IDR 80,000. Recent Australian beef shipments have fallen in line with reduced cattle slaughter following a number of high production years caused by drought. February figures below, source: DAWR
The market takes a wide variety of beef cuts and beef offal and fancymeat, mostly in frozen form, due to the limited cold chain infrastructure and the stage of development. However, supermarkets and food service consumption is rising in line with population increases and relatively strong economic growth.
Government efforts to limit beef price increases in recent years have included relaxation of rules to allow import of Indian buffalo meat and also relaxation of weight limits on slaughter cattle imports from Australia. A wider search for alternative supplies has been conducted with small tonnages imported from as far away as Spain.
Below graphic indicates a range of commodities and shows recent increases in beef prices as well as other commodities. This has revived discussion of possible cartels in relation to the beef market in the country. Source: Jakarta market monitoring agency.
http://www.tribunnews.com/bisnis/2017/03/03/pemerintah-serius-perangi-kartel-daging-sapi TRIBUNNEWS.COM, JAKARTA - The Ministry of Finance signed a cooperation agreement with the Business Competition Supervisory Commission (KPPU) to suppress the price of beef in the market.In monitoring the government, the price of beef is currently very strong cartel practices. You see, in addition to local production, the supply of beef in Indonesia is still filled by imported meat.However, although imports of cattle and meat products increased by up to a dozen times, but prices continue to remain high. This confirms the existence of cartel practices in the meat market.To that end, the government together with the Commission to prepare a fine of up to Rp 25 billion to provide a deterrent effect.
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