Santori, the largest livestock importer in Indonesia is moving its operations to China. The move was prompted by Jakarta's restriction on live cattle importation following Canberra's own live export ban in 2011.
Bruce Warren, executive of Santori, said restrictions on the import of Australian cattle to Indonesia have little chances of being lifted in the near future, prompting Santori to sign an agreement to construct a feedlot in China's Shandong Province.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.