Cattle getting exported out of Darwin have never been more expensive and while that's good news for sellers, it looks set to have an impact in other markets.
As the year draws to a close there has been a sudden rush of live export ships out of Darwin Port, with record money being paid for Northern Territory cattle.Darwin Port is experiencing a rush of cattle shipments prior to ChristmasThere have already been four cattle shipments out of the city this month and another five are due by December 20.
"Put it this way: it took us 10 properties last week to get 3,000 head of cattle together — so a fair bit of travel just to make it all work. "We're trying to get as many cattle out of the flood plains before the big rains come, because if you don't get them out now, you won't be getting them out until after Easter," he said."You look back 10 years ago, everyone was jumping through hoops for $2.10/kg, now they're $4.50/kg [and beyond] — it's pretty hard to believe.
Ramadan starts in early April, so Indonesian feedlots traditionally look to stock up months beforehand, giving them the standard 100-120 days of fattening prior to slaughter.While record prices are great for the northern cattle producers who are selling, the situation is very tough for Indonesian importers and feedlots.Live cattle export numbers to Indonesia are well down this year, but data suggests Indonesia has been filling that gap by importing more frozen boxed meat.
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