify the sources of its beef imports.

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Indonesia targets self-sufficiency in beef within next decade 22/06/2016
Indonesia cattle import permits released 12/05/2016
Java to have new port devoted to cattle shipments 11/05/2016
Indonesia launches e-commerce drive to aid farmers 12/04/2016
Indonesia to admit Australian feeder cattle, but supply is tight 13/01/2016
Indonesia backtracks on cattle quotas 19/08/2015

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