Indonesia: Ramadan arrives, live cattle imports increase 12 times

Jakarta, CNBC Indonesia - At the end of March, the Muslim community will observe fasting. Generally, just before the fasting month, the demand for several commodities increases, including the demand for beef. This has already begun to be read from the data from the Central Statistics Agency (BPS) which noted that in February 2023 Indonesia imported 7.8 million kg of live cattle or cattle. This value increased 12 times compared to imports in the previous month which was only 636.7 kg. In line with the total volume, the import value of cattle also increased up to 11 times. Based on BPS data, in January 2023 Indonesia only imported live cattle of US$ 2.39 million. However, in the following month the import value of live cattle increased to US$ 27.49 million or around Rp. 423.3 billion (exchange rate of Rp. 15,400/US$). Deputy for Production Statistics BPS M. Habibullah said that the drastic increase in the value and volume of imports in one month was due to the high demand for beef ...