North’s graziers look to Vietnam
NORTH Queensland cattle producers will be largely unaffected by the lowered Indonesian live export quota, industry experts have said.
The reassurances come after the Indonesian Government announced it would take just 50,000 head of Australian live cattle for the quarter, a fifth of the anticipated 250,000.
Townsville stock and station agent Tim McHugh said he believed the impact on North Queensland producers would be minimal.
“If it was 12 months ago, there’d be a fair bit of anguish,” he said. “A lot of the cattle going out of Townsville this year were going to Vietnam.”
Cattle producer Russell Lethbridge from Werrington Station, north of Hughenden, said Queensland had other strong market options.
“It’ll be a little bit of flow- on effect but they’ll probably make up for it in the third and fourth quarter,” he said.
“There is a fair bit of demand coming from our own feedlot industry down south so we may not see much of a price correction.”
Agforce North regional manager Paul Burke said graziers weren’t producing the same amount of cattle due to the drought, minimising the
Let’s focus on the big picture – record numbers of cattle going out through live export
impact of the quota cuts. “While it’s disappointing, let’s focus on the big picture – record numbers of cattle going out through live export,” he said. “What we need to see happen in the long term is the setting of annual quotas, not quarterly.”
Townsville Port CEO Ranee Crosby said while Indonesia’s reduction may impact volumes through the port, it was too early to measure the wider impact given the reduction only applied to the July- September quarter.
“Over the last few years we have had anywhere between 7000 to 36,000 head to Indonesia for this quarter, and we would hope permits are increased for future quarters, which are generally the busier times of the year,” she said.
“Cattle exported through Townsville also go to a number of other destinations, notably Vietnam.
“Cattle are also exported to Malaysia and the Philippines.”