www.thejakartapost.com ·
Idul Adha Livestock Farmers Hit by Falling Demand as Purchasing Power Weakens
Topic context
This topic has been covered 249769 times in the last 7 days across our monitored publishers.
The full article is on the original publisher site.
AI insight
AI-generatedIndonesia-specific demand weakness for livestock (goats) ahead of Idul Adha due to weakened purchasing power. Channel: demand_spike (negative) as consumer spending contracts. Affects livestock farmers' revenue and volume. No direct input scarcity; the issue is demand-side. Weak commercial mechanism: seasonal demand decline, not a structural supply shock.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.
- Goat farmer Dede in East Jakarta reported a 60% drop in sales, selling 16 goats vs 40 last year.
- Farmer Najib in Denpasar noted a 40% decrease in sales.
- IDEAS estimates nationwide livestock purchases for sacrifice will decline from 1.6 million to 1.59 million.
- Consumer preferences shifting towards smaller, more affordable animals.
- Goat prices range Rp 2.5 million to Rp 5.5 million.
Goat sales decline 2-4% in the immediate 48h due to weakened Idul Adha demand.
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Sector impact at a glance
- AGRICULTURE_FOODmid
- AGRICULTURE_FOODshort
- CONSUMER_STAPLESshort
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