Month: November 2016

Growers take up CBH’s Direct to Vessel option

THE CBH Group has successfully launched its new Direct to Vessel service with high demand from growers wanting to take part. The service involves growers nominating a specified grain type and grade to a vessel as opportunities become available. They are then required to deliver grain to port within the 14 days prior to the… Read more »

MLA to drive $150 million roll-out of objective carcase measurement in 90 abattoirs

OBJECTIVE carcase measurement technology is set to be introduced much sooner and in a much bigger way across Australia’s beef and sheep meat industries than many may have thought likely. In what is shaping as a rare and significant industry-led roll-out of technology, Meat & Livestock Australia will borrow $150 million to fast-track the implementation of… Read more »

Deadline extended for aspiring sheep meat industry leaders

ASPIRING sheep meat industry leaders have less than two weeks to apply to join the Sheepmeat Council of Australia’s new leadership development program. The closing date for the Sheepmeat Industry Leadership Program has been extended by three weeks until 5pm on November 21 2016. The Sheepmeat Council of Australia is calling for producers to apply to enter… Read more »

Farm technology vulnerable to cyber attack

TECHNOLOGY is helping farmers become more productive and profitable, but it can also make them vulnerable to cybercrime. National Australia Bank’s (NAB) chief information security officer, Andrew Dell, says the FBI has alerted the American food and agricultural sector to the fact that cyber criminals might target information gathered as part of their precision agriculture… Read more »

More progress needed in supply relationships, urges global beef customer

WHILE progress has been made, there’s still considerable potential for beef producers and processors to integrate and collaborate more effectively, one of the largest purchasers of Australian beef told a producer audience near Adelaide last night. Speaking at a producer gathering in the lead-up to today’s Meat & Livestock Australia AGM and industry forum was… Read more »

Trump’s victory against the odds: US, Australian industry reaction

REACTION is starting to flow out of the US and global red meat industries over the implications in Donald Trump’s unexpected victory in yesterday’s US Presidential election. Swings in currency value around the world are one of the initial impacts, several commentators suggested. The A$ started to climb against the US$ yesterday as investors were… Read more »

Mexican Peso Plunges to Record Low with Trump Elected

OVERVIEW Donald Trump’s election is now the second major political upset of 2016, carrying far greater significance for the world than Brexit.  As it became clear that Trump was likely to win in the early hours of Wednesday morning, financial markets were significantly lower and the US Dollar was weaker. Following Trump’s unexpectedly conciliatory speech… Read more »

Weekly Property Review – Go west, young man

Quilpie country showing the benefit of recent rain IN A rising property market, the question for astute investors is often, where best to invest? Graziers looking to expand are increasingly looking at south-west Queensland as a value-for-money proposition. This week’s report looks at what’s happening in the area through the eyes of a valuer and… Read more »

Property: Who wants to buy Australian farms?

In this analysis, BDO Australia’s executive director corporate finance Margaux Beauchamp defines four key interest groups targeting Australian farm investment assets.  The key for business owners seeking buyers and/or equity investors is to understand the difference in these various investor groups before heading to market, she suggests. INVESTMENT in Australia’s food and agribusiness industry is currently ‘in… Read more »

Four factors driving slowdown in feedlot turnover

Yesterday’s September quarterly feedlot survey results have provided some fodder to support the view that there’s an important trend occurring in lotfeeding operations across eastern Australia this year. Survey data appears to back-up the belief that the rate of cattle turnover (as distinct from the numbers on feed) in feedyards across Australia has declined significantly… Read more »

Feedlotters feel the pinch as restockers continue to buy up cattle

As the year quickly comes to a close, Australian’s feedlot sector may end on a lower note than it started.The latest survey from The Australian Lot Feeders Association and Meat and Livestock Australia shows the number of feedlot cattle throughout the nation has declined by 13 per cent for the 2016 September quarter…. Read more »

Optimistic mood for NSW Central Tablelands property market

Billabong, 20km southeast of Boorowra, was bought for $5.825 million by a Sydney-based buyer THERE’S continuing optimism evident in the NSW Central Tablelands property market, local valuer Craig Johnstone reports in the latest Herron Todd White monthly rural report circulated this week. “We are aware of a number of strong sales in the Binalong and… Read more »

Mixed protein levels in early harvest returns

LOW protein issues predicted for this season’s cereal crops may not be as extensive as first thought as the harvest in eastern Australia moves through early wheat and barley crops in central and southern Queensland. Barley yields have been very high so far this harvest, but some crops have been downgraded from malt to feed grade due… Read more »

Victorian superfine wool growers’ clip suits top Italian fabric maker

Alberton Barberis Canonico, left, with VBC Wool Excellence Award winners Garry and Sharon Meek. MININERA superfine woolgrowers Garry and Sharon Meek have won the prestigious Vitale Barberis Canonico Wool Excellence Award with a focus on producing superfine Saxon wool with special qualities. The Italian fabric manufacturer said the Meeks’ winning wool clip displayed the unique… Read more »

Darwin shipping ending year on wetter sail

A live export vessel at the Port of Darwin. Cattle shipments from Darwin are returning to larger volumes after slumping to one of the slowest periods of export activity since the mid-2011 live export ban. Only 4500 cattle were exported from the Port of Darwin during September and just over 11,000 in October, due to… Read more »

Victoria claims title as leading food and fibre-producing state

VALUABLE wool, sheep meat and skin exports have helped maintain Victoria as the leading food and fibre exporting state in Australia. The 2015-16 Food and Fibre Export Performance Report released today said Victoria takes up only 3 percent of the country’s land mass, but accounted for 26pc of Australia’s food and fibre exports valued at… Read more »

Oil content in canola breaks local records

It’s been a slow start to grain harvest across New South Wales this year but action has finally begun in the central west. Grain deliveries started last week at Narromine and farmers to the west of Condobolin and near Tottenham and Bogan Gate have been able to get the header into paddocks this… Read more »

All aboard call for Oakey’s first cattle train

THE first western livestock rail freight service in 23 years to the Oakey Beef Export plant near Toowoomba has been booked, and will roll out of the western Queensland rail-head of Quilpie on Tuesday, 29 November. Oakey livestock manager Kurt Wockner said the plant was now taking livestock bookings for the inaugural service, expected to… Read more »

Livestock prices lift demand for grain and graze crops

Plantings of dual purpose crops across New South Wales are expected to increase by as much as 10 percent per year in the future. The Department of Primary Industries said farmers were showing more interest in the crops for a number of reasons. Technical grains specialist Peter Matthews said the extra income and… Read more »

XE Market Analysis: Asia – Nov 08, 2016

Wall Street turned opening losses into moderate gains, as USD-JPY printed over the 105.00 mark, a one-week high, and as gold futures tumbled to seven-session lows near $1,273.00. USD-MXN, an election proxy, dove to two-month lows. Based on recent market sentiment, these tandem moves seemed to indicate traders had decided that Clinton would win the… Read more »

Markets Brace Themselves

OVERVIEW Financial markets are quiet as Americans head to the polls, with campaigning in the most divisive election in the country’s history ends.  Chinese trade data was weaker than expected, with exports falling 7.3% year-on-year and on the surplus. German industrial production fell 1.8% in September, the largest decline in more than two years which… Read more »

Roma store 8 Nov 2016: Restockers more selective

Yarding 6700 Change 800 Yarding numbers increased by 12% from the previous store sale. It was a mixed quality yarding with several pens of good sorts penned, plus large consignments of plain western Queensland cattle. All the usual restocker buyers were at the sale and were more selective when buying. Extra feedlot buyer competition lifted… Read more »

NVLX Wodonga 8 Nov 2016: Volatility despite more buyers

Warm spring conditions drew a slightly bigger yarding of just over 1,800 cattle at NVLX Wodonga. Even with a larger field of buyers most categories showed volatility. Despite a good body of feed across the Riverina producers offloaded both prime finished cattle and store conditioned yearlings unwilling to take a punt on the drying spring… Read more »

Weekly rainfall wrap + 14 day outlook, 9 Nov 2016

Today’s 14-day rainfall outlook – scroll to bottom of article The biggest falls of the past week were recorded in central and western Tasmania, parts of central Queensland, in the west and north of the Northern Territory. Past seven days: Rainfall was recorded in central and northern parts of Western Australia; in the west, eastern… Read more »

Weekly rainfall wrap + 14 day outlook, 9 Nov 2016

Today’s 14-day rainfall outlook – scroll to bottom of article The biggest falls of the past week were recorded in central and western Tasmania, parts of central Queensland, in the west and north of the Northern Territory. Past seven days: Rainfall was recorded in central and northern parts of Western Australia; in the west, eastern… Read more »

Cat centre braces for influx over summer

Staff at the Hobart Cat Centre are expecting one unwanted cat or kitten to be surrendered to them every half an hour over the next few months.Peak cat breeding season is set to begin and the shelter is bracing for an influx of felines that need to be treated, tagged and rehomed.”Over… Read more »

Farmers must declare no glyphosate: CBH Group

Grain growers need to be aware of their obligations when delivering barley, or face price penalties, Western Australia’s main grain handler the CBH Group says.Last week the Australian Pesticides and Veterinary Medicines Authority approved an application for grain growers to use glyphosate late on their feed or food grade barley crops.The ruling means… Read more »

Weekly kill: Hotter weather pushes more cattle into supply pipeline

AFTER five or six months resorting to a ‘just in time’ approach to slaughter cattle supply, the recent uplift in numbers is seeing some processor livestock buyers filling their booking schedules for the next couple of weeks. Several large Queensland multi-site processors this morning told Beef Central they now had kill slots more or less… Read more »

Frost bites into WA winter crop potential, chickpeas star in the east

A SERIES of damaging frosts in Western Australian in September/October has cut production forecasts for the state’s winter crop by three million tonnes, pruning production estimates to a reduced, but still sizeable, 15-million-tonne crop. A series of frosts earlier in the season has cut 3 million tonnes from WA’s winter crop forecasts as harvest moves… Read more »

Big ticket items shore up machinery market

TRACTOR sales across Australia are being led by the larger end of the market with sales, in dollar terms, now 10 per cent up on annual averages, according to the Tractor and Machinery Association of Australia (TMA). Grain harvester sales are up 11pc for September and 12pc on a year to date basis. Big ticket… Read more »

Business as usual in the NZX stable

Following last week’s announcement by New Zealand Stock Exchange (NZX) it had sold Clear Grain Exchange, NZX Australia has written to its Profarmer Australia and Australian Crop Forecasters clients to confirm that, for them, it will be business as usual. Profarmer Australia and Australian Crop Forecasters will remain an integral part of NZX Agri, which provides data… Read more »

September feedlot survey shows savage decline in cattle on feed

GRAINFEEDING activity across Australia has declined dramatically in the face of short feeder cattle supply and record-high prices, results lodged in the September quarterly feedlot survey released a few minutes ago suggest. Numbers on feed at the end of September were reported at 788,873 head, down 13 percent from the June quarter, and back almost… Read more »

Labor to attempt to lower the proposed backpacker tax rate

Labor will attempt to water down the Coalition’s backpacker tax proposal, as the Senate gears up for a showdown over the controversial policy.Labor will move an amendment for a 10.5 per cent backpacker tax, when the government’s bills come up for debate.Independent Tasmanian Senator Jacqui Lambie has already indicated she will also move… Read more »

New disease threat to Riverina lupin crops

Authorities dealing with the damaging disease lupin anthracnose are confident it can be eradicated from southern New South Wales.Until now, NSW was one of the last places in the world to be free of the disease.The fungus produces a growth on one side of the stem and causes lupin plants to collapse and… Read more »

Concessional farm finance interest rates cut to help farmers in need

FARMERS across Australia will be able to save thousands of dollars thanks to a cut in concessional farm finance interest rates from February 1 2017. It is estimated the revised rates could deliver savings of up to $5900 over a year. The rate drops comes as part of the Coalition Government’s regular six-monthly review of concessional… Read more »

Risk-on or risk-off?

LAST week we saw the running of the Melbourne Cup, the race that stops a nation. On Tuesday we have the conclusion to the race that stops the world, the United States Presidential Election. That race started before Protectionist won the Melbourne Cup back in 2014, and that name is quite ironic when you consider… Read more »

XE Market Analysis: Asia – Nov 07, 2016

It was risk on through the N.Y. session on Monday, with stellar Wall Street gains coming on the back of the FBI letter over the weekend, which let Hillary off the legal hook. The markets are inclined to think Clinton as the status-quo candidate, and with her odds now seemingly improved, risk appetite picked up… Read more »

Syngenta rewards champion growers and advisers

TWENTY-FIVE growers and advisers across Australia and New Zealand have been selected as regional winners in the 2016 Syngenta Growth Awards. NSW regional winner, Jim Cronin. Currently in its third year, the Syngenta Growth Awards champion growers and agricultural advisers who lead the way in their profession. “Today there’s a pressure to do more with… Read more »

Coolana to draw curtain on 45 years’ Angus bull breeding

FORMER Angus Australia board president Mark Gubbins and his wife Anna will draw the curtain on 45 years of Angus stud breeding at their western Victorian family property Coolana, with a herd dispersal planned early next year. Mark Gubbins The Gubbins family will continue to breed commercial cattle at Coolana, near Mortlake, but the decision… Read more »

Rate cuts announced for concessional loans

Interest rates for existing concessional loans will be cut from 1 February 2017. The revised rates to deliver savings of up to $5,900 over a year. Loan amounts are for up to 50 per cent of a farm business’ final debt position to a maximum of $1 million in total. More than $533 million in… Read more »

Dollar Strengthens on Latest Election Twist

OVERVIEW Stock markets are higher today as investors are relieved that Hillary Clinton won’t face criminal charges. German factory orders unexpectedly fell 0.6% in September, the steepest fall in five months both at home and abroad. Eurozone retail sales fell 0.2%, a second month of declining sales which rose 1.1% compared to last year.  The… Read more »

Wagga sale 8 Nov 2016: Restockers less eager to push prices higher

Wagga agents tendered a similar sized yarding of only 3,700. Price did fluctuate throughout the sale dependent on who was buying. Looking at the bigger picture there were signs that restockers were not prepared for the moment to keep pushing prices upwards. Like the season some cattle offered had been set back by cold wet… Read more »

Growing teff to cater for ancient grains boom

Ancient grains have found a place as part of the modern diet, with options like quinoa becoming common on supermarket shelves and cafe menus. But a southern New South Wales farmer is hoping Australian consumers will develop a taste for another ancient grain: teff.Wakool farmer Fraser McNaul is growing the crop and working… Read more »

Surging Chinese middle class represents exponential growth opportunity

A HUGE surge in Chinese citizens transitioning to middle class ranks with higher disposable income means Australia has not yet seen the best of the export opportunity for red meat products, by a long way. That was a key messages regarding future trade prospects delivered to stakeholders taking part in the recent TSBE Access China… Read more »

Lamb production seasonality will help EU FTA negotiations

Welsh MEP Derek Vaughan, centre, with Injemira Beef Genetics’ Marc Greening, left, and MLA’s Josh Anderson. THE potential for Australian lamb producers from coming European Union and United Kingdom free trade agreement discussions is for more fairer access based around production seasonality, according to Meat & Livestock Australia. MLA international business manager for Europe and… Read more »

NZ lamb production set to decline for second consecutive year

NEW Zealand lamb production has declined 3 percent this season, to close at 371,900 tonnes for the 2015-2016 season. And Beef + Lamb NZ anticipated lower lamb exports for 2016-17, at 291,000 tonnes as production reduced. Meat & Livestock Australia said in September this year, New Zealand lamb production decreased 6pc from production in the same month last… Read more »

WA’s Murdoch University researchers star at Polish symposium

Sheep CRC CEO James Rowe presenting to university students. THE sheep research credibility of Western Australia’s Murdoch University’s received a boost at the recent International Symposium on Energy and Protein Metabolism and Nutrition in Krakow, Poland. Five Murdoch University scientists were recently chosen to deliver oral presentations, all linked to research they are conducting through… Read more »

Blatantly unfair to prosecute drivers for effluent loss from trucks: ALRTA

Should cattle producers or lot feeders be held responsible for effluent loss that occurs from their cattle during transport? Under existing heavy transport laws, truck drivers can be prosecuted for effluent loss from their trucks when carting cattle. The Australian Livestock and Rural Transporters Association says it is clear that the problem is caused by… Read more »

Kellaway takes on Livestock Biosecurity Network leadership

LBN chairman James Kellaway LIVESTOCK Biosecurity Network has endorsed former Australian Egg Corporation managing director James Kellaway as its new chairman. At the recent LBN annual general meeting a new board was endorsed, with Mr Kellaway taking on the role of chairman. Mr Kellaway said he was honoured to have been appointed LBN chairman. “I… Read more »

Aus, Indo Trade Ministers meet in Sydney

Australia and Indonesia could finalise a stronger new economic partnership within 12 months, Australia’s trade minister Steve Ciobo said yesterday after meeting with his Indonesian counterpart in Sydney. Mr Ciobo and Indonesian Trade Minister Enggartiasto Lukita discuss the proposed Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA). Mr Ciobo said the agreement will enable a “new era… Read more »

High quality pasture focus on NSW and Vic farm tours

NZ veterinarian Charlotte Westwood. NEW Zealand veterinarian, Charlotte Westwood, will discuss how to drive increased animal productivity in high quality pasture systems at two farm tours in Victoria and New South Wales this month. Ms Westwood will be the keynote speaker at the PGG Wrightson Seeds Ballarat Farm Tour and Roadshow at Armidale, NSW, on… Read more »

Stevedoring prices lowest in 17 years: ACCC

The Australian Competition and Consumer Commission’s 2015-16 Container Stevedoring Monitoring Report has found that increased competition in container stevedoring has pushed prices to their lowest level in seventeen years. Australia’s container stevedoring industry is experiencing a period of increased competition and investment in infrastructure, ACCC Chairman Rod Sims said. “Increased competition has pushed average stevedoring… Read more »

International Economic Week in Review: A Bare Bones, Election Shortened Column

     This is an election shortened report.        EU economic news continued to point to a region growing modestly.  Top line GDP was up .3% Q/Q and 1.6% Y/Y.  Due to a 1.1% increase in service costs, inflation advanced .5% M/M.  For a third consecutive month, the unemployment rate was 10%.  Finally, Markit… Read more »

US Bond Market Week in Review: A Rate Hike is Looking More and More Likely

     This week’s bond markets indicates the Fed is probably preparing the markets for an increase at the December meeting.      This week’s announcement – where they voted to maintain their current rate policy – characterized labor market growth as “solid.”  As this chart shows, the current 3, 6 and 12-month moving averages are… Read more »

US Equity and Economic Review: Despite a Good Earnings Season, the Markets Head Marginally Lower

     This week, ISM released their manufacturing and service indexes.  The former increased .4 to 51.9, an expansionary reading. Although production, new orders, new export orders and employment readings rose, only 8 of 18 industries grew.  Still, the headline reading was still positive.  The services number decreased 2.3 to 53.8.  While the sub-indexes for business and… Read more »

Producers can view Thursday’s MLA AGM and Industry Forum online

SHEEPMEAT, cattle and goatmeat producers across Australia will be able to view Thursday’s Meat & Livestock Australia annual general meeting and Industry forum online. The proceedings in Hahndorf in the Adelaide Hills on Thursday, November 10 will be live-streamed, accessible via the MLA website – click here to access – allowing producers who are unable… Read more »

The bull catchers giving disadvantaged kids a second chance

A family-owned station in the Top End is giving troubled kids a second chance, teaching them pastoralism, and in this case, how to catch wild bulls.Seven Emu Station, on the Queensland and Northern Territory border, is run by the Shadforth family, and at the moment, it is a case of hang onto your… Read more »

Weekly Indicators: the economy forecasts a narrow Clinton victory edition

Commodity prices as measured by industrial metals bottomed last November. ECRI subsequently turned up as well, enough so that both turned positive. Recently metals turned negative, but have now resumed being positive. Stock prices S&P 500 Down -1.9% w/w Stock prices became a positive having made new all-time highs in summer. They have not made… Read more »

Big movements highlight AuctionsPlus buyer ‘reach’

These Shorthorn and Shorthorn cross heifers from Gillingarra, WA bought on AuctionsPlus yesterday have a 3500km journey to their new home in central western NSW. They made $665/head. AuctionsPlus’s unparalleled ability to put together buyers and vendors from geographically disparate parts of the continent was on show in this week’s online sales, where cattle numbers… Read more »

Producers can view Thursday’s MLA AGM and Industry Forum online

CATTLE and sheepmeat producers across Australia will be able to view Thursday’s Meat & Livestock Australia annual general meeting and Industry forum online. The proceedings in Hahndorf in the Adelaide Hills on Thursday, 10 November will be live-streamed, accessible via the MLA website – click here to access – allowing producers who are unable to… Read more »

XE Market Analysis: Asia – Nov 04, 2016

The dollar moved higher in the immediate aftermath of the U.S. jobs report, which was a bit light on the headline, though upward revised prior months made up for it. Gains were short lived however, as persistent U.S. election concerns weighed the greenback down. Wall Street managed a small bounce, with short covering after a… Read more »

U.S. Job Growth Remains Strong

OVERVIEW Eurozone service sector growth slowed unexpectedly last month, with the PMI dipping to 52.8 as the bloc’s recovery remains weak. The Canadian economy unexpectedly added 43,900 jobs last month, the second month in a row of strong hiring by companies.    Australian retail sales beat expectations rising 0.6% in September, a second month of… Read more »

XE Market Analysis: Europe – Nov 04, 2016

Yen weakness provided the main directional theme in forex markets in pre-London trade in Asia. This corrected some of the safe-haven strength the currency had seen earlier in the week, helping USD-JPY find ifs feet after clocking a one-month low at 102.54 yesterday. The pair settled in the low 103s, which still leaves it with… Read more »

Currency float sparks uncertainty in world’s largest wheat market

EGYPT, the world’s largest importer of wheat, overnight floated its currency in a move which has thrown uncertainty on the immediate outlook for grain and pulse sales to the Arab world’s largest population and second-largest economy. However, floating of the currency is seen as a necessary step for the Egyptian Government to modernise its economy, and… Read more »

Property: Pre-emptive strike secures Channel Country’s famed Nappa Merrie

IN another measure of the strength of the current cattle market for premium northern grazing properties in desirable areas, the Queensland Channel Country’s Nappa Merrie Station has gone under contract – a week before the first buyer inspections were due to start. Elders this morning confirmed that an unconditional agreement had been signed by vendors,… Read more »

Imported vs US domestic lean beef price spread reaches five-year high

The price spread between imported and US domestic lean manufacturing beef has reached its highest level in five years, US analysts reported this week. Prices on the US imported beef market have continued to push higher, driven by very tight overseas supplies on the spot market, stronger demand from importers trying to cover existing orders,… Read more »

ACCC sheep meat study call from ex-WAFarmers leader

Former WAFarmers leader Dale Park. AUSTRALIA’S competition watchdog needs to take a closer look at the national sheep saleyard and meat marketing system, according to former WAFarmers president Dale Park. Mr Park said he would be taking up the issue of competition in the WA sheep meat market with WAFarmers, but he believed the Australian… Read more »

Recruitment: Five ways to build loyalty, not turnover

Latest listings on Jobs Central recruitment page: Business Analyst (Paraway Pastoral Co) Livestock Sales Representative (Quality Livestock) Sales & Nutrition Representative (Stocklick Trading) Domestic Logistics Manager –  Cotton (Rimfire Resources client) Field Director (Santa Gertrudis Breeders Association) Livestock Buyer – Dairy (Austrex) Livestock Export Coordinator (Austrex) Stockperson – Wainui Feedlot (NAPCo) CEO – Cattle Council… Read more »

Change of ownership for Clear Grain Exchange

NZX LIMITED, which owns and operates New Zealand’s stock exchange, and Nathan Cattle, general manager of NZX’s Australian businesses, have announced a transfer at the helm of the Clear Grain Exchange (CGX) business. In a statement to the exchange, NZX announced early today it would reduce its exposure to the New Zealand and Australian agri-sector,… Read more »

XE Market Analysis: Asia – Nov 03, 2016

The dollar was mixed in N.Y. trade on Thursday, losing ground to the euro and pound, while making modest gains versus the yen and CAD. Incoming U.S. data was mixed, with jobless claims higher than expected, and productivity better than forecasts. Factory orders were firm, though the services ISM was weaker than expected. None of… Read more »

Qld’s new stock route laws miss the mark: AgForce

New laws that will see control of Queensland’s 2.6 million hectare network for travelling livestock handed to local councils fail to ensure the stock routes will be managed properly, warns Queensland producer group AgForce. New legislation introduced into Queensland Parliament yesterday will, if passed, see graziers pay local councils for grazing permits to use stock routes… Read more »

Pounds Jump on Court Ruling

OVERVIEW Last night the Federal Reserve left rates on hold and signaled a hike saying, “the Committee judges that the case for an increase in the federal funds rate has continued to strengthen.” Activity in the UK service sector jumped last month with the PMI rising to 54.5, the highest reading since March, as the… Read more »

Dubbo sale 3 Nov 2016: Feedlots fill up at Dubbo

Numbers remained very similar for a yarding of 4515. It was another good quality yarding with a good selection of prime conditioned cattle in all sections with some particularly good lines of heavy weight cows and grown steers The quality of the young cattle though was not quite to the previous standards despite the great… Read more »

APVMA approves crop-top herbicide for barley

Image: Barley Australia TIMELY approval has been granted by Australia’s farm chemicals regulator for a specific herbicide use on mature crops of feed barley as an aid to harvest. Clearance sought by Grain Producers Australia (GPA) for variation of label permit was granted yesterday afternoon by the Australian Pesticides and Veterinary Medicines Authority (APVMA). Approval… Read more »

Dung beetles could one day wipe out parasitic worm populations

The humble dung beetle could win the war against parasitic worms.Twenty years ago a trial found that even in small numbers, the beetles reduced worm populations in cattle, horses and sheep, and since then their numbers have grown.Dr Bernard Doube from Dung Beetle Solutions said he believed the insects could wipe out… Read more »

Do we have the wheels to move this massive crop?

An estimated 46 million tonnes of wheat, barley, canola and chickpeas – possibly an all-time record winter crop – is due to be harvested across Australia in the next two months. The massive winter crop harvest now underway will be a serious test of Australia’s transport logistics, particularly with the later than usual start to… Read more »

Welsh MP is confident about Australian lamb’s cost, quality and traceability

MLA international business manager for Europe & Russia Josh Anderson, left, with Welsh MEP Derek Vaughan, SCA president Jeff Murray and SCA CEO Kathleen Giles. AUSTRALIAN lamb could complement the United Kingdom’s domestic supplies, a visiting member of the European Parliament told sheep meat industry leaders today. Welsh MEP Derek Vaughan told the Sheepmeat Council of… Read more »

October beef exports follow familiar pattern, as supply constraints continue to bite

October beef export statistics released yesterday follow a pattern familiar to the industry throughout 2016, with dramatic year-on-year contrasts in volume to most export customer countries. Trade to all export destinations last month reached just 72,607 tonnes, a 29 percent decline from last year’s frenetic drought-fuelled pace, when exports for the same period topped 102,800t…. Read more »

Elders China head provides reality check for export trade aspirants

Elder China’s Craig Aldous, with interpreter, addresses last week’s TSBE Access China conference in Shanghai ELDERS China head Craig Aldous provided a sobering reality check for TSBE Access China participants hoping to make a start to export business while in Shanghai for last week’s trade mission. Shanghai-based Mr Aldous has lived permanently in China since… Read more »

Qurban (Korban): The Muslim festival of Sacrifice

The Indonesian festival of Qurban was celebrated on the 12th of September this year. This is not only a very important religious festival but also has an enormous impact on the domestic supply of cattle, sheep and goats. Official figures from the Government of Indonesia record that during the previous annual Qurban, slaughter numbers for… Read more »

XE Market Analysis: Asia – Nov 02, 2016

The dollar was on a softer footing through the N.Y. session on Wednesday, with U.S. election uncertainty keeping risk taking levels under pressure. The greenback steadied ahead of the Fed, though edged lower after the FOMC announcement, which revealed few surprises. The statement said the case for a rate hike has continued to strengthen, though… Read more »

ACCC voices concern about proposed Dow-DuPont merger

The Australian Competition and Consumer Commission has expressed concern about the effect a proposed merger between The Dow Chemical Company (Dow) and E.l. Du Pont de Nemours and Company (DuPont) could have on competition for crop protection products. “The ACCC is concerned about the effect that the proposed merger may have on competition for a… Read more »

New partnership for grain innovation and nutrition groups

An example of GLNC grain nutrition information THE Australian Export Grains Innovation Centre (AEGIC) has become a Foundation Contributor of the Grains & Legumes Nutritional Council (GLNC), Australia’s independent authority on the nutrition and health benefits of grains and legumes. AEGIC Chair Terry Enright said both the AEGIC and GLNC Boards agreed that the new… Read more »

Dollar Falls as Trump Rises

OVERVIEW The latest polls are showing Trump gaining ground, causing the safe-haven Yen and Swiss Franc to rise as investors worry about the prospect of him becoming president.  The New Zealand Dollar hit a two-week high and is up one percentage point against the US Dollar after unemployment dropped to 4.9%, its lowest in almost… Read more »

Houses, cars, and rents point to consumer under pressure

The two biggest expenses for most consumers are shelter and transportation.  Prior to a recession, typically the first sector to pull back is housing (more than a year before the onset of a turndown), and subsequently car and truck purchases (about 6 months before the t urndown). This year both housing (with the exception of… Read more »

WA beef industry seeks to learn from other ag supply chains

A study commissioned by Western Australia’s Department of Agriculture and Food’s Northern Beef Futures project, has examined future supply chain models to grow the State’s beef industry. A presention by Ernst and Young to this week’s Kimberley Economic Development Forum looked at common factors that have been critical to the success of several global agrifood industry… Read more »

Weekly property review: Rain brings more sales to the North Qld market

Inkerman Station, 16,700ha of breeding and growing country near Home Hill, south of Townsville, made $11.125m recently UNSEASONALLY early rain has resulted in a high number of sale negotiations and contracts in the North Queensland grazing property market recently. Herron Todd White North Queensland director and valuer Roger Hill said the normal selling period in… Read more »

Technology: Smart tattoos to pick up stress, pregnancy status in livestock

TECHNOLOGY development company Xinova has signed a multi-million-dollar deal with Meat & Livestock Australia to help it find solutions and solve complex problems faced by the livestock industry. Xinova, which was recently spun out of Intellectual Ventures, brings together a network of 10,000 experts from more than 100 research institutes, universities and companies with diverse… Read more »

Neighbour checks 'crucial' to farmer wellbeing in the bush

A central Queensland grain grower is urging people to be aware of the warning signs of mental health issues in the community around them. Luke Bradley said while some growers could be having the season of their dreams, others are struggling with the stress and disappointment caused by a range of factors like… Read more »

China’s cold chain challenges still a long way from resolution

Beef Central’s Jon Condon has just returned from five days in Shanghai, as one of the participants in the successful Toowoomba and Surat Basin Enterprise Access China trade mission. Here are his impressions from a series of site visits about China’s challenge in the area of cold chain management… THE vibrant Chinese business mecca of… Read more »

What will more lambs shorn in northern Victoria and NSW mean for the rest?

Shorn Poll Dorset cross lambs at Cootamundra, NSW. LAMB production and seasonal dynamics are pointing to a big summer turn-off of heavy lambs in central and northern Victoria, and in New South Wales, possibly after the spring-early summer flush of lambs from southern Victoria and south-east South Australia. Strong rain-driven pasture growth and cheaper grain… Read more »

Wool Exchange Portal group to make final ‘go or no go’ decision next week

AUSTRALIAN Wool Innovation’s Wool Exchange Portal working group will decide next Monday if the industry should pursue creation of the online marketing platform. WEP working group chairman Will Wilson confirmed the group’s members would decide at a meeting in Sydney on Monday whether to recommend AWI pursue the Wool Selling System’s Review recommendation to establish… Read more »

Wet weather helps AuctionsPlus to record October sheep numbers

WET weather and flooding has contributed to a record online AuctionsPlus sheep and lamb offering in October. AuctionsPlus recorded a monthly throughput in October of 292,945 commercial sheep and lambs or 295,338 including stud stock, boosting the year-to-date online numbers by 7 percent above the same period last year to 805,000 commercial sheep, or 811,000 with stud… Read more »

Rural customers help Zoetis donate $100,000 to beyondblue programs

Zoetis general manager Lance Williams hands over the $100,000 cheque to beyondblue chairman Jeff Kennett. LEADING animal health company Zoetis has donated $100,000 to the non-profit body beyondblue to support mental health and reduce suicide rates in rural Australia. Earlier this year Zoetis became a Supporting Partner of beyondblue and launched a campaign to help… Read more »

Meat-eating lorikeet study changes what scientists knew about the birds

A study into meat-eating rainbow lorikeets has shown the phenomenon occurs Australia-wide among captive and wild birds, confounding experts.Last year, the ABC reported that rainbow lorikeets were eating meat from a bird feeder on a property at Elimbah, north of Brisbane.Griffith University Professor of Ecology Darryl Jones thought the rainbow lorikeets at… Read more »

XE Market Analysis: Asia – Nov 01, 2016

The dollar was lower versus the euro, yen and CHF on N.Y. trade on Tuesday, with risk-off conditions building into the FOMC announcement on Wednesday, and uncertainty over the U.S. election next Tuesday. Market dear indicators moved sharply, with the VIX index up better than 10%, and USD-MXN up sharply to one-month highs on Trump… Read more »

Ripping into subsoil acidity

NSW DPI principal research scientist and project leader, Dr Guangdi Li, said this field trial is exploring novel treatments to address the effects of subsoil acidity.  In its first year researchers are seeing clear responses to deep placement of lime and organic soil amendments. A new long-term experiment to investigate how innovative technology can address… Read more »

Roma store 1 Nov 2016: Buyers more selective

Yarding 5900 Change 100 Yarding numbers only rose slightly from the previous sale. The quality of store cattle penned was plain and all the usual buyers were operating. Feedlot buyers continued to be more selective when purchasing, while increased buyer interest in plain steers lifted D muscled light weight steer prices. Light and medium weight… Read more »

Property: First Cobbora coal project farming/grazing holdings to hit the market

Cattle on Cobbora’s Avondale aggregation, a mixed farming and grazing operation totalling 3239ha, making it one of the largest landholdings in the region. SOME of the first farming and grazing properties secured earlier by the NSW State Government under the now-abandoned Cobbora Coal Project will start to filter onto the market next month. Almost 44,000… Read more »