Colombia is considering entering the Indonesian live cattle market with a more competitive price, following four shipments of cattle from Australia this month, with some steers sold for a record $3.40 per kilo. The Australian live export price is supported by an increase in domestic cattle prices, but the industry is struggling with problems and expected to export 30% less than last year. Colombia's technical secretary of the Price Stabilization Fund, Augusto Beltrán Segrera, has stated that Colombian cattle are more competitive with their lower price of around $1.80 per kilo.