Month: March 2017

Class action over contaminated seeds

Queensland legal firm, Creevey Russell Lawyers, is investigating a class action on behalf of sorghum growers impacted by the aggressive Shattercane weed produced by contaminated seeds. The post Class action over contaminated seeds appeared first on Grain Central. Source: Grain Central Class action over contaminated seeds

Recruitment: How to better manage a ‘contingent’ workforce

The use of contingent labour is increasing across Australian agribusiness, and in many cases it means employers should consider adjusting their approach to attracting and managing remotely located, or transient talent. The post Recruitment: How to better manage a ‘contingent’ workforce appeared first on Beef Central. Source: Beef Central Recruitment: How to better manage… Read more »

Wild dog numbers in SA pastoral areas prompt Qld fate fears

GROWING wild dog numbers were putting South Australia’s pastoral sheep industry at risk, according to Livestock SA president Geoff Power and former government trapper Brian ‘Goey’ Gill. The post Wild dog numbers in SA pastoral areas prompt Qld fate fears appeared first on Sheep Central. Source: Sheep Central Wild dog numbers in SA pastoral… Read more »

NSW drought feed calculator gaining popularity among cheap grain buyers

SHEEP producers are using a popular drought feed calculator to estimate their future grain needs while prices are low. The post NSW drought feed calculator gaining popularity among cheap grain buyers appeared first on Sheep Central. Source: Sheep Central NSW drought feed calculator gaining popularity among cheap grain buyers

XE Market Analysis: Asia – Mar 16, 2017

The dollar largely stayed down in N.Y. on Thursday, as the DXY fell to one-month lows of 100.36, as fallout from the less hawkish than expected FOMC announcement weighed. Incoming U.S. data was better than expected, as housing starts and the Philly Fed index beat forecasts, while jobless claims were in-line with expectations. EUR-USD ranged… Read more »

XE Market Analysis: British Pound Jumps After Surprise Rate Hike Vote

OVERVIEW The Federal Reserve raised interest rates by 0.25% as expected last night, but left growth and rate path forecast unchanged. The Bank of Japan kept rates on hold and said the Japanese economy still needed massive monetary support as inflation is 2% away from its target. The Swiss National Bank also held rates as… Read more »

Real retail sales and the 2017 outlook

As I’ve said many times, real retail sales is one of my favorite measures of the economy, because it imparts so much information about the broader economy as well. Source: XE news feed Real retail sales and the 2017 outlook

Dubbo sale 16 March 2017: Young cattle 4-10c dearer

Young feeder cattle were 3c to 6c dearer with the feeder steers selling from 298c to 343c with the large percentage of prime heavy weights over 400kg averaging 321c while the feeder heifers sold from 279c to 325c/kg. The post Dubbo sale 16 March 2017: Young cattle 4-10c dearer appeared first on Beef Central. … Read more »

New children’s book salutes Kidman, the cattle king

While we grown-ups will be familiar with books on the life of Sid Kidman, including Ion Idriess’s definitive The Cattle King, a new children’s picture book for the first time chronicles his life for younger readers. The post New children’s book salutes Kidman, the cattle king appeared first on Beef Central. Source: Beef Central … Read more »

XE Market Analysis: North America – Mar 16, 2017

The dollar extended post-Fed announcement gains against some currencies before settling. Gains in stock markets in Asia and Europe made USD-JPY bears think twice, helping the pair lift out of a 16-day low at 112.90 and back to the mid 113s. The euro held firm while the spread between Dutch and German yields narrowed as… Read more »

XE Market Analysis: Europe – Mar 16, 2017

The dollar is down 1%-plus following an on-the-fact market response to the Fed’s 25 bp rate hike. USD-JPY is down about 1.5% in making lows near 113.00, and EUR-USD is trading in five-month high territory near 1.0750. The dollar slide has been concomitant with a dive in Treasury yields. While the hike fully met expectations,… Read more »

Mustering starts early with dry 2017

Mustering and branding starts early on several western Queensland stations as graziers prepare for what could be a lean year. Source: ABC Beef Cattle Mustering starts early with dry 2017

JBS shutters second lamb plant, as livestock supply issues intensify

JBS Australia will temporarily close a second southern lamb processing plant this week, and plans to extend the current closure at the company’s Longford, Tasmania lamb chain by an additional month. The company’s Cobram lamb facility west of Melbourne will close for four weeks from tomorrow. The post JBS shutters second lamb plant, as livestock… Read more »

Glyphosate classified non-carcinogenic by European agency

The European Chemical Agency’s (ECHA) Committee for Risk Assessment (RAC) has concluded that available scientific evidence has shown that glyphosate – the widely-used herbicide in Australian agriculture – should not be classified as a carcinogen, as a mutagen or as toxic for reproduction. The post Glyphosate classified non-carcinogenic by European agency appeared first on Grain… Read more »

Small tractors lead machinery market

Agricultural equipment sales in Australia are now comfortably topping $1 billion on an annual basis and February saw the continuation of what promises to be another landmark year. The post Small tractors lead machinery market appeared first on Grain Central. Source: Grain Central Small tractors lead machinery market

XE Market Analysis: Asia – Mar 15, 2017

FX trade was quiet through the morning session N.Y. on Thursday, though the dollar sold off after the FOMC announcement, where rates were raised by 25 basis points, as was widely expected. The statement indicated Fed officials see the Fed Funds rate at a median of 1.40% at the end of 2017, indicating 2 more… Read more »

XE Market Analysis: U.S. Inflation Rises To a 5-Year High

OVERVIEW Markets are relatively quiet ahead of the Federal Reserve’s rate decision and the outcome of the Dutch elections. UK labor market data showed the economy continued to add jobs in February with the unemployment rate falling to 4.7%, its lowest since 2005. U.S. retail sales rose 0.1% last month in line with expectations but… Read more »

Australian drone safety research report released

The Australian Transport Safety Bureau has this afternoon released a research report into the safety of remotely piloted aircraft systems (RPAS) or drones. The post Australian drone safety research report released appeared first on Beef Central. Source: Beef Central Australian drone safety research report released

Thermal cameras helping rural trucks to avoid animal strikes

A Western Australian trucking company has had positive results trialling thermal cameras to help reduce animal strikes on country roads. The post Thermal cameras helping rural trucks to avoid animal strikes appeared first on Beef Central. Source: Beef Central Thermal cameras helping rural trucks to avoid animal strikes

Dalby sale 15 March 2017: Heavier categories ease, lighter cattle rise

Heavy falls of rain throughout the supply area resulted in numbers being reduced by 750 for a yarding of 3,319 head. The post Dalby sale 15 March 2017: Heavier categories ease, lighter cattle rise appeared first on Beef Central. Source: Beef Central Dalby sale 15 March 2017: Heavier categories ease, lighter cattle rise

XE Market Analysis: North America – Mar 15, 2017

The dollar majors settled into the twin risk event of the Dutch election and the FOMC announcement, a 25 bp rate hike is fully discounted but some uncertainty about the degree of hawkishness the Fed will signal in its policy guidance.[EUR, USD] Source: XE news feed XE Market Analysis: North America – Mar 15,… Read more »

Weekly property review: Lenders showing continued confidence in beef

When it comes to lending money for beef operations, financial institutions agree there is confidence and a strong appetite for long-term business across the sector – despite the recent softening in cattle values and dry seasonal conditions across large areas. The post Weekly property review: Lenders showing continued confidence in beef appeared first on Beef… Read more »

XE Market Analysis: Europe – Mar 15, 2017

Sterling has rallied in the wake of a Bloomberg report, citing unnamed sources, saying that the EU won’t authorize Brexit negotiations until June 20th, despite clear communication from the UK government over the last six months that it will invoke Article 50 by the end of March (repeated by a PM spokesperson earlier in this… Read more »

China financial clampdown having mixed impact on investment in Australian ag

Recent regulatory changes in China restricting capital movements outside the country are having some short-term impacts on investment in Australian agriculture, property sector stakeholders have reported. The post China financial clampdown having mixed impact on investment in Australian ag appeared first on Beef Central. Source: Beef Central China financial clampdown having mixed impact on… Read more »

Winter sowing intentions: Victorian growers turn to oilseeds and pulses

Victorian grain growers are primed to plant significant areas of canola, lentils and chickpeas this coming winter cropping season as price comparisons lure them away from cereals towards potentially more lucrative, but riskier, oilseed and pulse crops. The post Winter sowing intentions: Victorian growers turn to oilseeds and pulses appeared first on Grain Central. … Read more »

NT cattle prices prompt wet season mustering

The Northern Territory’s Tipperary Station is capitalising on high cattle prices during the wet season, by mustering cattle when demand is strong. Source: ABC Beef Cattle NT cattle prices prompt wet season mustering

Qld drought unlikely to impact forecast national herd rebuild

Worsening drought conditions in Queensland are set to further exacerbate the expected two-speed recovery of the Australian cattle herd. The post Qld drought unlikely to impact forecast national herd rebuild appeared first on Beef Central. Source: Beef Central Qld drought unlikely to impact forecast national herd rebuild

Challenging, unpredictable times for beef market access

Australia’s beef market access faces challenging, unpredictable times, stakeholders attending MLA’s global markets forum in Brisbane heard yesterday. The post Challenging, unpredictable times for beef market access appeared first on Beef Central. Source: Beef Central Challenging, unpredictable times for beef market access

Farming groups and University collaborate to value-add research efforts

A new agreement between Charles Sturt University (CSU), Wagga Wagga, NSW, and seven farming systems groups will foster research, development and extension opportunities to benefit farmers, businesses and agricultural students. The post Farming groups and University collaborate to value-add research efforts appeared first on Grain Central. Source: Grain Central Farming groups and University collaborate… Read more »

WA dairy farmer forced out of industry signs new supplier contract

A dairy farmer in WA’s south-west who was forced out of the industry by “unsustainable” farm gate prices signs a six-month contract with a new supplier. Source: ABC Beef Cattle WA dairy farmer forced out of industry signs new supplier contract

Revered stud stock agent Dave Watkins passes away

Legendary Queensland stud stock auctioneer, Dave Watkins, passed away yesterday at Yeppoon, aged 88. The post Revered stud stock agent Dave Watkins passes away appeared first on Beef Central. Source: Beef Central Revered stud stock agent Dave Watkins passes away

XE Market Analysis: Asia – Mar 14, 2017

FX trade was subdued for the most part in N.Y. Tuesday trade, with all eyes looking ahead to the FOMC announcement on Wednesday. The Fed is universally expected to hike rates another 25 bps , which would be the third tightening of the cycle. With the hike fully priced, the markets will look to the… Read more »

Growing agriculture through the Internet of Food

Queensland University of Technology’s (QUT) Professor Bronwyn Harch, has been appointed research director of the new, $210 million Food Agility CRC announced by the Federal Government. The post Growing agriculture through the Internet of Food appeared first on Grain Central. Source: Grain Central Growing agriculture through the Internet of Food

Brexit Blues Drive Sterling To 2-month Low

OVERVIEW The US Dollar remains strong as we head into the FOMC decision on interest rates. UK Government won approval to trigger Article 50, putting the Sterling under pressure. The ZEW survey came in lower than expected as political risks in Europe weigh on German economic sentiment. Eurozone industrial production rose 0.9% in January compared… Read more »

Latest NSW beef gross margin budgets reflect strong industry

Despite challenging seasonal conditions, returns for NSW beef enterprises remain strong in 2017, as indicated in NSW DPI beef gross margin budgets. Compared to 2016, beef gross margin returns had increased by 10pc on average, although not all beef enterprises increased by the same amount. The post Latest NSW beef gross margin budgets reflect strong… Read more »

Roma store 14 Mar 2017: Big jump to 8136 head

Quality was surprisingly solid with the minority showing any signs the effect of the dry summer, however rain has still been patchy throughout the area. The post Roma store 14 Mar 2017: Big jump to 8136 head appeared first on Beef Central. Source: Beef Central Roma store 14 Mar 2017: Big jump to 8136… Read more »

NVLX Wodonga 14 March 2017: Yearling cattle up to 20c/kg higher

Once again a shortage of domestic and export cattle gave the market some momentum with prices improving by as much as 20c/kg for yearling trade cattle. Most of the secondary lines were purchased by a smaller group of feedlot buyers. The post NVLX Wodonga 14 March 2017: Yearling cattle up to 20c/kg higher appeared first… Read more »

VIc farmers urge State Govt to take animal welfare role from RSPCA

Victoria’s peak farm lobby group wants Agriculture Victoria to be given the undisputed authority to regulate commercial farming zones, and for the RSPCA’s role to be confined to watching over domestic animals. The post VIc farmers urge State Govt to take animal welfare role from RSPCA appeared first on Beef Central. Source: Beef Central … Read more »

Weekly rainfall wrap + 14 day outlook, 15 Mar 2017

The biggest falls of rain across Australia in the past week were recorded in parts of the Kimberley, pockets of the west of the Northern Territory, and in locations in north-western Queensland. The post Weekly rainfall wrap + 14 day outlook, 15 Mar 2017 appeared first on Beef Central. Source: Beef Central Weekly rainfall… Read more »

XE Market Analysis: North America – Mar 14, 2017

The dollar was bid as markets jostle for position ahead of the FOMC announcement tomorrow, where the risk is that a fully expected 25 bp rate hike is accompanied with pretty hawkish guidance. EUR-USD carved out a two-day low at 1.0632, unaffected by perky German inflation data and a rise in German ZEW data. USD-JPY… Read more »

Weekly genetics review: Pestivirus screening on the increase in seedstock herds

Seedstock producers keen to provide trouble-free cattle to clients are moving towards testing all sale animals to ensure they are not infected with Pestivirus. The loss of productivity and a fear of litigation over infection and fertility train-wrecks in customers’ herds has persuaded many bull producers to provide protection. The post Weekly genetics review: Pestivirus… Read more »

XE Market Analysis: Europe – Mar 14, 2017

The dollar has picked up some as markets jostle for position ahead of the FOMC announcement tomorrow, where the risk is that a fully expected 25 bp rate hike is accompanied with pretty hawkish guidance. EUR-USD has ebbed to two-day lows under 1.0640 while USD-JPY has lifted to two-session highs above 115.12, extending the rebound… Read more »

Harnessing greater benefit from genomics

Although the inclusion of genomic information in Angus BreedPlan has become mainstream, it is an evolving science. Researchers in Australia, and around the world, are continually looking for better and more efficient ways to utilise the genomic information in genetic evaluation. The post Harnessing greater benefit from genomics appeared first on Beef Central. Source:… Read more »

Winter sowing intentions: NSW growers hold out for autumn break

NSW grain growers are holding off locking in their winter cropping plans, waiting to see what the ‘autumn break’ will bring before deciding whether to go all out with potentially high-returning alternative crops or opt for a conservative strategy based on traditional cereals. The post Winter sowing intentions: NSW growers hold out for autumn break… Read more »

Relaxations over BSE, FMD create headwinds for Aussie beef exports

The winds of change are sweeping through the global beef trade, with significant access relaxations in many key importing countries over their attitudes to risk associated with BSE and Foot & Mouth Disease. The post Relaxations over BSE, FMD create headwinds for Aussie beef exports appeared first on Beef Central. Source: Beef Central Relaxations… Read more »

Trump and Brexit signal changing fortunes for beef exports

A global beef market forum hears of the mixed fortunes of Aussie exports amid Trump, Brexit and cheap beef from India and South America. Source: ABC Beef Cattle Trump and Brexit signal changing fortunes for beef exports

Kay’s Cuts: Fluctuation in feedlot numbers brings myriad challenges

Whether it be in feedlots in the US, Canada or Australia, fluctuation of numbers on feed is a big challenge for lotfeeders, US columnist Steve Kay writes in this month’s contribution. The post Kay’s Cuts: Fluctuation in feedlot numbers brings myriad challenges appeared first on Beef Central. Source: Beef Central Kay’s Cuts: Fluctuation in… Read more »

SE Asia Report: Indian buffalo impact beginning to moderate

There appears to be a general sentiment that the “new” supply and demand equation which includes Indian beef has reached a point where the instability caused by Indian supply has now been factored into the market (after capturing about 50pc of the business) and is no longer a disrupter to current day to day trading…. Read more »

Environment improving but scientists are reluctant to admit it

The latest State of the Environment report shows Australian land managers have dramatically improved the state of the environment over the past decade. So why do the report’s authors persist in painting a gloomy picture of the future? The post Environment improving but scientists are reluctant to admit it appeared first on Beef Central. … Read more »

Grains, sugar company COFCO Australia debuts in IBISWorld list

COFCO (Australia) Pty Ltd has made it into the IBISWorld Australia’s Top 1000 Companies list for the first time, according to 2016 rankings released last week. The post Grains, sugar company COFCO Australia debuts in IBISWorld list appeared first on Grain Central. Source: Grain Central Grains, sugar company COFCO Australia debuts in IBISWorld list

27 weaners stolen from property near Roma

Police from the Roma Stock and Rural Crime Investigation Squad are currently investigating the theft of 27 Brahman cross weaners. The weaners were stolen from a property about 100km south of the township of Roma. The weaners were stolen from inside the stock yards located within the property. SARCIS Detective Sergeant Scott Jackson said the weaners were being fed… Read more »

Trade in Trumpworld: What could it mean for Australia?

Australian agriculture has never been worth more, but what could happen if US President Donald Trump follows through on promises to shake up global trade? Source: ABC Livestock Trade in Trumpworld: What could it mean for Australia?

Weekly kill: Grids soften further, as all eyes monitor weather influence

The prospect of decent rain this week across large parts of eastern Qld and northern NSW will have a significant bearing on northern cattle markets over the next few weeks, market watchers suggest. Meanwhile, many northern grids have slipped another 10c/kg since Thursday. The post Weekly kill: Grids soften further, as all eyes monitor weather… Read more »

XE Market Analysis: Asia – Mar 13, 2017

FX trade was quiet in N.Y. on Monday, with narrow ranges dominating. There was no data to move the market, and the dollar overall was mixed, a bit higher against the euro, flat versus the yen, and lower against the CAD and pound. Activity is liable to dry up further into Wednesday’s FOMC meeting, where… Read more »

Wagga sale 13 March 2017: Feeder market continues to find traction

Trade cattle benefited from increased competition and posted dearer rates, while secondary cattle prices varied according to quality and breeding. Trade steers lifted 10c making from 312-350c/kg. Plainer conditioned steers to slaughter sold at 295-310c/kg. The post Wagga sale 13 March 2017: Feeder market continues to find traction appeared first on Beef Central. Source:… Read more »

XE Market Analysis: North America – Mar 13, 2017

The dollar posted fresh post-U.S. jobs report lows versus the euro, sterling, yen, among other currencies, before recouping some lost ground. EUR-USD, EUR-JPY and other euro crosses ebbed and were showing net losses as of the early European PM session after seeing fresh post-ECB meeting highs earlier. Selling in EUR-GBP, as speculative accounts square out… Read more »

XE Market Analysis: Europe – Mar 13, 2017

The dollar remained mixed in the wake of Friday’s jobs report, which was sufficiently strong to cement market expectations for a 25 bp rage hike from the Fed this Wednesday, but missed the ADP reading of 297k, which seemed to take the wind out of the dollar’s sails. USD-JPY has also remained heavy in the… Read more »

Central Australia’s mini-property boom, as Numery aggregation sells for $50m

In the latest development in a mini property boom happening in Central Australia, overseas fund-backed Hewitt Cattle Australia has spent about $50 million buying adjoining Ambalindum and Numery stations, more or less due east of Alice Springs on the edge of the Simpson Desert. The post Central Australia’s mini-property boom, as Numery aggregation sells for… Read more »

Winter sowing intentions: Chickpeas top the menu for Queensland

This week Grain Central takes a look at the sowing intentions of growers across Australia for the forthcoming winter crop. Today, Queensland is in the spotlight. Throughout the week, Grain Central will present coverage of what growers are thinking in other states. The post Winter sowing intentions: Chickpeas top the menu for Queensland appeared first… Read more »

Anthrax confirmed on second Victorian farm

Anthrax is confirmed at a second farm in north-west Victoria, with a “significant number” of other sheep dying at the site over the past few months. Source: ABC Livestock Anthrax confirmed on second Victorian farm

Record 87pc of Qld now drought-declared

The total area of Queensland that is officially drought-declared has risen to 87.47 percent, following more drought declarations last week. The post Record 87pc of Qld now drought-declared appeared first on Beef Central. Source: Beef Central Record 87pc of Qld now drought-declared

Electronic sheep ID, Dutch-style

Dutch sheep farmer Diederik Sleurink gave Victorian saleyard managers a first hand demonstration of how he tags and registers his sheep electronically on a Litams hand-held connected reader. The post Electronic sheep ID, Dutch-style appeared first on Sheep Central. Source: Sheep Central Electronic sheep ID, Dutch-style

Wombats suffering from deadly mange targeted in $100k funding boost

Treating wombats suspected of carrying deadly sarcoptic mange is not as easy as it might sound — for one, they are “as fast as Usain Bolt” over short distances. Source: ABC Livestock Wombats suffering from deadly mange targeted in 0k funding boost

Rising demand contributes to lift in US imported beef prices

Prices for imported lean grinding beef in the US market were firmer last week, driven by limited supplies in the spot market, growing consumer demand for grinding beef, high asking prices from Australian processors and sparser than expected offers from NZ. In A$ terms, this week’s price is the highest since July last year. The… Read more »

Lambassador Sam Kekovich’s recalls ‘meat and greet’ with Donald Trump + VIDEO

Australia’s Lambassador Sam Kekovich recently recounted a story about a meeting he had years ago with recently-elected US President Donald Trump, as part of his 20-year quest to promote Australian lamb. Click on the video embedded in this article to view some of the exchange between the two larger-than-life characters. The post Lambassador Sam Kekovich’s… Read more »

Are you at risk of Q fever?

There have been more cases of Q Fever reported in the last two years than in any year since the National Q Fever Management Program ended over 10 years ago. So what is Q fever and why is it important? The post Are you at risk of Q fever? appeared first on Beef Central. … Read more »

Increased reports of pinkeye

The North Coast Local Land Services District Veterinarian team has issued a warning about Pinkeye in cattle on the North Coast following increased reports from livestock producers. The post Increased reports of pinkeye appeared first on Beef Central. Source: Beef Central Increased reports of pinkeye

Forum to help Northern NSW cattle producers set research priorities

A regional consultation forum to be held in Glen Innes this month will give NSW Northern Tablelands producers the chance to help drive the future direction of levy-payer funded research, development and adoption (RD&A) programs. The post Forum to help Northern NSW cattle producers set research priorities appeared first on Beef Central. Source: Beef… Read more »

International Economic Week in Review: Growth Looks to Be Picking Up a Bit

    The OECD issued its semi-annual growth projection this week, which was essentially unchanged from its analysis 6 months ago.  While they argued that increased confidence should spur growth, increasing interest rates and higher energy prices would slow growth by a similar amount.  Once again, the OECD cautioned about the overall weak growth environment: … Read more »

US Equity and Economic Review: Everything Continues to Look Bullish

     With the exception of Friday’s employment report, this week’s economic news was light – there were only 4 releases – and secondary in nature – the subject matter was more interesting to economists than individual investors.  Productivity growth continued to be weak, which means overall GDP growth will have a difficult time advancing beyond… Read more »

Dutch sheep grazing is improving biodiversity for all

DIEDERIK Sleurink makes money when his sheep eat, but not primarily from the meat they produce, the subsidies they generate or from the wool they grow. The post Dutch sheep grazing is improving biodiversity for all appeared first on Sheep Central. Source: Sheep Central Dutch sheep grazing is improving biodiversity for all

Weekly Indicators: long term rates turn negative again edition

February data was highlighted by another good jobs report, including declines in both the unemployment and underemployment rates. Additionally, most of the internals were as good as the headline numbers. Wage growth for nonsupervisory workers continues to be weak, and in real terms is virtually unchanged YoY.  Other news included positive factory orders, and slight… Read more »

Live export sheep stressed and seasick in shipping pens, study finds

Sheep need at least 20 per cent more space than current Australian standards to improve their welfare when being shipped overseas, a study finds. Source: ABC Livestock Live export sheep stressed and seasick in shipping pens, study finds

Cows and calves top $2610 in smaller AuctionsPlus offering

Overall offering numbers eased on AuctionsPlus last week, but prices for female cattle, particularly, remained strong. From Holbrook, NSW, a stand-out line of three and four year old Poll Hereford/Shorthorn cows with Charolais calves at foot topped the market at $2610. The post Cows and calves top $2610 in smaller AuctionsPlus offering appeared first on… Read more »

Flinders Island

‘The Wombat Lady of Flinders Island’ has been caring for orphaned wombats for over 20 years. Fiona Breen meets with the lady herself and other locals on this slice-of-life island visit. Source: ABC Beef Cattle Flinders Island

Australian beef gaining popularity in China's fifth-largest city

A Chinese businessman who lived in Brisbane for three years is taking Aussie beef back home, opening a string of butcher shops in Chengdu, China’s fifth-largest city. Source: ABC Beef Cattle Australian beef gaining popularity in China’s fifth-largest city

XE Market Analysis: North America – Mar 10, 2017

The dollar traded mixed-to-steady into the release of the U.S. February jobs report, logging fresh highs versus the yen, which continued to underperform, but posting a fresh low versus the euro before rebounding some. Against the Canadian dollar, sterling, and other currencies, the dollar remained within ranges seen yesterday.[EUR, USD] Source: XE news feed … Read more »

XE Market Analysis: Europe – Mar 10, 2017

The yen continued to slip, making new lows versus the dollar and euro, among other currencies, with yesterday’s ECB shift to a more neutral footing having underlined the relatively dovish stance of the BoJ, which continues to pursue operations to cap the 10-year JGB yield at zero percent. USD-JPY extended to a seven-week high at… Read more »

What triggered the Rutherglen bug invasion this summer?

Just what caused the virtual plague of Rutherglen bugs that invaded northern cropping areas in unprecedented numbers over summer has had scientists searching for answers. The post What triggered the Rutherglen bug invasion this summer? appeared first on Grain Central. Source: Grain Central What triggered the Rutherglen bug invasion this summer?

Producers tour Oakey Beef Exports plant + PICS

A producer information day held at processor NH Foods’ Oakey Beef Export plant west of Toowoomba last week offered a powerful example of what can be gained when both sectors work more closely together. The post Producers tour Oakey Beef Exports plant + PICS appeared first on Beef Central. Source: Beef Central Producers tour… Read more »

See you at 2017 ACA National Finals

The 2017 ACA National Finals are on at Clermont, Queensland 19th – 22nd April 2017. As Gold Sponsors of this event, Riverina are proud to be involved with all the competitors and management of the ACA (Australian Campdraft Association). We will be in attendance at Clermont for the week, so call in and see our… Read more »

Caution urged over getting ‘over-excited’ about lamb prospects in China, India

Burgeoning numbers of middle class people in India and China could offer opportunities for boosting sheep meat exports. But MLA area managers for both countries have cautioned against thinking that these markets will emerge overnight. The post Caution urged over getting ‘over-excited’ about lamb prospects in China, India appeared first on Sheep Central. Source:… Read more »

Brexit, Trump factor could impact global red meat flows

  GLOBAL political issues like Brexit and the election of Donald Trump in the United States could have more influence on sheep producers than they thought. And the news is good for Brexit and potentially bad in the fallout of the Trump election win. Meat and Livestock Australia area managers briefed producers, processors and industry… Read more »

Heat and dryness reduce sorghum prospects

United States Department of Agriculture (USDA) analysts predict Australian sorghum production for 2016/17 will reach 1.2 million tonnes (Mt), down 0.8Mt or 41pc from last year. The post Heat and dryness reduce sorghum prospects appeared first on Grain Central. Source: Grain Central Heat and dryness reduce sorghum prospects

Broadening lamb cuts important for market insurance in Japan, Korea

Sectors of Australia’s lamb exports in some countries depend on the popularity of just one single dish – and that can be dangerous. MLA’s area manager for Japan and Korea, Andrew Cox knows this all too well, given two of his key markets are based on specific uses for lamb. The post Broadening lamb cuts… Read more »

Brexit, Trump factor could impact global red meat flows

Global political issues like Brexit and the election of Donald Trump in the US could have more influence on red meat producers than they thought. The post Brexit, Trump factor could impact global red meat flows appeared first on Beef Central. Source: Beef Central Brexit, Trump factor could impact global red meat flows