Dr Ross Ainsworth in Beef Central reported that there has been a relatively sudden slow-down in the trade and that the beef live ex trade is likely to continue to contract in the near future. As of October 2021, of the 16 cattle vessels normally operating from Australia to Asia, he reports only 7 are continuing to service the S E Asian trade.
Of all of the factors contributing to this dramatic slowdown in the trade, high cattle prices are the primary cause. Dr Ainsworth suggested it may even take 18 months for prices to moderate to a level at which our customers are able to restart profitable importation. He suggested that "the industry has no option but to batten down the hatches and sail into the unavoidable commercial storm and hope that they emerge from the other side in good order."
VALE hopes they never emerge from the other side and that this is the time that serious and considered long term plans should be built for a live-export free future - more certainty for farmers and definitely more certainty for the welfare of their stock!