Cattle prices rise as heavy stock leave for Indonesia

Thousands of heavy cattle from northern Australia will be exported to Indonesia this week, as Australia begins to fill an order for 75,000 ready-to-slaughter cattle by the end of the year.

The extra demand from Indonesia and short supply of heavy cattle in the north have pushed the price to $1.80 a kilogram.

Chair of the NT Livestock Exporters Association, Kevin Mulvahil, says it’ll be a busy fourth quarter for the live export industry.

“This fourth quarter is looking extremely busy, especially in the next week where we’ll see a significant number of cattle leaving the port of Darwin.”

Mr Mulvahil says sourcing heavy cattle is proving a challenge, and stations from across the north are helping to fill shipments.

“The dry conditions in the Territory have made it very difficult to source ready-for-slaughter cattle, so they’re coming from deep within Queensland, the Kimberley (WA) and the Northern Territory, so they’re coming from a fairly wide range of producers.”

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