Beef Price Hike

Prof Ali Agus, Dean of the Livestock Farming Faculty at Gadjah Mada University discusses trends in the price of beef in Indonesia towards the end of Ramadan and assesses the effectiveness of attempts made to minimise the price rises.

Prof Ali Agus - private collection Source: Prof Ali Agus - private collection

Price is just a function of a balance between supply and demand, right. Can beef prices be kept in check towards the end of Ramadan if Indonesia is not self-sufficient in beef production? Have the steps taken by the Indonesian Government to minimise price rises in beef been effective? Prof Ali Agus, Dean of the Livestock Farming Faculty at Gadjah Mada University answers these and related questions.