Month: March 2017

AGIC roadshow wows Shanghai, Ho Chi Minh City

The Australian Grains Industry Conference (AGIC) mobile roadshow events — yesterday in China and early this week in Vietnam— were sold out conferences, confirming these destinations are hungry for information on Australia. The post AGIC roadshow wows Shanghai, Ho Chi Minh City appeared first on Grain Central. Source: Grain Central AGIC roadshow wows Shanghai,… Read more »

Recruitment: How to identify the future team leaders in your business

At the core of every successful agribusiness is a team of good leaders making good decisions. When you set out to identify future leaders to move your business forward, how do you know what to look for? The post Recruitment: How to identify the future team leaders in your business appeared first on Beef Central. … Read more »

XE Market Analysis: Asia – Mar 09, 2017

The euro got an early boost in N.Y. trade, as EUR-USD rallied on the back of the Draghi press conference. He made a subtle attempt to move the Bank’s outlook to a more neutral stance, which resulted in higher Bund yields and a firmer euro. EUR-USD rallied to 1.0615 from 1.0552 lows, before fading again…. Read more »

XE Market Analysis: Unchanged Interest Rates Strengthens Euro

OVERVIEW U.S. President Trump plans to move quickly on the $1 trillion infrastructure plan. Euro stands strong as ECB leaves interest rates and the QE program unchanged. British Pound is lower as markets ignore budgets higher growth and lower public debt predictions. HIGHLIGHT The ECB was the highlight of the day, leaving interest rates and the… Read more »

Industry seeks mandate to stop kids riding adult ATVs

Australia’s ATV industry is urging State and Territory governments to adopt the recommendations of previous coronial inquests in order to fast-track better safety for ATV quad-bike riders, including banning children from riding adult sized machines. The post Industry seeks mandate to stop kids riding adult ATVs appeared first on Beef Central. Source: Beef Central … Read more »

Dubbo sale 9 Mar 2017: Numbers continue to come back

It was a pretty good quality yarding with a good selection of young cattle to suit the feeders and processors along with good numbers of cows and grown steers and heifers. The post Dubbo sale 9 Mar 2017: Numbers continue to come back appeared first on Beef Central. Source: Beef Central Dubbo sale 9… Read more »

Double boost for NSW quad bike safety rebate

NSW Farmers has welcomed a significant increase in rebates available to improve quad bike safety on farms. The post Double boost for NSW quad bike safety rebate appeared first on Beef Central. Source: Beef Central Double boost for NSW quad bike safety rebate

XE Market Analysis: North America – Mar 09, 2017

The dollar posted fresh highs versus the euro, yen, sterling, Canadian and Australian dollars, amongst other currencies, as yesterday’s strong U.S. ADP private jobs report continued to resonate, with the data imparting added upside risk to tomorrow’s release of the February payrolls report, in turn feeding market expectations for hawkish guidance from the Fed after… Read more »

Live cancer cell injection helps beat devil facial tumour disease

Scientists successfully treat Tasmanian devils suffering from the deadly devil facial tumour disease by “fighting cancer with cancer”, as they aim for a vaccine which can be administered to devils in the wild. Source: ABC Livestock Live cancer cell injection helps beat devil facial tumour disease

XE Market Analysis: Europe – Mar 09, 2017

The dollar logged fresh highs versus some currencies, including the euro, and Australian and other dollar-bloc currencies, while consolidating versus the yen and sterling, amongst others. EUR-USD logged a six-day low at 1.0525 and USD-CAD made a fresh high for the year at 1.3505. USD-JPY settled to a narrow range in the mid 114s after… Read more »

Australian Defence Force closing in on willing land sellers

The Australian Defence Force will spend the next fortnight in the Charters Towers region to talk to landowners in the hope it can purchase properties as part of a military training base expansion. Source: ABC Beef Cattle Australian Defence Force closing in on willing land sellers

Bilby brawl brews in the Kimberley

Why has the bilby become such a heated topic in the Kimberley region of Western Australia? Source: ABC Beef Cattle Bilby brawl brews in the Kimberley

Grain production to ease back after record winter crop: ABARES

​​​AFTER an extraordinary year for Australian grains and oilseed production in 2016-17, ABARES has forecast yields to return to average levels in 2017–18. The post Grain production to ease back after record winter crop: ABARES appeared first on Grain Central. Source: Grain Central Grain production to ease back after record winter crop: ABARES

Japanese beefs up Wagyu marketing

Japan beefs up its marketing of Wagyu, launching a new logo to push its country as the motherland of the premium beef product. Source: ABC Beef Cattle Japanese beefs up Wagyu marketing

Committee recommends stock route consultation

A review of the proposed changes to the way Queensland’s stock route network is managed says the government needs to go back to the drawing board. Source: ABC Beef Cattle Committee recommends stock route consultation

Flaws seen in ACCC’s advice to publicly disclose processor price grids

Any move by the beef industry to mandate full public access to processors’ direct-consignment cattle price grids would have unforeseen negative consequences, sources close to the supply chain have told Beef Central. Three main issues have been raised, against such a move. The post Flaws seen in ACCC’s advice to publicly disclose processor price grids… Read more »

Mick Keogh explains ACCC beef and cattle market study findings

More of the thinking behind the 15 recommendations released by the ACCC to improve competitiveness and transparency in Australia’s cattle markets was explained by Agricultural Commissioner Mick Keogh at yesterday’s ABARES conference in Canberra. The post Mick Keogh explains ACCC beef and cattle market study findings appeared first on Beef Central. Source: Beef Central … Read more »

Significant wheat gene discovery

A wheat gene discovery has shaken the foundations of wheat genome research Source: ABC Grain Significant wheat gene discovery

Wheat yields flatlining with climate change

While 2016 set a new national wheat harvest record, CSIRO warns it is an aberration that masks a more troubling long-term trend. Source: ABC Grain Wheat yields flatlining with climate change

XE Market Analysis: Asia – Mar 08, 2017

The dollar rallied broadly after the much stronger than forecast ADP jobs figures, which gave upside risk to Friday’s BLS employment report. A strong NFP outcome on Friday will virtually guarantee a Fed rate hike next week. The greenback later pulled back marginally, largely on profit taking dynamics. EUR-USD fell to 1.0535 lows after opening… Read more »

XE Market Analysis: U.S. Private Sector Job Growth Surges

OVERVIEW German industrial production rebounded more strongly than expected in January, rising 2.8%. China posted its first monthly trade deficit in 3 years in February, as imports surged almost 40% compared to a year previous. UK chancellor raised their forecast for growth in 2017 to 2% but reduced their forecasts slightly for 2018 and 2019. Swiss… Read more »

Top biosecurity award for ‘CropSafe’

Agriculture Victoria’s CropSafe program – which made a rapid response to last year’s Russian wheat aphid (RWA) outbreak possible – has taken out a prestigious Australian Biosecurity award. The post Top biosecurity award for ‘CropSafe’ appeared first on Grain Central. Source: Grain Central Top biosecurity award for ‘CropSafe’

Dalby sale 8 March 2017: Market firm to cheaper for smaller yarding

    Yarding 4075 Change -1178 Numbers were down by 1,200 for a yarding of 4,075 head. The yarding consisted of a good supply of yearlings, with a large percentage of light yearlings and weaner cattle offered. There was a fair penning of bullocks, steers and heifers, and cows were also well supplied. Quality of the… Read more »

Vic farmer convicted for sheep cruelty

A 45-year-old Murtoa man has pleaded guilty to 14 aggravated cruelty charges in relation to his sheep. The post Vic farmer convicted for sheep cruelty appeared first on Sheep Central. Source: Sheep Central Vic farmer convicted for sheep cruelty

XE Market Analysis: North America – Mar 08, 2017

The dollar traded firmer, logging a four-session high versus the euro, a fresh seven-week peak against the still-underperforming pound, a two-month peak against the Canadian dollar while more than recouping Tokyo session losses against the yen. The USD index posted a four-session high of 101.99, just 20 pips shy of last Wednesday’s eight-week peak. The… Read more »

XE Market Analysis: Europe – Mar 08, 2017

The yen remained underpinned, the dollar mixed amid a backdrop of investor caution ahead of the Friday’s U.S. jobs report and next week’s policy announcement form the Fed. EUR-USD edged out a new four-session low at 1.0558, as did EUR-JPY. USD-JPY drifted lower during the Tokyo session. The pair remained above Monday’s low at 113.55… Read more »

Weekly property review: Is it a golden age for investors?

This week’s property review continues on the theme established last week – whether the time is right for older cattle land asset owners considering retirement to check out. The post Weekly property review: Is it a golden age for investors? appeared first on Beef Central. Source: Beef Central Weekly property review: Is it a… Read more »

Patchy monsoon rain delivers mixed fortunes for farmers

With just weeks until north Queensland’s wet season draws to a close, farmers report results as diverse as the rainfall. Source: ABC Beef Cattle Patchy monsoon rain delivers mixed fortunes for farmers

Traprock cluster fence a “game-changer’

Steel posts and wire netting are proving to be effective weapons in the fight against wild dogs in Queensland’s traprock region. The post Traprock cluster fence a “game-changer’ appeared first on Sheep Central. Source: Sheep Central Traprock cluster fence a “game-changer’

Weekly kill: Grids don’t so much slide, as plummet

Direct to works slaughter grids in QLD and northern NSW have taken another big hit this week, as processors strive to maximise the advantage of a weather-driven flow of cattle to try to stem some of the bleeding in processing margins that took place earlier. The post Weekly kill: Grids don’t so much slide, as… Read more »

Heavier weights could take some digesting for Indonesian cattle importers

Indonesian cattle importers by law feed must feed imported cattle for a minimum of 120 days. How will this work with heavier cattle soon to start arriving? The post Heavier weights could take some digesting for Indonesian cattle importers appeared first on Beef Central. Source: Beef Central Heavier weights could take some digesting for… Read more »

Beef sectors react to ACCC beef and cattle market study

The Australian Competition and Consumer Commission yesterday released 15 recommendations which it believes will help to deliver greater transparency in Australian cattle and beef markets. Industry groups are still digesting the detail, but initial reactions have been mixed. The post Beef sectors react to ACCC beef and cattle market study appeared first on Beef Central. … Read more »

Competition forces Aussie beef into premium end of Indonesian market

The Australian live cattle trade faces increasing competition in the Indonesian market, with buffalo meat from India taking over the bakso ball industry. Source: ABC Beef Cattle Competition forces Aussie beef into premium end of Indonesian market

XE Market Analysis: Asia – Mar 07, 2017

FX Land was largely in snooze mode in N.Y. on Tuesday, with narrowly traded ranges the rule. The dollar started out on a firmer footing, though the modest rally ran out of gas into the London close, and prices mostly turned sideways. EUR-USD treaded water inside a 1.0560 to 1.0588 band, while USD-JPY dipped briefly… Read more »

Property: AFA’s Boonooke aggregation tipped to fetch $330m

Confirming months of speculation, Australian Food & Agriculture’s NSW property aggregation including the iconic Boonooke Merino operation near Deniliquin has been put on the market, at an asking price said to be around $330 million. The post Property: AFA’s Boonooke aggregation tipped to fetch $330m appeared first on Beef Central. Source: Beef Central Property:… Read more »

Short leading indicators are lit up

I’ve been noting for several months that the short leading indicators available on a weekly basis have been very positive.  In this post I want to take a more detailed look at the most prominent short leading indicators, including those reported monthly.  Most, but not all, have been very strong. Source: XE news feed … Read more »

XE Market Analysis: U.S. Dollar Supported by Higher Interest Rates

OVERVIEW German factory orders fell 7.4% in January, their steepest drop in eight years. The U.S. trade deficit jumped almost 10% in January to $48.5 billion, the largest rise since March 2012. Global dairy prices fell 6.3% in the latest auction after falling 3% in February. Brazil’s recession unexpectedly worsened at the end of last… Read more »

Weekly rainfall wrap + 14 day outlook, 8 Mar 2017

Rainfall over the past week was recorded across northern and eastern Australia, with isolated light to moderate falls along the west coast of Western Australia. The post Weekly rainfall wrap + 14 day outlook, 8 Mar 2017 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + 14 day outlook, 8 Mar… Read more »

Roma store 7 Mar 2017: Brafords feature in annual sale

Onlookers and vendors of the Braford Society annual sponsored sale made for a great day out enjoying the good lines of their breed with a challenge to find a spot on the fence. The post Roma store 7 Mar 2017: Brafords feature in annual sale appeared first on Beef Central. Source: Beef Central Roma… Read more »

ABARES: Lamb prices to rise on strong restocker demand

Australian lamb prices are forecast to increase by 10 percent by June 30, and a further 3pc next financial year, the ABARES Conference in Canberra heard yesterday. The post ABARES: Lamb prices to rise on strong restocker demand appeared first on Sheep Central. Source: Sheep Central ABARES: Lamb prices to rise on strong restocker… Read more »

NVLX Wodonga 7 Mar 2017: Supply drops on hot weather and weaker rates

The market seemed to lose some heat, with easier prices trends over most yearling categories. There were signs at the market that trade and feedlots are not prepared push the market upwards, particularly at the plainer end of those categories. The post NVLX Wodonga 7 Mar 2017: Supply drops on hot weather and weaker rates… Read more »

XE Market Analysis: North America – Mar 07, 2017

The dollar has been mixed, posting a three-session high versus the euro, which was aided by a big miss in German manufacturing orders data, gaining on the still-underperforming pound, holding steady versus the yen, and losing ground to the Australian dollar, which was bid following an upbeat statement from the RBA as it delivered an… Read more »

Weekly Genetics Review: Buyers spend $26.3M on bulls in February

Bull sales ran hot throughout February, with 80 auction sale fixtures in five states grossing a hefty $26.3 million. The tally of 3639 bulls changed hands at an average price of $7230. While southern sales performed strongly, some fixtures in Queensland struggled under the weight of seasonal adversity. The post Weekly Genetics Review: Buyers spend… Read more »

New CEO to continue Wagyu expansion

The Australian Wagyu Association has appointed beef industry executive and meat quality specialist Dr Matthew McDonagh as its new chief executive officer. He replaces retiring CEO Graham Truscott. The post New CEO to continue Wagyu expansion appeared first on Beef Central. Source: Beef Central New CEO to continue Wagyu expansion

UK sheep market absorbs EU EID costs

FIRST day on a week-long tour of English livestock markets and some questions are being answered for Victorian saleyard managers investigatng how sheep electronic identification will fit into their operations. The post UK sheep market absorbs EU EID costs appeared first on Sheep Central. Source: Sheep Central UK sheep market absorbs EU EID costs

XE Market Analysis: Europe – Mar 07, 2017

The dollar has settled along with other markets as the release of the February U.S. payrolls report on Friday and the Fed’s policy decision next Wednesday are anticipated. USD-JPY is in the upper 113s after logging a four-session low yesterday at 113.55. The 20- and 50-day moving averages, at 113.41 and 113.63, mark support levels…. Read more »

Anthrax outbreak kills 80 cattle on Queensland property

About 80 cattle die in an anthrax outbreak on a grazing property at St George in Queensland’s southern inland, prompting Biosecurity Queensland to limit movements of people and livestock. Source: ABC Beef Cattle Anthrax outbreak kills 80 cattle on Queensland property

Feedlot supporters rally for big night out, and a worthy cause

Not even rain could dampen the enthusiasm of a large contingent of feedlot industry supporters who gathered for a social event hosted by the Women of Lot Feeding at the Historic Jondaryan Woolshed on Queensland’s Darling Downs on Saturday night. The post Feedlot supporters rally for big night out, and a worthy cause + pictures… Read more »

Death of 80 cattle near St George attributed to Anthrax

Biosecurity Queensland issued a statement on Tuesday afternoon announcing it is working with the managers of a St George cattle property following the death of approximately 80 animals. The post Death of 80 cattle near St George attributed to Anthrax appeared first on Beef Central. Source: Beef Central Death of 80 cattle near St… Read more »

People on the move in the grains and cropping sector

Who is on the move in the Australian grain industry? Catch up with our latest update of industry appointments, rewards, retirements and achievements. The post People on the move in the grains and cropping sector appeared first on Grain Central. Source: Grain Central People on the move in the grains and cropping sector

ACCC study into beef markets released

The ACCC wants the beef industry to improve transparency of over the hooks sales. Source: ABC Livestock ACCC study into beef markets released

ACCC makes 15 recommendations to improve cattle market transparency

The ACCC says cattle processors should publish their price grids for direct to works sales to improve transparency in the Australian cattle market, one of 15 recommendations it has released in its beef and cattle market report. The post ACCC makes 15 recommendations to improve cattle market transparency appeared first on Beef Central. Source:… Read more »

Project aims to take beef supply chain carcase feedback to a new level

Cattle producers supplying OBE Organic’s beef supply chain stand to benefit from an ambitious new performance feedback model that promises to put more money in producers’ pockets, as well as improving animal health and wellbeing outcomes. The post Project aims to take beef supply chain carcase feedback to a new level appeared first on Beef… Read more »

Animal wellbeing new frontier for beef brands?

Through its new Feedback Loop project, the OBE Organic beef supply chain sees animal wellbeing as one of the ‘new frontiers’ in commercial beef brand development. The post Animal wellbeing new frontier for beef brands? appeared first on Beef Central. Source: Beef Central Animal wellbeing new frontier for beef brands?

Saleyard prices to remain firm for next 12 months: ABARES

The weighted average saleyard price of cattle is forecast to increase by seven percent this financial year to 540c a kilogram, and to maintain the same average through 2017-18. The post Saleyard prices to remain firm for next 12 months: ABARES appeared first on Beef Central. Source: Beef Central Saleyard prices to remain firm… Read more »

Live cattle shipments set to grow

Australian live feeder and slaughter cattle exports are forecast to gradually increase in coming years, according to ABARES. The post Live cattle shipments set to grow appeared first on Beef Central. Source: Beef Central Live cattle shipments set to grow

Flock rebuilding Qlders urged to match feed with ewes’ needs

By Sheep Central, 06 March 2017 Queensland sheep and wool producers have been advised they need to get the right ewes, on the right feed, to successfully raise lambing and weaning rates as the State’s flock rebuilding starts in earnest. http://www.sheepcentral.com/flock-rebuilding-qld-producers-urged-to-match-feed-with-ewes-needs/

Dry conditions spark sharp rise in cattle numbers on feed

Cattle numbers on feed across Australia jumped by 18pc over the final three months of 2016, as dry conditions start to impact on industry decisions over finishing cattle for slaughter, according to the quarterly industry survey released yesterday. The post Dry conditions spark sharp rise in cattle numbers on feed appeared first on Beef Central. … Read more »

Young women make up almost half of AACo’s new recruits

Young women make up almost half of Australian Agricultural Company’s rookie recruits for its Northern Territory and Queensland cattle stations. Source: ABC Beef Cattle Young women make up almost half of AACo’s new recruits

Vic farm in quarantine following Anthrax sheep death

Anthrax has been identified as the cause of death on a Victorian farm where a number of sheep have died suddenly. The post Vic farm in quarantine following Anthrax sheep death appeared first on Sheep Central. Source: Sheep Central Vic farm in quarantine following Anthrax sheep death

Wagga sale 7 Mar 2017: Hot, dry conditions fuel supply pressure

Plainer cattle bore the brunt of the cheaper trend with buyers discounting mixed breeds up to 49c/kg. The post Wagga sale 7 Mar 2017: Hot, dry conditions fuel supply pressure appeared first on Beef Central. Source: Beef Central Wagga sale 7 Mar 2017: Hot, dry conditions fuel supply pressure

XE Market Analysis: Asia – Mar 06, 2017

FX trade was quiet in N.Y. on Monday, with major dollar pairings sticking inside relatively narrow trading ranged. The greenback was broadly higher however, likely on the back of nearly baked in the cake prospects for a Fed rate hike next week. EUR-USD struggled over the 1.06 mark, topping at 1.0608 before slipping back into… Read more »

XE Market Analysis: Yellen Says Rate Hike Appropriate

OVERVIEW  Stock markets kicked off a down week. North Korea’s missile test and Donald Trump’s accusation monitored phone calls are weighing on investor sentiment.  Eurozone investor morale improved more than expected in March, with Sentix research group’s monthly index rising to 20.7 from 17.4. US factory orders rose 1.2% in January, slightly outpacing market forecasts… Read more »

XE Market Analysis: North America – Mar 06, 2017

The dollar and yen gained versus most other currencies, while the euro took a knock on the latest political machinations in France as the first round of the Presidential election on April 23 draws nearer. EUR-USD dipped back under 1.0600 after earlier logging a 17-day high at 1.0640. USD-JPY settled back under 114.00 as the… Read more »

XE Market Analysis: Europe – Mar 06, 2017

The dollar majors have started the week mixed, with USD-JPY and yen crosses trading softer, with USD-JPY retreating below 114.00 after logging a 19-day peak on Friday at 114.75, while the dollar gained modest ground versus the euro and Australian dollar, despite above-forecast retail sales data out of Australia in the case of the latter…. Read more »

Growing organic beef at Tasmania's Toehold Farm

Beef breeders Denise and Jim Rossiter arrived in Tasmania 34 years ago from the UK on what was supposed to be a two-year working visit. Source: ABC Beef Cattle Growing organic beef at Tasmania’s Toehold Farm

GRDC annual report highlights transformation process

The Grains Research and Development Corporation (GRDC) has released its annual report for 2015-16, highlighting the process of transformation the organisation has been undertaking over the past 18 months. The post GRDC annual report highlights transformation process appeared first on Grain Central. Source: Grain Central GRDC annual report highlights transformation process

Hancock extends NT supply chain network with $24m Aroona purchase

Gina Rinehart’s Hancock Prospecting has added another piece to its Northern Territory beef supply chain jigsaw puzzle, outlaying about $24 million to secure a large grazing holding southwest of Katherine to use as a depot facility for live exports out of Darwin. The post Hancock extends NT supply chain network with $24m Aroona purchase appeared… Read more »

Gina Rinehart buys another NT cattle station

Australia’s richest woman, Gina Rinehart, has bought another cattle station in northern Australia, acquiring Aroona Station west of Katherine. Source: ABC Beef Cattle Gina Rinehart buys another NT cattle station

Wagin’s giant ram now NLIS compliant

The law has finally caught up with the Wagin giant ram. The post Wagin’s giant ram now NLIS compliant appeared first on Sheep Central. Source: Sheep Central Wagin’s giant ram now NLIS compliant

Project works to boost livestock welfare in China

Improving the welfare of millions of animals in China – which raises and slaughters more livestock than any other nation – is the focus of a project led by the University of Queensland’s School of Veterinary Science. The post Project works to boost livestock welfare in China appeared first on Beef Central. Source: Beef… Read more »

More approved supplements approved for use under PCAS programs

Producers selling cattle under the Pasturefed Cattle Assurance System (PCAS) now have more options for feeding cattle. The post More approved supplements approved for use under PCAS programs appeared first on Beef Central. Source: Beef Central More approved supplements approved for use under PCAS programs

Fox and wild dog bounty resumes in Victoria

The Victorian Fox and Wild Dog Bounty re-commences today, with collections starting in the South East. The post Fox and wild dog bounty resumes in Victoria appeared first on Sheep Central. Source: Sheep Central Fox and wild dog bounty resumes in Victoria

Surge in cow & calf and PTIC heifer numbers on AuctionsPlus

Numbers offered on the national online cattle marketing platform surged strongly again this week, reaching a 2017 high of 11,122 head – up 29pc or 2500 head on the week prior. PTIC heifers averaged $1568 and sold to $2500, while cows and calves averaged $2034. The post Surge in cow & calf and PTIC heifer… Read more »

Weekly Indicators: lots of neutrality edition

February data started out with a strong ISM manufaturing report, and also a positive non-manufacturing report.  The Chicago PMI was also very positive. Motor vehicle sales were stable. Consumer confidence made a new high.    Source: XE news feed Weekly Indicators: lots of neutrality edition

XE Market Analysis: Sterling Falls as UK Economy Starts to Slow

OVERVIEW Eurozone private sector business activity rose at its quickest pace in nearly six years in February, as the composite PMI rose sharply to 56.0. Retail sales fell for a third straight month in January, rising to 1.2% year-on-year despite unemployment being at its lowest level since 2009. The U.S. service sector saw activity growth… Read more »

More on real M1 and M2

I crunched a little more information about M1 and M2 after yesterday’s post. Basically both real M1 and M2 have gone sideways since early last August.  That’s what the first graph, monthly through January, normed to 100 as of last August, shows:   Source: XE news feed More on real M1 and M2

XE Market Analysis: North America – Mar 03, 2017

The dollar’s rally hit pause mode today, with USD-JPY nestling itself in the mid 114s, below yesterday’s 15-day high, while EUR-USD found a footing, aided by general euro gains after encouraging PMI data out of the Eurozone. Cable and USD-CAD were exceptions as the pound took a knock following a UK services PMI miss, while… Read more »

XE Market Analysis: Europe – Mar 03, 2017

The dollar rally has come to a pause. EUR-USD has settled in the low1.05s and USD-JPY in the low 114s, below the respective nine-day low at 104.96 and a 15-day peak 114.59 of yesterday. The Aussie dollar and other dollar bloc currencies have also steadied after dropping sharply over the last day, which was concomitant… Read more »

Warning over lead-poisoned cows after livestock theft in Tasmania

Offered a meat tray going cheap in Tassie? Before you accept it, police have issued a warning over lead-poisoned cows that were stolen and slaughtered. Source: ABC Livestock Warning over lead-poisoned cows after livestock theft in Tasmania

Sheep Central tours UK saleyards with VIC yard managers

Sheep Central editor Terry Sim is joining a Victorian saleyard managers’ tour of Uniting Kingdom and Holland saleyards from next week in a timely sheep electronic identification fact-finding mission. The post Sheep Central tours UK saleyards with VIC yard managers appeared first on Sheep Central. Source: Sheep Central Sheep Central tours UK saleyards with… Read more »

Feedlots again starting to fill, as dry weather bites hard

Feedlots offering custom feeding services for clients are reporting elevated inquiry from producers over placements during the past few weeks, as dry conditions intensify across large parts of Qld and NSW. And Darling Downs agents report a waiting list of three to four weeks for sale of feeder cattle to some downs feedlots, as more… Read more »

Feed grain update: “It was bloody hot and uncomfortable out there”

Aussie cricketer Matt Renshaw and Australian grain markets had plenty in common last week. The post Feed grain update: “It was bloody hot and uncomfortable out there” appeared first on Beef Central. Source: Beef Central Feed grain update: “It was bloody hot and uncomfortable out there”

Success at the 2017 Glen Innes Show

Congratulations goes to Riverina customers Peter and Julie Donnelly on their success in the Prime Lambs section at the 2017 Glen Innes Show. Riverina Sales Manager Tony Grob was on hand to be part of the awards ceremony as Riverina was one of the sections sponsors. We also would like to congratulate Riverina client Chris… Read more »

Australian Wool Innovation’s research general manager moving on

AUSTRALIA’S top wool research, development and marketing body will lose its general manager of research Dr Paul Swan in April. The post Australian Wool Innovation’s research general manager moving on appeared first on Sheep Central. Source: Sheep Central Australian Wool Innovation’s research general manager moving on

Recruitment: Interaction between junior and senior generations in a family cattle business

This week’s recruitment article takes a departure from our usual subject matter to focus on another important issue in many livestock businesses across the country – the interaction between the junior and senior generations in a family beef business. The post Recruitment: Interaction between junior and senior generations in a family cattle business appeared first… Read more »

XE Market Analysis: Asia – Mar 02, 2017

The dollar rallied in N.Y. on Thursday, taking the DXY to nearly two-month highs. Another round of hawkish Fedspeak upped the odds for a March Fed rate hike, which kept the greenback buoyant overall. The economic calendar was light, though 40-plus lows for weekly jobless claims helped the USD to an extent. EUR-USD printed the… Read more »