Month: February 2017

Slaughter lamb prices surge as saleyard offerings dip

LAMB prices surged in major saleyards his week, with strong domestic and export processor demand for reduced yardings in some big New South Wales and Victorian centres. The post Slaughter lamb prices surge as saleyard offerings dip appeared first on Sheep Central. Source: Sheep Central Slaughter lamb prices surge as saleyard offerings dip

New research shows how petrol retailers push up prices

Big petrol retailers are pushing the price of petrol up by communicating through prices and while this is technically legal, it should be receiving more scrutiny from regulators because it’s what researchers call tacit collusion (also known as price leadership). The post New research shows how petrol retailers push up prices appeared first on Beef… Read more »

Donations sought for Merriwa fire victims as livestock toll is tallied

THE NSW Farmers’ Merriwa Branch has joined forces with the Merriwa Show Society to establish the Merriwa-Sir Ivan Bushfire Appeal to assist affected landholders and residents. The post Donations sought for Merriwa fire victims as livestock toll is tallied appeared first on Sheep Central. Source: Sheep Central Donations sought for Merriwa fire victims as… Read more »

NVLX Wodonga 14 Feb 2017: Slaughter cattle shortage pushes prices higher

The seasonal shortage of quality domestic slaughter cattle gave the market an edge this week, with prices improving by up to 11c/kg at NVLX Wodonga on Tuesday. The post NVLX Wodonga 14 Feb 2017: Slaughter cattle shortage pushes prices higher appeared first on Beef Central. Source: Beef Central NVLX Wodonga 14 Feb 2017: Slaughter… Read more »

Roma store 14 Feb 2017: Yarding feels heat

Prices reduced by a further 10c to 12c/kg on the yearling steers however a large part of this reduction was a direct result of the quality presented. The post Roma store 14 Feb 2017: Yarding feels heat appeared first on Beef Central. Source: Beef Central Roma store 14 Feb 2017: Yarding feels heat

XE Market Analysis: Eurozone Growth Revised Down

OVERVIEW UK inflation accelerated to its fastest pace in 2 in a half years last month due to higher fuel and the fall in the pound, but was below analyst forecasts. Donald Trump’s top security adviser, Michael Flynn, resigned over alleged conversations he had with Russian diplomats prior to Trump’s inauguration. Chinese inflation picked up… Read more »

The consumer fundamentals nowcast

Ultimately I have four separate methods for monitoring the business cycle, which should give concordant signals.   Source: XE news feed The consumer fundamentals nowcast

Weekly rainfall wrap + 14 day outlook, 15 Feb 2017

A wet week for the western half of the continent with rainfall totals between 100mm plus were recorded in the Top End, Darwin-Daly and Arnhem Land areas of the Northern Territory and the Kimberley, Pilbara, South Central and South West Land Division in Western Australia. The post Weekly rainfall wrap + 14 day outlook, 15… Read more »

More than $400,000 in second round of sheep and goat EID transition funding

VICTORIA’S Andrews Labor Government has approved more than $400,000 in the second round of grants under its sheep and goat electronic identification transition program. The post More than $400,000 in second round of sheep and goat EID transition funding appeared first on Sheep Central. Source: Sheep Central More than 0,000 in second round of… Read more »

XE Market Analysis: North America – Feb 14, 2017

The dollar has traded mostly softer so far today, with markets wary ahead of the Senate testimony of the dovish Fed chairwoman Yellen and following the resignation of Trump’s national security adviser. Cable was the exception, as the pound dove 0.5% to 1.2445 following below-forecast CPI data, subsequently steadying, leaving yesterday’s low 1.2440 unchallenged. USD-JPY,… Read more »

XE Market Analysis: Europe – Feb 14, 2017

The dollar is trading at moderately softer levels, despite seeing a flurry of buying just ahead of the London interbank open. USD-JPY has retreated below 113.50 amid a generally firmer yen as the risk-on vibe of yesterday was replaced by a risk-off one today. The sudden resignation of Trump’s national security advisor Flynn, and a… Read more »

Weekly genetics review: $160,000 record reflects momentum in Simmental genetics

A record-breaking $160,000 bid from a leading Queensland Brahman breeder for an 18-month-old South Australian Simmental bull set the 2017 autumn bull selling season alight last week. The post Weekly genetics review: $160,000 record reflects momentum in Simmental genetics appeared first on Beef Central. Source: Beef Central Weekly genetics review: 0,000 record reflects momentum… Read more »

Assessing livestock caught in NSW bushfires gets underway

As primary producers cope with the damage to their bushfire-hit properties in western New South Wales, veterinarians evaluate injured animals. Source: ABC Livestock Assessing livestock caught in NSW bushfires gets underway

Unlocking the genetic secrets of 50 legendary beef bulls

The genes of 50 top beef bulls – some dating back more than half a century – have been sequenced in an effort to understand how genes from temperate cattle have influenced important production traits in the modern Brahman breed. The post Unlocking the genetic secrets of 50 legendary beef bulls appeared first on Beef… Read more »

Flooded WA farmer loses 500 hectares to water

Flooding in Western Australia creates a 500-hectare lake on what was valuable grain growing land on Western Australia’s south coast. Source: ABC Grain Flooded WA farmer loses 500 hectares to water

New protocols for feed efficiency measurement & data submission

The availability of modern ‘GrowSafe’ feed intake measuring equipment has meant changes in the protocols for collection and submission of feed intake measurements for BreedPlan analysis. The post New protocols for feed efficiency measurement & data submission appeared first on Beef Central. Source: Beef Central New protocols for feed efficiency measurement & data submission

Winter crop crosses the finish line on a record high

Australia’s winter crop production for the 2016/17 season hit record highs in all mainland states with an estimated 58.9 million tonnes (Mt) produced nationally, a 49 per cent increase on the previous year. The post Winter crop crosses the finish line on a record high appeared first on Grain Central. Source: Grain Central Winter… Read more »

SE Asia Report: Low-priced Spanish beef adding to flood of supply into Indonesia

One of the most interesting observations for January is the discovery of sales of low-priced frozen beef from Spain in Java, which has been selling strongly since arriving in December 2016. The post SE Asia Report: Low-priced Spanish beef adding to flood of supply into Indonesia appeared first on Beef Central. Source: Beef Central … Read more »

Productivity slowdown challenges cropping sector norms

Productivity growth in the Australian broadacre cropping sector has slowed in the past two decades, challenging growers to find new ways to maintain viability. The post Productivity slowdown challenges cropping sector norms appeared first on Grain Central. Source: Grain Central Productivity slowdown challenges cropping sector norms

Weekly kill: Grid prices retract, almost as quickly as they rose

Direct consignment slaughter cattle prices in Qld have continued to plot an erratic path this week, shedding-off all of the sharp 20c/kg advances seen just a fortnight ago. The post Weekly kill: Grid prices retract, almost as quickly as they rose appeared first on Beef Central. Source: Beef Central Weekly kill: Grid prices retract,… Read more »

Farming land should never be forcefully acquired, AgForce says

A Queensland rural lobby group says the decision by the Government to rule out forcing graziers off their land to expand military bases has set a precedent. Source: ABC Beef Cattle Farming land should never be forcefully acquired, AgForce says

Flooded rivers, swollen swamps and full dams at Top End station

Plentiful wet season rains flood the Roper River, swell swamps and fill new dams on Moroak Station, south-east of Katherine in the Northern Territory. Source: ABC Beef Cattle Flooded rivers, swollen swamps and full dams at Top End station

New Hereford product expands JBS beef range

JBS Australia has further expanded its southern supply chain branded beef offer, with the launch yesterday of a new commercial breed-specific brand called Hereford Boss. The post New Hereford product expands JBS beef range appeared first on Beef Central. Source: Beef Central New Hereford product expands JBS beef range

Winter grain crop sets new record

Australia’s winter grain harvest is now officially the nation’s largest for every single mainland state, says forecaster ABARES. Source: ABC Grain Winter grain crop sets new record

June start likely for NRLX Casino saleyard upgrade + VIDEO

The multi-million dollar upgrade of the Northern Rivers Livestock Exchange saleyards at Casino is in its final design and planning approval stage, with construction likely to start by June and reach completion by December. The post June start likely for NRLX Casino saleyard upgrade + VIDEO appeared first on Beef Central. Source: Beef Central … Read more »

XE Market Analysis: Asia – Feb 13, 2017

FX trade was relatively quiet in N.Y. on Monday, and the dollar was mixed overall. A lack of data kept markets focused on equity and Treasury markets, where Wall Street printed fresh record highs, and yields moved higher. EUR-USD dipped to near one-month lows, touching 1.0593, down from early highs over 1.0635. USD-JPY attempted to… Read more »

Wagga sale 13 Feb 2017: Wet conditions constrain yarding

Less processor and feedlot bidding meant most yearling categories showed easier price trends. The post Wagga sale 13 Feb 2017: Wet conditions constrain yarding appeared first on Beef Central. Source: Beef Central Wagga sale 13 Feb 2017: Wet conditions constrain yarding

XE Market Analysis: Japanese Economic Growth Remains Soft

OVERVIEW The European Commission forecasted Eurozone growth to slow slightly this year to 1.6%, but to pick up to 1.8% in 2018. U.K. consumer spending grew at one of the slowest annual rates of the past three years, according to data from Visa.  U.S. consumer sentiment slipped more than expected in early February as the… Read more »

XE Market Analysis: North America – Feb 13, 2017

A weaker yen has been the main theme so far today. EUR-USD lifted to an intraday peak of 1.0658 amid a furry of dollar selling, since retreating back under 1.0645 as the buck staged a rebound. The upward move was concomitant with a dip in USD-JPY to 113.43, which marked a 70-odd pip retreat from… Read more »

Simmental bull sets $160,000 record high

A Simmental bull sold in South Australia last week has set a new breed record high, making $160,000 when bought by Central Queensland seedstock breeder Brett Nobbs, Nobbs Cattle Co, Duaringa. The post Simmental bull sets $160,000 record high appeared first on Beef Central. Source: Beef Central Simmental bull sets 0,000 record high

XE Market Analysis: Europe – Feb 13, 2017

Yen weakness was the main show in town in pre-London dealings in Asia. This saw USD-JPY rally briefly back above 114.00 today from the 112.86 low seen in the wake of Friday’s pressure conference after the Trump-Abe meeting, when the former said that “we will be on a level playing field soon” with exchange rates…. Read more »

WA farmers assess flood damage to property and livestock

An agricultural consultant says he is shocked the floods in Western Australia’s south have not yet been declared a natural disaster. Source: ABC Livestock WA farmers assess flood damage to property and livestock

AACo shuts down Livingstone abattoir after heavy rain

The Australian Agricultural Company temporarily shuts down its abattoir at Livingstone due to a lack of cattle, leaving hundreds of workers without a pay cheque. Source: ABC Beef Cattle AACo shuts down Livingstone abattoir after heavy rain

JBS moves into first Certified Organic beef program

JBS Australia will begin processing its first Certified Organic cattle next month, in a move which will inevitably add competitive tension for eligible stock in the marketplace. The post JBS moves into first Certified Organic beef program appeared first on Beef Central. Source: Beef Central JBS moves into first Certified Organic beef program

Abattoir upgrading despite high livestock prices

A Victorian abattoir upgrades its facility despite a drop in livestock to process, making the most of overseas markets. Source: ABC Livestock Abattoir upgrading despite high livestock prices

High energy prices are putting Australia’s remaining wool processors at risk

LAST year Australia’s remaining early stage wool processors could process the home-grown fibre as cheaply as Chinese factories, winning them business. The post High energy prices are putting Australia’s remaining wool processors at risk appeared first on Sheep Central. Source: Sheep Central High energy prices are putting Australia’s remaining wool processors at risk

Ultrafine wool price lifts, but more needed to promote production

ULTRAFINE wool growers David and Susan Rowbottom have sold more White Suffolk than Merino rams in recent years, but the recent lift in Merino wool prices is giving them hope. The post Ultrafine wool price lifts, but more needed to promote production appeared first on Sheep Central. Source: Sheep Central Ultrafine wool price lifts,… Read more »

Not a bad time to be a farmer

The release by ABARES of Australian Commodity Statistics in December each year provides an opportunity to look at some of the longer-term trends occurring in the Australian agriculture sector, and there is no doubt that the most recent batch of statistics released paints a very positive picture for most sub-sectors. The post Not a bad… Read more »

Queensland police charge two men over stock thefts and goat sales

QUEENSLAND police have charged two men with stock theft, fraudulent goat sales and false document offences as part of an ongoing investigation. The post Queensland police charge two men over stock thefts and goat sales appeared first on Sheep Central. Source: Sheep Central Queensland police charge two men over stock thefts and goat sales

Outback windmills go solar on Red Centre cattle station

A Central Australian cattle station has swapped its vintage windmills for a more modern and efficient technology in solar power. Source: ABC Beef Cattle Outback windmills go solar on Red Centre cattle station

Are toxic weeds the only or ‘real cause’ of Humpy Back in sheep?

PASTORAL sheep producers will get the latest insights into the debilitating syndrome Humpy Back at a Leading Sheep webinar on February 20. Queensland and New South Wales producers mustering flocks have reported sheep suffering from the condition this summer. The post Are toxic weeds the only or ‘real cause’ of Humpy Back in sheep? appeared… Read more »

Adoption starts to grow for walk-over weighing systems

A number of northern family and company-scale beef enterprises have signalled their intention to move into walk-over weighing systems as part of a broader move to precision livestock management. The post Adoption starts to grow for walk-over weighing systems appeared first on Beef Central. Source: Beef Central Adoption starts to grow for walk-over weighing… Read more »

Producers sought for smart sensor stock theft trials

Queensland cattle producers are being called on to participate in a research program testing smart sensor technology as a means of preventing and detecting stock theft. The post Producers sought for smart sensor stock theft trials appeared first on Beef Central. Source: Beef Central Producers sought for smart sensor stock theft trials

New rabbit video series released to coincide with new control campaign

A NEW video series on best practice rabbit control is available online to assist Australian land managers apply best practice pest rabbit control during autumn. The post New rabbit video series released to coincide with new control campaign appeared first on Sheep Central. Source: Sheep Central New rabbit video series released to coincide with… Read more »

Goat meat prices and exports start strong in 2017

AUSTRALIAN goat meat prices are continuing to push higher as exports increase. Meat & Livestock Australia said national over-the-hook goat indicators averaged 614c/kg cwt in January, reaching top quotes of 700c/kg cwt during the month. The post Goat meat prices and exports start strong in 2017 appeared first on Sheep Central. Source: Sheep Central … Read more »

Spray-drift reduction target in latest GRDC GrowNotes

The latest Grains Research and Development Corporation GrowNotes publication, released in digital and video format, contains expert tips on spray application and drift management. The post Spray-drift reduction target in latest GRDC GrowNotes appeared first on Grain Central. Source: Grain Central Spray-drift reduction target in latest GRDC GrowNotes

Do vegetarians live longer? Probably, but not because they’re vegetarian

University of Sydney researchers set out to test research suggesting that being a vegetarian would translate into lower risk of early death in the Australian population. The post Do vegetarians live longer? Probably, but not because they’re vegetarian appeared first on Beef Central. Source: Beef Central Do vegetarians live longer? Probably, but not because… Read more »

Korean imported beef sales rise following new FMD outbreak

Sales of imported beef in South Korea are rising sharply in response to recent disease outbreaks in domestic livestock operations, South Korean media has reported. The post Korean imported beef sales rise following new FMD outbreak appeared first on Beef Central. Source: Beef Central Korean imported beef sales rise following new FMD outbreak

Funding available to help farm businesses boost trade to China

The Department of Agriculture and Water Resources is seeking applications from Australian farm businesses and organisations looking to undertake projects and trade missions to boost the agricultural trading relationship between Australia and China in 2017. The post Funding available to help farm businesses boost trade to China appeared first on Beef Central. Source: Beef… Read more »

US Equity and Economic Review: The Markets Make a Small Move Higher

     This week’s U.S. news consisted of released that are secondary in importance, beginning with the JOLTs report – jobs opening and labor turnover.  This release provides insight into employers’ and employees’ attitudes about the labor market.  This is a relatively new data series; we only have another set of results from the previous expansion,… Read more »

Weekly Indicators: long leading indicators turn a darker shade of gray

Monthly data for January was sparse.  Sentiment as measured by the U. of Michigan retreated slightly.  December wholesale inventories rose, but sales rose even more. The December JOLTS report was essentially flat. Source: XE news feed Weekly Indicators: long leading indicators turn a darker shade of gray

Hot, dry weather pushes AuctionsPlus numbers sharply higher

Record temperatures, heat waves and dry winds did nothing to slow the numbers of livestock pouring onto the AuctionsPlus online selling platform this week, with about 78,800 sheep and lambs and 12,700 cattle hitting buyers’ and bidders’ screens across the country. The post Hot, dry weather pushes AuctionsPlus numbers sharply higher appeared first on Beef… Read more »

XE Market Analysis: Asia – Feb 10, 2017

The dollar was mixed in N.Y. trade on Friday, rallying some against the euro and pound, while losing ground to the yen and CAD. EUR-USD traded a relatively narrow range, though did manage to post nearly one-month lows of 1.0608. USD-JPY meanwhile, sold off ahead of the Trump/Abe meeting in Washington, later touching lows of… Read more »

XE Market Analysis: Dollar Rises on Trump's Tax Talk

OVERVIEW  Chinese trade data for January was much stronger than expected, as imports rose at the fastest pace in four years, which is an encouraging start to 2017 for the world’s largest trading nation. U.K. manufacturing production jumped 2.1% in December, and industrial output rose 1.1%, adding to robust consumer spending and service sector activity. … Read more »

XE Market Analysis: North America – Feb 10, 2017

The dollar remained underpinned in the wake of Trump’s hint yesterday of “phenomenal” tax news, which was followed-up by an unexpected phone all between Trump and his Chinese counterpart Xi, where Trump said that he would respect the “One China” policy, helping ease tensions. USD-JPY remained the lead pairing in the dollar advance, with the… Read more »

XE Market Analysis: Europe – Feb 10, 2017

USD-JPY led the broader dollar rally sparked by Trump’s hint yesterday that “something” on the tax cut front in the next 2-3 weeks that would be “phenomenal,” which was followed-up by an unexpected phone all between Trump and his Chinese counterpart Xi, where Trump said that he would respect the “One China” policy, helping ease… Read more »

Winton steer trial ends four months early

Impressive weight gains force a western Queensland steer trial competition to be cut four months short. Source: ABC Livestock Winton steer trial ends four months early

Australia well placed to feed Asian tiger

Australia’s agricultural industries should set their sights on the expanding opportunities for supplying food to Asia where the value of food consumption is forecast to double by 2050. The post Australia well placed to feed Asian tiger appeared first on Grain Central. Source: Grain Central Australia well placed to feed Asian tiger

Push to move more cattle by train, but supply remains a challenge

Moves are afoot to increase the utilisation of subsidised cattle trains in Queensland this year, but the push could face a challenge due to the tight availability of meatworks-ready cattle. The post Push to move more cattle by train, but supply remains a challenge appeared first on Beef Central. Source: Beef Central Push to… Read more »

Research finds sheep are spreading fireweed in manure

An award-winning student has shown that sheep intended to control fireweed by grazing are instead, spreading it via their manure. Source: ABC Livestock Research finds sheep are spreading fireweed in manure

Worrying Q fever numbers in NSW prompt call for cheaper access

Pressure mounts for the Q fever vaccine to be subsidised in NSW, amid concerns hundreds of people could be exposed to the potentially deadly disease. Source: ABC Livestock Worrying Q fever numbers in NSW prompt call for cheaper access

Wool prices hit record territory with focus on micron and quality

WOOL prices strengthened into record territory again this week, with significant gains for quality Merino and crossbred fleece. The post Wool prices hit record territory with focus on micron and quality appeared first on Sheep Central. Source: Sheep Central Wool prices hit record territory with focus on micron and quality

Wool forward contract trading increases as ‘fair value’ search continues

WOOL forward contracts traded in slightly better volumes this week as buyers and sellers searched to establish fair value at historically high levels. The post Wool forward contract trading increases as ‘fair value’ search continues appeared first on Sheep Central. Source: Sheep Central Wool forward contract trading increases as ‘fair value’ search continues

Australia’s love of meat pies growing

Australia’s love of meat pies shows no signs of abating, according to the latest findings from Roy Morgan Research. The post Australia’s love of meat pies growing appeared first on Beef Central. Source: Beef Central Australia’s love of meat pies growing

Crop insurance helps give farmers peace of mind

Farmers with multi-peril crop insurance claim it helps them sleep at night, not worrying about a third failed harvest. Source: ABC Grain Crop insurance helps give farmers peace of mind

Extreme heatwave conditions could break records

New South Wales could experience its hottest February day on record tomorrow, as extreme heatwave conditions peak across the state. The post Extreme heatwave conditions could break records appeared first on Beef Central. Source: Beef Central Extreme heatwave conditions could break records

Stock route opinions mixed under Queensland Government scrutiny

A series of state parliamentary committee hearings have uncovered contrasting opinions about how Queensland’s stock route network should be managed. Source: ABC Beef Cattle Stock route opinions mixed under Queensland Government scrutiny

Australian ag well placed to feed Asian tiger

Australia’s agricultural industries should set their sights on the expanding opportunities for supplying food to Asia where the value of food consumption is forecast to double by 2050. The post Australian ag well placed to feed Asian tiger appeared first on Beef Central. Source: Beef Central Australian ag well placed to feed Asian tiger

Pastoral sheep producers optimistic about future for Merino and wool

SHEEP producers in all of Australia’s pastoral areas, including outback Queensland, were looking to increase their Merino flock numbers, an Elders survey has indicated. The post Pastoral sheep producers optimistic about future for Merino and wool appeared first on Sheep Central. Source: Sheep Central Pastoral sheep producers optimistic about future for Merino and wool

Resilient pastoral sheep selection to be focus of Milparinka workshop

SELECTING resilient sheep for rangeland conditions will be the focus of a workshop at Milparinka in far north-west New South Wales next month. The post Resilient pastoral sheep selection to be focus of Milparinka workshop appeared first on Sheep Central. Source: Sheep Central Resilient pastoral sheep selection to be focus of Milparinka workshop

Recruitment: Processors, pastoral companies, rural lenders welcome 2017 graduate intakes

February typically represents graduate intake month across larger agribusinesses engaged in the meat and livestock supply chain, and this year is no exception. A number of processors, pastoral companies, feedlots, retailers, rural financiers and others have graduate intake programs each year. The post Recruitment: Processors, pastoral companies, rural lenders welcome 2017 graduate intakes appeared first… Read more »

XE Market Analysis: Asia – Feb 09, 2017

The dollar moved higher into and following stronger U.S. data, taking EUR-USD to 1.0651 lows, from near 1.0690. USD-JPY meanwhile, spiked up to 113.29 highs from near 112.35. Yields and stocks moved higher as well. The initial rally just ahead of the wholeslae data appeared to have been started by comments from president Trump, who… Read more »

Sheep and goat producer group on-farm research project call

SHEEP, goat and beef producer groups can apply for up to $25,000 to run local projects aimed at validating the on-farm benefits of integrating Meat & Livestock Australia’s research findings and innovations into their businesses. The post Sheep and goat producer group on-farm research project call appeared first on Sheep Central. Source: Sheep Central … Read more »

Dubbo sale 9 Feb 2017: Market eases in 4750 head yarding

It was a pretty good quality yarding with a large percentage of young cattle to suit the feeders and backgrounders along with some good runs of well finished cows and grown steers. The post Dubbo sale 9 Feb 2017: Market eases in 4750 head yarding appeared first on Beef Central. Source: Beef Central Dubbo… Read more »

XE Market Analysis: Kiwi Dollar Falls After RBNZ Statement

OVERVIEW Another subdued day across markets today with no major economic data released, and the US east coast bracing itself for ‘Thundersnow’. Germany’s trade surplus came in below expectations for December as exports fell sharply, but hit a record high for the year.  Fed President, James Bullard, indicated that US interest rates can remain low… Read more »

XE Market Analysis: North America – Feb 09, 2017

EUR-USD declined after failing to sustain above 1.07 for a second time in two days. The pair has retreated back to the 1.0675 area and is now showing a 0.2% loss on the day. Elsewhere in currency markets it’s a mixed picture. EUR-CHF has gained some 0.3%, which is a relatively large move for this… Read more »

XE Market Analysis: Europe – Feb 09, 2017

The dollar is showing moderate gains heading into the London interbank open, USD-JPY having repaired itself above 112.00, putting in some space from the 10-week low seen on Tuesday at 111.59, and EUR-USD having ebbed back to a 1.06 handle after failing to sustain rebound gains above 1.07. Source: XE news feed XE Market… Read more »

Canola looks to be crop of choice in 2017

An analyst predicts canola prices will remain strong, but agronomists warn against being hasty with planting. Source: ABC Grain Canola looks to be crop of choice in 2017

Beef producers optimistic despite patchy season

The Blackall region is in its fifth year of drought, but many cattle producers are still “born optimists”. Source: ABC Beef Cattle Beef producers optimistic despite patchy season

Mass production spells the end for traditional saddle tree maker

A Eugowra man who claims to be the last person solely making saddle trees for traditional Australian stock saddles is hanging up the tools. Source: ABC Livestock Mass production spells the end for traditional saddle tree maker

Harvester fire risk and chickpea research head GRDC investment list

Header fire prevention and insurance issues, and managing the pest and disease challenges thrown up by the surge in chickpea production, will be a top priority for GRDC research and development investment. The post Harvester fire risk and chickpea research head GRDC investment list appeared first on Grain Central. Source: Grain Central Harvester fire… Read more »

RSPCA concerned about loss of abattoir jobs

The RSCPA expands its argument against live cattle exports, saying local abattoir jobs will be lost with the live trade to China. Source: ABC Beef Cattle RSPCA concerned about loss of abattoir jobs

Indonesia suspends buffalo meat imports, but unclear for how long

The Indonesian Government has suspended imports of Indian buffalo meat in the wake of a significant ruling by the nation’s Constitutional Court yesterday. The post Indonesia suspends buffalo meat imports, but unclear for how long appeared first on Beef Central. Source: Beef Central Indonesia suspends buffalo meat imports, but unclear for how long

South Australian shearer Tom Brewer excels at world shearing championships

SOUTH Australian shearer Tom Brewer has made one of the first finals to be contested at the 40th World Shearing and Woolhandling Championships in Invercargill this week. The post South Australian shearer Tom Brewer excels at world shearing championships appeared first on Sheep Central. Source: Sheep Central South Australian shearer Tom Brewer excels at… Read more »

Is vertical integration on the cards for Gina’s expanding beef business?

Gina Rinehart’s Hancock Prospecting cattle business is apparently in no hurry to invest in downstream assets like processing, feedlots or live cattle export businesses, despite its colossal investment in cattle production assets over the past two years. The post Is vertical integration on the cards for Gina’s expanding beef business? appeared first on Beef Central. … Read more »

Rural trainer develops new way to train and employ farm workers

A Queensland labour contractor says employment programs need to be more flexible if they want to tackle the shortage of worker in rural industries. Source: ABC Beef Cattle Rural trainer develops new way to train and employ farm workers

‘We are still learning to develop distinctively Australian farming systems’

We are still learning to develop distinctively Australian farming systems, the head of the nation’s international agricultural research agency says, but we’re making progress. The post ‘We are still learning to develop distinctively Australian farming systems’ appeared first on Grain Central. Source: Grain Central ‘We are still learning to develop distinctively Australian farming systems’

Kay’s Cuts: US pushes for bilateral trade deals

Donald Trump’s recent actions over trade policy have forced US beef industry groups to realise that the new president might not be as much of a friend to the industry as they had hoped, reports US market commentator, Steve Kay. The post Kay’s Cuts: US pushes for bilateral trade deals appeared first on Beef Central. … Read more »

National award for AEGIC’s Black Sea reports

The Australian Export Grains Innovation Centre (AEGIC) team has won a national award for its reports which proves the world is watching what Australia thinks about its Black Sea competitors in grains and oilseeds markets. The post National award for AEGIC’s Black Sea reports appeared first on Grain Central. Source: Grain Central National award… Read more »

XE Market Analysis: Asia – Feb 08, 2017

The dollar again started the session on a stronger footing, though as was the case on Tuesday, faded through the morning session, as yields slipped, and Wall Street sputtered. A soft 10-year note auction appeared to help the greenback later in the session, as Treasury yields bounced. EUR-USD opened at 1.0650 before posting 1.0714 highs,… Read more »

Cattle Council and AMIC singled out for parliamentary blast

Two key red meat industry councils were yesterday singled out for a stinging Parliamentary blast by the Senator heading an inquiry into the red meat processing sector. The post Cattle Council and AMIC singled out for parliamentary blast appeared first on Beef Central. Source: Beef Central Cattle Council and AMIC singled out for parliamentary… Read more »

A close look at credit conditions: the Senior Loan Officer Survey

The Fedeeral Reserve’s senior loan officer survey measures credit demand and availability each quarter.  Recently I added one measure to my list of long leading indicators, with the qualifier that we only have a little over 25 years of data. Let’s take a more detailed look. Source: XE news feed A close look at… Read more »

XE Market Analysis: BREXIT Rambles On

OVERVIEW Political Risks weigh on the Euro as both the French elections and the Greek Debt surface again.  Safe-haven buying buoys the US Dollar with most currencies trading flat due to a lack of economic data. Reserve Bank of India surprises markets and leave REPO rate unchanged, while changing its stance from accommodative to neutral…. Read more »