Month: February 2017

XE Market Analysis: North America – Feb 28, 2017

The dollar has been trading mixed so far today, net steady versus the euro, sterling and dollar bloc currencies, but down versus the yen, which outperformed as markets hunkered down ahead of Trump’s State of the Union address today. Markets are wanting detail on tax, spending and regulation plans, and of particular interest to forex… Read more »

Weekly genetics review: Black Taurindicus having an impact in the north

This week’s genetics review is the second part of our two-part series, looking at the impact that black-coated breeds are having across the beef industry. Last week’s column looked at the state of play in southern Australia, while this week the focus is on the north…. The post Weekly genetics review: Black Taurindicus having an… Read more »

XE Market Analysis: Europe – Feb 28, 2017

The dollar has been trading mixed so far today, net steady versus the euro and dollar bloc currencies, down modestly against the yen and up moderately versus the still-underperforming pound. Markets are hunkered down ahead of Trump’s State of the Union address today, with investors looking risk appetite was mixed in Asia, with markets waiting… Read more »

Practical biosecurity hints when bringing home purchased cattle

By far the greatest threat of introducing disease is the purchase of cattle, especially during high-transfer periods like bull buying season. Which diseases are important to you will depend upon your operation, the availability of low-risk cattle and the market you are supplying. The post Practical biosecurity hints when bringing home purchased cattle appeared first… Read more »

WA farmers warned of increased worm risk in sheep after heavy rain

Sheep producers across WA are urged to monitor signs of increased worm burden in their flocks, following unseasonal downpours across large parts of the state earlier this month. Source: ABC Livestock WA farmers warned of increased worm risk in sheep after heavy rain

National chemical regulator sheds staff as relocation looms

One in five regulatory scientists has quit and new offices will have to be built as the APVMA forges ahead with relocation. Source: ABC Livestock National chemical regulator sheds staff as relocation looms

GRDC embarks of process of transformation

The Grains Research and Development Corporation (GRDC) has embarked on a process of transformation with a focus on greater transparency, targeted investment and increased stakeholder engagement. The post GRDC embarks of process of transformation appeared first on Grain Central. Source: Grain Central GRDC embarks of process of transformation

Four sheep shearers plead guilty to cruelty charges in Horsham court

FOUR sheep shearers pleaded guilty to multiple animal cruelty charges in the Horsham Magistrates Court yesterday. The post Four sheep shearers plead guilty to cruelty charges in Horsham court appeared first on Sheep Central. Source: Sheep Central Four sheep shearers plead guilty to cruelty charges in Horsham court

National Success for the Bondfields

Prue and David Bondfield toasting their victory

Riverina is very happy to be able to congratulate our longstanding customers Prue and David Bondfield on their recent success at The Weekly Times Coles 2016 Farmer of the Year awards. They were presented their awards at a gala event at the RACV Club in Melbourne on the 17th February 2017. The Bondfields run one of Australia’s largest… Read more »

Pre-export feeding programs could gain momentum for heavier Indo market

Greater adoption of pre-export feeding of cattle is a prospect already being discussed in the wake of Indonesia’s decision last week to lift livestock weight limits to 450kg maximum average weight, per consignment. The post Pre-export feeding programs could gain momentum for heavier Indo market appeared first on Beef Central. Source: Beef Central Pre-export… Read more »

NT cell grazing pilot project leads to study tour

A Northern Territory cattle station manager’s interest in exploring the potential to use cell grazing in Australia’s extensive northern zone has led to an opportunity to travel overseas to research the topic. The post NT cell grazing pilot project leads to study tour appeared first on Beef Central. Source: Beef Central NT cell grazing… Read more »

Indo weight limit relaxation raises competitive tension between livex, processors

A greater level of competitive tension between live exporters and beef processor cattle buyers is inevitable, following last week’s announcement that Indonesia will relax its current weight limits on live export cattle by an additional 100kg liveweight. The post Indo weight limit relaxation raises competitive tension between livex, processors appeared first on Beef Central. … Read more »

Young Tasmanians learn ropes at beef expo

A new era in cattle showing begins in Tasmania with the inaugural Tasmanian Junior Beef Expo. Source: ABC Beef Cattle Young Tasmanians learn ropes at beef expo

Goat producers buy into new welfare standards and guidelines

GOAT producers are flocking to get a copy of their industry’s welfare standards and guidelines. Since being launched in July last year, about 40 copies of the Australian Industry Welfare Standards and Guidelines for Goats have been mailed to breeders. The post Goat producers buy into new welfare standards and guidelines appeared first on Sheep… Read more »

So Far, Trump's Proposed Budget Is a Zero Sum Game

     The following three charts are based on date from the Congressional Budget Office.  All three show various metrics of U.S. defense spending. Source: XE news feed So Far, Trump’s Proposed Budget Is a Zero Sum Game

XE Market Analysis: Asia – Feb 27, 2017

FX trade was relatively calm in N.Y. on Monday, with the dollar mixed, and inside of relatively narrow bands overall. EUR-USD posted six-session highs of 1.0644 before fading back under the figure, while USD-JPY briefly dipped under 1.1200 before rallying to near 112.60 on firmer yields and prospects for U.S. fiscal stimulus. USD-CAD was buoyed… Read more »

High cattle prices impact Wellard’s half year results

Australia’s largest livestock exporter Wellard Ltd has reported an underlying EBITDA loss of $1.3 million and a statutory net loss of $17.9m for the six months ended 31 December 2016. The post High cattle prices impact Wellard’s half year results appeared first on Beef Central. Source: Beef Central High cattle prices impact Wellard’s half… Read more »

XE Market Analysis: Pound Falls on Risk of Scottish Referendum

OVERVIEW U.S. durable goods orders rose 1.8% as expected last month. New orders for U.S.-made capital goods however, unexpectedly fell. Eurozone economic sentiment edged up 0.1 points as expected to 108 in February due to increased optimism in the industry and service sectors. Germany’s deputy finance minister reiterated the government’s opposition to debt relief for… Read more »

Sentinel herd to be established in Timor-Leste

A small herd of cattle will play an important frontline role in helping to improve Australia’s protection from Foot and Mouth Disease and other serious biosecurity threats. The post Sentinel herd to be established in Timor-Leste appeared first on Beef Central. Source: Beef Central Sentinel herd to be established in Timor-Leste

Wagga sale 27 Feb 2017: Deteriorating feed pushes cattle forward

Price results tended to be mixed, reflecting supplies and the mixed quality on offer. The post Wagga sale 27 Feb 2017: Deteriorating feed pushes cattle forward appeared first on Beef Central. Source: Beef Central Wagga sale 27 Feb 2017: Deteriorating feed pushes cattle forward

XE Market Analysis: North America – Feb 27, 2017

The dollar has traded steady-to-mixed in early-week trade. Markets are hunkered down into Trump address before Congress tomorrow, which comes with investors wanting more detail on his tax cut intentions and regulatory reforms while harbouring some concerns about the prospects for protectionism. EUR-USD lifted modestly, to the upper 1.05s, but remained left 1.0600 and Friday’s… Read more »

XE Market Analysis: Europe – Feb 27, 2017

The yen has seen a safe haven bid in early-week trade as risk aversion reappeared in Asian markets, despite the Dow clocking another record high on Friday. The strength in the yen itself had the usual secondary impact of exacerbating the bearish mood on the Japanese stock exchange, driving an underperforming a 0.9% Nikkei 225… Read more »

Goat meat industry gets set to forecast its future with NSW research

AUSTRALIA’S goat meat industry will make a concerted effort to forecast its annual production for the first time this year, as part of research to generate accurate supply data and predictions. The post Goat meat industry gets set to forecast its future with NSW research appeared first on Sheep Central. Source: Sheep Central Goat… Read more »

Indonesia confirms rise in livex weights to 450kg shipment average

Months of behind-the-scenes work by Australian livestock export industry representatives has helped to bring about a significant change in Indonesian cattle import policies. The Indonesian Government has formally agreed to increase cattle import weight limits from a 350kg average to a 450kg “maximum average” per shipment. The post Indonesia confirms rise in livex weights to… Read more »

Ag minister to spruik Victoria’s sheep EID move at Dubai trade show

VICTORIA’S decision to mandate electronic sheep and goat identification will be used to promote the state’s sheep meat products at the world’s largest annual food and hospitality trade show in Dubai. The post Ag minister to spruik Victoria’s sheep EID move at Dubai trade show appeared first on Sheep Central. Source: Sheep Central Ag… Read more »

Latest Australian wool products showcased in Europe and US

AUSTRALIAN wool has shown its versatility to hundreds of thousands of textile manufacturers, retailers and designers and consumers at recent key global trade events in the northern hemisphere. The post Latest Australian wool products showcased in Europe and US appeared first on Sheep Central. Source: Sheep Central Latest Australian wool products showcased in Europe… Read more »

Unseasonal rain prompts worm and flystrike warnings for WA producers

WESTERN Australian sheep producers have been urged to drench all their sheep now and monitor flocks for flystrike after heavy falls of unseasonal rain across the state in recent weeks. The post Unseasonal rain prompts worm and flystrike warnings for WA producers appeared first on Sheep Central. Source: Sheep Central Unseasonal rain prompts worm… Read more »

Can you use ‘A Leg Up’ through a new mentoring project?

NEW agricultural industry mentoring program ‘A Leg Up’ is looking for people willing to work on its steering committee, act as mentors or who are interested in being mentored. The post Can you use ‘A Leg Up’ through a new mentoring project? appeared first on Sheep Central. Source: Sheep Central Can you use ‘A… Read more »

Dunedoo fire recovery underway thanks to Blazeaid

Rebuilding of the infrastructure on farms in western New South Wales devastated by bushfire has started with the help of BlazeAid. Source: ABC Livestock Dunedoo fire recovery underway thanks to Blazeaid

Tri-Solfen recognised as best new food animal product in Animal Pharm awards

AUSTRALIA’s main mulesing pain relief product Tri-Solfen has been recognised as the best new food animal product in the annual Animal Pharm awards. The post Tri-Solfen recognised as best new food animal product in Animal Pharm awards appeared first on Sheep Central. Source: Sheep Central Tri-Solfen recognised as best new food animal product in… Read more »

Greyhounds in love among hundreds adopted in RSPCA campaign

Hundreds of animals are adopted into new families over the weekend in a state-wide promotion by the RSPCA which sold animals for $29 over three days. Source: ABC Livestock Greyhounds in love among hundreds adopted in RSPCA campaign

Augathella grazier facing stock theft charges

A grazier from Augathella in Queensland’s Central West is facing multiple charges following an investigation by detectives from the Stock and Rural Crime Investigation Squad. The post Augathella grazier facing stock theft charges appeared first on Beef Central. Source: Beef Central Augathella grazier facing stock theft charges

Livestock industry needs foreign investment: Greg Cross

Fletcher’s International Exports general manager Greg Cross says foreign investment is the answer to stop falling numbers in Australia’s livestock industry. Source: ABC Beef Cattle Livestock industry needs foreign investment: Greg Cross

Stock Squad rejects rumours its focus is shifting

The head of Queensland’s specialist police stock squad has moved to dispel rumours his team’s focus is shifting away from stock and rural crime investigations. The post Stock Squad rejects rumours its focus is shifting appeared first on Beef Central. Source: Beef Central Stock Squad rejects rumours its focus is shifting

Soils scientist receives GRDC western Seed of Light award

Department of Agriculture and Food Western Australia (DAFWA) research officer Stephen Davies has won the 2017 Grains Research and Development Corporation (GRDC) western region Seed of Light award. The post Soils scientist receives GRDC western Seed of Light award appeared first on Grain Central. Source: Grain Central Soils scientist receives GRDC western Seed of… Read more »

CPC’s annual management muster salutes leadership and excellence + photos

Managers and senior staff from Consolidated Pastoral Co’s 20 cattle properties across northern WA, the NT and Qld gathered in Brisbane last week for their annual conference. A two-day day program featured guest speakers and a rare chance to interact face-to-face with fellow staffmembers – both from head-office and across the stations. The post CPC’s… Read more »

International Economic Week in Review: More Expansion Coming

     It’s been a difficult few years for trade deals. First came Brexit, which was a surprising rebuke to the EU, and then came Trump’s election, which was partially based on a rejection of most U.S. trade deals.  However, the negative impact of trade deals has been overblown.  Consider the following from Larry Summers: … Read more »

US Equity and Economic Review: The Fundamentals Support Current Market Valuations

     There are numerous factors that support the stock market: psychology, the overall size of the population, the national and international political environment and domestic policy, just to name a few.  But perhaps the economic fundamentals are the most important.  With the market making a series of new highs, it seems an appropriate time to… Read more »

US Bond Market Week in Review: Yes, a Downside Does Exist

     Several Fed governors spoke this week.  President Harker wouldn’t take rate hikes off the table.  President Powell agreed.  But doves still exist.  Fed President Williams, whose comments were based on recent SF Fed research, argued low rates would be with us for some time.  Hence, there was little need to raise rates.  Fed President… Read more »

Weekly Indicators: short leading indicators surge further, but one more long leading indicator close to neutral

University of Michigan sentiment for February declined slightly, on the back of a significant decline as to expectations for the future.  January existing home sales increased to a near 10 year high.  New home sales also increased, but remained significantly below their post recession high from half a year ago. Source: XE news feed … Read more »

Dry conditions having impact in larger AuctionsPlus offering

This week’s AuctionsPlus sales showed clear evidence of cattle hitting the market due to seasonal conditions, especially out of very dry areas like Central Qld. A scattering of larger offerings helped boost numbers, with a catalogue of 8619 head, a rise of 13pc on the previous week. The post Dry conditions having impact in larger… Read more »

Aussie dollar surges to ten-month high

The Aussie dollar surged to a ten-month high yesterday, climbing above US77.4c for a period in trading, before consolidating around US77.17c. The new high extends a strong US5c rise seen since the beginning of the year, creating additional headwinds for beef exports. The post Aussie dollar surges to ten-month high appeared first on Beef Central. … Read more »

XE Market Analysis: Asia – Feb 24, 2017

The dollar rallied across the board in early morning trade, seemingly led by a sell-off in cable and EUR-USD. The former dropped to intra day lows of 1.2483, coming from 1.2565 into the open, while the latter fell from 1.0617 to 1.0566. There was no specific news linked to the move, though a one-off cable… Read more »

XE Market Analysis: Japanese Yen Rises as Market Sentiment Sours

OVERVIEW Stock markets are down over one percentage point across Europe, and the Japanese Yen is higher, as investors question the ability of Donald Trump’s administration to significantly boost economic growth. Canadian inflation jumped more than expected in January, due largely to a 20% rise in gasoline prices. U.S. consumer sentiment rose back to its… Read more »

The housing market: awaiting the turn from interest rates

With new home sales reported this morning, we have a good picture of the housing market through January.  To refresh on a couple of points, the general order in which the housing market trends is:   1. interest rates turn Source: XE news feed The housing market: awaiting the turn from interest rates

XE Market Analysis: North America – Feb 24, 2017

The dollar lost ground to the euro and more especially the yen, which was bid amid a safe haven play in global markets, though the greenback poste gains versus some currencies, including the Australian dollar and, to a lesser extent, the pound. Data and other fresh leads were thin today. USD-JPY ebbed to a 15-day… Read more »

XE Market Analysis: Europe – Feb 24, 2017

The dollar has been in consolidation during the Asian session. USD-JPY has settled in the upper 112s, consolidating above yesterday’s two-week low at 112.55. The yen has traded weaker today after rallying on a safe-haven bid yesterday following the comments from new U.S. Treasury Secretary Mnuchin, which inspired some selling on Wall Street. Mnuchin had… Read more »

Women of Lotfeeding host black-tie event

Following on from the success of its inaugural event at Jimbour House last year, the Women of Lotfeeding group is hosting a gala knees-up at the Jondaryan Woolshed on Queensland’s Darling Downs next month. The post Women of Lotfeeding host black-tie event appeared first on Beef Central. Source: Beef Central Women of Lotfeeding host… Read more »

Chasing lucrative stud male alpaca export market

While the export alpaca market has largely been about the fleece and more recently meat one central Victorian breeder is focusing on exporting genetics. Source: ABC Livestock Chasing lucrative stud male alpaca export market

Bumper harvest set to give GrainCorp three-fold profit windfall

Australia’s record winter crop harvest is set to lift profits for eastern seaboard grain handler, GrainCorp, by $53 million to between $130 and $160 million for the 2016-17 financial year despite a slump in global wheat prices, according to preliminary results released at the company’s annual general meeting today. The post Bumper harvest set to… Read more »

Meat processors call for feasibility study of objective carcase technology

Meat processors say the rollout of new objective carcase measurement technology needs to stop until the commercial benefits to industry are clear, and a feasibility study is complete. Source: ABC Beef Cattle Meat processors call for feasibility study of objective carcase technology

‘We’re killing too many people, and it has to stop’

While other industries such as mining have dramatically lowered their workplace accident rates – proving that safety is a problem than can be fixed – agriculture’s rate of improvement lags well behind all others. The post ‘We’re killing too many people, and it has to stop’ appeared first on Beef Central. Source: Beef Central … Read more »

JBS Australia’s Longford lamb processing to shut down for four weeks

LAMB processing will cease at JBS Australia’s Longford plant in northern Tasmania for at least four weeks from next week as tight supplies and high prices cut processor margins across Australia. The post JBS Australia’s Longford lamb processing to shut down for four weeks appeared first on Sheep Central. Source: Sheep Central JBS Australia’s… Read more »

Processor bodies commission independent study into carcase measurement technology

Red meat processor bodies have launched an independent review into the introduction of objective carcase measurement technology, and its application in the red meat processing industry. The post Processor bodies commission independent study into carcase measurement technology appeared first on Beef Central. Source: Beef Central Processor bodies commission independent study into carcase measurement technology

Sheepmeat body notes processor reaction to $150m MLA plan

AUSTRALIA’S leading sheep meat producer body is closely monitoring the rejection by processors of Meat & Livestock Australia’s initial plan to fast-track objective carcase measurement into abattoirs across the nation. The post Sheepmeat body notes processor reaction to $150m MLA plan appeared first on Sheep Central. Source: Sheep Central Sheepmeat body notes processor reaction… Read more »

JBS shuts Longford lamb operations for a month

JBS Australia will shut lamb production at its Longford, TAS plant for at least four weeks from next week as tight supplies and high prices cut red meat processor margins across Australia. It’s been a recurring theme in both beef and lamb processing operations in the recent past. The post JBS shuts Longford lamb operations… Read more »

Wool prices climb higher with new orders as supply tightens

SOLID demand boosted by new business continued to push Merino and crossbred wool prices higher at auctions this week. The post Wool prices climb higher with new orders as supply tightens appeared first on Sheep Central. Source: Sheep Central Wool prices climb higher with new orders as supply tightens

Abattoir accused of 'poor form' as workers stood down again

The Meatworkers Union slams a northern Tasmanian abattoir run by JBS Australia for standing down workers for a second time in six months. Source: ABC Livestock Abattoir accused of ‘poor form’ as workers stood down again

Recruitment: Staff retention should be top of managers’ priority list

The majority of Australian business managers are putting staff acquisition, staff retention and professional development for their staff at the top of their priority list for 2017, a recent survey has shown. Here’s eight areas that people managers across agriculture can focus on to achieve it. The post Recruitment: Staff retention should be top of… Read more »

Top End cattle yards trial feedlot

A Top End cattle yard is running a feedlot trial to fatten cattle before sale, a practice rarely seen in the Northern Territory. Source: ABC Beef Cattle Top End cattle yards trial feedlot

Is cloning the future of cattle breeding?

Graziers in central Queensland have taken the step of cloning a prize heifer, moving the technology from the lab into the paddock. Source: ABC Livestock Is cloning the future of cattle breeding?

XE Market Analysis: Asia – Feb 23, 2017

The dollar pulled back during the CNBC interview with new Treasury Secretary Mnuchin ahead of the N.Y. open on Thursday. He gave few detail on taxes, and perhaps won’t for some time, with the secretary aiming at an August implementation of tax reform. He did not rule out a border tax, and revealed some concern… Read more »

Angus Hobson appointed new SAMRC Chair

Southern New South Wales livestock producer Angus Hobson has been appointed Chair of the Southern Australia Meat Research Council (SAMRC) and will take over the role from retiring Chair, Ralph Shannon, in April. The post Angus Hobson appointed new SAMRC Chair appeared first on Beef Central. Source: Beef Central Angus Hobson appointed new SAMRC… Read more »

XE Market Analysis: Fed Minutes Point to a Rate Hike "Fairly Soon"

OVERVIEW ECB board members once again voiced support for their ultra-accommodative monetary policy, saying underlying inflation remains weak, and political uncertainty represents a downside risk to growth. The U.S. housing market strengthened further in January as existing home sales rose 3.3%, hitting a 10-year high as buyers shrugged off higher prices and mortgage rates.  … Read more »

Dubbo sale 23 Feb 2017: Feeder market eases

Not all the regular buyers were in attendance with the absence of some major feeder orders creating a cheaper market for the feeders which also flowed on to the trade market. The post Dubbo sale 23 Feb 2017: Feeder market eases appeared first on Beef Central. Source: Beef Central Dubbo sale 23 Feb 2017:… Read more »

XE Market Analysis: North America – Feb 23, 2017

The dollar has been in consolidation mode so far today. EUR-USD posted little more than a 20 pip range in London AM trading, holding in the mid 1.05s, consolidating yesterday’s rebound gains from a low at 1.0493. The narrowing in in the Franco-German sovereign debt yield spread over the last day has helped keep the… Read more »

XE Market Analysis: Europe – Feb 23, 2017

The dollar has consolidated post-FOMC minutes losses, which didn’t show any heightened risk for a March rate hike, and saw implied rates dip as some insurance for a more hawkish tone had been priced in. Risk for action next month fell to about 18% in Fed funds futures, versus about 25% to 30% last week… Read more »

Graziers collaborate to reduce runoff

Graziers help shape land management project in reef catchment first. Source: ABC Beef Cattle Graziers collaborate to reduce runoff

Was October 2016 the EYCI’s tipping point?

THE Eastern Young Cattle Indicator spent almost ten weeks from August to October in uncharted territory in 2016, when it was above 700¢/kg carcase weight. Since then, however, the market has been in a general decline, despite the ongoing short cattle availability. The post Was October 2016 the EYCI’s tipping point? appeared first on Beef… Read more »

Indonesia increases weight limit for imported Aussie cattle

The Indonesian Government has signed off on changes to increase the average weight limit of cattle imported from Australia. Source: ABC Beef Cattle Indonesia increases weight limit for imported Aussie cattle

Defence masterplan guarantees no forced land buybacks

Defence has scaled back its plans to expand military training bases in central and north Queensland, promising in its masterplan not to force any landholder to sell their property. Source: ABC Beef Cattle Defence masterplan guarantees no forced land buybacks

Support growing for petition against MLA’s Mardi Gras lamb promotion

MEAT & Livestock Australia’s ‘We Love Our Lamb’ brand sponsorship with the Sydney Gay and Lesbian Mardi Gras is under attack from members of the LGBTQ community just days after it was launched. The post Support growing for petition against MLA’s Mardi Gras lamb promotion appeared first on Sheep Central. Source: Sheep Central Support… Read more »

Seasonal climate outlook Mar-May 2017

March is likely to be drier than average across most of Australia, according to the Bureau of Meteorology’s seasonal climate outlook statement released this morning. The post Seasonal climate outlook Mar-May 2017 appeared first on Beef Central. Source: Beef Central Seasonal climate outlook Mar-May 2017

Processors reject MLA’s objective carcase measurement proposal – in its current form

Red meat processors remain unconvinced that MLA’s ambitious objective carcase measurement project in its current form justifies industry-wide investment, identifying a long list of “conceptual, methodological, and policy-related deficiencies” in the proposal. The post Processors reject MLA’s objective carcase measurement proposal – in its current form appeared first on Beef Central. Source: Beef Central … Read more »

WA goes its own way on BJD

Moves to achieve a single, national, uniform approach to managing Johne’s Disease across the Australian beef cattle industry have run into a road block, with Western Australia confirming today it will not adopt the national framework accepted by other States last year. The post WA goes its own way on BJD appeared first on Beef… Read more »

WA sheep producer is fined $1200 in traceability enforcement case

A WESTERN Australian sheep producer has been fined $1200 for failing to comply with traceability requirements. The post WA sheep producer is fined $1200 in traceability enforcement case appeared first on Sheep Central. Source: Sheep Central WA sheep producer is fined 00 in traceability enforcement case

Angus breeders head to Ballarat for 2017 national conference

Angus Australia has put together a first class speaking program for its 2017 national conference in Ballarat, Victoria in May. The post Angus breeders head to Ballarat for 2017 national conference appeared first on Beef Central. Source: Beef Central Angus breeders head to Ballarat for 2017 national conference

WA introduces new border controls for managing BJD

Western Australia has introduced new border controls aimed at protecting the state’s cattle herd from bovine Johne’s disease. Source: ABC Livestock WA introduces new border controls for managing BJD

XE Market Analysis: Asia – Feb 22, 2017

The dollar was mostly higher in N.Y. trade on Wednesday, though did lose ground to the euro. EUR-USD rallied on headlines that French Centrist Bayrou will bow out of the election and back Independent Macron, giving him a better chance of defeating nationalist Le Pen. The pairing bounced from near 1.0500 to highs of 1.0565… Read more »

XE Market Analysis: Major FX Remains Calm for Now

OVERVIEW UK GDP growth in the fourth quarter rose at a faster pace than originally reported, rising 0.7%, the fastest pace in a year. Germany’s IFO survey showed business morale improved unexpectedly in February, with the index rising to 111.0.  Bank of Japan Governor, Haruhiko Kuroda, said they are unlikely to cut interest rates further… Read more »

XE Market Analysis: North America – Feb 22, 2017

EUR-JPY and GBP-JPY are the biggest movers on the day so far, both about a 0.8% decline on the day, as of the early European PM session. Frexit concerns are driving the move, with currency markets and the Franco-German yield spread bearing the brunt as equity markets remain pretty bid despite the potential existential threat… Read more »

Sausage Kings national winners in photos

Sausage Kings National winners in photos The humble sausage took centre stage in Hobart on Saturday night as independent butchers from across Australia gathered for the national finals of the ever-popular National Sausage Kings competition, convened by the Australian Meat Industry Council. Here are the winners and place-getters in pictures. The post Sausage Kings national… Read more »

Weekly Property Review – The view from the top

Three of Australia’s largest and longest-established national rural property marketing networks have made senior management appointments recently. For this week’s property review, we’ve taken the opportunity to engage with all three, seeking their views about competition in the cattle property market space, the opportunities that lie ahead, and potential growth. The post Weekly Property Review… Read more »

XE Market Analysis: Europe – Feb 22, 2017

The dollar has been trading so far today, advancing against the euro into the London open while showing a more net indifferent profile versus other currencies. The euro has come under fresh pressure. EUR-USD has breached last Wednesday’s low at 1.0521 and logged a six-week low at 1.0519. EUR–JPY is also lower, trading at 12-day… Read more »

Live exports, hospital funding and Muslim votes on the election trail today

Money was at the heart of a lot of the debate on the WA election hustings today, with barbs traded over hospital funding, the sale of Western Power and the spending of taxpayers’ money in general. Source: ABC Livestock Live exports, hospital funding and Muslim votes on the election trail today

NBN Co satellite internet installation gets off track

A cattle producer says a NBN satellite internet installer struggled to find her property using a helicopter, despite having GPS coordinates. Source: ABC Beef Cattle NBN Co satellite internet installation gets off track

Uncertainty surrounds impact from new Chinese rules on currency transfers

It’s not yet clear whether recent Chinese regulatory changes over international monetary transfers will have any short or longer-term impact on foreign investment in the Australian cattle property sector. The post Uncertainty surrounds impact from new Chinese rules on currency transfers appeared first on Beef Central. Source: Beef Central Uncertainty surrounds impact from new… Read more »

US nabs 15,000t Korean retail account, as Aussie beef tagged ‘uncompetitive’

In another clear sign of the sagging price competitiveness of Australian export beef on the international stage, Korean retail giant Costco has shifted allegiance to US beef, after being supplied by Australia for the past decade or more. The deal will see all of Costco’s beef requirements sourced out of the US, amounting to 15,000… Read more »

Graincorp’s $41m boost to get grain back on track in Qld

Eastern seaboard grain handler, GrainCorp, has called on the Queensland Government to co-contribute $11 million towards a $52 million project to build two new grain handling facilities and upgrade the rail network in southern and central Queensland. The post Graincorp’s $41m boost to get grain back on track in Qld appeared first on Grain Central. … Read more »

Barnaby Joyce says he responded swiftly to prawn disease

The Federal Government has rejected claims Australia’s biosecurity protections are failing on its watch. Source: ABC Livestock Barnaby Joyce says he responded swiftly to prawn disease

Truck rollovers: Is electronic stability control appropriate for livestock transporters?

While the concept of Electronic Stability Control technology sounds great in theory for trucks travelling on the modern highway networks of the Eastern seaboard, how will it work in remote Australia on rough unsealed roads and long-distances from workshops? The post Truck rollovers: Is electronic stability control appropriate for livestock transporters? appeared first on Beef… Read more »

Producer-owned trucks over-represented in accident figures

Trucks owned and operated by livestock producers are over-represented in major heavy vehicle accident data in Australia, according to a soon-to-be-released truck safety survey. The post Producer-owned trucks over-represented in accident figures appeared first on Beef Central. Source: Beef Central Producer-owned trucks over-represented in accident figures

Platform shearing comes to Victoria to resolve heavy sheep issues

NEW South Wales wool grower Grant Burbidge didn’t have a career as a shearing contractor on his agenda. But after shearing his own sheep with upright sheep shearing platforms that’s exactly what he has become to wool growers and sheep meat producers seeking to harvest their clips without relying on conventional shearers. The post Platform… Read more »