Hundreds of thousands of Indonesian cattle were affected by an outbreak, how's the meat price?

Published 2022년 12월 1일

Tridge summary

Indonesia is facing a foot-and-mouth disease (FMD) outbreak among cows, with over half a million livestock affected across 26 provinces, leading to concerns about beef prices. Despite the national average price for beef falling, prices in Jakarta have risen due to the disease. Farmers may release sick cows to the market at low prices to prevent further losses, resulting in an oversupply of cheap beef. The outbreak, affecting 548,955 cows, was recorded in 309 districts and cities as of November 28, 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Hundreds of thousands of cows in the country are infected with an outbreak of Foot and Mouth Disease (FMD). However, it is suspected that this disease that has hit the livestock with cloven hooves will put pressure on the price of beef in the country. The National Food Agency's Price Panel noted that the national average price for pure beef today, Thursday (1/12/2022) fell by IDR 70 to IDR 133,920 per kg. However, in DKI, for the same type of meat, the Jakarta Food Information reported an increase of IDR 106 to IDR 141,595 per kg. The highest price was reported at Pluit Market at IDR 160,000 per kg. "For beef, in November there was deflation," said BPS Deputy for Distribution and Services Statistics Setianto during a press statement, Thursday (1/12/2022). This is in line with the statement by the Secretary General of the Association of Indonesian Meat Importers (Aspidi) Suhandri. According to him, to prevent further losses, domestic breeders will prefer ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.