Released from Indonesian for a quarter.
As predicted Jakarta released the fourth quarter quota 200,000 cattle immediately for the ¬October-to-December period. 200,000 feeder cattle from Australia is the biggest order to be released from Indonesian for a quarter.
David Warriner "Certainly great news for Indo consumers & importers, and Australian exporters, shippers, and cattlemen. B2B has prevailed again. Politics unfortunately is not always in tune with business and when it is not, everybody pays the price.
Indo is such an important market for north Australia and the situation is on the improve by the look of it so let's not interfere too much or invariably it goes off the rails. Annual quota the next goal but gently gently." he said.
Exporters were relieved at the news and the boats start steaming out of Darwin tomorrow.
Northern cattle producers were smiling by the news that renewed shipments were under way from Darwin, Townsville, Broome, and Wyndham as we speak.
Posted in Jim Pola Blog on Wednesday, 30 September 2015