Month: May 2017

$1 million backing for Casino Beef Week

The Federal Government has committed $1 million to support Casino Beef Week events from 2017 to 2020. The post $1 million backing for Casino Beef Week appeared first on Beef Central. Source: Beef Central million backing for Casino Beef Week

XE Market Analysis: Asia – May 17, 2017

The dollar took it on the chin in N.Y. trade on Wednesday, with U.S. political concerns keeping risk taking levels well-contained. Gold soared, yields fell, and Wall Street was hit hard following reports that Trump asked then FBI chief Comey to call off the investigation into former NSA head Flynn and his Russian dealings. The… Read more »

XE Market Analysis: Trump Headlines Drive Risk Aversion

OVERVIEW Markets have become increasingly risk averse as the Trump-Comey saga unfolds with revelations that the President urged the former FBI director to drop an investigation into former NSA director Flynn. Eurozone inflation for last month was unchanged from the flash estimate at 1.9% in line with the ECB’s target, while core inflation remains way… Read more »

Questions raised about food safety with home delivery retail model

An important food safety study conducted recently in the US has for the first time raised questions about safety issues surrounding home-delivered meat items – a trend becoming increasingly commonplace in Australia. The post Questions raised about food safety with home delivery retail model appeared first on Beef Central. Source: Beef Central Questions raised… Read more »

XE Market Analysis: North America – May 17, 2017

The dollar saw fresh lows in the early London session against the euro, yen and a number of other currencies, amid concerns about Trump’s leadership. EUR-USD rose to a fresh six-month high of 1.1122, the pair’s highest level since the U.S. presidential election last November, before settling just south of 111.00, still well up on… Read more »

Weekly Property Review: Demand outstripping supply in Central QLD

Despite strong demand, listings of significant cattle holdings in Central QLD are hard to find, with experts not expecting the situation to improve in 2017. While astute investors are aware of the region’s relatively reliable rainfall, highly-fertile country with improved pastures and superior weightgain performance, properties of any scale are just not available in numbers…. Read more »

XE Market Analysis: Europe – May 17, 2017

The dollar is trading softer against most currencies, particularly the yen with USD-JPY dropping quite sharply, from levels above 113.50 yesterday to a 12-day low today in Tokyo at 112.34. The narrow USD index has fallen for fourth consecutive session, making its lowest levels since last November’s presidential election. EUR-USD rose to a fresh six-month… Read more »

Sheep and beef producers to get worm control benefits from new dung beetles

SHEEP and beef producers are expected to reap significant internal parasite control advantages, including potentially minimising worm drench use, from a dung beetle project announced this week. The post Sheep and beef producers to get worm control benefits from new dung beetles appeared first on Sheep Central. Source: Sheep Central Sheep and beef producers… Read more »

China opens up to American beef for first time in 13 years

American beef is to compete with Australian exports as the Chinese market opens up to the US, for the first time in 13 years. Source: ABC Beef Cattle China opens up to American beef for first time in 13 years

Hundy ultrafine Merino fleece wins prestigious Cleckheaton award

ULTRAFINE wool growers Ed and Jill Hundy are proud first-time winners of the Australian Superfine Wool Growers Association fleece competition’s Cleckheaton grand champion fleece award. The post Hundy ultrafine Merino fleece wins prestigious Cleckheaton award appeared first on Sheep Central. Source: Sheep Central Hundy ultrafine Merino fleece wins prestigious Cleckheaton award

Lamb and mutton prices generally hold as supplies dwindle in saleyards

SLAUGHTER lamb prices held generally firm to dearer this week, as restocking, domestic trade and export interest in lambs remained strong. The post Lamb and mutton prices generally hold as supplies dwindle in saleyards appeared first on Sheep Central. Source: Sheep Central Lamb and mutton prices generally hold as supplies dwindle in saleyards

NT Johne’s policy means interstate cattle should continue to flow

It has been a long and evidently contentious journey, but the Northern Territory has now arrived at a clear position on how it will manage entry requirements for Johne’s Disease after July 1. The post NT Johne’s policy means interstate cattle should continue to flow appeared first on Beef Central. Source: Beef Central NT… Read more »

Fulida to become majority shareholder in Wellard

Chinese-owned Fulida Group becomes the major shareholder in Australia’s largest livestock exporter Wellard Limited. Source: ABC Beef Cattle Fulida to become majority shareholder in Wellard

Moisture drives winter crop sowing spree in the south

Victorian growers have taken advantage of early-season subsoil moisture to make good headway sowing this year’s winter crops with more than half the projected plantings already in the ground and seeders going full tilt before a forecast rain front comes through on Friday. The post Moisture drives winter crop sowing spree in the south appeared… Read more »

NT Johne’s position “common sense”: AgForce

The Northern Territory’s decision to transition to a JBAS 6 minimum entry requirement from July 1 has been greeted as a “common sense” move by Queensland’s peak livestock representative group AgForce. The post NT Johne’s position “common sense”: AgForce appeared first on Beef Central. Source: Beef Central NT Johne’s position “common sense”: AgForce

China the hero market for Australian barley and wheat

Chinese demand for feed barley and mid-protein wheat has been a godsend for marketers of Australian grain faced with the task of shipping a massive export surplus into a depressed world cereal market. The post China the hero market for Australian barley and wheat appeared first on Grain Central. Source: Grain Central China the… Read more »

‘Big Head’ in horses – When are they at risk?

Nutritional Secondary Hyperparathyroidism or commonly ‘Big Head’ is a disease caused by a calcium deficiency in horses. Animals store calcium in their bones. In times when there is a limited amount of calcium being absorbed, or when there is a severe calcium deficiency, horses will draw calcium from their bones, primarily from their face. It is… Read more »

XE Market Analysis: Asia – May 16, 2017

The dollar sold off in N.Y. on Tuesday, taking the DXY to six-month lows of 98.11. Incoming U.S. data was mixed, with housing starts light of expectations, and industrial production beating consensus forecasts. EUR-USD rallied from opening lows of 1.1050 to six-month highs of 1.1097, while USD-JPY traded briefly under the 113.00 mark after starting… Read more »

Roma store 16 May 2017: Quality and prices lift

Quality was superior and the market was stronger than the recent previous weeks. All buyers were present and operating with additional buyers from the south chasing quality feeder cattle who purchased an exceptional run of black EU weaners headed for South Australia to be finished. The post Roma store 16 May 2017: Quality and prices… Read more »

NVLX Wodonga 16 May 2017: Rain forecast inspires restockers into action

Predictions of rain inspired plenty of restockers into action. Light weight steers to turnout 200-280kg sold at 379-418c to average $1074. The post NVLX Wodonga 16 May 2017: Rain forecast inspires restockers into action appeared first on Beef Central. Source: Beef Central NVLX Wodonga 16 May 2017: Rain forecast inspires restockers into action

Competition wins reaffirm JBS branded beef program direction

JBS Australia’s transition from commodity beef processor to branded beef marketer has taken another step in the right direction, with the global producer claiming ten of the fifteen available medals at the Royal Queensland Show branded beef awards held in Brisbane last week. The post Competition wins reaffirm JBS branded beef program direction appeared first… Read more »

XE Market Analysis: Euro Jumps to Six-Month Highs

OVERVIEW There are more negative Trump-related headlines that are the focus of FX markets today, driving a weaker US Dollar. The Pound is lower despite UK consumer price inflation rising at its fastest pace in over three years in April. Germany’s ZEW survey rose to its highest since July 2015 as investor sentiment continued to… Read more »

Weekly rainfall wrap + 14 day outlook, 17 May 2017

In another dry week across most of Australia, the highest falls were recorded in southern Western Australia, Tasmania, eastern Victoria, parts of central and eastern New South Wales, and in central and southeastern Queensland. The post Weekly rainfall wrap + 14 day outlook, 17 May 2017 appeared first on Beef Central. Source: Beef Central … Read more »

Housing permits and starts: is this the turn?

The housing permits and starts report this morning was of particular significance.  I have been forecasting for months that there would be a downward turn sometime in the early part of this year due to the increase in mortgage rates that started last November.  The April report, together with some important revisions to previous months’… Read more »

WA sheep flock warning on pregnancy toxaemia

WESTERN Australian sheep flocks are expected to be at a higher risk of pregnancy toxaemia this year, following summer rains, a dry April and a higher than usual rate of twin pregnancies. The post WA sheep flock warning on pregnancy toxaemia appeared first on Sheep Central. Source: Sheep Central WA sheep flock warning on… Read more »

XE Market Analysis: North America – May 16, 2017

The euro has been in the ascendant today, while the pound turned abruptly lower following a brief post-data rally. EUR-JPY traded above 125.00 for the first time since late April last year, and EUR-USD broke higher, punching above 1.1000 and last week’s former trend peak at 1.1023 on route to a fresh six-month high as… Read more »

XE Market Analysis: Europe – May 16, 2017

The euro has continued to drift upward, with EUR-USD logging a nine-day high at 1.0987 just ahead of the London interbank open and EUR-JPY clocking a fresh one-year peak just shy of the 125.00 level. A combo of a risk-on backdrop and a sizable reduction in existential political risks in the Eurozone, post French election,… Read more »

Beef producers in mood to expand, says bank survey

A record 15pc of beef producers plan to expand their enterprise in the coming year, up from 12pc this time last year, a bank survey released this week has shown. The post Beef producers in mood to expand, says bank survey appeared first on Beef Central. Source: Beef Central Beef producers in mood to… Read more »

Pasturefed Cattle Assurance System

Riverina officially recognised as a PCAS-approved supplements supplier. The Pasturefed Cattle Assurance System or PCAS for short was developed by Cattle Council of Australia as an assurance program that enables the industry to prove claims relating to pasturefed or grassfed production methods. The Cattle Council of Australia official press release (9th May 2017) is available… Read more »

SA growers look to the skies in anticipation of precipitation

All eyes will be on the weather in South Australia this week where the prospect of a rain front delivering much-needed falls to the state’s farming areas will consolidate winter crop plantings after what has been a patchy start to this year’s sowing program. The post SA growers look to the skies in anticipation of… Read more »

Widespread rainfall forecast for eastern Australia

A substantial late-autumn rain event is forecast to affect Australia’s eastern states and territories during the second half of this week, according to Weatherzone. The post Widespread rainfall forecast for eastern Australia appeared first on Beef Central. Source: Beef Central Widespread rainfall forecast for eastern Australia

Weekly kill: Season-high tally recorded, as more cattle start to flow

The eastern states weekly kill reached a five-month high last week, as slaughter cattle continued to come to market in stronger numbers in many areas, heading into winter. Processors spoken to this week reported a decent flow of slaughter bookings for the next couple of weeks, but all are anticipating hard-going during June, July and… Read more »

SE Asia Report: Downward pressure on northern cattle prices

Weak demand from both Indonesia and Vietnam must soon start to put serious downward pressure on northern Australian feeder prices, Dr Ross Ainsworth writes in this week’s South East Asia market, exclusive to Beef Central readers. The post SE Asia Report: Downward pressure on northern cattle prices appeared first on Beef Central. Source: Beef… Read more »

Containerised exports suffer in wake of Port Botany stoppage

Industrial action at the Patrick’s facility at Sydney’s Port Botany earlier this month has compounded problems already experienced by containerised grain exporters as they struggle to get a record winter crop shipped amid an ongoing shortage of boxes. The post Containerised exports suffer in wake of Port Botany stoppage appeared first on Grain Central. … Read more »

Farmers optimistic about prices and investing further in farms

Livestock producers buoyed by better prices and good seasons are showing a record level of interest by investing on farm expansion and staff increases. Source: ABC Beef Cattle Farmers optimistic about prices and investing further in farms

XE Market Analysis: Asia – May 15, 2017

The dollar was mostly higher in N.Y. trade on Monday, rising against the yen, pound and CAD, while losing modest ground to the euro. A soft Empire State index dented the greenback early on, though a better than forecast NAHB housing market index later helped the USD recover. EUR-USD opened near 1.0965 before rallying to… Read more »

Johne’s: NT to adopt JBAS-6 entry requirements from July 1

The Northern Territory will require a minimum“JBAS 6” for entry from July 1. The post Johne’s: NT to adopt JBAS-6 entry requirements from July 1 appeared first on Beef Central. Source: Beef Central Johne’s: NT to adopt JBAS-6 entry requirements from July 1

XE Market Analysis: Commodity Prices Jump

OVERVIEW Chinese data pointed to a slowdown in growth last month as factory output, retail sales, and fixed-asset investment all slowed down more than expected. New Zealand retail sales grew at a much faster than expected pace in the first quarter, rising 1.5%. The Empire State survey showed activity unexpectedly shrank for the first time… Read more »

Record $13.8m half-year profit for Ruralco

Diversified listed agribusiness Ruralco this morning delivered a record half-year profit of $13.8 million for its results for the six months to 31 March 2017 – up 20pc from the same period last year. The post Record $13.8m half-year profit for Ruralco appeared first on Beef Central. Source: Beef Central Record .8m half-year profit… Read more »

Wagga sale 15 May 2017: Quality drops in smaller yarding

Even with a shortage of heavy export cattle the market lacked competition for bullocks, with prices wound back 10c/kg to average 316c/kg. Top quality younger lines of heavy grown steers 500 -600kg to slaughter lifted 6c with the grain assisted portion helping drive the market higher. The bulk of the better finished steers sold from… Read more »

End of the road for Kidman CEO, Greg Campbell

Widely respected S.Kidman & Co chief executive Greg Campbell has announced his intention to retire, ending a 24-year year tenure with the historic Adelaide-based pastoral company some time later this year. He’s particularly proud of some of the company’s and broader industry’s achievements in land management. The post End of the road for Kidman CEO,… Read more »

XE Market Analysis: North America – May 15, 2017

The dollar traded mostly softer, though gained versus the yen, as the Japanese currency underperformed. Risk appetite was given a shot in the arm by a strong oil price rally, though the mood flatted somewhat after both the Germany’s DAX and the UK’s FTSE clocked new record highs. North Korean successfully launched a mid-range missile,… Read more »

XE Market Analysis: Europe – May 15, 2017

The dollar saw an opening bout of weakness, which saw EUR-USD nudge higher and USD-JPY nudge lower, before a subsequent bout of EUR-JPY demand helped lift the latter pairing out its lows. EUR-JPY has rallied into the London interbank open, with the cross showing a 0.3% gain on the day and making a two-session peak… Read more »

Victoria’s Avington Merinos is Australia’s first Responsible Wool Standard farm

AUSTRALIA’S first wool-growing properties have been certified under the international sheep and wool welfare program, the Responsible Wool Standard. The first property to gain farm certification under the standard is the north-east Victorian operation Avington at Sidonia, owned by Noel and Lyndsay Henderson. The post Victoria’s Avington Merinos is Australia’s first Responsible Wool Standard farm… Read more »

Countdown to CRT FarmFest

2017 CRT FarmFest Tuesday 6th to Thursday 8th June at Kingsthorpe is almost upon us. Come and see our staff down the lane near the Show Rings on stand LL10 and ask them about the FarmFest specials. The official CRT FarmFest website can be found at www.farmfest.com.au or check out FarmFestQLD on Facebook and @CRTFarmFest on Twitter. This… Read more »

Scanned first cross ewes sell to $272 in bigger AuctionsPlus offering

FIRST cross ewes sold to $272 and Merino wethers made to $145 on AuctionsPlus last week as online numbers rose 11,657 to 45,257 head. The post Scanned first cross ewes sell to $272 in bigger AuctionsPlus offering appeared first on Sheep Central. Source: Sheep Central Scanned first cross ewes sell to 2 in bigger… Read more »

Dry puts brakes on promising winter cropping season in WA

It has been a frustrating start to the winter crop sowing season for Western Australian growers with most of the state holding good sub-soil moisture levels, but not receiving enough rain to wet sow or link up with the big percentage of dry-sown crops that have gone in. The post Dry puts brakes on promising… Read more »

Three commercial breeders pool genetics to create Poll Wagyu stud

Wagyu cattle are traditionally horned but a unique breeding partnership between three prominent commercial Wagyu breeders is set to give producers greater access to Polled Wagyu bulls later this year. The post Three commercial breeders pool genetics to create Poll Wagyu stud appeared first on Beef Central. Source: Beef Central Three commercial breeders pool… Read more »

School for disabled children in Jakarta opens after livex funding boost

Funds raised by Australian live cattle exporters have helped to expedite the building of a new educational centre to benefit visually impaired and disabled children and adults in Indonesia. The post School for disabled children in Jakarta opens after livex funding boost appeared first on Beef Central. Source: Beef Central School for disabled children… Read more »

AgForce to invest more heavily in consumer research

In his days as a hard-running forward with the Roma Echidnas rugby union team, Grant Maudsley knew the importance of getting on the front foot to make an impact. Now he says a similar approach is needed for the organisation to play a more effective policy leadership role. The post AgForce to invest more heavily… Read more »

Elders half year net profit jumps $38.3 million with wool and livestock lift

RECORD livestock and wool prices and improved seasonal conditions have helped Elders to record a significant jump in net profit for the half year ending March 31. The post Elders half year net profit jumps $38.3 million with wool and livestock lift appeared first on Sheep Central. Source: Sheep Central Elders half year net… Read more »

Victoria’s Agriculture Minister tags one for the team at Ballan

VICTORIA’S Minister for Agriculture Jaala Pulford has tagged some of the first Autumn lambs of the season to highlight the mandatory use of electronic ear tags in all 2017-drop lambs and goat kids in the state. The post Victoria’s Agriculture Minister tags one for the team at Ballan appeared first on Sheep Central. Source:… Read more »

Drop in world wheat production: USDA

Global wheat production will decrease 15 million metric tonnes (MMT) from 753MMT to 738MMT for the coming season, according to the United States Department of Agriculture’s (USDA) first global production forecast for the season. The post Drop in world wheat production: USDA appeared first on Grain Central. Source: Grain Central Drop in world wheat… Read more »

Elders half year net profit jumps 56pc to $38.3m

Record livestock and wool prices and improved seasonal conditions have helped Elders to record a significant jump in net profit for the half year ending March 31. The post Elders half year net profit jumps 56pc to $38.3m appeared first on Beef Central. Source: Beef Central Elders half year net profit jumps 56pc to… Read more »

New livestock welfare partnership to focus on ‘aversive’ management practices

UP to $35 million will be invested over five years in a new Australian animal welfare partnership that will target ground-breaking research into aversive practices such as branding, dehorning, and castration. The post New livestock welfare partnership to focus on ‘aversive’ management practices appeared first on Sheep Central. Source: Sheep Central New livestock welfare… Read more »

WA feedlot first in state to install artificial shade

A Western Australian feedlotter is hoping the installation of artificial shade over his pens will increase the weight of his cattle. Source: ABC Livestock WA feedlot first in state to install artificial shade

Nuffield scholarship applications due in one month

FARMING’S young achievers and problem solvers have only one month to join the world’s leading agricultural study program and become a 2018 Nuffield Scholar. The post Nuffield scholarship applications due in one month appeared first on Sheep Central. Source: Sheep Central Nuffield scholarship applications due in one month

US Equity and Economic Review: Housing Has Healed

     The housing crisis – or, more specifically, the huge increase in mortgage financing that provided the bubble’s fuel — caused the recession.  Reckless lending habits allowed consumers to take at excessive levels of debt, which increased housing demand and drove up housing prices to unsustainable levels.  Like all speculative bubbles, this one burst, leading… Read more »

US Bond Market Week in Review: Rates Are Moving Higher

     There is no doubt that the Federal Reserve is in the process of raising rates.  The only question now is “when” and “how much.”  The latest “dot plot” from the latest Federal Reserve provides some general projections: Source: XE news feed US Bond Market Week in Review: Rates Are Moving Higher

Weekly Indicators: steady as she goes edition

April data included positive nominal and real retail sales, a surge in producer inflation, but mild consumer inflation. The University of Michigan’s initial May consumer confidence reading was generally unchanged.   Source: XE news feed Weekly Indicators: steady as she goes edition

Are US and global meat markets entering a ‘super demand’ cycle for 2017/18?

In this contributed article, meat and livestock industry consultant Simon Quilty argues there’s a lot more than just supply and demand going on in the current US and international beef cycle… The post Are US and global meat markets entering a ‘super demand’ cycle for 2017/18? appeared first on Beef Central. Source: Beef Central … Read more »

PTIC heifers avg $1976 in 12,000 head AuctionsPlus offering

Cattle numbers were steady on AuctionsPlus this week, with listings totalling 12,000 head. In-calf female numbers remained strong, with PTIC heifers averaging $1976 and PTIC proven breeders averaged $1632. The post PTIC heifers avg $1976 in 12,000 head AuctionsPlus offering appeared first on Beef Central. Source: Beef Central PTIC heifers avg 76 in 12,000… Read more »

XE Market Analysis: Asia – May 12, 2017

The dollar fell broadly in N.Y. on Friday, with weaker U.S. retail sales and cooler core PPI weighing. EUR-USD opened at session lows of 1.0870, before making its way to 1.0934 highs into the London close. USD-JPY dropped from 113.90 to a four-day low of 113.20. USD-CAD followed the generally weaker dollar lower, basing at… Read more »

XE Market Analysis: US Dollar Falls as Soft Data Continues

OVERVIEW Germany, Europe’s biggest economy, grew 0.6% in the January-March period after remaining at 0.4% in the final three months of 2016. US retail sales and consumer price inflation both came in below market forecasts. Bank of Japan board member, Yutaka Harada, said the central bank must be “very careful” about exiting from its ultra-loose monetary… Read more »

XE Market Analysis: North America – May 12, 2017

The dollar has steadied after four straight up days, with the narrow USD index having settled around the 99.50 mark so far today after clocking a three-week high at 99.68 yesterday. EUR-USD re-established itself above 1.0850 after logging an 18-day low at 1.0839 yesterday. USD-JPY remained heavy, though remained above the 113.46 low posted yesterday…. Read more »

S Kidman and Co managing director Greg Campbell steps down

Australia’s richest businesswoman Gina Rinehart is looking for a managing director to take the Kidman cattle empire into a new era, after managing director Greg Campbell retires. Source: ABC Livestock S Kidman and Co managing director Greg Campbell steps down

XE Market Analysis: Europe – May 12, 2017

The dollar has steadied after four straight up days, with the narrow USD index having settled around the 99.50 mark so far today after clocking a three-week high at 99.68 yesterday. The main U.S. indicies on Wall Street posted their biggest declines in three weeks yesterday, which appears to have taken some of the shine… Read more »

Forbes Stud Pig Sale – Bedgerabong Showgrounds

At the Riverina display at yesterday’s Forbes Stud Pig Sale, Riverina’s Anthony Grob was representing our proud support of the Australian Pork Industry, along with Emma Baxter and the active team of organisers of this annual event. It was great to see that we had a large amount of interest and inquiry in our display… Read more »

Queensland sheep dog trials attract record entries

The sheep dog trial circuit kicks off in Queensland’s west with a record high number of entries at Barcaldine this week. Source: ABC Livestock Queensland sheep dog trials attract record entries

Time to follow NZ approach to effluent management: Aus livestock transporters

Moves to establish a network of strategically placed stock truck effluent dumps around Australia and other effluent management strategies, both on-and off-farm, are set to grow following a recent livestock transporters tour of New Zealand. The post Time to follow NZ approach to effluent management: Aus livestock transporters appeared first on Beef Central. Source:… Read more »

Merino wool prices slump on vegetable fault levels and quality

MERINO wool prices dropped this week as buyers came to terms with fleece with high vegetable matter content and more prematurely shorn clips in a smaller offering. The post Merino wool prices slump on vegetable fault levels and quality appeared first on Sheep Central. Source: Sheep Central Merino wool prices slump on vegetable fault… Read more »

Saleyard slaughter lamb prices firm as supplies dwindle

SLAUGHTER lamb prices held firm this week, despite more secondary lambs being yarded, as restockers and exporters competed across the light and trade categories, and processors fought over dwindling quality trade and heavy supplies. The post Saleyard slaughter lamb prices firm as supplies dwindle appeared first on Sheep Central. Source: Sheep Central Saleyard slaughter… Read more »

Recruitment: Are you investing enough time in your staff?

Regardless of whether yours is a small cattle enterprise with one or two employees, or a feedlot employing 30, running an agribusiness is a juggling act, with multiple management responsibilities needing ongoing attention. One area on which managers cannot afford to lose focus is staff, particularly when this can impact on profitability and day to… Read more »

Helicopter crash spurs Hazlett family move to outback station

After his brother was made a quadriplegic in a horrific helicopter crash, Ed Hazlett moved his family from NSW to outback Queensland to help out on the station. Source: ABC Beef Cattle Helicopter crash spurs Hazlett family move to outback station

Unlocking the value of straw in new ag study

A group of enterprising grain growers in the Central Highlands of Victoria will investigate the potential of converting industry waste into bio-energy fuel and other value-adding products. The post Unlocking the value of straw in new ag study appeared first on Grain Central. Source: Grain Central Unlocking the value of straw in new ag… Read more »

Insect trapping technology trials to revolutionise grain pests battle

They read like something from a sci-fi novel — Mobile Jet Spore Samplers and Insect Suction Traps — but they are a part of a growing number of smart pest trapping technologies. Source: ABC Grain Insect trapping technology trials to revolutionise grain pests battle

Red Centre rooster imprisoned with other jail birds

A feathered fiend gets a second chance at a Central Australian jail, which has been taking in ‘bad birds’ for 20 years. Source: ABC Livestock Red Centre rooster imprisoned with other jail birds

Dubbo sale 10 May 2017: Market recovers falls from previous week

Young cattle were the majority in a pretty good quality yarding at Dubbo this week, with good numbers of trade cattle to suit the processors and feeders. There was also a fair selection of cows along with a limited supply of grown steers. Almost 90% of the yarding was sourced from local districts with only… Read more »

XE Market Analysis: Asia – May 11, 2017

The dollar perked up early in the N.Y. session on Thursday, reacting to hotter U.S. PPI figures, and a lower than forecast jobless claims outcome. USD gains were short-lived however, as risk-taking conditions deteriorated. Wall Street opened lower, with the market spooked by concerns the U.S. Russia investigation could derail progress on Trump’s economic agenda…. Read more »

XE Market Analysis: NZ Dollar Slides After Central Bank Meeting

OVERVIEW The Bank of England left rates on hold at 0.25% as expected, with Kristen Forbes continuing to vote for a 0.25% increase. UK industrial and manufacturing production for March is disappointing, falling 0.5% and 0.6% respectively from February. The UK trade deficit pointed to weaker growth as it widened to £13.44bn and exports rose… Read more »

Q fever: the livestock industry’s million dollar problem

The livestock industry loses 1700 weeks in productivity each year and millions of dollars across the supply chain due to a lack of understanding around Q fever, a new campaign being run by Victoria’s peak farmer group will show. The post Q fever: the livestock industry’s million dollar problem appeared first on Beef Central. … Read more »

XE Market Analysis: North America – May 11, 2017

EUR-USD settled above the two-week low logged late yesterday at 1.0853, which was the culmination of four straight sessions of declines. USD-JPY remained well bid after seeing a near two-month high at 114.37 late yesterday, with a bullish session across Asia stock markets keeping the yen on the offer. EUR-JPY and other yen crosses have… Read more »

Drought grip eases but Queensland still dry

Good autumn rain and floods caused by ex-Tropical Cyclone Debbie are not enough to break the back of a crippling drought still affecting 70 per cent of Queensland. Source: ABC Grain Drought grip eases but Queensland still dry

XE Market Analysis: Europe – May 11, 2017

The dollar has remained broadly underpinned, with the narrow USD index clocking a three-week high. USD-JPY saw a new two-month high at 114.37 late yesterday and has since remained well bid, with a bullish session across Asia stock markets kept the yen on the offer. EUR-JPY and other yen crosses have been consolidating just off… Read more »

GrainCorp records strong half-year results

The record-breaking grain harvest flows through to Australia’s largest grain handler, GrainCorp, which records a half-year net profit of $100 million after tax. Source: ABC Grain GrainCorp records strong half-year results

Agribusiness Australia warns against complacency

Australia’s agricultural sector needs to capitalise on its advantages to become more productive and expand market share in key markets including Asia, according to Agribusiness Australia. The post Agribusiness Australia warns against complacency appeared first on Grain Central. Source: Grain Central Agribusiness Australia warns against complacency

South Australian livestock and grain producers plan joint conference

LIVESTOCK and grain producers of South Australia will celebrate their industries together and hopefully make a political impact in a joint conference initiative on August 11 this year. The post South Australian livestock and grain producers plan joint conference appeared first on Sheep Central. Source: Sheep Central South Australian livestock and grain producers plan… Read more »

GrainCorp posts half-year underlying profit of $100m

Graincorp has reported a half-year Earnings Before Interest, Tax, Depreciation and Amortisation figure of $236 million and an Underlying Net Profit After Tax of $100m, both well up on comparable 2016 results. The post GrainCorp posts half-year underlying profit of $100m appeared first on Grain Central. Source: Grain Central GrainCorp posts half-year underlying profit… Read more »

NSW to streamline management of crown roads

The New South Wales Government streamlines laws governing crown roads, sparking concerns about access to vital public reserves. Source: ABC Livestock NSW to streamline management of crown roads

Countdown to Rockhampton’s Beef 2018 expo gets underway

Eleven months, twenty-six days. The countdown to the Beef Australia 2018 industry event in Rockhampton is now well and truly on, as the awareness about the next national beef expo got underway last night with an official launch in Brisbane. The post Countdown to Rockhampton’s Beef 2018 expo gets underway appeared first on Beef Central. … Read more »

Queensland man charged after goat theft probe in St George area

A QUEENSLAND man has been charged with suspected goat stealing after an investigation in the Saint George area. The post Queensland man charged after goat theft probe in St George area appeared first on Sheep Central. Source: Sheep Central Queensland man charged after goat theft probe in St George area