Month: May 2017

2017 North Star Classic – Todd Graham

Riverina was the proud sponsor of the North Star Cutting Classic recently hosted by the Northern Rivers Cutting Horse Club. This video captures one of the best riders in the country, Todd Graham, doing his thing riding Melody’s Cat owned by Natasha Wrigley in the Riverina Arena at this year’s event. We are proud to say that… Read more »

Dairy Producer Evening – Crows Nest, QLD

  Riverina Stockfeeds hosted a very successful, if somewhat cold, Producer Evening at Crows Nest last night. Our nutritionist, Greg Brown advised attendees on transition diets, the use of springer pellets and magnesium in diets. Also presenting was Jenny Houlihan from IAH, who spoke on general gut health.

Property: Large CQ breeder block makes $15m, in ‘benchmark’ sale

Large Central QLD breeding property Galloway Plains sold under the hammer for $15m at auction this morning. The listing has provided a good test of the demand for larger-scale Central QLD breeder country, which has been a thinly-traded market segment recently – due to lack of supply rather than lack of demand. The post Property:… Read more »

Red meat printing initiative prompts 3D pop-up restaurant idea

A 3D printing conference held in Melbourne last week generated significant interest within Australia and internationally, particularly around the potential opportunities for the red meat industry to utilise 3D printing technology. The post Red meat printing initiative prompts 3D pop-up restaurant idea appeared first on Beef Central. Source: Beef Central Red meat printing initiative… Read more »

Q Lamb founder Polly Trefort inducted into WA Agricultural Hall of Fame

Q LAMB founder Peter Trefort has been inducted into the WA Royal Agricultural Society’s Hall of Fame. The post Q Lamb founder Polly Trefort inducted into WA Agricultural Hall of Fame appeared first on Sheep Central. Source: Sheep Central Q Lamb founder Polly Trefort inducted into WA Agricultural Hall of Fame

Rain eases Qld drought, but more than two-thirds still affected

The drought declared area of Queensland has reduced from a record 87.47 percent to 69.75pc, after the State’s agriculture minister accepted recommendations from local drought committees for revocations in several shires. The post Rain eases Qld drought, but more than two-thirds still affected appeared first on Beef Central. Source: Beef Central Rain eases Qld… Read more »

XE Market Analysis: Asia – May 10, 2017

FX trade was relatively light in N.Y. on Wednesday, leaving most major dollar pairings inside of narrow trading bands. USD-JPY found buyers after a softer 10-year Treasury auction, which saw U.S. yields rise. The pairing topped at 114.37, a new two-month high. EUR-USD was range bound over 1.0850, though USD-CAD was pushed into lows of… Read more »

XE Market Analysis: Dollar Slips After FBI Director Firing

OVERVIEW Markets are recovering from an initial sell-off following news that FBI chief James Comey was fired. U.S. import prices rose 0.5% in April, beating expectations fora fifth straight monthly increase. Mario Draghi said the Eurozone economy is strengthening but that stimulus is still required. The meeting minutes of Sweden’s Riksbank reflected that members felt… Read more »

New psyllid resistant leucaena to feature at field day

A new variety of psyllid resistant leucaena with the potential to improve profits for beef producers will be showcased at an upcoming field day. The post New psyllid resistant leucaena to feature at field day appeared first on Beef Central. Source: Beef Central New psyllid resistant leucaena to feature at field day

Dalby 10 May 2017: Export cheaper, balance firm

Light weight yearling steers returning to the paddock sold to firm demand however light weight heifers sold to a cheaper trend. Medium and heavy weight yearling steers to feed experienced very little change in price while medium weight yearling heifers to feed averaged 13c/kg less. A fair line up of heavy grown steers and bullocks… Read more »

Weekly Property Review – Building Rifa’s Australian beef empire

In a follow-up to last week’s property report on Chinese investment, this week we talk to David Goodfellow about the investment strategy he has adopted on behalf of Chinese investor Rifa Salutary in building the company’s expanding beef portfolio in Australia. The post Weekly Property Review – Building Rifa’s Australian beef empire appeared first on… Read more »

XE Market Analysis: North America – May 10, 2017

EUR-USD has declined for a fourth straight session, this time logging a 12-day low at 1.0863. The euro has also traded softer against the yen and sterling, among other currencies, while the narrow USD index recovered from Asia-session weakness to log a fresh 19-day high. Markets have factored in Macron’s win at the French presidential… Read more »

XE Market Analysis: Europe – May 10, 2017

The dollar has traded modestly lower so far today, which some market narratives link with Trump’s firing of FBI Director Comey. USD-JPY settled back under 114.00 after clocking a two-month peak at 114.33 yesterday. The high caps an impressive winning streak, with the pair having climbed in every session bar three over the last three… Read more »

Inland Rail given $8.4bn green light from Federal Budget

Farmer groups have welcomed last night’s Federal Budget announcement providing a massive $8.4 billion in funding for the 1700-kilometre Melbourne-Brisbane Inland Rail project. The post Inland Rail given $8.4bn green light from Federal Budget appeared first on Grain Central. Source: Grain Central Inland Rail given .4bn green light from Federal Budget

Southern Queensland transport interchange to drive down grain costs

Construction began today on a new intermodal transport interchange on the western outskirts of Toowoomba on Queensland’s Darling Downs that will link with the new Inland Rail line and has the potential to bring significant cost benefits to grain producers and exporters. The post Southern Queensland transport interchange to drive down grain costs appeared first… Read more »

Ag tech innovators to pitch their ideas to funders in Toowoomba next week

About $20million worth of farm and resource management applications, supply chain solutions and bio-technology will be explored at the May 18, 400M AgTech Investment Forum in Toowoomba. The post Ag tech innovators to pitch their ideas to funders in Toowoomba next week appeared first on Grain Central. Source: Grain Central Ag tech innovators to… Read more »

Red meat printing initiative prompts Australian 3D pop-up restaurant idea

THE writing could be on the plate for Australia’s first pop-up fully 3D-printed restaurant. And lamb and beef will be on the menu if Meat & Livestock Australia has anything to do with it. The post Red meat printing initiative prompts Australian 3D pop-up restaurant idea appeared first on Sheep Central. Source: Sheep Central … Read more »

Family’s paddock to plate supply chain measures up

A cattle producing family has shared the story of their journey from a conventional breeding and growing operation several years ago into a fully integrated paddock to plate supply chain, with their own feed mill, grain-assisted paddock finishing system and retail beef brand. The post Family’s paddock to plate supply chain measures up appeared first… Read more »

Federal $8.3m live export investment is ‘a step’ to Saudi trade resumption

AN $8.3 million Federal Government investment in the proposed Livestock Global Assurance Program was “a step along” the journey to resumption of the Saudi Arabia sheep trade, Western Australian Senator Chris Back said today. The post Federal $8.3m live export investment is ‘a step’ to Saudi trade resumption appeared first on Sheep Central. Source:… Read more »

AA Co delivers full year operating profit of $45m

The Australian Agricultural Co has just minutes ago announced operating EBITDA (earnings before interest, tax, depreciation and amortisation) for the 12 months to March 31 of $45 million, and statutory EBITDA of $133.2m. The post AA Co delivers full year operating profit of $45m appeared first on Beef Central. Source: Beef Central AA Co… Read more »

2017-18 Federal budget: What’s in it for beef?

Deputy Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce, says the 2017–18 Budget delivers on Coalition Government’s election commitments that will achieve achieve farmgate better returns and a fairer go for those working in agriculture. The post 2017-18 Federal budget: What’s in it for beef? appeared first on Beef Central. Source:… Read more »

XE Market Analysis: Asia – May 09, 2017

The dollar firmed up in N.Y. trade on Tuesday, taking its cue from higher Treasury yields. There was little in the way of market moving U.S. data, though decent risk taking levels provided the greenback some support. EUR-USD topped at 1.0906 at mid-morning before slipping to an eight-session low of 1.0867 into the close. USD-JPY… Read more »

XE Market Analysis: Fall of Australian Dollar Continues

OVERVIEW Markets are higher across Europe today as optimism over global growth drove investors towards equities and away from government bonds. German industrial output also pointed to robust economic activity as it rose 1.4% in the first quarter. The British Retail Consortium reported the strongest year-on-year growth in six years in April. Canadian building permits… Read more »

Roma Store 9 May 2017: Buyers selective in mixed quality yarding

Many pens were painted-out assortments allowing buyers to be selective throughout the process to fill their quotas as they were all present and operating. An example of quality being rewarded was four pens of steers averaging 450kg making to 396.2c to average 355c/kg. The post Roma Store 9 May 2017: Buyers selective in mixed quality… Read more »

Agrifood innovator scholarships up for grabs in WA

Scholarships of up to $30,000 are available to farmers and innovators in the agriculture and aquaculture sector under round two of a Western Australian program to foster entrepreneurship and innovation in the agrifood sector. The post Agrifood innovator scholarships up for grabs in WA appeared first on Grain Central. Source: Grain Central Agrifood innovator… Read more »

NVLX Wodonga 9 May 2017: Prices ease with condition of yarding

Cattle prices reflected the wide variation in the condition of stock being sold at NVLX Wodonga this week, ranging from 10c to 30c cheaper in a smaller offering of 1,200 cattle. The post NVLX Wodonga 9 May 2017: Prices ease with condition of yarding appeared first on Beef Central. Source: Beef Central NVLX Wodonga… Read more »

Are we approaching the top of the property market cycle?

The 2017 year for rural property is potentially shaping as quite different to last year for a number of regions, Herron Todd White national director Tim lane says. The post Are we approaching the top of the property market cycle? appeared first on Beef Central. Source: Beef Central Are we approaching the top of… Read more »

Weekly rainfall wrap + 14 day outlook, 10 May 2017

It was a largely dry week across the continent, with the only areas recording 25mm or more being southwestern Tasmania, northeastern New South Wales, the central and north tropical Queensland coast and pockets of southwest Western Australia. The post Weekly rainfall wrap + 14 day outlook, 10 May 2017 appeared first on Beef Central. … Read more »

Senior Loan Officer Survey shows slight loosening, validating forecast of Chicago Fed indexes

Several weeks ago when I introduced coverage of the Chicago Fed’s Financial Conditions Indexes, ( http://bonddad.blogspot.com/2017/04/a-high-frequency-indicator-for-credi… ) I noted that they appeared to be a very good and much more timely proxy for the quarterly Senior Loan Officer Survey.  Here is the graph I used then: Source: XE news feed Senior Loan Officer Survey shows… Read more »

XE Market Analysis: North America – May 09, 2017

The dollar traded broadly firmer. The narrow USD index was showing a 0.3% gain as of the early European PM session, trading at three-session highs. EUR-USD ebbed to a new post-French election correction low, at 1.0892, while the euro fared better against other currencies, foraying into seven-month high terrain above 1.0900 versus the Swiss franc,… Read more »

XE Market Analysis: Europe – May 09, 2017

The dollar has been trading firmly so far today. USD-JPY edged out a fresh two-month peak at 113.39, with the pairing now racking up a fairly impressive winning streak, climbing in every session bar three over the last three weeks, lifting out of the six-month low that was posted at 108.12 in mid April. … Read more »

Pop-up restaurant in Sydney is latest weapon in MLA lamb marketing armoury

A POP-UP restaurant where Sydney patrons can pay for bespoke lamb meals with any currency is the latest innovation in Meat & Livestock Australia’s ongoing efforts to promote the premium sheep meat domestically. The post Pop-up restaurant in Sydney is latest weapon in MLA lamb marketing armoury appeared first on Sheep Central. Source: Sheep… Read more »

Flying herds – Wagyu growth creating opportunities to breed specialist Angus replacement females

The rapid expansion of Wagyu/Angus first cross (F1) cattle herds in Australia is creating opportunities for producers to adapt the flying herd concept from the dairy industry and for breeders to become specialist suppliers of Angus replacement females. The post Flying herds – Wagyu growth creating opportunities to breed specialist Angus replacement females appeared first… Read more »

CSIRO developing tech to predict future weight of cattle

Researchers are getting closer to developing software that helps predict the future weight of livestock, ultimately helping farmers to know when their cattle will be ready to sell. Source: ABC Livestock CSIRO developing tech to predict future weight of cattle

TFI launches goat kills at Tamworth, as prices reach stratospheric 750c/kg

Goat prices have soared to a new record, with grids hitting 750c/kg carcase weight this week, as Thomas Foods International launches a new goat kill at its Tamworth processing facility in NSW. The post TFI launches goat kills at Tamworth, as prices reach stratospheric 750c/kg appeared first on Beef Central. Source: Beef Central TFI… Read more »

Throw some turkey bacon on the barbie

A South Australian free-range turkey farmer moves into speciality products including pepperoni, bacon and chorizo. Source: ABC Livestock Throw some turkey bacon on the barbie

Goat meat prices are rebounding after dipping in April

GOAT meat prices prices are bouncing back this month after drifting lower in April, Meat & Livestock Australia has reported. The post Goat meat prices are rebounding after dipping in April appeared first on Sheep Central. Source: Sheep Central Goat meat prices are rebounding after dipping in April

Qld to investigate introduction of lay pregnancy testing of cattle

Queensland’s peak livestock industry representative organisation is stepping up calls for the state Government to allow lay pregnancy testing in the state. And the Queensland Government looks to be responding, with a new public consultation process expected to commence soon. The post Qld to investigate introduction of lay pregnancy testing of cattle appeared first on… Read more »

Late start to Top End mustering after above average wet season

Mustering on cattle stations in the Top End of the Northern Territory are off to a later start than normal, after an above average wet season. Source: ABC Beef Cattle Late start to Top End mustering after above average wet season

Ag tech innovators to pitch their ideas to funders in Toowoomba next week

About $20million worth of farm and resource management applications, supply chain solutions and bio-technology will be explored at the May 18, 400M AgTech Investment Forum in Toowoomba. The post Ag tech innovators to pitch their ideas to funders in Toowoomba next week appeared first on Beef Central. Source: Beef Central Ag tech innovators to… Read more »

XE Market Analysis: Asia – May 08, 2017

The dollar firmed up in N.Y. trade on Monday, seeing EUR-USD pull back to 1.0924 lows, after topping at 1.1015 in early Asian dealings after the Macron win. Sell-the-news was in effect through to the London close. USD-JPY topped 113.05, a new six-week high, on improved risk appetite. USD-CAD rallied to 1.3733, as WTI crude… Read more »

XE Market Analysis: Macron Victory a Major Focus

OVERVIEW Euro makes short-lived gains on the Macron victory in the French presidential election. The Sterling is set to have a run at the key 1.3000 resistance level against the US Dollar. The US Dollar is at 2017 lows against the Pound and Euro as risk appetite returns seeing the Dollar sold.    Source:… Read more »

New tool can help transform financial literacy across beef industry: Cattle Council

A new financial literacy tool designed for Australian agriculture can help to transform how Australian beef producers operate their businesses, according to Cattle Council Chief Executive Officer, Duncan Bremner. The post New tool can help transform financial literacy across beef industry: Cattle Council appeared first on Beef Central. Source: Beef Central New tool can… Read more »

Wagga sale 8 May 2017: Dry conditions bring supply pressure

There were weaker results for prices at Wagga in a similar sized yarding of 3700, as dry conditions continue to put supply pressure on the market. The post Wagga sale 8 May 2017: Dry conditions bring supply pressure appeared first on Beef Central. Source: Beef Central Wagga sale 8 May 2017: Dry conditions bring… Read more »

XE Market Analysis: North America – May 08, 2017

The euro retreated after seeing only a brief rally in the opening phases of trading in Asia Pacific following the well-anticipated victory of Macron in the runoff presidential election in France on Sunday. EUR-USD logged a peak of 1.1023, the first time the pairing has traded above the 1.10 level since last November, before an… Read more »

XE Market Analysis: Europe – May 08, 2017

The euro saw only a brief rally in the opening phases of trading in Asia Pacific following the well-anticipated victory of Macron in the runoff presidential election in France on Sunday. EUR-USD logged a peak of 1.1023, the first time the pairing has traded above the 1.10 level since last November. The pair has subsequently… Read more »

Top End meat wholesaler sees demand increase 20 per cent

High cattle prices force NT customers to look for cheaper cuts of beef or alternative meats, according to meat wholesaler. Source: ABC Livestock Top End meat wholesaler sees demand increase 20 per cent

Goondiwindi Show 5 & 6 May 2017

This year Riverina’s Warwick and Oakey branches sponsored the Stud Cattle and Equestrian events at the Goondiwindi Show. Two of our staff Emma Mills and Chris Dearden were there to show our support. The team at Riverina Stockfeeds would like to Congratulate Nigel and Toni Sharpe from Bunda Santa Gertrudis Stud for their successes, including:… Read more »

Kansas wheat crops pummelled by severe blizzard

Farmers in the United States’ largest wheat producing state are assessing the damage from a severe blizzard that blanketed Kansas with between 15 and 60 centimetres of snow. Source: ABC Grain Kansas wheat crops pummelled by severe blizzard

'Devastated' dairy workers urge government to save country jobs

Devastated workers for Australia’s largest dairy processor call on both the Victorian and federal governments to help protect the future of their jobs, with the union saying they feel they have been lied to by the company. Source: ABC Livestock ‘Devastated’ dairy workers urge government to save country jobs

Scanned in-lamb Merino ewes sell to $265 on AuctionsPlus

SCANNED in-lamb Merino ewes sold to $265 on AuctionsPlus last week, as sheep and lamb numbers listed online increased 3114 to 33,600 head. The post Scanned in-lamb Merino ewes sell to $265 on AuctionsPlus appeared first on Sheep Central. Source: Sheep Central Scanned in-lamb Merino ewes sell to 5 on AuctionsPlus

Northern cattle exports down 25 percent so far in 2017

Cattle exports from northern Australia have fallen by 25pc compared to last year, latest port data from January to the end of April shows. The post Northern cattle exports down 25 percent so far in 2017 appeared first on Beef Central. Source: Beef Central Northern cattle exports down 25 percent so far in 2017

Mice chew into crop seeding programs in southern Australia

HIGH mouse numbers across the farming zones of South Australia and Victoria are causing substantial seeding losses as winter crop sowing moves into full swing. The post Mice chew into crop seeding programs in southern Australia appeared first on Grain Central. Source: Grain Central Mice chew into crop seeding programs in southern Australia

ACCC set to call against wholesale domestic mobile roaming

The ACCC has released its draft decision proposing to not declare a wholesale domestic mobile roaming service. The post ACCC set to call against wholesale domestic mobile roaming appeared first on Grain Central. Source: Grain Central ACCC set to call against wholesale domestic mobile roaming

'Barkly Strangler' toxic weed takes hold on outback cattle station

Heavy rainfall revives dormant rubber vine seeds, also known as the Barkly Strangler, after is was first discovered on Soudan Station in 2011. Source: ABC Livestock ‘Barkly Strangler’ toxic weed takes hold on outback cattle station

Blockchain bolsters grain payment security

Australian technology company, AgriDigital, has conducted the world’s first live settlement of a physical commodity via blockchain, opening up new opportunities for grain growers. The post Blockchain bolsters grain payment security appeared first on Grain Central. Source: Grain Central Blockchain bolsters grain payment security

Low THC hemp approved for sale as food in NSW

Strict guidelines around the marketing and labelling of foods containing low THC hemp will be introduced, following the approval of hemp for sale as food by the Australia and New Zealand Ministerial Forum on Food Regulation. The post Low THC hemp approved for sale as food in NSW appeared first on Grain Central. Source:… Read more »

Workshops to focus on QLD freeholding and rural property values

North and North West Queensland primary producers wanting to know more about freeholding their properties and the impact of new land valuations are encouraged to attend free workshops in Charters Towers, Hughenden and Cloncurry next week. The post Workshops to focus on QLD freeholding and rural property values appeared first on Beef Central. Source:… Read more »

Rabbit body count rising after new calicivirus release

WILD rabbit numbers are falling in some areas nationally following the release of the new Korean strain of the rabbit haemorrhagic disease virus, RHDV1 K5, in March. The post Rabbit body count rising after new calicivirus release appeared first on Sheep Central. Source: Sheep Central Rabbit body count rising after new calicivirus release

Livestock exporters welcome Australian Farm Institute report

The Australian Livestock Exporters’ Council has welcomed the release of a report providing a detailed analysis of Australia’s $2 billion-plus livestock export industry. The post Livestock exporters welcome Australian Farm Institute report appeared first on Beef Central. Source: Beef Central Livestock exporters welcome Australian Farm Institute report

Goat population mapping focus on New South Wales

A GOAT population modelling project is already yielding results for New South Wales producers. The post Goat population mapping focus on New South Wales appeared first on Sheep Central. Source: Sheep Central Goat population mapping focus on New South Wales

Business and personal health on QLD farming family forum agenda

SOUTH-EAST Queensland farming families wanting to improve their business and improve their health are being encouraged to attend a free forum in Warwick later this month. AgForce Drought Project manager Tahna Jackson said the Warwick event on May 24 was the first of five events being held across Queensland this year under the State Government’s… Read more »

'It's this or we all walk off': Radical plan to bring bush back to life

David Pollock is a cattleman with no cows. He would rather watch the grass grow on the historic Wooleen Station. He is slowly returning his childhood home in remote WA to its ancient splendour. In a landscape more than 3 billion years old, the final product will take over a generation to complete. Source:… Read more »

Red meat export focus on crucial UK trade and market access, post Brexit

Recent political developments in the United Kingdom have been seized on by MLA, in the opportunity provided to push forward the campaign for non-discriminatory market access for Australian beef and lamb. The post Red meat export focus on crucial UK trade and market access, post Brexit appeared first on Beef Central. Source: Beef Central … Read more »

International Economic Week in Review: Australia Remains Solid

     The French election is still the most important international economic story.  Macron is projected to win, but a now all too familiar last minute document hack occurring right before the final media blackout threw a potential wild card into the equation.  The EU potentially hangs in the balance: Le Pen has promised a… Read more »

US Equity and Economic Week in Review: 1Q Earnings Are Looking Good

     For the first times in recent memory, personal spending data is slightly concerning.  In the latest BEA report, personal consumption expenditures were flat for the second consecutive month and rose .3% in 2009 dollars:  Source: XE news feed US Equity and Economic Week in Review: 1Q Earnings Are Looking Good

US Bond Market Week in Review: Are Weaker Auto Sales Forecasting a Slower 2Q GDP and Employment Number?

     To no one’s surprise, on Wednesday the Federal Reserve maintained their current interest rate policy.  In the statement’s opening paragraph, they observe that the employment situation is strong and inflation is near their 2% target.  They also argue that, “… the slowing in growth during the first quarter as likely to be transitory and… Read more »

Top End's most notorious bull still king after Noonamah Rodeo

Guns N’ Roses — a fierce bull with a 100 per cent buck-off rate — has his way with those brave enough to take him on in Darwin. Source: ABC Livestock Top End’s most notorious bull still king after Noonamah Rodeo

Weekly Indicators: negatives all but disappear edition

April data started out with a very positive employment report. Auto sales were neutral. ISM measures of both manufacturing and services were quite positive, although less so than March.    Source: XE news feed Weekly Indicators: negatives all but disappear edition

PTIC young cows avg $2135 on AuctionsPlus

Cattle numbers on AuctionsPlus this week rose slightly on what were already large listings the week before, producing a total consignment of 12,113 head. PTIC female numbers were up, with in-calf heifers averaging $1856 and selling to a top of $2880. The post PTIC young cows avg $2135 on AuctionsPlus appeared first on Beef Central. … Read more »

XE Market Analysis: Asia – May 05, 2017

A solid April U.S. jobs report left the dollar mostly lower in N.Y. trade on Friday. Despite the data upping the odds for a June Fed rate hike, EUR-USD rallied to fresh six-month highs just shy of 1.1000. Pre-France election buying appeared to be the driver. Wall Street struggled to rally through the session, though… Read more »

XE Market Analysis: U.S. Unemployment Lowest in a Decade

OVERVIEW Markets were boosted by a strong US jobs number and oil prices have rebounded slightly from a 6-month low. BoJ governor Kuroda said he was confident inflation will accelerate “significantly” with massive monetary stimulus and fiscal support as the economy recovers. The Canadian economy created fewer jobs than expected last month, while the unemployment… Read more »

XE Market Analysis: North America – May 05, 2017

The euro has corrected somewhat after logging fresh highs during the Asia session, a six-month high at 1.0990 in the case of EUR-USD, and a four-month peak at 123.67 in the case of EUR-JPY. The risk event that is the release of the U.S. April jobs report, later today, along with the natural desire for… Read more »

XE Market Analysis: Europe – May 05, 2017

The dollar has been trading mixed as today’s release of the April U.S. jobs report looms, falling against the yen and euro while gaining versus commodity currencies. Risk appetite has soured with oil prices dropping below $45 (for the firs time since last November) and with China taking efforts to de-bubble its property market (with… Read more »

WA dairy farmers reject cost sharing proposal

Dairy farmers contracted to milk processor Harvey Fresh reject a “pain share” proposal that the company says would have enabled it to navigate through difficult times without having to shed any more suppliers. Source: ABC Livestock WA dairy farmers reject cost sharing proposal

Gina hatches plans for massive live export deal with China

Mining magnate and rapidly-expanding beef producer Gina Rinehart appears to be on the brink of launching an ambitious plan designed to ultimately export up to 800,000 head of Australian live cattle to China each year. The post Gina hatches plans for massive live export deal with China appeared first on Beef Central. Source: Beef… Read more »

Beef Central reader survey

In order to improve our service to readers, we would be grateful if you could spare a few minutes to answer some questions about Beef Central. The post Beef Central reader survey appeared first on Beef Central. Source: Beef Central Beef Central reader survey

Grain Central reader survey

In order to improve our service to readers, we would be grateful if you could spare a few minutes to answer some questions about Grain Central. The post Grain Central reader survey appeared first on Grain Central. Source: Grain Central Grain Central reader survey

JBS Australia releases forward contract for MSA lambs as saleyard prices dip

LAMB processor JBS Australia this week joined other major market operators and released forward contracts for June and July delivery of MSA-registered lambs to its Brooklyn plant in Victoria and Bordertown in South Australia. The post JBS Australia releases forward contract for MSA lambs as saleyard prices dip appeared first on Sheep Central. Source:… Read more »

Frozen lamb shipments and Asian demand lifts with high farmgate prices

OVERSEAS lamb markets have reacted to higher farmgate prices with a shift in the proportion of chilled and frozen shipments this year. The post Frozen lamb shipments and Asian demand lifts with high farmgate prices appeared first on Sheep Central. Source: Sheep Central Frozen lamb shipments and Asian demand lifts with high farmgate prices

April beef exports slump to 17-year low

Australia’s monthly beef exports for April slumped to a 17-year low for the month, falling short of 67,000 tonnes. The post April beef exports slump to 17-year low appeared first on Beef Central. Source: Beef Central April beef exports slump to 17-year low

Sheep Central reader survey

In order to improve our service to readers, we would be grateful if you could spare a few minutes to answer some questions about Sheep Central. The post Sheep Central reader survey appeared first on Sheep Central. Source: Sheep Central Sheep Central reader survey

Qld Wagyu entry wins Brisbane Show branded beef competition

Stockyard’s Kiwami premium Wagyu brand, used exclusively for marbling score 9+ carcases, topped 41 other entrants to earn the grand championship at the Brisbane Royal’s annual branded beef competition staged this morning. Here’s all the results. The post Qld Wagyu entry wins Brisbane Show branded beef competition appeared first on Beef Central. Source: Beef… Read more »

Spring hedge levels break new ground in forward wool markets

IT was another positive week on the forward wool markets, with most grower interest centred around the spring and early summer. The post Spring hedge levels break new ground in forward wool markets appeared first on Sheep Central. Source: Sheep Central Spring hedge levels break new ground in forward wool markets

XE Market Analysis: Asia – May 04, 2017

Mixed incoming U.S. data weighed on the dollar in N.Y. on Thursday, while the euro found strength from a poll putting Macron further ahead of LePen for the French presidency. EUR-USD rallied to near 6-month highs of 1.0979. USD-JPY meanwhile topped at a 6-week peak of 113.04, before falling into 112.40 on softer risk taking… Read more »

Telstra won’t be forced to share rural mobile networks: ACCC

A declaration would have forced all mobile network operators to share their networks with competitors for a fee determined by the ACCC. The post Telstra won’t be forced to share rural mobile networks: ACCC appeared first on Beef Central. Source: Beef Central Telstra won’t be forced to share rural mobile networks: ACCC

XE Market Analysis: Fed Dismisses Weak Growth

OVERVIEW Eurozone service sector activity growth accelerated to a fresh six-year high in April.  The US trade deficit narrowed slightly in March as both imports and exports declined. The UK service sector unexpectedly saw activity growth increase last month. UK mortgage approvals fell to a six-month low in March as the housing market continues to… Read more »

Recruitment: Are you paying attention to your ‘employer brand?’

Employer branding, whether developed through through social media, career portals, company newsletter or more formal corporate policies, or is a key component to the success of any beef supply chain agribusiness. Here’s some tips on how to develop it. Good or bad, how a company represents its culture can have a real impact in a… Read more »

Dubbo sale 4 May 2017: Young cattle cheaper

Young cattle to the trade were up to 15c cheaper and more in places. Steer vealers sold from 330c to 370c with the calves over 330kg averaging 338c while limited numbers of ideal heifer vealers sold to 368c/kg. The post Dubbo sale 4 May 2017: Young cattle cheaper appeared first on Beef Central. Source:… Read more »

XE Market Analysis: North America – May 04, 2017

The main event was a euro rally following the latest opinion poll out of France, with the Opinionway survey showing support for pro-EU Macron rising to 61% versus 39% for Le Pen, up from respective 60% and 40% readings in the prior survey. An upward nudge in final April Eurozone services PMI didn’t do the… Read more »

Live exporters to discuss reform agenda at LIVEXchange 2017

THE live export industry’s reform agenda will feature at the LIVEXchange 2017 conference in Western Australia this year. The post Live exporters to discuss reform agenda at LIVEXchange 2017 appeared first on Sheep Central. Source: Sheep Central Live exporters to discuss reform agenda at LIVEXchange 2017

XE Market Analysis: Europe – May 04, 2017

The dollar has been on the rise following the Fed’s statement yesterday, which noted that economic slowing in Q1 was “transitory” while affirming that it remains on track to tighten rates further. USD-JPY rallied to a six-week peak at 112.89, making today the fourth consecutive higher high on the daily chart. Favourable yield differentials have… Read more »