Indonesia’s beef demand declines in Q1 as prices rise

July 31, 2020

by Meliyana – Beef demand in Q1 plummeted due to Covid-19, according to Indonesia’s Beef Cattle Businessmen’s Association. Chairman Didiek Puwanto said during the period, the price of live cattle reached USD 3/kg, while the rupiah’s depreciation contributed to higher prices. The current situation is still hard, Mr Purwanto told Asian Agribiz. “Trade and logistics [of live beef cattle and frozen beef] from Australia to Indonesia are affected due to the pandemic. Local production meanwhile is insufficient to meet local demand,” he explained.