AUSTRALIAN livestock exporter, Wellard Trading is loading the first part of a record live cattle shipment – a $19 million cargo of 26,000 cattle, bound for Indonesia.
The record shipment, aboard MV Ocean Shearer, is loading at Broome today. The vessel will take on 9,000 head before sailing to Darwin where loading will be completed.
Company chief executive, Fred Troncone, said the shipment will help Australian beef producers still suffering the financial impact of the two-month live cattle ban which halted trade between the two countries earlier this year.
Exporters are racing to fill orders from Indonesian feedlots and abattoir supply chains before Australia’s Top End wet season halts the flow of cattle. The demand has generated high prices of up to $2.10/kg.
Australia’s previous record live cattle shipment sailed in September – a total of 24,683 head.