Tuesday, April 16, 2024

Bulog Turns to New Zealand to Import Frozen Beef

The Jakarta Globe
August 24, 2015 | 7:28 pm
SHARE
The government also plans to import an additional 300,000 head of cattle by the end of this year, to bring down beef price further. (Antara Photo/Septianda Perdana)
The government also plans to import an additional 300,000 head of cattle by the end of this year, to bring down beef price further. (Antara Photo/Septianda Perdana)

Jakarta. State procurement agency Bulog will import 10,000 tons of beef from New Zealand in the coming weeks in an effort to bring the beef prices down to below Rp 100,000 ($7.20) a kilogram, an official said on Sunday.

“Agriculture Minister Amran Sulaiman has instructed us to import frozen beef so we are processing the permits now,” said Bulog's procurement director Wahyu, who goes by one name.

“In principal, the government wants beef to be available and its prices affordable,” Wahyu said. He said Bulog had chosen New Zealand over Australia for the frozen beef import as beef prices in New Zealand are not rising as fast as in Australia.

The government has asked Bulog to import 50,000 head of cattle in order to stabilize domestic beef prices, which had been rising by 10 percent since the beginning of the year. Wahyu said the first batch of the imported beef, comprising up to 9,000 head of cattle, would arrive in Indonesia in early September.

The government is also planning to import an additional 300,000 head of cattle by the end of this year, to bring down prices further. A kilogram of beef sold for Rp 109,000 on Friday, Trade Ministry data showed.

“We hope the price of beef will be below Rp 100,000 a kilogram,” Wahyu said, adding that the government is planning to impose a ceiling price for the commodity.

Joni Liano, the executive director of the Indonesia Beef Producers and Feedlot Association (Apfindo), said the sector was ready to support government policies to bring down beef prices.

Joni also hope the government will simplify the beef supply chain, which has contributed to high prices.

Tags: Keywords:
SHARE

POPULAR READS


Business 1 hours ago

Rupiah Declines Against Dollar Amid Geopolitical Unrest

The Indonesian rupiah depreciated against the US dollar in Tuesday's trading session, driven by escalating tensions between Iran and Israel
News 2 hours ago

Nasdem Vows to Honor the Constitutional Court Ruling on 2024 Presidential Election Dispute

Nasdem's Willy Aditya commits to respect the Constitutional Court's ruling on the 2024 presidential election dispute.
Business 3 hours ago

Jokowi Calls for Internal Meeting to Prepare for Economic Fallout from Iran-Israel Conflict

Minister Airlangga Hartarto announced President Jokowi's plan to hold an internal meeting on Tuesday to address the Iran-Israel conflict.
News 4 hours ago

Coach Shin Tae-yong Voices Outrage Over Referee Decisions After Indonesia's Defeat to Qatar

Indonesia's AFC U-23 defeat to Qatar leaves Garuda squad with 9 players, bottom of Group A.
News 4 hours ago

Knife Attack Against Bishop, Priest in Sydney Treated as Terrorism, Police Say

Police arrested a 16-year-old boy Tuesday after the stabbing at Christ the Good Shepherd Church.
COPYRIGHT © 2024 JAKARTA GLOBE. ALL RIGHTS RESERVED