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Today's Headlines Cattle

  • 32 Indonesian Companies Fined, Found Guilty of Forming Beef Cartel

    Indonesia's Business Competition Supervisory Commission (KPPU) penalized 32 Indonesian cattle importer and beef feedlot companies with a combined IDR 107 billion (approx. USD $8.1 million) in fines on grounds of the practice of unfair competition. These 32 companies have been found guilty of forming a cartel with the aim of controlling local beef prices, curtailing beef imports, and curtailing the distribution of beef at the expense of the Indonesian consumer, particularly in the Greater Jakarta area.

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  • Still a Long Road toward Beef Self-Sufficiency for Indonesia

    The Indonesian Cattle and Buffalo Farmers Union (PPSKI) is pessimistic that Indonesia can achieve self-sufficiency in beef in either 2016 or 2017 despite the Indonesian government’s renewed push for self-sufficiency in various commodities, including beef. Self-sufficiency in beef is defined by the PPSKI as needing to import less than 10 percent of the nation’s total beef demand. However, with Indonesia’s beef demand estimated at more than 3.8 million (of live cattle) in 2016, while the country’s government news agency Antara said Indonesia is to import up to 600,000 live cattle this year, it implies that nearly 16 percent of domestic beef demand is imported.

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Latest Columns Cattle

  • Indonesia's Partnerships with Denmark & the United Kingdom

    Indonesia's Agriculture Minister signed a Memorandum of Understanding with the government of Denmark for investment into Indonesia's corn and sugar plantations as well as the cattle industry. Based on the words of Indonesian Agriculture Minister Amran Sulaiman it involves total Danish investment of at least IDR 2 trillion (approx. USD $152 million) for a period of five years. The deal involves the transfer of Danish agricultural technology, while Indonesia's part of the deal is to provide two million hectares of land. Meanwhile, Indonesia also plans to reaffirm its partnership with the UK in the creative economy industry.

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