Month: May 2017

XE Market Analysis: North America – May 31, 2017

The dollar came under broad pressure during the latter part of the European AM session. The narrow USD index gave up intraday gains and was showing a net 0.2% decline, as of the early European PM, and logged a three-day low at 97.04. EUR-USD lifted, despite sub-forecast Eurozone inflation data, out of a 1.1164 low… Read more »

Beef Central’s beef news quiz – May 2017

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

Weekly property review: Is the time right to freehold land in QLD?

Queensland livestock producers holding Grazing Homestead Perpetual Leases (GHPLs) are being urged to consider converting to freehold before June 30, when costs are expected to rise. What are the pros and cons? The post Weekly property review: Is the time right to freehold land in QLD? appeared first on Beef Central. Source: Beef Central … Read more »

Coonamble Show 2017

For 130 years the Coonamble Show Society have carried on the tradition of bringing the Coonamble community and competitors from near and far to exhibit their livestock in the competitions, which is an achievement in itself. Every year The Coonamble Show celebrates the hard work of farmers and breeders and we are proud to say, the… Read more »

XE Market Analysis: Europe – May 31, 2017

Sterling took a 0.5% clobber on a UK election poll form YouGov suggesting that the support for the Tory party had fallen again, to the point that the governing party would loose its majority at the June-8 election and leave Britain with a hung parliament (with the Tories at 310 seats, down from the 330… Read more »

Cattle sales to return to Longreach after four-year spell

The ink dried this week on a 30-year lease for the Longreach saleyards, where new operators AAM Investment Group plans to sell 100,000 head of cattle annually by 2022. Source: ABC Livestock Cattle sales to return to Longreach after four-year spell

Overseas supplies to ease critical mouse bait shortage

The rush is on to bring in fresh stocks of mouse bait from overseas to fill the void across Australia’s southern farming zone where mice have been on the rampage and bait supplies have all but run out. The post Overseas supplies to ease critical mouse bait shortage appeared first on Grain Central. Source:… Read more »

New Redlands leucaena showing promise in initial trials

Initial grazing trials of the new leucaena variety Redlands are showing promising results for both psyllid resistance and palatability, a field day last week was told. The post New Redlands leucaena showing promise in initial trials appeared first on Beef Central. Source: Beef Central New Redlands leucaena showing promise in initial trials

Illegal tree clearing fine for Qld contractor

A Central Queensland contractor involved in a case of illegal tree clearing has paid a fine of $7150, with the landholder expected to undertake years of rehabilitation work on the affected area. The post Illegal tree clearing fine for Qld contractor appeared first on Beef Central. Source: Beef Central Illegal tree clearing fine for… Read more »

India bans cattle slaughter, world beef trade awaits impact

If India’s ban on cattle and buffalo slaughter announced last Friday remains in place, it will trigger one of the most sudden reductions in supply the world’s beef trade has seen. The post India bans cattle slaughter, world beef trade awaits impact appeared first on Beef Central. Source: Beef Central India bans cattle slaughter,… Read more »

Aussie leucaena boosting Indonesian small farms

INDONESIAN journalists recently visited The University of Queensland to hear about a successful cattle fattening project in their nation’s east which is bringing significant economic benefits for smallholder cattle farmers. The post Aussie leucaena boosting Indonesian small farms appeared first on Beef Central. Source: Beef Central Aussie leucaena boosting Indonesian small farms

Japan study tour to provide unforgettable insight into Wagyu industry

A two-week trade mission and study tour to Japan leaving at the end of August will provide a unique insight into the country’s Wagyu beef industry, and the rich culture and traditions that have produced it. The post Japan study tour to provide unforgettable insight into Wagyu industry appeared first on Beef Central. Source:… Read more »

Should Australian Wool Innovation bring the National Merino Challenge to you?

TAMWORTH careers advisor Charles Impey would like to see the National Merino Challenge – the Olympics of sheep and wool — hit the road. Despite the challenge’s popularity, as it is rotated annually to major state capitals or regional centres, the NMC careers panel facilitator believes the challenge could be more accessible. The post Should… Read more »

National Merino Challenge – learning, connecting and competing together

UNIVERSITY of Melbourne student Emily Webb-Ware last weekend went to her first National Merino Challenge at the Royal Melbourne showgrounds. The 19-year-old second year Bachelor of Agriculture student is keen to get experience in agriculture and in rural media before making her first career choice. Here is her report on the event for Sheep Central… Read more »

Goat meat demand boosting need for nutrition research

HIGH goat meat prices have opened up opportunities for producers to utilise supplementary feeding, according to CopRice nutrition and technical services manager Jess Revell. The post Goat meat demand boosting need for nutrition research appeared first on Sheep Central. Source: Sheep Central Goat meat demand boosting need for nutrition research

Legendary New Zealand shearer Colin Bosher dies in Western Australia

LEGENDARY New Zealand shearer Colin Bosher has died in hospital in the West Australian town of Boyup Brook. The post Legendary New Zealand shearer Colin Bosher dies in Western Australia appeared first on Sheep Central. Source: Sheep Central Legendary New Zealand shearer Colin Bosher dies in Western Australia

XE Market Analysis: Asia – May 30, 2017

The dollar was mostly lower through the N.Y. session, largely giving back overnight gains. EUR-USD popped to 1.1193 highs into the open, as Reuters reported a “source” piece saying the ECB would upgrade EU economic forecasts at its June meeting. The pairing faded on decent U.S. income and consumption data, though rallied to session highs… Read more »

Roma store 30 May 2017: Quality weaners impress

Quality was exceptional with newly weaned calves in good condition after a good season dominating the market impressing the buyers, all of whom were present and operating. The majority of cows were going to processors with a small portion purchased by restockers due to the strength in the market. The post Roma store 30 May… Read more »

NVLX Wodonga 30 May 2017: Winter conditions erode prices

Damp wintery type conditions and subdued competition eroded prices at the top end in a smaller sized yarding of just over 850 cattle at NVLX Wodonga. The market opened cheaper on the back of the mixed quality and weaker demand. The post NVLX Wodonga 30 May 2017: Winter conditions erode prices appeared first on Beef… Read more »

XE Market Analysis: U.S. Consumer Spending Rises

OVERVIEW Markets are back to full strength after the long weekend in the U.S. and the UK, with stock markets in negative territory from talk of early Italian elections. U.S. personal consumption expenditure price index slowed to 1.5% last month, dropping further from the Fed’s 2% target. Reuters reported that unnamed sources at the European… Read more »

Wagga sale 29 May 2017: Feedlot competition eases

Weaker feedlot competition across all categories was the catalyst for the cheaper trends. Major feedlots from Victoria NSW were operating, but some sporadically preferring well-bred lines of Angus cattle. The post Wagga sale 29 May 2017: Feedlot competition eases appeared first on Beef Central. Source: Beef Central Wagga sale 29 May 2017: Feedlot competition… Read more »

Weekly rainfall wrap + 14 day outlook, 31 May 2017

A vigorous cold front and low pressure system produced showers and storms in southeastern Australia, bringing moderate rainfall totals, while a series of weak cold fronts brushed the southern coastline, producing mostly light rainfall. The post Weekly rainfall wrap + 14 day outlook, 31 May 2017 appeared first on Sheep Central. Source: Sheep Central … Read more »

Retail prices ease as exports, cattle prices cool-off

Retail beef prices during the first quarter of 2017 have eased, for the first time since 2013, as cattle prices come off recent highs. The post Retail prices ease as exports, cattle prices cool-off appeared first on Beef Central. Source: Beef Central Retail prices ease as exports, cattle prices cool-off

XE Market Analysis: North America – May 30, 2017

The dollar has traded mostly softer today after generally rising yesterday. The yen has continued to outperform, aided by positive Japanese data and flagging risk appetite in global markets. The euro came under broad pressure from late yesterday through to the early session in Europe today before rebounding. EUR-USD settled to near net unchanged levels… Read more »

XE Market Analysis: Europe – May 30, 2017

The euro has under particular pressure, with the common currency showing a 0.5% loss to the dollar and a 0.8% decline versus the yen as the London interbank market joins the fray. The move reflects a sharpening in Eurozone-centric concerns. Former Italian PM Renzi suggested that Italy should hold a general election as soon as… Read more »

World's second-largest beef exporter bans sale of slaughter cattle

India, which accounted for 20 per cent of all beef exported in the world last year, bans the sale of cattle for slaughter across the country. Source: ABC Livestock World’s second-largest beef exporter bans sale of slaughter cattle

Come to Adelaide to learn how to start your branded lamb or beef product

LAMB and beef producers keen to develop branded meat products and establish their own micro-abattoirs will be shown how it can be done at an Adelaide conference next week. The post Come to Adelaide to learn how to start your branded lamb or beef product appeared first on Sheep Central. Source: Sheep Central Come… Read more »

Kidman steers early course towards branded beef program development

S. Kidman & Co has begun its transition from traditional ‘cattle producer’ to ‘vertically-integrated branded-beef producer’, putting some of the early foundations in place to build consumer brand programs for export and domestic markets. The post Kidman steers early course towards branded beef program development appeared first on Beef Central. Source: Beef Central Kidman… Read more »

Weekly kill: Grid offers surge, as cattle numbers thin-out heading into June

Last week’s eastern states beef kill set another 2017 season-high tally, but it provides false-hope heading into June, with processor grids across large parts of eastern Australia jumping sharply this week in response to the widely-anticipated winter slaughter cattle shortage. The post Weekly kill: Grid offers surge, as cattle numbers thin-out heading into June appeared… Read more »

Riverina rice harvest best in three years

Ricegrowers in the NSW Riverina are wrapping up the largest harvest in three years with production set to exceed 800,000 tonnes – an increase of over 240 per cent on last year. The post Riverina rice harvest best in three years appeared first on Grain Central. Source: Grain Central Riverina rice harvest best in… Read more »

Inflatable vest and ATV helmets showcased at quad bike safety forum

New innovations designed to help reduce Australia’s quad bike injury and death toll were showcased at the 2017 National Quad Bike Safety Forum. The post Inflatable vest and ATV helmets showcased at quad bike safety forum appeared first on Beef Central. Source: Beef Central Inflatable vest and ATV helmets showcased at quad bike safety… Read more »

Webinar: Time running out to keep Johne’s score

The Livestock Biosecurity Network is running a free webinar this Thursday, June 2, to explain Johne’s changes and biosecurity plans. The post Webinar: Time running out to keep Johne’s score appeared first on Beef Central. Source: Beef Central Webinar: Time running out to keep Johne’s score

Food waste is not just a question of what is thrown out

There is a growing amount of food ‘waste’ occurring on farm that is not obvious, in the form of food that is not produced or additional resources that are utilised because of constraints that are progressively being imposed on more efficient farm production systems, writes Australian Farm Institute executive director Mick Keogh. In this instance,… Read more »

Mouse numbers explode across SA and Vic grain crops

A record harvest and wet summer have led to mice numbers exploding across patches of the southern cropping region in Australia. Source: ABC Grain Mouse numbers explode across SA and Vic grain crops

Old wool back on the market in rare find

A bale of wool bought in New South Wales is found to have been shorn back in 1982. Source: ABC Livestock Old wool back on the market in rare find

Hungry bugs a solution to wheel cactus invasion

An invasive cacti species found throughout Australia is being brought under control by hungry microscopic bugs in South Australia’s Riverland. Source: ABC Livestock Hungry bugs a solution to wheel cactus invasion

Victorian growers investigate contracts with Chinese giant Tianyu Wool

VICTORIAN wool growers are investigating long-term supply contracts with major Chinese buyer and processor Tianyu Wool. Sheep Central has been told at least 10 wool growers have shown interest in the possibility of long-term contracts, but details have not been finalised and no contracts have been drawn up. The post Victorian growers investigate contracts with… Read more »

Are Australian carcase weights getting too heavy for market requirements?

Is Australia running the risk of producing beef carcases, particularly from grainfed cattle, that are too heavy for market requirements? The subject was raised several times by speakers at the Angus Australia national conference in Ballarat recently. The post Are Australian carcase weights getting too heavy for market requirements? appeared first on Beef Central. … Read more »

Cheap pre-cooked pork belly imports pose challenge for local farmers

Australia’s passion for pork belly and sticky ribs could send the country’s pig industry to the wall, as cheap imports packaged up to two years earlier are being served to consumers. Source: ABC Livestock Cheap pre-cooked pork belly imports pose challenge for local farmers

Project to trial ‘user pays’ funding of safer livestock handling infrastructure

The feasibility of establishing a “user pays” system to fund the installation and use of safer livestock loading and unloading infrastructure at high density livestock facilities around Australia, such as saleyards and abattoirs, will be investigated in a new federally funded trial. The post Project to trial ‘user pays’ funding of safer livestock handling infrastructure… Read more »

Viterra grain exports from South Australia exceed 5Mt

Grain exports from South Australia have passed 5 million tonnes for the season, with shipping from the Eyre Peninsula alone passing 2 million tonnes. The post Viterra grain exports from South Australia exceed 5Mt appeared first on Grain Central. Source: Grain Central Viterra grain exports from South Australia exceed 5Mt

Open communication key to family succession: Nuffield Scholar

Communication among family members is the key to transitioning the next generation into a family farming business, according to Nuffield Scholar, Andrew Baldock. The post Open communication key to family succession: Nuffield Scholar appeared first on Grain Central. Source: Grain Central Open communication key to family succession: Nuffield Scholar

South Australia and Victoria win National Merino Challenge team awards

SHEEP-FOCUSED students from across Australia have enjoyed a detailed introduction to the wool industry at the 2017 National Merino Challenge in Melbourne at the weekend. The post South Australia and Victoria win National Merino Challenge team awards appeared first on Sheep Central. Source: Sheep Central South Australia and Victoria win National Merino Challenge team… Read more »

Graziers’ Investment Company rejects June 30 wind-up call

THE wool grower-owned Graziers’ Investment Company has rejected a call to try to wind up the company by June 30 this year. The post Graziers’ Investment Company rejects June 30 wind-up call appeared first on Sheep Central. Source: Sheep Central Graziers’ Investment Company rejects June 30 wind-up call

‘Single step’ sheep trait analysis promises more accurate selection

SHEEP producer selection for important wool, carcase and meat quality traits will be more accurate and quicker with the move to ‘single step’ analysis of genomic and breeding values by Sheep Genetics. The post ‘Single step’ sheep trait analysis promises more accurate selection appeared first on Sheep Central. Source: Sheep Central ‘Single step’ sheep… Read more »

Beef genetic gains in Northern Australia to be accelerated

Australia’s Brahman breeders and producers will be the first in the world to benefit from a breakthrough in genetic evaluations that has the potential to boost the genetic gains of cattle herds across Northern Australia. The post Beef genetic gains in Northern Australia to be accelerated appeared first on Beef Central. Source: Beef Central … Read more »

Strong AuctionsPlus demand pushes first cross ewe prices to $321

FIRST cross ewe lambs sold to $321 and Merino ewe-lamb units made to $242 in online AuctionsPlus sales last week. The post Strong AuctionsPlus demand pushes first cross ewe prices to $321 appeared first on Sheep Central. Source: Sheep Central Strong AuctionsPlus demand pushes first cross ewe prices to 1

Livestock SA opens nominations for five director positions

SOUTH Australian livestock producers are being encouraged to consider nominating for the Livestock SA board, with five, two-year positions up for election this year, The post Livestock SA opens nominations for five director positions appeared first on Sheep Central. Source: Sheep Central Livestock SA opens nominations for five director positions

US Bond Market Week in Review: Who Are the Hawks and Doves, part 2

     Last week, I discussed the views of 4 Federal Reserve presidents to discern their current interest rate policy.  This week’s column finishes that analysis.  I would like to offer a personal thanks to Minneapolis Federal Reserve president Neel Kashkari who responded to a Twitter question and pointed me to his latest essay on… Read more »

Relocated devils off to good start in north-east Tasmania

After a week in their new home on Tasmania’s north-east coast, six Maria Island devils give researchers hope for success. Source: ABC Livestock Relocated devils off to good start in north-east Tasmania

Weekly Indicators: stock prices and jobless claims lead the way

April data included new and existing home sales, both down m/m, but new home sales for March were revised higher to a new post-recession record. Durable goods also declined, but March was also revised substantially higher. House prices increased. Wholesale inventories decreased. University of Michigan’s consumer sentiment declined slightly.   Source: XE news feed … Read more »

Vale Leo Pugh

The red meat industry has lost a colourful, deeply-respected and much-loved industry stakeholder with the passing in Brisbane of Leo Pugh on Thursday, after an 18 month battle with cancer. He was 80. The post Vale Leo Pugh appeared first on Beef Central. Source: Beef Central Vale Leo Pugh

Strong supply of PTIC females top $2380 on AuctionsPlus

PTIC females were in strong supply on AuctionsPlus yesterday, with the top line of Wattletop Angus blood heifers hailing from Inverell, NSW topping the category making $2380, while PTIC cows peaked at $2120. The post Strong supply of PTIC females top $2380 on AuctionsPlus appeared first on Beef Central. Source: Beef Central Strong supply… Read more »

Uluru Camel Cup saddles up for sixth year of races at the rock

What started out as a hobby grew into an obsessive passion and then a very big business for the owner of Australia’s largest working camel farm. Source: ABC Livestock Uluru Camel Cup saddles up for sixth year of races at the rock

Better chilled access to UAE reduces technical trade barriers

The Australian beef and sheepmeat industries have had a win in improved chilled access to the United Arab Emirates, one of our largest red meat markets in the Middle East region. The post Better chilled access to UAE reduces technical trade barriers appeared first on Beef Central. Source: Beef Central Better chilled access to… Read more »

XE Market Analysis: Asia – May 26, 2017

The dollar firmed up in N.Y. trade on Friday, aided by an upgraded U.S. Q1 GDP revision, and subsequent short covering into the long Memorial Day weekend . EUR-USD gave up the 1.1200 handle early on, dropping to 1.1160 before turning sideways near 1.1175. USD-JPY rallied over 1.1200, though was largely tied to its 50-day… Read more »

XE Market Analysis: British Pound Slides on Latest Election Poll

OVERVIEW Japanese consumer prices rose just 0.4% annualized last month, underscoring the challenges the Bank of Japan still faces. U.S. Q1 GDP was revised up slightly more than expected to 1.2%, annualized from 0.7% that was initially estimated. U.S. durable goods orders fell 0.7% in April which was less than forecast though core orders unexpectedly… Read more »

XE Market Analysis: North America – May 26, 2017

The dollar has traded mostly softer so far today, losing most ground to an outperforming yen, while managing gains versus an underperforming pound. USD-JPY saw a low of 110.89 after a 50-odd-pip tumble since the London open, extending declines from Wednesday’s nine-day peak at 112.12. Yen crosses are also down, most notably AUD-JPY, which was… Read more »

XE Market Analysis: Europe – May 26, 2017

USD-JPY and yen crosses traded lower as the Japanese currency outperformed amid a mostly risk-off backdrop in the Asia-Pacific region today. This was sparked by a hefty drop in oil prices after OPEC and allies delivered the well anticipated nine-month extension to the prevailing volume reduction in supply. USD-JPY logged a two-session low at 111.40,… Read more »

Dalby bio-refinery fire may impact plant’s grain use

A fire in the early hours of this morning at United Ethanol’s Dalby Bio-Refinery may impact the supply of grain in the short-term to the plant, which is a significant user of sorghum and feed barley on Queensland’s Darling Downs. The post Dalby bio-refinery fire may impact plant’s grain use appeared first on Grain Central. … Read more »

World-first tech turns tyres into fuel

Australian company Green Distillation Technologies has developed ground-breaking technology that converts rubber tyres into bio-oil, carbon and steel, helping solve the global environmental problem of what to do with millions of used tyres each year. The post World-first tech turns tyres into fuel appeared first on Grain Central. Source: Grain Central World-first tech turns… Read more »

Feedlot operator takes gas company to court over groundwater access

A Dalby feedlot operator has launched Federal Court action against the Queensland Gas Company, in a case that underscores ongoing tensions between landholders and coal seam gas companies over access to groundwater. The post Feedlot operator takes gas company to court over groundwater access appeared first on Beef Central. Source: Beef Central Feedlot operator… Read more »

John Deere reports lift in second quarter earnings

Machinery manufacturer, John Deere, has reported net income of US$802.4 million, of US$2.49 per share, for the second quarter ended April 30, 2017, compared with US$495.4 million, or US$1.56 per share, for the period ended May 1, 2016. The post John Deere reports lift in second quarter earnings appeared first on Grain Central. Source:… Read more »

All breeds records smashed as Wattletop Angus females average $8494

The sheer strength of the Australia seedstock industry at present was in clear evidence yesterday when the first stage of the Rogers family’s Wattletop Angus female dispersal averaged a phenomenal $8494 for a complete clearance of 259 PTIC females. The post All breeds records smashed as Wattletop Angus females average $8494 appeared first on Beef… Read more »

Superfine wool growers urged to keep skin out of fleece by Japanese processor

SUPERFINE wool growers have been urged to keep skin out of lambs wool by major Japanese processor Itochu Corporation. The post Superfine wool growers urged to keep skin out of fleece by Japanese processor appeared first on Sheep Central. Source: Sheep Central Superfine wool growers urged to keep skin out of fleece by Japanese… Read more »

Recruitment: How your business can be more like LinkedIn’s 2017 Top Companies

LinkedIn’s 2017 list of the top Australian companies to work for has recently been revealed, and it makes interesting reading. Is there anything smaller agribusinesses can learn about these companies to attract and retain their own top talent? The post Recruitment: How your business can be more like LinkedIn’s 2017 Top Companies appeared first on… Read more »

Wool industry drugs and alcohol summit makes progress on workplace policy

A WOOL industry drugs and alcohol summit in South Australia this week has united the sector around the formation of a workplace policy on the issue. The post Wool industry drugs and alcohol summit makes progress on workplace policy appeared first on Sheep Central. Source: Sheep Central Wool industry drugs and alcohol summit makes… Read more »

XE Market Analysis: Asia – May 25, 2017

The dollar ended the N.Y. session not far from where it started, with major pairings largely holding inside of narrow ranges. Mixed data including slightly lower jobless claims and a slightly wider advance trade deficit has little market impact. Wall Street rallied, though the plunge in oil prices after OPEC extended output production capped gains… Read more »

Queenslanders to take a closer look at remote monitoring

REMOTE monitoring is giving more flexibility to outback Queensland producers relying on distant pipeline and troughs systems to water stock. The post Queenslanders to take a closer look at remote monitoring appeared first on Sheep Central. Source: Sheep Central Queenslanders to take a closer look at remote monitoring

New cross-loading, decoupling facility to boost NT-SA cattle flow

A new cattle cross-loading and road-train reconfiguration facility near Port Augusta is set to improve the flow of cattle from the Northern Territory into Southern Australia. The post New cross-loading, decoupling facility to boost NT-SA cattle flow appeared first on Beef Central. Source: Beef Central New cross-loading, decoupling facility to boost NT-SA cattle flow

XE Market Analysis: Sterling Slumps as UK Growth Revised Down for Q1

OVERVIEW  Pound slides across the board as UK Q1 GDP is revised lower. FOMC minutes show current approach appropriate, and futures still show a 100% chance of a rate hike in June. The Euro is solid against majors, and momentum from ‘no taper’ comments remains. South African Reserve Bank leaves interest rates unchanged at 7%…. Read more »

Positive trend in new and existing home sales remains intact

Now that we have both new and existing home sales as well as last week’s housing permits and starts, a clearer picture of the state of the market appears. Source: XE news feed Positive trend in new and existing home sales remains intact

Property Rights Australia conference

Property Rights Australia will hold its annual conference in Chinchilla on Saturday June 3, under the theme of “Building resilience through community”. The post Property Rights Australia conference appeared first on Beef Central. Source: Beef Central Property Rights Australia conference

XE Market Analysis: North America – May 25, 2017

The dollar found its feet after posting fresh post-FOMC minutes lows during the early part of European trading. USD-JPY rose to the 111.90 area, up from the post-FOMC minutes low at 111.48. EUR-USD logged a two-session high at 1.1250 during the London AM session before ebbing into the low 1.12s. The pair still remained comfortably… Read more »

XE Market Analysis: Europe – May 25, 2017

The dollar has been trading softer since the minutes to the recent FOMC meeting were releases, showing that Fed to be of a cautious mind-set, that it would be prudent to wait for evidence that recent weak data is transitory before raising rates again. The narrow USD index is off its lows by still showing… Read more »

Why live exporters want Queensland cattle

Central west Queensland livestock agent experiences busiest week of the year as he loads 144 truck decks – most of which destined for the port of Darwin. Source: ABC Livestock Why live exporters want Queensland cattle

Yorkeys Crossing upgrade good news for SA, NT cattle producers

After years of lobbying, a cattle pod will be put in place at Yorkeys Crossing Road on the SA, NT border, with over 80,000 Territory cattle heading south every year. Source: ABC Livestock Yorkeys Crossing upgrade good news for SA, NT cattle producers

Major Chinese wool buyers come to Lal Lal for first conference in Australia

MAJOR Chinese wool buyers will meet for the first time in Australia tomorrow at the Ballarat district property of leading Chinese importer and processor Tianyu Wool. The post Major Chinese wool buyers come to Lal Lal for first conference in Australia appeared first on Sheep Central. Source: Sheep Central Major Chinese wool buyers come… Read more »

$1b price tag likely on any CPC sale deal

Consolidated Pastoral Company could realise up to $1 billion in the current beef industry climate, if majority owner, British private equity giant Terra Firma, goes ahead with a sale. The post $1b price tag likely on any CPC sale deal appeared first on Beef Central. Source: Beef Central b price tag likely on any… Read more »

Renewed call for transparency in grain stocks reporting

Graingrower representative bodies are ramping up pressure on the Federal Government to take more decisive steps to implement Wheat Industry Advisory Taskforce recommendations for an open, transparent grain stocks reporting system in Australia. The post Renewed call for transparency in grain stocks reporting appeared first on Grain Central. Source: Grain Central Renewed call for… Read more »

Bunge gives Glencore the cold shoulder

THE international wire services have been abuzz this week with talk one of the world’s biggest grain traders, Glencore, and one of its oldest, Bunge, are entering into friendly arrangements. The post Bunge gives Glencore the cold shoulder appeared first on Grain Central. Source: Grain Central Bunge gives Glencore the cold shoulder

Bribery scandal erupts over JBS executives’ actions in Brazil

Global meat processing giant JBS has been rocked by a corruption scandal in Brazil, linking a group of senior company executives with bribes to Brazil’s President Michel Temer and other senior politicians, compounded by accusations of insider trading as shares plummeted this week. The post Bribery scandal erupts over JBS executives’ actions in Brazil appeared… Read more »

Seasonal climate outlook Jun-Aug 2017

Winter (June to August) rainfall is likely to be below average over the southern half of mainland Australia, according to the Bureau of Meteorology’s latest three month climate outlook statement released this morning. The post Seasonal climate outlook Jun-Aug 2017 appeared first on Sheep Central. Source: Sheep Central Seasonal climate outlook Jun-Aug 2017

Indonesian Padang – the world’s fastest fast food

“Padang” style fast food restaurants are probably the largest food service model in Indonesia with many hundreds of thousands of restaurants from large corporate chains to very small family businesses spread throughout the entire archipelago. The post Indonesian Padang – the world’s fastest fast food appeared first on Beef Central. Source: Beef Central Indonesian… Read more »

XE Market Analysis: Canadian Dollar Rallies As Central Bank Keeps Rates On Hold

OVERVIEW Markets are in a typically quiet trading session ahead of the minutes from the Federal Reserve’s last meeting. Moodyís downgraded Chinaís debt rating, citing rising debt levels; the outlook was revised to negative as well. Existing home sales in the US fell more than expected last month, but remained close to their highest levels… Read more »

XE Market Analysis: Asia – May 24, 2017

The dollar trended a bit higher through the N.Y. morning session on Wednesday, though was smacked lower in the aftermath of the FOMC minutes as the Fed indicated caution, saying it would be prudent to wait for evidence that recent weak data is transitory before raising rates again. EUR-USD bottomed at 1.1180 before rallying to… Read more »

APVMA staff grilled over plunging performance results

The Turnbull Government’s controversial relocation of the federal pesticides regulatory agency from Canberra to Armidale has come under intense scrutiny at a Senate Estimates hearing this morning. The post APVMA staff grilled over plunging performance results appeared first on Grain Central. Source: Grain Central APVMA staff grilled over plunging performance results

System to monitor cattle from space ready to be commercialised

Precision Pastoral Pty Ltd has been named as the new commercial partner for the Precision Pastoral Management System, which allows pastoralists to monitor their cattle herd using satellite technology. The post System to monitor cattle from space ready to be commercialised appeared first on Beef Central. Source: Beef Central System to monitor cattle from… Read more »

XE Market Analysis: North America – May 24, 2017

The dollar has been trading mixed today, gaining and then ebbing versus the yen, recouping some lost ground versus the euro and sterling, and trading softer versus the Canadian dollar, which has been buoyed by fresh one-month highs in the price of crude. EUR-USD logged a two-session low at 1.1170, putting in some distance from… Read more »

Weekly Property Review: A roundup of recent significant results and listings

A roundup of recent significant sales results and listings of cattle holdings from across WA, the NT, Queensland and NSW. The post Weekly Property Review: A roundup of recent significant results and listings appeared first on Beef Central. Source: Beef Central Weekly Property Review: A roundup of recent significant results and listings

XE Market Analysis: Europe – May 24, 2017

The dollar has rebounded some. The narrow USD index, which on Monday logged a six-month low at 96.70 has repaired above 97.30. EUR-USD has logged a two-session low at 1.1171, putting in some distance from yesterday’s two-month. USD-JPY clocked a 5-sesison high of 112.03. EUR-JPY and other yen crosses have traded relatively steadily. Most stock… Read more »

Sheep flow saleyard trials are preparing the industry for EID-tagged lambs

SHEEP flow trials with electronic ear tag scanners are continuing across Victoria this month after a demonstration at the Wycheproof saleyards recently. The post Sheep flow saleyard trials are preparing the industry for EID-tagged lambs appeared first on Sheep Central. Source: Sheep Central Sheep flow saleyard trials are preparing the industry for EID-tagged lambs

Lamb and mutton prices jump as rain falls and sellers favour saleyards

LAMB and mutton sheep prices continued to rise in saleyards early this week, as rainfall exacerbated an already tight supply situation. Recent price rises have flushed more lambs off farms and feedlots, and numbers increased at New South Wales, Victorian and Western Australian saleyards. The post Lamb and mutton prices jump as rain falls and… Read more »