Month: April 2017

Graziers call for crocodile farms in Gulf of Carpentaria

Some graziers in the Gulf of Carpentaria say plans need to be put in place to control an increasing number of saltwater crocodiles. Source: ABC Beef Cattle Graziers call for crocodile farms in Gulf of Carpentaria

Record April rain soaks southern states

Two months’ worth of rain has fallen in the agricultural regions of South Australia and Victoria during the last 24 hours, with some areas breaking records for this time of the year. The post Record April rain soaks southern states appeared first on Grain Central. Source: Grain Central Record April rain soaks southern states

Sydney Royal grain young judge eyes ag future

It is perhaps no great surprise that the winner of the 2017 Sydney Royal Show young grain judging competition is eyeing a future career in agronomy. The post Sydney Royal grain young judge eyes ag future appeared first on Grain Central. Source: Grain Central Sydney Royal grain young judge eyes ag future

Recruitment: Ditch those annoying job ad buzzwords and phrases

We’re all guilty of it. Once a word or phrase is used repeatedly in the workplace or socially, we start using it ourselves. But it might be time to ditch some of this collection of over-used clichés, commonly used in job ads for positions across the cattle and beef industry. The post Recruitment: Ditch those… Read more »

Seaweed-fed cows could solve livestock industry's methane problems

Cattle on a CSIRO research station are being fed a mix of grains and seaweed, to see if eating algae drastically reduces methane emissions in cows. Source: ABC Livestock Seaweed-fed cows could solve livestock industry’s methane problems

Lotfeeders’ antimicrobial stewardship program creates world-first

In what is believed to be a first for the lotfeeding sector anywhere in the world, the Australian grainfed industry will soon have its own Antimicrobial Stewardship Framework to help guide judicious use of antimicrobials – minimising resistance while achieving high levels of animal health. The post Lotfeeders’ antimicrobial stewardship program creates world-first appeared first… Read more »

Central Australian 'legend' Ted Fogarty remembered

Ted Fogarty, 93, spent his life as a drover, station manager and bore plant owner, and leaves an impressive legacy. Source: ABC Livestock Central Australian ‘legend’ Ted Fogarty remembered

XE Market Analysis: Asia – Apr 20, 2017

The dollar was mostly firmer in N.Y. trade on Thursday, leaving EUR-USD at 1.0715 lows from a peak of 1.0776. USD-JPY meanwhile perked up on risk-on conditions, topping at 109.48, up from 108.98 lows. USD-CAD tested the 1.3500 level, printing new five-week highs, while cable slipped back toward 1.2800 from 1.2847. Incoming U.S. data revealed… Read more »

Breeder herd management property tours on offer to central Qld producers

Two innovative cattle breeding producers in north Queensland are opening their doors to producers in central Queensland to showcase their management strategies and success stories. The post Breeder herd management property tours on offer to central Qld producers appeared first on Beef Central. Source: Beef Central Breeder herd management property tours on offer to… Read more »

XE Market Analysis: Outlook for Global Growth Improving

OVERVIEW Markets are trading cautiously prior to the first round of the French presidential elections and concerns over North Korea. The Fed’s Beige Book reported modest-to-moderate growth across its 12 districts. Wages are rising but not necessarily increasing inflation. Fed Vice Chair Stanley Fischer said yesterday that foreign economies are in better shape to absorb… Read more »

Dubbo sale 20 Apr 2017: Mixed market for 4200 head

Not all the regular buyers were operating with the absence of both northern and southern feeder orders and a major Southern processor chose not to operate. The post Dubbo sale 20 Apr 2017: Mixed market for 4200 head appeared first on Beef Central. Source: Beef Central Dubbo sale 20 Apr 2017: Mixed market for… Read more »

Western Australian ag innovators eligible for $30,000 scholarships

WESTERN Australian agri-food innovators are being invited to apply for scholarships of up to $30,000. The scholarships are available to farmers and innovators in the agriculture and aquaculture sector to foster entrepreneurship and innovation. The post Western Australian ag innovators eligible for $30,000 scholarships appeared first on Sheep Central. Source: Sheep Central Western Australian… Read more »

XE Market Analysis: North America – Apr 20, 2017

The dollar and yen traded mostly softer against other currencies. EUR-USD punched above yesterday’s high at 1.0737, with the euro logging a fresh three-week high at 1.0777, extending the run higher from last week’s one-month low at 1.0569. Cable lifted back above 1.2800, and USD-CHF decline. USD-JPY, meanwhile, edged slightly high, as did USD-CAD, which… Read more »

Agriculture agency boss quits as Joyce's forced relocation to Armidale looms

The head of the agricultural agency being relocated to Deputy Prime Minister Barnaby Joyce’s Armidale office, Kareena Arthy, resigns amid the Federal Government’s ongoing decentralisation push. Source: ABC Livestock Agriculture agency boss quits as Joyce’s forced relocation to Armidale looms

XE Market Analysis: Europe – Apr 20, 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 »

Uniform state-by-state ag machinery movement regulations closer

Steady progress is being made towards standardising regulations for the movement of large agricultural equipment on public roads across the eastern seaboard and South Australia, with new orders expected by the end of this year. The post Uniform state-by-state ag machinery movement regulations closer appeared first on Grain Central. Source: Grain Central Uniform state-by-state… Read more »

Indefinite closures for JBS lamb plants, as supply challenge reaches critical point

JBS Australia has extended temporary closures at two of its southern lamb processing plants for an indefinite period, as livestock supply and price conditions continue to impact heavily on the processing industry. The post Indefinite closures for JBS lamb plants, as supply challenge reaches critical point appeared first on Beef Central. Source: Beef Central … Read more »

Early autumn break fires up NSW winter crop planting

It has been a positive start to autumn for many NSW crop producers with above average rainfall received across some areas of the state’s cropping regions. The post Early autumn break fires up NSW winter crop planting appeared first on Grain Central. Source: Grain Central Early autumn break fires up NSW winter crop planting

Cattleman turned conservationist tackles Cape York pests

A retired western Queensland cattleman is now at the forefront of conservation efforts in remote and pristine Cape York. Source: ABC Livestock Cattleman turned conservationist tackles Cape York pests

Pigmeat overtakes beef consumption in Australia

Figures hidden within an ABARES report released last year revealed a notable trend in Australian meat consumption patterns that passed by largely without notice. The post Pigmeat overtakes beef consumption in Australia appeared first on Beef Central. Source: Beef Central Pigmeat overtakes beef consumption in Australia

Kimberley live cattle export season starts

The Kimberley’s live export season begins with a cattle ship leaving Wyndham Port today bound for Indonesia. Source: ABC Beef Cattle Kimberley live cattle export season starts

Government expected to commit more than $1b to building inland rail

Farmers and the freight industry have lobbied governments for decades to build the inland rail that would move goods from Brisbane to Melbourne in less than 24 hours. Source: ABC Grain Government expected to commit more than b to building inland rail

Tasmanian butcher selling more saveloys than roast lamb

A butcher in Tasmania is selling more saveloys than lamb roasts these days as high prices put the Sunday staple out of reach for most families. Source: ABC Livestock Tasmanian butcher selling more saveloys than roast lamb

XE Market Analysis: Asia – Apr 19, 2017

The dollar managed modest gains against major currencies in N.Y. trade on Wednesday, though EUR-USD found buyers into the 1.0700 mark. USD-JPY meanwhile, topped at 109.18, though had difficulty holding the 109 handle in afternoon trade. Cable gave back some of Tuesday’s sharp gains, bottoming near 1.2770, while USD-CAD rallied to one-month highs as WTI… Read more »

Johne’s disease in cattle: the next phase

The next phase of the new, national approach to Johne’s disease (JD) in cattle is now approaching, with transitional arrangements for the Johne’s Beef Assurance Score (J-BAS) ending on 30 June 2017. The post Johne’s disease in cattle: the next phase appeared first on Beef Central. Source: Beef Central Johne’s disease in cattle: the… Read more »

ParaBoss set to expand to cattle

Beef producers will soon have a new tool to assist them in the fight against parasites, which cost Australian cattle producers in excess of $350 million annually, with the development of one national website for parasite control resources. The post ParaBoss set to expand to cattle appeared first on Beef Central. Source: Beef Central … Read more »

NVLX Wodonga 19 Apr 2017: Season reflected in young cattle prices

The shorter trading week because of the Easter holiday break drew a smaller than expected yarding of almost 1000 cattle at NVLX Wodonga. The post NVLX Wodonga 19 Apr 2017: Season reflected in young cattle prices appeared first on Beef Central. Source: Beef Central NVLX Wodonga 19 Apr 2017: Season reflected in young cattle… Read more »

XE Market Analysis: North America – Apr 19, 2017

The dollar lifted versus the yen, and was near net unchanged versus the euro and sterling, among other currencies, heading into the New York interbank open. EUR-USD edged out a new three-week high at 1.0737, surpassing yesterday’s peak by a pip. USD-JPY recouped to the upper 108.0s from sub-108.50 levels. The narrow USD index managed… Read more »

Australian scientists help map the barley genome

Global project to map barley genome will help barley crops adapt to climate change and improve malting to make better beer. Source: ABC Grain Australian scientists help map the barley genome

Weekly property review: To lease or not to lease, that is the question

Queensland grazing country is increasingly being leased as graziers and corporate owners alike seek to leverage their investment without taking on additional debt. The post Weekly property review: To lease or not to lease, that is the question appeared first on Beef Central. Source: Beef Central Weekly property review: To lease or not to… Read more »

XE Market Analysis: Europe – Apr 19, 2017

Dollar majors have remained relatively steady despite a discernibly risk-off backdrop. Asian stock markets followed Wall Street lower, while Japan’s 10-year JGB yield dipped below zero for the first time since last November on safe-haven demand for sovereign paper. USD-JPY remained settled in the mid 108s after making a rebound high yesterday at 109.22. A… Read more »

Orphaned calf finds unlikely foster mum in old mare

Outback Queensland graziers have been startled to find a calf suckling the teat of their mare who has never raised a foal. Source: ABC Livestock Orphaned calf finds unlikely foster mum in old mare

Legally speaking: Don’t lose your interests in livestock, crops and plant

The Personal Property Securities Act 2009 provides that individuals can now register security interests to protect their interests that were previously not registrable. This is particularly important in agribusiness and can impact on your interests in livestock, crops, produce, machinery and equipment. The post Legally speaking: Don’t lose your interests in livestock, crops and plant… Read more »

Cheaper US beef heightens appetite for export access to Australia

A yawning gap is emerging between the value of beef in the US and Australia later this year, which some stakeholders believe will heighten pressure from the US to re-gain access to the Australian domestic beef market after a 14-year absence. The post Cheaper US beef heightens appetite for export access to Australia appeared first… Read more »

SE Asia Report: Indonesian importers being squeezed from all sides

Weak demand is increasing the pressure on Indonesian lot feeders with some discounting of slaughter cattle during March to as low as Rp39,500. The post SE Asia Report: Indonesian importers being squeezed from all sides appeared first on Beef Central. Source: Beef Central SE Asia Report: Indonesian importers being squeezed from all sides

Weekly rainfall wrap + 14 day outlook, 19 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 »

Thomas Foods International and irrigators join electricity tender group

MAJOR South Australian-based red meat processor Thomas Foods International and Riverland irrigators are part of a joint electricity purchasing group that has won approval to tender for power supply. The post Thomas Foods International and irrigators join electricity tender group appeared first on Sheep Central. Source: Sheep Central Thomas Foods International and irrigators join… Read more »

Farmers call for a say on Federal Government’s 457 work visa changes

FARMERS in Western Australia and Victoria have joined the National Farmers Federation in calling for a say in the Federal Government’s plan to replace 457 visas for temporary skilled overseas workers. The post Farmers call for a say on Federal Government’s 457 work visa changes appeared first on Sheep Central. Source: Sheep Central Farmers… Read more »

Weekly kill: Holiday weeks again curtail eastern states kills

No surprise that beef kills across Eastern Australia were well back again last week, as the sequence of four holiday-shortened working weeks impacts on work rosters at all meatworks across the country. The post Weekly kill: Holiday weeks again curtail eastern states kills appeared first on Beef Central. Source: Beef Central Weekly kill: Holiday… Read more »

Organic 'greenwashing' prompts push for tighter food labelling laws

Australia’s certified organic industry is expected to be worth more than $2 billion by next year but it is fighting to ensure fake organic claims do not damage its reputation. Source: ABC Grain Organic ‘greenwashing’ prompts push for tighter food labelling laws

Processors concerned over government’s surprise 457 visa changes

The industry peak council representing the meat processing sector has expressed concern over the lack of consultation and resulting uncertainty following the Federal Government’s announcement today abolishing 457 visas. The post Processors concerned over government’s surprise 457 visa changes appeared first on Sheep Central. Source: Sheep Central Processors concerned over government’s surprise 457 visa… Read more »

XE Market Analysis: Pound Surges on Snap Election

OVERVIEW First quarter GDP growth for China came in above expectations at 6.9%, the fastest pace in six quarters. Concerns highlighted for the job and housing markets in the minutes from the RBA’s meeting.  US housing starts fell 6.8% to 1.21 million in March while building permits rose 3.6%. US industrial production rose as expected… Read more »

XE Market Analysis: Asia – Apr 18, 2017

The dollar index fell to near three-week lows in N.Y. on Tuesday, with risk-off conditions weighing. Geopolitical fears were exacerbated amid rumors that the U.S. was mulling a “shoot down” strategy (Guardian) on N. Korea missile tests in the event they coincide with nuclear tests. Wall Street was weaker too, hurt by those military fears,… Read more »

March housing and production: good news and bad news — relatively

If you are looking for some good news or some bad news on the state of the economy, this morning we got a little of both — on a relative basis. First, the good news, at least relatively speaking.  In the very forward looking housing report, permits tied for their second best reading since the… Read more »

Roma store 18 Apr 2017: Overall prices slightly back

Most of the usual buyers were in attendance and operating. Although overall prices were slightly back. The looming first frost is the motivator for early weaning. The post Roma store 18 Apr 2017: Overall prices slightly back appeared first on Beef Central. Source: Beef Central Roma store 18 Apr 2017: Overall prices slightly back

Processors concerned over government’s surprise 457 visa changes

The industry peak council representing the meat processing sector has expressed concern over the lack of consultation and resulting uncertainty following the Federal Government’s announcement today abolishing 457 visas. The post Processors concerned over government’s surprise 457 visa changes appeared first on Beef Central. Source: Beef Central Processors concerned over government’s surprise 457 visa… Read more »

XE Market Analysis: North America – Apr 18, 2017

The dollar traded mostly softer, losing most ground to the pound which rallied after UK PM May called a snap election for June 8, though the greenback gained ground versus the Australian dollar, which underperformed following the release of the RBA minutes from the early April policy meeting and after a dive in iron ore… Read more »

Weekly genetics review: Dramatic increase seen in AI use

The use of artificial insemination in Australian beef herds is accelerating dramatically, and surprisingly the biggest increase is being seen in commercial herds. The post Weekly genetics review: Dramatic increase seen in AI use appeared first on Beef Central. Source: Beef Central Weekly genetics review: Dramatic increase seen in AI use

XE Market Analysis: Europe – Apr 18, 2017

The dollar has been trading mixed as markets return to normal following the Easter break interruptions, gaining versus the yen and Australian dollar while losing ground to the pound and holding steady against the euro. We are taking a bearish view on EUR-USD into Sunday’s election in France, given two anti-EU candidates, Le Pen and… Read more »

Stone ground mill helps small family farmers value-add

A grain grower in Tasmania’s north-west has imported a stone ground mill from Austria to value-add and get more out of his small plot. Source: ABC Grain Stone ground mill helps small family farmers value-add

Ultimate Trainer for Jamie Seccombe

The last few weeks have been great for Jamie Seccombe Cutting Horses, congratulations are in order. Jamie and Reysn Hell won the Open at Southern Queensland Cutting Horse Association Condamine cutting with a second place in the $5,000 Novice on Lil Mis Sophisticat. The $15,000 novice Jamie and Reysn Hell placed second and equal third on Lil… Read more »

Dry-sowing spree kicks off big canola year in Western Australia

A dry spell in the lead up to winter crop sowing in Western Australia has seen a significant number of growers opt to dry sow canola this season, according to the latest crop report from the Grain Industry Association of Western Australia (GIWA). The post Dry-sowing spree kicks off big canola year in Western Australia… Read more »

MLA April projections update: Recent rain rejuvenates cattle market

While the cattle market outlook for the next six months remains positive for producers with stock to sell, it’s a scenario that won’t last forever, MLA says in its April quarterly update to the 2017 cattle industry projections, released this morning. The post MLA April projections update: Recent rain rejuvenates cattle market appeared first on… Read more »

Understanding price grids and carcase feedback webinar: Your questions answered

Almost 500 people registered for our recent Understanding Carcase Feedback webinar, which featured detailed presentations from Ben Robinson from AUS-MEAT and Jarrod Lees from Meat Standards Australia (MSA). More than 60 live questions were received, and here we publish the questions with answers from Ben and Jarrod. The post Understanding price grids and carcase feedback… Read more »

DEXA technology to feature at Teys southern producer day

An upcoming producer workshop being held at the Teys Jindalee feedlot in southern NSW will showcase emerging DEXA objective carcase measurement technology – one of the tools being developed by the company to build closer collaborative supply chain relationships with producers. The post DEXA technology to feature at Teys southern producer day appeared first on… Read more »

Queensland sheep producers seek annual $10m wild dog fence funding boost

QUEENSLAND’S sheep and wool producers want an annual $10 million increase in state and federal government funding for wild dog exclusion fencing. The post Queensland sheep producers seek annual $10m wild dog fence funding boost appeared first on Sheep Central. Source: Sheep Central Queensland sheep producers seek annual m wild dog fence funding boost

XE Market Analysis: Asia – Apr 17, 2017

The FX market was quiet on Monday, with liquidity lacking due to London’s extended Easter holiday. The dollar was lower against the euro and pound, while after some gyrations, ended about flat against the yen and CAD. Incoming U.S. data impacted marginally, with both the Empire State index and NAHB housing market index missing the… Read more »

RMAC seeks leaders to steer beef future

The Red Meat Advisory Council is seeking expressions of interest from red meat and livestock industry stakeholders who are interested in joining the Australian beef industry’s Sustainability Steering Group. The post RMAC seeks leaders to steer beef future appeared first on Beef Central. Source: Beef Central RMAC seeks leaders to steer beef future

Live exports lower for the first quarter

For the first quarter of 2017 feeder and slaughter cattle exports were back 45pc compared with 2016 levels, to 161,045 head, underpinned by lower availability of Australian cattle, high cattle prices and a range of in-market challenges. The post Live exports lower for the first quarter appeared first on Beef Central. Source: Beef Central … Read more »

XE Market Analysis: North America – Apr 17, 2017

The dollar has remained soft, led by USD-JPY, which is down for the fifth day out of the last six trading days. The pair logged a fresh four-month low at 108.12 during a thin Asian session. All the main European centres are closed today, and a number of Asia-Pacific centres were also out in observance… Read more »

Outback rodeo draws crowds with quirky donkey race

It may attract skilled competitors from across the Territory but the Aileron Rodeo is known for a slightly different signature event — the Mexican donkey race. Source: ABC Livestock Outback rodeo draws crowds with quirky donkey race

International Economic Week in Review: the EU, Canada and Japan are on the Mend

     Starting sometime in 4Q16, EU, Canadian and Japanese economic activity and sentiment began to increase.  For the EU and Japan, the monthly Markit manufacturing, service and composite report provided the first and strongest indications.  But other economic statistics such as unemployment and industrial production also bolstered to the impression.  As for Canada, oil’s… Read more »

US Equity and Economic Review: Is the "Trump Trade" Over?

     Trump’s election was the catalyst for a 16% stock market rally that started right after the election.  The Russell 2000 experienced the sharpest rally, rising slightly over 20% by early December.  The SPYs and QQQs rose at a slower pace.  Traders saw a near perfect political foundation for a rally: the Republicans controlled all… Read more »

US Bond Market Week in Review: A Closer Look at the Productivity Slowdown

     Despite its importance to economics, productivity is remarkably under-covered.   It receives barely a mention in the three macro books on my shelves.  Paradoxically, one of those books (Macroeconomics by Robert Gordon) argues that productivity is one of 6 primary macro topics.  In the current environment, ask any economist worth his or her salt, and… Read more »

Weekly Indicators: the Amazon.com effect edition

Preliminary U. Michigan consumer sentiment for April was positive, almost exclusively as to the present rather than expectations for the future.   Source: XE news feed Weekly Indicators: the Amazon.com effect edition

Weaned steers to 510c/kg in smaller AuctionsPlus offering

After the sequence of recent past weeks of record high listings on AuctionsPlus, the impact of the Easter long weekend saw listing numbers slip dramatically this week, with just 3208 head on offer. Lighter, younger cattle provided many of the sale highlights. The post Weaned steers to 510c/kg in smaller AuctionsPlus offering appeared first on… Read more »

XE Market Analysis: Asia – Apr 14, 2017

Trade was nearly non-existent on Friday, with Europe and the U.K. closed for Good Friday, and U.S. equity and bond markets shuttered. The only thing that traded was the dollar, which moved lower following weaker than expected retail sales, and a cooler CPI outcome. USD-JPY fell into the 108.60 level, and under its 200-day moving… Read more »

Stalling gas prices to the rescue!

What a difference stalling gas prices make! Source: XE news feed Stalling gas prices to the rescue!

XE Market Analysis: Asia – Apr 13, 2017

FX trade was subdued in N.Y. on Thursday, with the dollar mixed overall. EUR-USD was stuck inside its recent trading ranges, moving between 1.0610 and 1.0635 throughout. USD-JPY found a bid as Wall Street and yields rose, though fell from 109.40 highs to 108.97. USD-CAD reclaimed the 1.3300 handle as oil prices fell, while cable… Read more »

XE Market Analysis: Dollar Recovers After Trump's Comments

OVERVIEW China’s trade surplus rose to $65.6 billion in March as exports rose at the fastest pace in two years. New home prices in Canada rose 0.4% in February from January, doubling market forecasts. The British Chambers of Commerce said manufacturers reported the fastest export growth in more than two years in early 2017. U.S…. Read more »

XE Market Analysis: North America – Apr 13, 2017

The dollar took a spill during the Asia session after the WSJ published an interview with Trump, who said that the dollar is getting “too strong.” The narrow USD index tipped to a two-week low near 100.00 as a consequence. USD-JPY hit a four-month low of 108.73, and EUR-USD lifted into one-week high terrain in… Read more »

Struggling Western Australian dairy farmers could turn to Wagyu

The president of the Australian Wagyu Association has suggested West Australian dairy farmers dumped by their processors could turn to breeding a Wagyu cattle. Source: ABC Beef Cattle Struggling Western Australian dairy farmers could turn to Wagyu

XE Market Analysis: Europe – Apr 13, 2017

The yen logged fresh highs versus the dollar amid a continued risk-off theme. USD-JPY clocked a five-month low at 108.73 before settled around the 109.00 level. EUR-JPY and AUD-JPY managed to hold above their respective trend lows from yesterday, and lifted into the European interbank open. EUR-USD, meanwhile, consolidated a late New York rally to… Read more »

Australia tops world barley exports

Australia’s record 13.4-million-tonne barley crop last season has set the nation up to become the largest exporter of barley in 2016/17, supplanting the EU and supplying a quarter of the world’s demand, according to the latest grain report from the United States Department of Agriculture (USDA). The post Australia tops world barley exports appeared first… Read more »

Beef Language set for further enhancements

Peak Industry Councils have provided responses to the 46 recommendations from the Beef Language Review White Paper, and and will now go about implementing some of those outcomes, stakeholders were told today. The post Beef Language set for further enhancements appeared first on Beef Central. Source: Beef Central Beef Language set for further enhancements

Eggs and vegetables to be tested for chemicals in Katherine

Agricultural produce from Katherine will be tested as part of the Defence Force’s investigation into chemicals linked with firefighting foam. Source: ABC Beef Cattle Eggs and vegetables to be tested for chemicals in Katherine

Sheep and lamb supplies tightened in February, but demand is strong

THE tight Australian sheep and lamb supply situation has been highlighted by the latest data from the Australian Bureau of Statistics. The post Sheep and lamb supplies tightened in February, but demand is strong appeared first on Sheep Central. Source: Sheep Central Sheep and lamb supplies tightened in February, but demand is strong

Senior management role changes under new business strategy for AMIC

The Australian Meat Industry Council has begun a recruitment process for a new chief executive, as part of a re-configured leadership team designed to support the future direction of the industry. The post Senior management role changes under new business strategy for AMIC appeared first on Sheep Central. Source: Sheep Central Senior management role… Read more »

Recruitment: Managing transition when a key staff member resigns

Any agribusiness manager will likely face a key employee’s resignation at some time. The impact can be all the greater if it happens to be your ‘hero’ staff member. Here are seven key things to consider during the transition stage, if or when it happens. The post Recruitment: Managing transition when a key staff member… Read more »

XE Market Analysis: Asia – Apr 12, 2017

FX trade was relatively quiet on Wednesday in N.Y., with the dollar largely losing ground in the morning session, before perking up some following a more conciliatory tone from the Tillerson/Lavrov meeting in Moscow. Risk-sensitive USD-JPY led the move higher, taking the pairing from 109.43 lows to a high of 109.87. EUR-USD topped at 1.0621… Read more »

MLA’s ‘BeefUp’ event heading to Western Queensland

Building multi-generational businesses and on-farm resilience in the face of ongoing drought will be among the topics discussed at Meat & Livestock Australia’s (MLA) BeefUp Day at Windorah in Western Queensland on Thursday, 27 April. The post MLA’s ‘BeefUp’ event heading to Western Queensland appeared first on Beef Central. Source: Beef Central MLA’s ‘BeefUp’… Read more »

XE Market Analysis: Japanese Yen Hits Multi-Month Highs

OVERVIEW UK unemployment remained near a 12-year low in February at just 4.7%, with the employment rate at a joint record high of 74.6%. The Bank of Canada kept rates on hold as expected but raised its growth forecast for this year to 2.6% from 2.1%. U.S. import prices fell 0.2% last month, the biggest… Read more »

XE Market Analysis: North America – Apr 12, 2017

The yen edged out fresh highs against the dollar and other currencies before settling lower in an otherwise inactive session as markets wind down into the long Easter weekend in Europe, with some centres closing tomorrow for Maundy Thursday. EUR-USD crept higher, reflecting a broad, though moderate, bid in the euro. The pair is up… Read more »

Weekly Property Review: Off-market listings attract ‘quiet money’

While 2017 has started slowly for more publicly exposed property listings, behind the scenes, a bunch of property agents contacted this week claim more discrete business is still going strong, reports property editor Linda Rowley. The post Weekly Property Review: Off-market listings attract ‘quiet money’ appeared first on Beef Central. Source: Beef Central Weekly… Read more »

Clermont Gold Cup ACA National Finals is upon us

As Gold Sponsors we wish all the competitors and horses a safe and rewarding competition next week at the 2017 ACA National Finals. The venue is Clermont Showgrounds, Queensland beginning the morning of Wednesday 19th going through until the popular presentation dinner beginning Saturday night 22nd from 5:30pm at the Clermont Civic Centre. Riverina are proud… Read more »

XE Market Analysis: Europe – Apr 12, 2017

The yen has continued to rally on a general safe haven bid. USD-JPY declined for a second straight session, logging four-month lows under 109.50. EUR-JPY and other yen crosses saw a similar price action. AUD-JPY, a forex market proxy on risk appetite in global markets, has dropped particularly sharply since the U.S. strike on a… Read more »

Feedlot R&D: Project targets groundbreaking BRD tests

Finding diagnostic tools to efficiently and objectively identify Bovine Respiratory Disease in feedlot cattle is the focus of a new research project that could potentially transform the industry. The post Feedlot R&D: Project targets groundbreaking BRD tests appeared first on Beef Central. Source: Beef Central Feedlot R&D: Project targets groundbreaking BRD tests

Senior management role changes under new business strategy for AMIC

The Australian Meat Industry Council has begun a recruitment process for a new chief executive, as part of a re-configured leadership team designed to support the future direction of the industry. The post Senior management role changes under new business strategy for AMIC appeared first on Beef Central. Source: Beef Central Senior management role… Read more »

Corn cracks a season of contrasts

It has been a tale of two worlds for maize production this season with crops in the northern farming zone hit by a hot, dry summer that savaged yields and quality, while southern crops have made every post a winner under more favourable conditions as harvest cranks into full swing. The post Corn cracks a… Read more »

Are we in a beef boom?

And, whether we are or not, how should cattle producers be allocating the increased capital they have received from improved cattle prices for the best chance of being profitable in the future? Farm business advisor Dr Phil Holmes, Holmes and Co, was given the task of answering these questions at the recent Northern Territory Cattleman’s… Read more »

Beef sector can learn important lessons from dairy’s chequered history in China

The red meat industry can learn a lot from the dairy sector’s chequered history in the China export market, livestock industry stakeholders attending the Platinum Primary Producers conference in Melbourne last week heard. The post Beef sector can learn important lessons from dairy’s chequered history in China appeared first on Beef Central. Source: Beef… Read more »

Supermarket Coles comes out with 680c/kg for June lamb deliveries

SUPERMARKET Coles has released its second monthly winter forward contract for lambs, offering a minimum June price of 680c/kg for 18-26kg shorn lambs delivered to Colac in Victoria and Gundagai in New South Wales. The post Supermarket Coles comes out with 680c/kg for June lamb deliveries appeared first on Sheep Central. Source: Sheep Central … Read more »

Rafa on the ball with Woolmark-certified performance wool suits

MOVIE star Jackie Chan’s fictitious suit in ‘The Tuxedo’ had settings for shake booty, anti-gravity, voice control and pants-only defence. Now wool has its own versions of the performance suit. The post Rafa on the ball with Woolmark-certified performance wool suits appeared first on Sheep Central. Source: Sheep Central Rafa on the ball with… Read more »

Roma store 11 Apr 2017: Calves to 462.2c

The yards were buzzing as buyers anticipated the possible purchase opportunity with the huge yarding of 10,422 head at the Roma Store sale, the final sale prior to Easter. The post Roma store 11 Apr 2017: Calves to 462.2c appeared first on Beef Central. Source: Beef Central Roma store 11 Apr 2017: Calves to… Read more »

XE Market Analysis: Asia – Apr 11, 2017

The dollar was mixed in N.Y. on Tuesday, posting marginal gains against the euro and CAD, while losing ground to sterling. USD-JPY took the biggest hit, falling to 5-month lows under 109.70 on the back of geopolitical concerns. The yen-maintained its safe-haven status, despite Japan’s geographic proximity to North Korea. EUR-USD topped at 1.0629 before… Read more »