Supply: DAF
AUSTRALIAN cattle exports totalled 71,421 head in June, dropping barely on the earlier month following the completion of main annual spiritual festivals in Indonesia and Vietnam.
With northern stations busy with their annual mustering rounds, delivery exercise is sustaining a stable tempo with 14 vessels at present working between Australia’s northern ports of Broome, Darwin and Townsville and the key Asian markets of Indonesia and Vietnam.
June cattle exports from Australia included 56,034 cattle exported to Indonesia, which was 21pc above the five-year-average for June, and 7624 cattle to Vietnam, down by 56pc on the five-year June common.
For the yr so far Australian cattle exports have totalled 360,314 head, which is the best first-half export exercise seen since 2021 when 435,314 have been exported within the first six months of the yr.
Supply: DAF
The June figures convey the whole export quantity for the 2023-24 monetary yr to 746,829 , additionally the best quantity seen since 2020-21, when 893,148 head have been exported.
Supply: DAF
On the availability aspect good numbers of cattle are reported to be accessible throughout the Kimberley and Northern Territory with the annual turnoff interval in full swing, whereas on the demand aspect exporters have advised Beef Central the tempo is slowing from the hectic volumes of earlier within the yr when Indonesian importers have been in search of to rapidly fill gaps created by delayed allow releases.
“They’re nonetheless shopping for nevertheless it has undoubtedly tightened up for certain,” was how one exporter summarised the scenario this morning.
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