TheJakartaPost
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Beef retailers have gone on strike in protest over the rising price of live cattle set by feedlot operators. While the increase is partly attributed to supply losses caused by flooding in Australia, Indonesia’s largest source of imported cattle, the Agriculture Ministry suspects foul play among feedlot operators, alleging that they are maintaining elevated prices to secure higher margins. This comes as the government earlier this month slashed the private sector’s beef import quota from 180,000 tonnes last year to just 30,000 tonnes.
As part of the wider national food security agenda, protein self-sufficiency requires a circular agriculture approach that integrates cereal production and pastureland planning and management for livestock feed, which is still highly dependent on imports.
Industry associations are concerned about a drastic cut to this year's beef import quota for private companies, warning of potential layoffs, stymied domestic competition and negative impacts on the market and consumers.
The Trump administration has been stepping up efforts to convince Americans of the economy's strength as affordability concerns emerged as a key issue in this month's elections for New York City mayor, and the governors of New Jersey and Virginia.
An Australian business delegation has arrived in Jakarta for talks on how they might contribute to President Prabowo's flagship free meals program, through potential cooperation in technology transfers and supply chain development.
