Kazakhstan intends to ban livestock exports to help processors
The Government of Kazakhstan must decide on a 6-months ban for livestock exports by the end of the year, informs Reuters quoting Agriculture Minister Saparkhan Omarov. "We are discussing a ban on livestock exports because we need to process meat domestically and sell processed products," said the official at the end of the week.
The latest data shows that Kazakh beef and cattle exports are about to double this year supported by the severe situation in the Chinese market and increased demand from Uzbekistan. In the domestic market, beef prices rose 15% year-on-year in September as producers took advantage of other export opportunities. However, shipments to China are low in volume as only a handful of local suppliers have the required certificates. In the first 9 months of 2019, China accounted for 25% in the global meat trade, a level considered "unprecedented" by all major players in the industry. The buying power of China and the impact of ASF will continue to be a key theme cutting across all global meat markets in 2020 but some of the suppliers are starting to worry about their exposure to one single market. "At the end of the day, Australia cannot feed the growing appetite of China alone, let alone fill the gap left in the wake of ASF. Finding the most suitable customer for each red meat product across a diversified array of markets will continue to drive the value of Australian exports – not simply chasing one single market", Meat and Livestock Australia commented in one of its latest analysis.