Buffalo Stampede Threatens World’s Biggest Live Cattle Trade
- Australian exports to Indonesia facing competition from India
- Indian buffalo meat up to 40% cheaper than Australian beef
World's Biggest Cattle Trade at Risk
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Indonesians’ growing appetite for red meat needed to make rendang curries and to flavor noodle soups is putting the world’s biggest seaborne cattle trade at risk.
For the first time, Indian frozen buffalo meat is legally available in the world’s fourth-most populous nation. The sales, which started last month, are already causing anxiety on the sprawling Australian ranches that supply Indonesia with more than half a million live cattle a year.