Month: April 2017

US Equity and Economic Review: Don't Worry About the Weak 1Q GDP Number Just Yet

     On Friday, the BEA released the advanced report of 1Q GDP, which was a disappointing .7%.  However, this continues this expansion’s trend of weak 1Q numbers.  Since 2010, the average Q/Q GDP growth rate has been 1% while the median rate is 1.3%.  Several Federal Reserve governors and presidents have discussed this seasonality problem… Read more »

International Economic Week in Review: Japan and the EU Hold Rates Steady

     This week’s big news was the French election, which will now move to a run-off between Marie Le Pen and Francis Macron on May 7.  Global equity markets rallied immediately after the election, believing that Macron was more or less guaranteed a win. Source: XE news feed International Economic Week in Review: Japan… Read more »

Weekly Indicators: credit conditions debut positive edition

In the rear view mirror, Q1 GDP came in low but positive. The long leading indicator components of real private residential spending and proprietors’ incomes were both positive. On the other hand, employment costs for Q1, while strong nominally, were neutral or even negative after taking inflation into account.   Source: XE news feed … Read more »

Meet the women staying on to work the land on their own

Life in the outback can be challenging, but the close-knit communities have a powerful draw, as three western Queensland women discovered following life-changing tragedies. Source: ABC Livestock Meet the women staying on to work the land on their own

XE Market Analysis: Asia – Apr 28, 2017

FX trade was relatively subdued in N.Y. on Friday, leaving the dollar narrowly mixed by the close. A softer Q1 GDP revision coupled with firmer price indicators provided modest support to the greenback early on, though those gains largely reversed themselves through the morning. EUR-USD topped near 1.0935 before slipping to 1.0884 lows, while USD-JPY… Read more »

XE Marketing Analysis: Euro Rallies on Stronger Inflation

OVERVIEW US Q1 GDP growth was just 0.7% year-over-year, the weakest pace in three years. Eurozone inflation rose at a faster than expected pace in April and core CPI rose to a 3-year high. UK GDP growth came in below expectations at 0.3% quarter-over-quarter. Japanese consumer price inflation rose at an annual pace of just… Read more »

XE Market Analysis: North America – Apr 28, 2017

The euro rallied on the flash Eurozone CPI released, which came in at 1.9% y/y in the preliminary April figure, above the 1.8% median forecast and up from 1.4% in March. EUR-USD logged a two-session high at 1.0947, coming within 3 pips of Wednesday’s six-month high, while EUR-JPY has lifted into six-week territory. Cable rallied… Read more »

Big surge in AuctionsPlus numbers, as mercury plummets

Cattle numbers on AuctionsPlus this week lifted 18pc or 1770 head on the previous week, totalling 11,482 head, as the mercury dropped in many regions. The clearance rate for commercial stock was 70pc. Cow and calf offerings were limited, but high prices were still seen across the eastern states. The post Big surge in AuctionsPlus… Read more »

XE Market Analysis: Europe – Apr 28, 2017

Narrow ranges have been prevailing among the main currency pairings so far today. EUR-USD has settled in the mid 1.08s, below the five-month high seen mid week at 1.0950. USD-JPY has steadied to a narrow range in the low 111.0s, below the four-week high set on Wednesday at 111.78 following the Trump administration’s announcement of… Read more »

Short supply sees US imported grinding beef price tracking above domestic

Short supply of beef out of Australia and NZ is helping maintain prices for imported lean grinding beef in the US well above equivalent domestic supplies. One estimate this week suggests total Australian shipments to the US in April might struggle to reach 12,000t, the lowest level since January and a fraction of shipments for… Read more »

Gippsland farmer switches from beef to dairy

A Victorian farmer has not let last year’s milk price crash stop him transitioning his beef cattle farm to dairy production. Source: ABC Beef Cattle Gippsland farmer switches from beef to dairy

Collaboration call as AWI board receives latest Wool Exchange Portal reports

WOOL industry attitudes to change need to be addressed collaboratively for the proposed Wool Exchange Portal to succeed, according to the operator of Australia’s only online wool marketing platforms. The post Collaboration call as AWI board receives latest Wool Exchange Portal reports appeared first on Sheep Central. Source: Sheep Central Collaboration call as AWI… Read more »

e-Bale project trials wool data transfer from farm to warehouse + VIDEO

ELECTRONIC transfer of wool clip information from farm to warehouse is being trialled in the second stage of the Australian Wool Exchange’s e-Bale project. The post e-Bale project trials wool data transfer from farm to warehouse + VIDEO appeared first on Sheep Central. Source: Sheep Central e-Bale project trials wool data transfer from farm… Read more »

Managing risk critical in a drying WA climate: Nuffield scholar

The need for techniques to improve grain yields and manage costs in the face of a drying climate is common to many areas around the world, but in the Eastern Wheatbelt of Western Australia it is even more critical. The post Managing risk critical in a drying WA climate: Nuffield scholar appeared first on Grain… Read more »

On-farm wifi system opens up new world of opportunity for WA farmer

A Western Australian farmer has boldly stepped into the digital age by pioneering the installation of an intranet network across his entire property to create new management opportunities and better-connect the business remotely. The post On-farm wifi system opens up new world of opportunity for WA farmer appeared first on Beef Central. Source: Beef… Read more »

Recruitment: Hiring to avoid future firing

If you’re an agribusiness employer who doesn’t come from a HR background, or you simply don’t have the resources to hand-ball the task to a recruitment specialist, how do you find reliable staff that will end up shining, rather than causing problems? Here are some approaches that draw on trends noted from some of the… Read more »

XE Market Analysis: Asia – Apr 27, 2017

The dollar was mixed in N.Y. trade on Thursday, posting gains versus the euro and CAD, while losing ground to sterling and the yen. ECB chief gave no hint of tapering, as some in the markets had feared, resulting in EUR-USD’s slippage to 1.0853 lows, from a top of 1.0933. USD-JPY fell into 111.05 on… Read more »

Beef Central’s beef news quiz – April 2017

Test your knowledge of current Australian beef industry news with Beef Central’s monthly quiz. The post Beef Central’s beef news quiz – April 2017 appeared first on Beef Central. Source: Beef Central Beef Central’s beef news quiz – April 2017

XE Market Analysis: Euro Falls After ECB Meeting

OVERVIEW The ECB’s “very accommodative” monetary policy was kept on hold as inflation continues to undershoot its target. The Bank of Japan kept monetary policy unchanged while giving its most optimistic assessment of the economy in almost a decade. Donald Trump’s top economic team unveiled plans for the biggest tax cut in US history. US… Read more »

Dubbo sale 27 Apr 2017: Young cattle 8c dearer

Young cattle to the trade were 8c dearer with strong support coming from a Central tableland processor along with good competition from a Melbourne based processor. The post Dubbo sale 27 Apr 2017: Young cattle 8c dearer appeared first on Beef Central. Source: Beef Central Dubbo sale 27 Apr 2017: Young cattle 8c dearer

XE Market Analysis: North America – Apr 27, 2017

EUR-USD has been settled around 1.0900 into the ECB’s policy decision today, below yesterday’s five-month peak at 1.0950. The unveiling of Trump’s tax cut plan had little impact on this pairing, nor on global stock markets, with details about how the cuts will be paid for lacking at this time. Markets will now be looking… Read more »

XE Market Analysis: Europe – Apr 27, 2017

EUR-JPY continued as the dominant mover in forex markets today. Expectations for U.S. tax cuts and the perceived passing of political existential risk in the Eurozone have continued to feed a global stock market rally, a backdrop which is keeping the yen under pressure. A Reuters article, meanwhile, citing unnamed sources, reported that ECB members… Read more »

Santa & Santa Infused Show & Sale

It was that time of year again! For the seventh year in a row, recently on 21st April, Warwick held its Annual Santa & Santa Infused Show and Sale. Riverina was proud to be a sponsor of this event. This photo shows our Warwick branch’s sales manager, Tony Grob, with Liz Piggott. Liz and her… Read more »

Self-funded wild dog fence rises in Queensland's Bulloo Shire

A sheep producer in Queensland’s south-west who is fully funding a wild dog exclusion fence around his property says government grants should be available to individuals. Source: ABC Livestock Self-funded wild dog fence rises in Queensland’s Bulloo Shire

Contractors pitch for harvesting rate rise

Contract harvesting charges need to rise to reflect the real cost of the service at a time when an exponential hike in costs threatens the viability of operators, according to Australian Custom Harvesters NSW representative, Rod Gribble. The post Contractors pitch for harvesting rate rise appeared first on Grain Central. Source: Grain Central Contractors… Read more »

Teys to launch its own pasturefed standard, as alternative to PCAS

Teys Australia is establishing its own Pasturefed Standard to underpin the company’s Grasslands branded beef program, meaning that from June, grassfed beef producers will have two options in how they supply cattle for the Teys grassfed natural beef program – the existing industry-backed Pasturefed Cattle Assurance System (PCAS), or the company’s own new pasturefed standard,… Read more »

Have you started buying cheap milk again? You're not alone

When farmers put out the call to turn our backs on cheap supermarket milk, thousands of Australians followed suit. But many of us have been lured back into buying the less expensive option. Source: ABC Livestock Have you started buying cheap milk again? You’re not alone

Indonesian feedlot selling its Northern Territory cattle station

An Indonesian feedlotting company is selling its Northern Territory cattle station to concentrate on backgrounding cattle instead of breeding. Source: ABC Beef Cattle Indonesian feedlot selling its Northern Territory cattle station

MLA launches action plan for pasture dieback in Central Qld

Meat & Livestock Australia (MLA) has announced an action plan to map and address recent pasture dieback across many parts of Central Queensland and the South Burnett region. The post MLA launches action plan for pasture dieback in Central Qld appeared first on Beef Central. Source: Beef Central MLA launches action plan for pasture… Read more »

Seasonal climate outlook May-July 2017 + VIDEO

May to July rainfall is likely to be below average over the southern two-thirds of mainland Australia, according to the latest Seasonal Climate Outlook statement released this morning by the Bureau of Meteorology. The post Seasonal climate outlook May-July 2017 + VIDEO appeared first on Beef Central. Source: Beef Central Seasonal climate outlook May-July… Read more »

XE Market Analysis: Trump Targets Loonie

Trump’s tough talk on trade has caused the Loonie to fall.   Lumber Fire The Loonie has come under fire in the second half of the week after President Trump imposed a new 20% tariff on Canadian softwood lumber.  Source: XE news feed XE Market Analysis: Trump Targets Loonie

XE Market Analysis: Asia – Apr 26, 2017

The dollar moved higher in N.Y. trade on Wednesday, ahead of the tax reform announcement, helped early on by positive U.S. tax reform talk and higher stocks. USD-JPY was choppy, though managed near one-month highs of 111.76 as Treasury Secretary Mnuchin called for 15% corporate tax rates, and a 10% tax on repatriated profits. EUR-USD… Read more »

XE Market Analysis: Loonie Under Pressure

OVERVIEW Markets are quiet today with a lack of fresh stimulus. Investors await details, due today, on Trump’s major tax reforms. Australian inflation rose 0.5% in the first quarter, driving the annual pace of CPI to 2.1%. HIGHLIGHT The Canadian Dollar hit a 14-month low versus its American counterpart after the US announced tariffs on… Read more »

Weekly rainfall wrap + 14 day outlook, 27 Apr 2017

Rainfall was recorded in Western Australia, South Australia, Victoria, Tasmania, western and southern New South Wales, far eastern and northern Queensland, and in the northern Top End and southwest corner of the Northern Territory. The post Weekly rainfall wrap + 14 day outlook, 27 Apr 2017 appeared first on Beef Central. Source: Beef Central … Read more »

Investing in rural health brings dollar returns to local economies (and improves health)

The government isn’t investing enough in rural and remote health because of its failure to recognise the comprehensive impact of health care funding as a driver for local economic development, writes the University of Sydney’s Lesley Russell. The post Investing in rural health brings dollar returns to local economies (and improves health) appeared first on… Read more »

NSW producers to discuss research priorities at Pooncarie

Western New South Wales livestock producers have the opportunity to find out more about regionally relevant research, development and adoption (RD&A) that could be beneficial to their business at the Pooncarie Field Day on 6 May. The post NSW producers to discuss research priorities at Pooncarie appeared first on Beef Central. Source: Beef Central … Read more »

US beef leader welcomes President Trump’s ag commitment

The National Cattlemen’s Beef Association has welcomed the interest United States President Donald Trump is taking in the agricultural sector, saying he is sending clear signals that he is interested and engaged in helping boost rural America. The post US beef leader welcomes President Trump’s ag commitment appeared first on Beef Central. Source: Beef… Read more »

Money and financial long leading indicators update

The basic financial indicators of money, credit, and interest rates tend to be the longest leading indicators, as they set the basic backdrop for business and consumer borrowing in order to spend. Source: XE news feed Money and financial long leading indicators update

XE Market Analysis: North America – Apr 26, 2017

The yen rebounded from fresh lows as the “Macron-trade” paused. USD-JPY was back to near net unchanged at 111.16 bid as of the late London AM session, having earlier clocked a 16-day peak at 111.63. EUR-JPY ebbed to around 121.20 after earlier trading in six-week high territory near 122.00. The moves came as the global… Read more »

Weekly Property Review – Exploring the detail in property leasing options

This week we continue our scrutiny of the merit of leasing grazing land, looking at rental yields and legal issues surrounding such lease arrangements – both important fundamentals that require careful consideration when considering leasing as an option. The post Weekly Property Review – Exploring the detail in property leasing options appeared first on Beef… Read more »

XE Market Analysis: Europe – Apr 26, 2017

EUR-JPY continued as the dominant mover in forex markets today. Expectations for U.S. tax cuts and the perceived passing of political existential risk in the Eurozone have continued to feed a global stock market rally, a backdrop which is keeping the yen under pressure. A Reuters article, meanwhile, citing unnamed sources, reported that ECB members… Read more »

Weekly kill: Short week impacts starting to come to a close – what lies ahead?

Given the over-arching shortage of slaughter cattle across eastern Australia this year, few if any processors are complaining about the holiday disruptions during April to normal processing operations. The short weeks are also having a positive impact in another sense: chilled and frozen inventories in cold storage have tightened-up considerably. The post Weekly kill: Short… Read more »

Wool grower-owned Graziers Investment Company reclaims $690,000 from India

WOOL grower-owned Graziers Investment Company Ltd expects to receive $A690,000 of its funds held by the Reserve Bank of India this financial year as it prepares to distribute an estimated $20 million in assets to GIC shareholders this year. The post Wool grower-owned Graziers Investment Company reclaims $690,000 from India appeared first on Sheep Central. … Read more »

Farm wifi system opens up new world of opportunity for WA farmer

A Western Australian farmer has boldly stepped into the digital age by pioneering the installation of an intranet network across his entire property to create new management opportunities and better-connect the business remotely. The post Farm wifi system opens up new world of opportunity for WA farmer appeared first on Grain Central. Source: Grain… Read more »

Weekly rainfall wrap + 14 day outlook, 26 Apr 2017

Rainfall during the past week was recorded across the Top End and far southwest of the Northern Territory; northern, central and southern parts of Western Australia; western Tasmania; coastal New South Wales and a small pocket in the north of the State, and in the far northeast of Queensland. The post Weekly rainfall wrap +… Read more »

Class action launched over contaminated sorghum seed

Queensland legal firm Creevey Russell Lawyers has officially launched a class action on behalf of sorghum growers impacted by the aggressive shattercane weed produced by contaminated seeds. The post Class action launched over contaminated sorghum seed appeared first on Grain Central. Source: Grain Central Class action launched over contaminated sorghum seed

Nidera Australia joins COFCO

Nidera Australia has this week officially joined forces with COFCO, sealing many months of work to enmesh the Australian company within the global business. The post Nidera Australia joins COFCO appeared first on Grain Central. Source: Grain Central Nidera Australia joins COFCO

Managing grass, in advance, is key benefit with online grazing management tool

Northern NSW beef producer Stuart Austin says the ability to ‘measure and manage grass’ using new grazing management tools plays a critical role in the performance of Willmot Cattle Co’s 1800ha intensively-managed grazing property near Ebor, east of Armidale. The post Managing grass, in advance, is key benefit with online grazing management tool appeared first… Read more »

Traditional Anzac Day grain sowing start delayed by rain

Anzac Day is the traditional start to winter grain crop sowing in western Victoria, but many cannot start this year because there is too much rain. Source: ABC Grain Traditional Anzac Day grain sowing start delayed by rain

Victoria’s biosecurity to get $44.4 million fillip

VICTORIAN government support for the mandatory electronic tagging in sheep and goats will continue as part of a $44.4 million two-year commitment to biosecurity included in Victoria’s 2017-18 budget. The post Victoria’s biosecurity to get $44.4 million fillip appeared first on Sheep Central. Source: Sheep Central Victoria’s biosecurity to get .4 million fillip

Grain supply chain costs under scrutiny in South Australia

Grain Producers SA has welcomed the SA Government’s decision to instruct the Essential Services Commission of SA (ESCOSA) to review bulk grain supply chain costs in the state on behalf of grain producers. The post Grain supply chain costs under scrutiny in South Australia appeared first on Grain Central. Source: Grain Central Grain supply… Read more »

Creswick Woollen Mills expects to lift visitor levels with $500,000 grant

CRESWICK Woollen Mills will use a $500,000 Victorian Government grant to boost visitor numbers to the popular international tourist destination. The post Creswick Woollen Mills expects to lift visitor levels with $500,000 grant appeared first on Sheep Central. Source: Sheep Central Creswick Woollen Mills expects to lift visitor levels with 0,000 grant

Come to Melbourne to learn how to print your next red meat meal

RED meat opportunities for using 3D printing technology will be a key focus of the 3D Food Printing Conference Asia-Pacific in Melbourne next week. The post Come to Melbourne to learn how to print your next red meat meal appeared first on Sheep Central. Source: Sheep Central Come to Melbourne to learn how to… Read more »

Sheep disease and bio-security focus at western New South Wales workshops

WESTERN New South Wales landholders throughout the Western region have the opportunity to increase their on-farm bio-security and sheep disease knowledge at two workshops in May. The post Sheep disease and bio-security focus at western New South Wales workshops appeared first on Sheep Central. Source: Sheep Central Sheep disease and bio-security focus at western… Read more »

XE Market Analysis: Asia – Apr 25, 2017

The dollar was mixed in N.Y. trade on Tuesday, leaving EUR-USD at four-plus month highs of 1.0949, and USD-JPY at two-plus week highs of 111.10. USD-CAD surged to 14-month top of 1.3626, while cable gravitated to 1.2845 highs. The euro was supported by the French election result, and reports the ECB may shift its policy… Read more »

Which production attributes do consumers rate when buying beef, chicken, milk and eggs?

A recent University of Illinois study ranks which production attributes are most important to buyers for four different products: beef, chicken, milk, and eggs. The post Which production attributes do consumers rate when buying beef, chicken, milk and eggs? appeared first on Beef Central. Source: Beef Central Which production attributes do consumers rate when… Read more »

Beef Central beef briefs 26 Apr 2017

Warm oceans fuel late end to big wet season; Conagra buys meat snack business; Changes to 457 visa program must consider red meat impacts; 3D Food Printing Conference to be held next week; NSW biochar research internationally recognised; VFF lauds $4 million insurance savings for farmers; Applications open for Young Food Innovators program; Qld farmers… Read more »

Beef Central beef briefs 28 Apr 2017

Warm oceans fuel late end to big wet season; Conagra buys meat snack business; Changes to 457 visa program must consider red meat impacts; 3D Food Printing Conference to be held next week; NSW biochar research internationally recognised; VFF lauds $4 million insurance savings for farmers; Applications open for Young Food Innovators program; Qld farmers… Read more »

XE Market Analysis: Markets Less Worried about Le Pen Risk

OVERVIEW Markets remain positive following yesterday’s impressive gains as investors turn their attention to Trump’s tax plans. UK government borrowing came in slightly higher than forecast for March. US Commerce Secretary Willbur Ross announced import duties on Canadian softwood lumber. Expectations of UK consumer inflation over the coming year remained steady at 2.5% in April…. Read more »

XE Market Analysis: North America – Apr 25, 2017

The euro remained buoyant, led by EUR-JPY gains, as markets continued to discount that France will end up with a pro-EU president at the runoff elections on May 7. EUR-USD lifted above 1.0890, drawing back yesterday’s post-French election high at 1.0906. EUR-JPY rallied to a fresh one-month peak at 120.45, well up on yesterday’s New… Read more »

XE Market Analysis: Europe – Apr 25, 2017

The euro and other currencies settled today after the euro rally of yesterday. USD-JPY and EUR-JPY remained below the highs clocked in the initial minutes of trade yesterday. USD-JPY lifted from the mid 109s and established a narrow range in the lower 110s, holding below the two-week high of yesterday at 110.63 but well up… Read more »

Weekly genetics review: Bull demand and prices holding up well in 2017

Genetics editor Geoff Phillips wraps up the 2017 autumn bull selling season in this week’s genetics review, and starts to cast an eye over prospects for the spring bull selling season that lies ahead. The post Weekly genetics review: Bull demand and prices holding up well in 2017 appeared first on Beef Central. Source:… Read more »

Study tour opportunity for young seedstock industry stakeholders

The Australian Registered Cattle Breeders Association has launched a Youth Scholarship for travel overseas next year to further the education of a young cattle seedstock industry stakeholder. The post Study tour opportunity for young seedstock industry stakeholders appeared first on Beef Central. Source: Beef Central Study tour opportunity for young seedstock industry stakeholders

Wheat's genetic mapping a boost to international food security

An international team of scientists has this week published the world’s most comprehensive analysis of the wheat genome, bringing hopes of reaching a UN target to double crop yields by 2050. Source: ABC Grain Wheat’s genetic mapping a boost to international food security

Mustering fires up across the Kimberley

Thousands of cattle are on the move in the Kimberley as stations launch into their mustering programs after a big wet season. Source: ABC Beef Cattle Mustering fires up across the Kimberley

SA's record-breaking lentil crop on the move

South Australia has taken the mantle as the biggest lentil producer in the country, according to Primary Industry and Regions SA’s latest crop report. Source: ABC Grain SA’s record-breaking lentil crop on the move

WA alpaca breeder honours pets in backyard cemetery

An alpaca breeder in Albany, Western Australia, has such a strong bond with his animals, he immortalises them in an alpaca cemetery when they die. Source: ABC Livestock WA alpaca breeder honours pets in backyard cemetery

XE Market Analysis: Asia – Apr 24, 2017

The dollar was mixed in N.Y. trade on Monday, posting gains versus the euro, pound and CAD, while losing ground to the yen, despite the risk-on backdrop. EUR-USD topped at 1.0873 in morning dealings, before putting in a floor at 1.0835. USD-JPY meanwhile, held the 110 handle through most of the session, before dipping to… Read more »

XE Market Analysis: Euro Hits a 2017 High

OVERVIEW Equity markets are significantly higher and France’s cost of borrowing has fallen sharply after the first round of France’s presidential election turned out to be in line with opinion polls. The German central bank is expecting growth to have accelerated in the first quarter as strong industrial orders, increased private consumption, and a rebound… Read more »

XE Market Analysis: North America – Apr 24, 2017

The euro surged on news that pro-EU Macron won the biggest slice of the vote in the French presidential election on Sunday, and is now favourite to beat Le Pen by a wide margin in the runoff election on May 7. Although off the highs, EUR-USD was still showing a 1.2% gain on the day… Read more »

XE Market Analysis: Europe – Apr 24, 2017

The euro has surged on news that pro-EU Macron won the biggest slice of the vote in the French presidential election on Sunday, and is now favourite to beat Le Pen by a wide margin in the second-round runoff election on May 7. Although of the highs, EUR-USD is still showing a 1.2% gain on… Read more »

400 heading for Albury Wagyu conference

The largest Wagyu conference ever held in Australia will see more than 400 delegates from all Australian states plus the US, Japan, New Zealand, South Africa and the United Kingdom heading for Albury on the NSW/Victorian border from May 1 to 5. The post 400 heading for Albury Wagyu conference appeared first on Beef Central. … Read more »

Scanned Merino ewes sell to $251, Dohnes to $250, on AuctionsPlus

MERINO and Dohne ewe sales continued to feature on AuctionsPlus last week, as sheep and lamb numbers lifted slightly. Sheep and lamb numbers lifted 403 to 30,486 head of commercial stock last week. The post Scanned Merino ewes sell to $251, Dohnes to $250, on AuctionsPlus appeared first on Sheep Central. Source: Sheep Central … Read more »

Young food innovators wanted for intensive 12-month MLA program

YOUNG food producers with innovative ideas have only this week to join an intensive program to improve their market insights and capabilities. The post Young food innovators wanted for intensive 12-month MLA program appeared first on Sheep Central. Source: Sheep Central Young food innovators wanted for intensive 12-month MLA program

Launch event and webinar: Financial transformation for the beef industry – improving producer net wealth

Agrihive and its partners are holding a launch event on Wednesday, May 10, which focuses on driving profits and performance for cattle producers to a new level. The post Launch event and webinar: Financial transformation for the beef industry – improving producer net wealth appeared first on Beef Central. Source: Beef Central Launch event… Read more »

AA Co announces property revaluation

The Australian Agricultural Company Limited has today announced a $44.3m increase in the value of the company’s property portfolio at 31 March 2017 from $615.1m to $659.4m, following an independent valuation by CBRE Valuations Pty Ltd. The post AA Co announces property revaluation appeared first on Beef Central. Source: Beef Central AA Co announces… Read more »

MLA seeking proposals for $10,000 grass-roots producer event grants

MEAT & Livestock Australia is calling on organisers of grass-roots producer events in the 2017/18 financial year to submit their applications for sponsorship funding. The post MLA seeking proposals for $10,000 grass-roots producer event grants appeared first on Sheep Central. Source: Sheep Central MLA seeking proposals for ,000 grass-roots producer event grants

Wagga sale 24 Apr 2017: Prices 10-33c dearer

A shortage of stock due to the Easter holiday break lifted rates at Wagga in a yarding of 3,320. The post Wagga sale 24 Apr 2017: Prices 10-33c dearer appeared first on Beef Central. Source: Beef Central Wagga sale 24 Apr 2017: Prices 10-33c dearer

US Bond Market Week in Review: A More Nuanced Understanding of the Declining Labor Force Participation Rate

    The Federal Reserve is subject to a dual mandate: price stability and maximum employment.  Although the unemployment rate is the most commonly reported labor market statistic, since the end of the great recession analysts have correctly observed there are several other methods of measuring the labor market’s health.  Additionally, over the last several… Read more »

International Economic Week in Review: The Trend of Positive Global News Continues

     Starting in the 4Q16, survey data released by Markit saw a pronounced improvement in sentiment.  This was accompanied by the UK’s surprising post-Brexit growth, Canada’s continued exit from its shallow recession, stronger 4Q16 Chinese numbers and nuanced but noticeable improvement in numbers from Japan.  The IMF acknowledges these improving numbers in their latest global… Read more »

US Equity and Economic Review: The Trump Trade is Over

     On Thursday, the Conference Board released the latest leading and coincident economic indicators.  There are 2 reasons there are some of my favorite statistics.  First, they organize 14 economic indicators in an easy-to-understand format.  Second, they have a long history of accurately predicting the overall pace of growth.  A combined reading of the Conference… Read more »

Ag-tech: Virtual fencing technology getting closer to commercial phase

The company behind the development of collar-based virtual fencing technology plans to release a prototype version of its product around mid-year, in the next stage towards commercial launch. The post Ag-tech: Virtual fencing technology getting closer to commercial phase appeared first on Beef Central. Source: Beef Central Ag-tech: Virtual fencing technology getting closer to… Read more »

Expressions of interest sought for NT’s Willeroo Station

The Indonesian owners of Willeroo Station on the Victoria Highway west of Katherine, NT, have confirmed they intend to seek expressions of interest in the purchase of the 170,000ha property from qualified interested parties. The post Expressions of interest sought for NT’s Willeroo Station appeared first on Beef Central. Source: Beef Central Expressions of… Read more »

St George to host SCA Future Flock forum

Sheep producers in Queensland and Northern NSW can hear from industry experts on strategies to rebuild the sheep flock at a forum planned for St George later this month. The post St George to host SCA Future Flock forum appeared first on Sheep Central. Source: Sheep Central St George to host SCA Future Flock… Read more »

Weekly Indicators: purchase mortgage applications turn negative edition

March data included an increase in building permits, which helped lift the Index of Leading Indicators to a strong positive reading. Starts, however, declined. Industrial production and capacity utilization were up, although the manufacturing element of production had its first decline in six months. Existing home sales were the highest in ten years.   … Read more »

Property: Darling Downs feedlot to test market

A well-developed smaller commercial feedlot on Queensland’s Southern Downs region has been listed for sale – unlocking an attractive investment opportunity in one of the state’s most sought-after agricultural regions. The post Property: Darling Downs feedlot to test market appeared first on Beef Central. Source: Beef Central Property: Darling Downs feedlot to test market

Big jump in AuctionsPlus listings, as winter approaches

With Easter over and cattle business getting back to normal, numbers offered on the online marketing platform more than tripled this week, rising to 9713 head. Recent rainfall across eastern parts of Australia have ensured that prices on most lines remained high. The post Big jump in AuctionsPlus listings, as winter approaches appeared first on… Read more »

XE Market Analysis: Asia – Apr 21, 2017

FX trade was quite in N.Y. on Friday, though the dollar was generally higher, leaving the DXY trading on either side of 100, its best levels since Monday. EUR-USD bottomed at 1.0686 after topping at 1.0911 early in the session. USD-JPY meanwhile, perked up to 109.32 from lows of 108.89. USD-CAD rallied on cooler CPI… Read more »

XE Market Analysis: Eurozone Growth Accelerates

OVERVIEW Markets are relatively stable heading into the first round of the French presidential election with the latest polls showing a slight dip in Marine Le Pen’s popularity. UK data showed a jump in inflation due to the Pound’s fall since Brexit is putting more pressure on consumers as retail sales fell 1.8% in March…. Read more »

XE Market Analysis: North America – Apr 21, 2017

The euro has come under moderate pressure, despite forecast-beating Eurozone PMI figures in preliminary April readings, and a rise in the Eurozone current account surplus. EUR-USD has dipped to the 1.0700 area, putting in some distance from yesterday’s three-week high at 1.0737. EUR-JPY, EUR-AUD and other euro crosses are also down. The declines reflect the… Read more »

XE Market Analysis: Europe – Apr 21, 2017

The dollar majors have been plying narrow ranges with the risk-off trade taking a breather but positional commitment remaining low into France’s election on Sunday. EUR-USD has settled in a narrow range just below yesterday’s three-week high at 1.0737, and USD-JPY has settled in the upper 108s. Gains above 109.00 in the case of the… Read more »

Wool forecast lifted 4.3pc with good season, more sheep shorn and extra sales

AUSTRALIA’S wool production is expected to increase to 339 million kilograms this financial year, but it might be too early to tell if this means the steady decline in farm fibre output for more than 20 years has turned around. The post Wool forecast lifted 4.3pc with good season, more sheep shorn and extra sales… Read more »

Solid growth seen in Organic beef production and trade

While exports fell significantly last year due to drought, beef continues to dominate statistics for Certified Organic food production in Australia, an important biennial industry survey has shown. Land either fully certified or in conversion for organic production in Australia now represents 53pc of all organic farmland in the world. The post Solid growth seen… Read more »

Johne’s: No property biosecurity plan? You may have fewer markets from June

Don’t ignore changes coming with new Johne’s rules on June 30, particularly if you sell cattle, stud or commercial, across borders into the Northern Territory or Western Australia. The post Johne’s: No property biosecurity plan? You may have fewer markets from June appeared first on Beef Central. Source: Beef Central Johne’s: No property biosecurity… Read more »