Month: June 2017

Property: Interest piqued in Ceres assets; Terra Firma plays down CPC sale talk

Terra Firma deputy chair Justin King has played down suggestions that the private equity fund may be about to sell its Consolidated Pastoral Co business in Australia. The post Property: Interest piqued in Ceres assets; Terra Firma plays down CPC sale talk appeared first on Beef Central. Source: Beef Central Property: Interest piqued in… Read more »

XE Market Analysis: North America – Jun 30, 2017

The dollar managed to rebound against the euro, which came under broad corrective pressure. EUR-USD dropped by some 50 pips in making a low at 1.1392. EUR-JPY, EUR-GBP and other euro crosses also fell. The common currency was perhaps due a correction after rallying quite strongly this week on the ECB tapering narrative. Source:… Read more »

Are foxes eating lambs instead of rabbits in Western Australia?

A local farmer says he has lost about $25,000 from foxes preying on his livestock during lambing season, and believes with fewer rabbits around, foxes are changing their diets. Source: ABC Livestock Are foxes eating lambs instead of rabbits in Western Australia?

XE Market Analysis: Europe – Jun 30, 2017

The dollar has remained soft amid a backdrop of risk aversion, with the apparent hawkish awakening at a number of key central banks prompting a defensive reaction in richly-priced global equity markets. EUR-USD consolidated just off yesterday’s 13-month high at 1.1445, USD-CAD logged a fresh five-month low at 1.2971, Cable posted a five-week high at… Read more »

Wagyu prices easing as bigger numbers come forward

A softening in feeder cattle prices is also being reflected in the market for Wagyu infused cattle. Not long ago any feeder or backgrounder cattle with Wagyu content were attracting buyer competition, but with those premium prices has come a significant increase in Wagyu calf production, meaning buyers are now becoming more selective. The post… Read more »

Australian wool prices finish season at record level despite weekly fall

AUSTRALIAN wool prices finished at a record season-ending level this week, despite buyers pulling Merino rates back in expectation of larger auction offerings next month. The post Australian wool prices finish season at record level despite weekly fall appeared first on Sheep Central. Source: Sheep Central Australian wool prices finish season at record level… Read more »

Dairy industry launches code of practice

The dairy industry launches its plan to stop retrospective price cuts being imposed on farmers again. Source: ABC Livestock Dairy industry launches code of practice

WA fodder processor to set up shop in Victoria

The Victorian State Government has helped secure a $4.5 million investment from Pentarch Agricultural, a Western Australian based fodder processor who will set up their first Victorian facility in Ultima. The post WA fodder processor to set up shop in Victoria appeared first on Grain Central. Source: Grain Central WA fodder processor to set… Read more »

Beef Central’s beef news quiz – June 2017

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

Recruitment: Eight good reasons to listen to your employees

Gone are the days where agribusiness managers spoke and employees just listened. For one thing, millennials and gen-Ys are taught to question things at school and university. For some, it’s a no-brainer that we should listen to our employees, but sometimes we might get busy or become too distracted. The post Recruitment: Eight good reasons… Read more »

XE Market Analysis: US Dollar Under Pressure

OVERVIEW British Pound, Euro, and the Canadian Dollar are all higher following central bank stimulus withdrawal comments. U.S. first-quarter GDP growth was revised up to 1.5% annualized on stronger consumer spending.  Euro-zone economic sentiment jumped more than expected in June, highest level since August 2007. UK lending data was stronger than expected in May as… Read more »

XE Market Analysis: Asia – Jun 29, 2017

The dollar was lower again on Thursday in N.Y., taking EUR-USD to 14-month highs of 1.1444 in the process. USD-JPY came under attack as the risk backdrop deteriorated, with global equities taking it on the chin, as global central banks this week seemed to all turn hawkish at once. USD-CAD fell under 1.3000 for the… Read more »

NSW cotton industry welcomes removal of stamp duty on insurance

NSW cotton growers will be able to manage their on-farm risk more effectively from January 2018 thanks to a move by the State Government to remove stamp duty on insurance. The post NSW cotton industry welcomes removal of stamp duty on insurance appeared first on Grain Central. Source: Grain Central NSW cotton industry welcomes… Read more »

VFF keen for farmer to lead VIC animal welfare advisory committee

VICTORIAN farmers are keen to see one of their own head up the state’s Animal Welfare Advisory Committee. The Andrews Labor Government today called for expressions of interest for the role of chairperson of the Animal Welfare Advisory Committee, after current chair Carmel Morfuni’s decision to step down. The post VFF keen for farmer to… Read more »

One year later, Brexit has been "a fire across the river"

One year ago, just after the Brexit vote, I wrote that I saw it as “a fire across the river,” a shame for the UK, but an issue that would not have more than a minor effect on the US economy.  This was in response to a speech by Fed President Lael Brainard in which he… Read more »

Forward wool markets end season with a whimper

THE forward wool markets finished the financial year with a whimper, as record levels paid last week did little to attract interest from growers. The post Forward wool markets end season with a whimper appeared first on Sheep Central. Source: Sheep Central Forward wool markets end season with a whimper

Recruitment: Eight good reasons to listen to your employees

Gone are the days where agribusiness managers spoke and employees just listened. For one thing, millennials and gen-Ys are taught to question things at school and university. For some, it’s a no-brainer that we should listen to our employees, but sometimes we might get busy or become too distracted. The post Recruitment: Eight good reasons… Read more »

Dubbo sale 29 June 2017: Showers constrain yarding

It was a mixed quality yarding with a good selection of cows along with some good pens of well finished grown steers. Ideal trade cattle were in limited supply with a large percentage of the yarding made up of secondary cattle lacking quality. The post Dubbo sale 29 June 2017: Showers constrain yarding appeared first… Read more »

US beef ‘pink slime’ legal case ends in out-of-court settlement

The high-profile US court case where Beef Products Inc founder, Eldon Roth, sued the ABC TV network for US$1.9 billion in a defamation action over damage caused to his business by ‘pink slime’ claims has ended sensationally, with an out-of-court settlement yesterday. The post US beef ‘pink slime’ legal case ends in out-of-court settlement appeared… Read more »

XE Market Analysis: North America – Jun 29, 2017

The dollar and yen lost ground to most other currencies. The euro logged fresh trend highs versus the dollar and yen, though traded more mixed against other currencies, gaining versus the Swiss franc but losing ground to the pound and commodity currencies today. EUR-USD edged out a one-year peak at 1.1419 and EUR-JPY lifted into… Read more »

XE Market Analysis: Europe – Jun 29, 2017

The dollar and yen have weakened against most currencies today. EUR-USD edged out a one-year peak at 1.1419, Cable posted a three-week high at 1.2876, USD-CHF forayed into seven-month-plus low territory, and the greenback saw respective four- and three-month lows against the Canadian and Australian dollars. As for the yen, while USD-JPY remained rangebound in… Read more »

Quinoa price boom over but growers hope to boost market

The price for quinoa has dramatically fallen over the past four years, but it is hoped the industry can use that to its advantage by attracting more consumers. Source: ABC Grain Quinoa price boom over but growers hope to boost market

Victorian Government appoints Ararat council inquiry commissioners

VICTORIAN farmers battling to keep differential local government rating systems have welcomed the appointment of three commissioners to investigate the Ararat Rural City Council. The post Victorian Government appoints Ararat council inquiry commissioners appeared first on Sheep Central. Source: Sheep Central Victorian Government appoints Ararat council inquiry commissioners

Southern winter crop on track

In a year when winter crop plantings in most states are struggling under dry conditions, Victoria, by comparison, is travelling well with optimum sowing conditions in most areas getting crops off to a timely start. The post Southern winter crop on track appeared first on Grain Central. Source: Grain Central Southern winter crop on… Read more »

Grains rail project would take thousands of trucks off roads

More than 20,000 trucks would be taken off regional roads if the State Government invested in a proposed grains rail freight project in southern and central Queensland, according to AgForce. The post Grains rail project would take thousands of trucks off roads appeared first on Grain Central. Source: Grain Central Grains rail project would… Read more »

Seasonal climate outlook Jul-Sep 2017

July to September rainfall is likely to be below average over southwest WA and southeast Australia, according to the latest climate outlook statement released by the Bureau of Meteorology today. The post Seasonal climate outlook Jul-Sep 2017 appeared first on Beef Central. Source: Beef Central Seasonal climate outlook Jul-Sep 2017

Dalby sale 28 June 2017: Financial year closes on firm note

The market similar to last week early in the sale, developing slightly cheaper in the second round. Calves under 200kg did not break the $4 barrier topping at 398c/kg. The post Dalby sale 28 June 2017: Financial year closes on firm note appeared first on Beef Central. Source: Beef Central Dalby sale 28 June… Read more »

Sheep producers are keen to collaborate through Farming Together

AUSTRALIA’S sheep, lamb and wool producers are the nation’s keenest to form collaborations, according to the Farming Together program. The post Sheep producers are keen to collaborate through Farming Together appeared first on Sheep Central. Source: Sheep Central Sheep producers are keen to collaborate through Farming Together

XE Market Analysis: Asia – Jun 28, 2017

Central bankers riled up markets in N.Y. on Wednesday, with the BoE’s Carney hinting at a rate hike. The pound surged higher on the news, topping at three-week highs of 1.2972. In Europe, a Bloomberg “source” report implied the markets had misinterpreted Draghi’s hawkish tone on Monday, resulting in a briefly lower euro. EUR-USD later… Read more »

XE Market Analysis: British Pound Jumps on Carney’s U-Turn

OVERVIEW Central bank speak has dominated the markets today causing some large swings in the Euro, the Pound, and the Canadian Dollar. Eurozone central bank sources told Reuters the market had overinterpreted comments from ECB President Mario Draghi yesterday. Nationwide reported UK house prices rose 1.1% in June, the biggest jump since April 2015 that… Read more »

Seasonal climate outlook Jul-Sep 2017

July to September rainfall is likely to be below average over southwest WA and southeast Australia, according to the latest climate outlook statement released by the Bureau of Meteorology today. The post Seasonal climate outlook Jul-Sep 2017 appeared first on Sheep Central. Source: Sheep Central Seasonal climate outlook Jul-Sep 2017

MSA benchmarking improves feedback for producers

The ability to benchmark the performance of slaughter cattle against the best in the country is now available for producers involved in the Meat Standards Australia program. The new MSA online benchmarking tool provides the opportunity to benchmark cattle compliance and index results against other producers in their region, state or across the country. The… Read more »

Nominations for Landcare Awards closing soon

Nominations for the 2017 State and Territory Landcare Awards, which recognise Australians who work to protect the environment and deliver sustainable agriculture, are closing soon. The post Nominations for Landcare Awards closing soon appeared first on Beef Central. Source: Beef Central Nominations for Landcare Awards closing soon

XE Market Analysis: North America – Jun 28, 2017

The dollar continued to trade mixed, losing ground to the euro and Canadian dollar, holding steady versus the yen while gaining ground against the Australian dollar. EUR-USD extended the ECB taper-talk rally, catalysed by Draghi’s remarks of yesterday, and clocked a one-peak at 1.1388, subsequently settling around 1.1360. USD-CAD was a notable mover, tumbling by… Read more »

Weekly Property Review: Comparing ‘apples with apples’ over carrying capacity

Carrying capacity is often used as a benchmark when conducting property sales, determining property values or making property comparisons. But rating and comparing livestock carrying capacity between states and regions is often more complex than what readers might think. The post Weekly Property Review: Comparing ‘apples with apples’ over carrying capacity appeared first on Beef… Read more »

XE Market Analysis: Europe – Jun 28, 2017

The euro’s ascent has continued, with EUR-USD logging a high at 1.1378, which is the loftiest level seen since June 2016, while EUR-JPY made a 127.77 peak, the highest level the cross has seen since March 2016. EUR-GBP has punched above recent congestion highs and is trading in seven-month high territory. The spark was ECB… Read more »

Legally speaking: Foreign register of ag land and water entitlements

From 1 July this year, amendments to the Register of Foreign Ownership of Water or Agricultural Land Act will require foreign owners to register certain rights in relation to water, in a similar fashion to agricultural land. The post Legally speaking: Foreign register of ag land and water entitlements appeared first on Beef Central. … Read more »

Animal health feedback part of emerging cattle performance info ‘super-highway’

Teys Australia told a recent producer gathering in Central QLD that detailed animal heath feedback reporting, based on offal condition, will soon start to filter through to producers supplying the company slaughter cattle. It’s another example of the cattle performance info ‘super-highway’ that’s emerging in the industry. The post Animal health feedback part of emerging… Read more »

Big dry cuts into Western Australian winter crop potential

Western Australian grain growers are facing some tough decisions as an unseasonal stretch of dry conditions, particularly in the north and east of the wheatbelt, takes its toll on winter crop prospects as the sowing window draws to a close. The post Big dry cuts into Western Australian winter crop potential appeared first on Grain… Read more »

Three ‘C’s will shape the future of digital ag in Australia

The future of digital agriculture in Australia will depend on the three “Cs” – connectivity, capability, and commercial reality. The post Three ‘C’s will shape the future of digital ag in Australia appeared first on Grain Central. Source: Grain Central Three ‘C’s will shape the future of digital ag in Australia

Roma store 27 June 2017: Annual Kindee run boosts market

The lanes were humming with the anticipation of a market kick due to quality runs of the Kindee high performing cattle. The post Roma store 27 June 2017: Annual Kindee run boosts market appeared first on Beef Central. Source: Beef Central Roma store 27 June 2017: Annual Kindee run boosts market

Farming under the Basin Plan in the Riverina

It’s 10 years since the Water Act started Australia down a path towards major reform in the Murray-Darling. How are farmers in the NSW Riverina adjusting? Source: ABC Grain Farming under the Basin Plan in the Riverina

Ararat farmers get rate rise reprieve as councillors back down

ARARAT district farmers won a last-minute reprieve in their battle against a council plan to dump differential rates when local councillors last night voted to defer a decision on the controversial rating strategy. The post Ararat farmers get rate rise reprieve as councillors back down appeared first on Sheep Central. Source: Sheep Central Ararat… Read more »

XE Market Analysis: Asia – Jun 27, 2017

The dollar fell against the European majors and the CAD in N.Y. on Tuesday, with EUR-USD printing 10-month highs of 1.1343 following hawkish comments from ECB chief Draghi. Cable was dragged higher as well, topping 1.2800 for the first time in over a week. USD-CAD was pressured lower by a rebound in WTI crude prices,… Read more »

Rinehart 'confident' of winning Chinese approval for live-cattle exports

Gina Rinehart’s company Hancock Prospecting is confident it is only months away from winning Chinese Government approval to start exporting cattle to China, thanks to a “brilliant” plan to tackle biosecurity regulations. Source: ABC Livestock Rinehart ‘confident’ of winning Chinese approval for live-cattle exports

Video stresses value, safety in well-designed cattle yards

A well-designed set of cattle yards goes a long way to preventing a lot of injuries to both people and livestock, a new case-study based video released this week by Workplace Health & Safety Queensland points out. The post Video stresses value, safety in well-designed cattle yards appeared first on Beef Central. Source: Beef… Read more »

International experts headline 2017 Australian Grains Industry Conference

A stellar line-up of international and local CEOs and experts provides unparalleled opportunities for delegates attending the Australian Grains Industry Conference (AGIC), to be held in Melbourne 2-3 August 2017. The post International experts headline 2017 Australian Grains Industry Conference appeared first on Grain Central. Source: Grain Central International experts headline 2017 Australian Grains… Read more »

XE Market Analysis: Euro Jumps on Draghi's Stimulus Comments

OVERVIEW The Bank of England tightened its credit rules for banks to cool borrowing, particularly by consumers. The Confederation of British Industry (CBI) said its monthly retail sales balance rose to +12 in June, far exceeding forecasts of +2. U.S house price growth unexpectedly slowed to 5.7% last month. U.S. consumer confidence rose to 118.9… Read more »

NVLX Wodonga 27 June 2017: Young cattle prices kick

There were some big price improvements for young cattle this week as numbers remained low at 1,146 at NVLX Wodonga. The post NVLX Wodonga 27 June 2017: Young cattle prices kick appeared first on Beef Central. Source: Beef Central NVLX Wodonga 27 June 2017: Young cattle prices kick

Weekly rainfall wrap + 14 day outlook, 28 June 2017

A low pressure system produced widespread rainfall over southwest Western Australia, while cold fronts produced moderate to heavy rainfall in western and northern Tasmania. The post Weekly rainfall wrap + 14 day outlook, 28 June 2017 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + 14 day outlook, 28 June 2017

XE Market Analysis: North America – Jun 27, 2017

The dollar traded generally softer today as markets continued to digest yesterday’s sub-forecast U.S. durable orders report and softening price indicators in the Dallas Fed index. The narrow trade-weighted USD index was showing a 0.5% decline as of the early European PM session, just above the low at 96.58, which is a two-session low. EUR-USD… Read more »

Weekly genetics review: Is there a connection between fertility and temperament?

Do your most docile females appear to get in calf sooner than your stirry ones? A Kansas State University study has linked docility with higher heifer fertility. The post Weekly genetics review: Is there a connection between fertility and temperament? appeared first on Beef Central. Source: Beef Central Weekly genetics review: Is there a… Read more »

Grain Central’s June 2017 grain news quiz

Test your knowledge on current Australian grain industry news with Grain Central’s monthly quiz The post Grain Central’s June 2017 grain news quiz appeared first on Grain Central. Source: Grain Central Grain Central’s June 2017 grain news quiz

XE Market Analysis: Europe – Jun 27, 2017

The dollar majors remained in fairly narrow ranges, though there has been some movement. AUD-USD logged a one-week high of 0.7609, while USD-JPY logged a five-week high at 112.07 before turning lower, to around 111.70. The retreat in USD-JPY came after the U.S. said that it had detected preparations by the Syrian regime for another… Read more »

NSW growers hang out for crop-reviving rains

Growers across NSW’s northern and central farming regions with young and emerging winter crops struggling under a long dry spell are pinning their hopes on a rain event forecast to pass through the region over the next two days. The post NSW growers hang out for crop-reviving rains appeared first on Grain Central. Source:… Read more »

Cattle producers digging deep in fight against Pimelea

Pimelea toxicity may have killed as many as 100,000 cattle in recent dry years, Roma district stock agent and cattleman Rod Turner estimates. The post Cattle producers digging deep in fight against Pimelea appeared first on Beef Central. Source: Beef Central Cattle producers digging deep in fight against Pimelea

Sky Muster data limits to double from October

A significant step towards easing the data drought across regional Australia been welcomed by rural groups today, after nbn committed to doubling data limits for 240,000 rural users from October 2017. The post Sky Muster data limits to double from October appeared first on Sheep Central. Source: Sheep Central Sky Muster data limits to… Read more »

Weekly kill: softer trend continues in mid-year grids

Rapidly drying conditions are pushing more cattle towards processors than what was expected earlier, and its being reflected in recent grid price movements. The post Weekly kill: softer trend continues in mid-year grids appeared first on Beef Central. Source: Beef Central Weekly kill: softer trend continues in mid-year grids

Footrot outbreak confirmed in far-west NSW

Authorities work to stop the spread of footrot in far-west New South Wales, after confirming one case in the region. Source: ABC Livestock Footrot outbreak confirmed in far-west NSW

Diesel fuel prices remarkably stable during first half of 2017

After two or three years of dramatic rises and falls, diesel fuel prices across regional parts of Australia have been remarkably stable during the first half of 2017. Prices have traded in a narrow 4c/litre range since January, between 127-131c/litre. The post Diesel fuel prices remarkably stable during first half of 2017 appeared first on… Read more »

GrainGrowers announces new CEOs

National grain farmers’ representative body, GrainGrowers, has appointed joint CEOs to lead the operations of the independent and technically resourced organisation into the future. The post GrainGrowers announces new CEOs appeared first on Grain Central. Source: Grain Central GrainGrowers announces new CEOs

Top Kelpie sells to $12,000 at National Working Dog sale + VIDEO

Kelpies sold for up to $12,000 in a record-breaking National Working Stock Dog Futurity and Sale at Murrurundi, New South Wales, at the weekend. The post Top Kelpie sells to $12,000 at National Working Dog sale + VIDEO appeared first on Beef Central. Source: Beef Central Top Kelpie sells to ,000 at National Working… Read more »

Sheep producers to gain access to health data through Livestock Data Link

SHEEP and lamb producers receiving carcase feedback through the online Livestock Data Link system will now have access to valuable sheep disease and health information from the National Sheep Health Monitoring Project. The post Sheep producers to gain access to health data through Livestock Data Link appeared first on Sheep Central. Source: Sheep Central … Read more »

Broader apparel wools dominate online Wooltrade sales

BROADER Merino and comeback wool continued to dominate online Wooltrade sales last week. The post Broader apparel wools dominate online Wooltrade sales appeared first on Sheep Central. Source: Sheep Central Broader apparel wools dominate online Wooltrade sales

XE Market Analysis: Asia – Jun 26, 2017

The dollar slipped early on the back of a disappointing durables report, taking EUR-USD to eight session highs of 1.1219 from opening lows near 1.1180. The pairing later eased into 1.1176 lows after the London close. USD-JPY dipped from 111.70 to 111.36 lows after the data, though later printed 111.90, a one-month high. The rally… Read more »

XE Market Analysis: German Business Confidence at Record High

OVERVIEW FX markets remain subdued, but global stocks are broadly higher. Theresa May has secured the support of the DUP party, giving her a narrow and fragile majority in parliament. UK annual consumer lending growth slowed to 5.1% in May, down sharply from 6.4% in April. The British Bankers Association reported a further dip in… Read more »

Packaging: Bio-degradable retail pack materials add to sustainability drive

With increased emphasis being seen on sustainability performance throughout the food supply chain, supermarket retailers are starting to focus on packaging solutions which provide greener credentials for their chilled meat products. A bio-degradable packaging used by Coles for mince recently won a major international award. The post Packaging: Bio-degradable retail pack materials add to sustainability… Read more »

VIC farmers back inquiry into Ararat council move on differential rates

ARARAT councillors will decide tonight whether to proceed with a uniform rate policy across the western Victorian municipality, after the State Government announced an inquiry into the council’s rating strategy. The post VIC farmers back inquiry into Ararat council move on differential rates appeared first on Sheep Central. Source: Sheep Central VIC farmers back… Read more »

Wagga sale 26 June 2017: Market follows last week’s cheaper prices

Extremely dry conditions and plainer quality eroded prices in a reduced yarding of 3,200 cattle at Wagga. The market opened weaker on the back of last week’s cheaper trends. The post Wagga sale 26 June 2017: Market follows last week’s cheaper prices appeared first on Beef Central. Source: Beef Central Wagga sale 26 June… Read more »

XE Market Analysis: North America – Jun 26, 2017

The dollar perked some after edging out fresh lows against a number of currencies, including sterling and the commodity units. USD-JPY was a driver, with the yen itself coming under broader pressure amid a risk-on backdrop, with stock markets across Asia and Europe rallying today. The pair lifted to a three-session high of 111.71. EUR-USD… Read more »

XE Market Analysis: Europe – Jun 26, 2017

The dollar has traded steady-to-softer so far in early-week trading, though USD-JPY is an exception, with the pair nudging to a two-session high of 111.38 as the yen came under a phase of selling. Stock markets have rallied in Asia, aided by a 1%-plus gain in oil prices, gaining for a third consecutive session, which… Read more »

Top Kelpie cattle dog genetics sell to $12,000 at NSW sale + VIDEO

KELPIES made up to $12,000 in a record-breaking Working Stock Dog Futurity and Sale at Murrurundi, New South Wales, at the weekend. The post Top Kelpie cattle dog genetics sell to $12,000 at NSW sale + VIDEO appeared first on Sheep Central. Source: Sheep Central Top Kelpie cattle dog genetics sell to ,000 at… Read more »

Crunch time for Queensland winter sowing programs

Time is running out for winter crop plantings on Queensland’s Darling Downs where dry conditions have seen a shortfall in overall plantings and the widespread use of deep sowing, moisture seeking techniques to establish chickpeas. The post Crunch time for Queensland winter sowing programs appeared first on Grain Central. Source: Grain Central Crunch time… Read more »

Ararat Abattoirs granted $800,000 for processing upgrade and expansion

ARARAT Abattoirs has been granted $800,000 by the Victorian Government for a processing line upgrade and expansion that will safeguard 300 jobs and create another 30 positions. The post Ararat Abattoirs granted $800,000 for processing upgrade and expansion appeared first on Sheep Central. Source: Sheep Central Ararat Abattoirs granted 0,000 for processing upgrade and… Read more »

Lamb marking time at Eumerella Park – no yards needed

WHO remembers marking lambs in the corner of a paddock, no yards, just Mum and Dad, the kids and a few good dogs to keep it all together? For the Mullins family at Ripponhurst south of Hamilton it is a recent and pleasant memory. The post Lamb marking time at Eumerella Park – no yards… Read more »

Sunrice revenue drops 12pc to $1.1 billion

SunRice, the trading name of Ricegrowers Limited, has reported consolidated revenue for the Group of $1.1 billion for the year ended 30 April 2017 (FY17), a 12 per cent decrease on the previous year (FY16). The post Sunrice revenue drops 12pc to $1.1 billion appeared first on Grain Central. Source: Grain Central Sunrice revenue… Read more »

Cut through the Johne’s jargon, focus on the on-farm plan + VIDEO

Cut through the acronyms and bureaucratic terminology in the new Johne’s rules and there is a simple, single message of which all cattle producers need to be aware. The post Cut through the Johne’s jargon, focus on the on-farm plan + VIDEO appeared first on Beef Central. Source: Beef Central Cut through the Johne’s… Read more »

Johne’s rules: What will they mean for drought, feedlots, studs, vets and more

What will the new Johne’s rules mean for drought-affected producers looking for agistment? Or feedlots buying cattle from hundreds of different vendors? Or Studs looking for recipient cattle for embryo transfer programs? The post Johne’s rules: What will they mean for drought, feedlots, studs, vets and more appeared first on Beef Central. Source: Beef… Read more »

Johnes Q&A: 27 common producer questions answered

To assist producers and stakeholders in understanding forthcoming changes relating to Johne’s Disease in cattle, Animal Health Australia has provided the following information and answers to frequently asked questions: What is Johne’s disease? Johne’s (pronounced “Yo-nees”) is an infectious bacteria. It’s a serious wasting disease that affects cattle and other ruminants and primarily affects the… Read more »

Kiwi blade shearer rounds off UK tour with Royal Highland Show victory

NEW Zealand shearer Allan Oldfield has rounded-off a successful season in the United Kingdom with victory in the Royal Highland Show blade shearing final in Edinburgh yesterday. The post Kiwi blade shearer rounds off UK tour with Royal Highland Show victory appeared first on Sheep Central. Source: Sheep Central Kiwi blade shearer rounds off… Read more »

Global beef industry watches US ban on Brazilian beef

International beef markets have been surprisingly calm since Friday’s announcement by the US Government that Brazilian chilled and frozen beef imports have been banned until further notice – however there’s lots going on behind the scenes, Beef Central has been told. The post Global beef industry watches US ban on Brazilian beef appeared first on… Read more »

US wheat varieties added to perennial grazing wheat project

DUAL purpose perennial grain-grazing crops are a step closer with the addition of new American wheat varieties to a NSW research project. The post US wheat varieties added to perennial grazing wheat project appeared first on Sheep Central. Source: Sheep Central US wheat varieties added to perennial grazing wheat project

Faster, cheaper DNA test for sheep poll/horn status available next month

SHEEP breeders will next month have access to a faster, more accurate DNA test for parentage and poll/horn status that includes new features to detect a range of genetic defects. The post Faster, cheaper DNA test for sheep poll/horn status available next month appeared first on Sheep Central. Source: Sheep Central Faster, cheaper DNA… Read more »

US Equity and Economic Review: How Many Ways Can You Say Moderate?

   This week, the Conference Board released their latest leading and coincident indicators.  They were up .3% M/M while the 6-month rolling average was +2.3%.  But while 9 of 10 indicators increased, there’s been an industrial weakness for the last 7 months: Source: XE news feed US Equity and Economic Review: How Many Ways… Read more »

Former grazier turns to free-range egg production

A former grazier turned free-range egg producer says his fledgling business is booming as consumers become more conscious of how their food is produced. Source: ABC Livestock Former grazier turns to free-range egg production

Beef 2018 mentoring program an investment in the future

The recipe: One part youthful exuberance, enthusiasm and optimism; and one part wisdom, tempered by experience. Mix well. It’s a powerful cocktail, and the results were on show in Brisbane last week when the cohort of participants involved in the Beef 2018 Beef Connections Mentoring program got together for the first time. The post Beef… Read more »

Weekly Indicators: no change at the summer solstice edition

May data this week included new and existing home sales, both of which increased, and the Index of Leading Indicators, which was also positive. Source: XE news feed Weekly Indicators: no change at the summer solstice edition

AuctionsPlus cattle hit year-high offering, close to 13,000 head

Drier and cold conditions in many heartland cattle producing regions pushed listing numbers on AuctionsPlus to a year-high of 12,949 head this week. While the overall cattle market may have come off the boil slightly this did not stop young proven breeders attracting red hot demand online. The post AuctionsPlus cattle hit year-high offering, close… Read more »

'Shear-jitsu': The new technique helping farm worker avoid injury

Gun Kiwi shearer Pera Davies reckons he has shorn almost 2 million sheep in a career spanning nearly 40 years, but unlike many veterans he never misses a day’s work to injury — and now he is helping others with his unique “shear-jitsu”. Source: ABC Livestock ‘Shear-jitsu’: The new technique helping farm worker avoid… Read more »

US Bond Market Week in Review: The Fed Has to Rethink Their 2% Inflation Target

       For what seems like forever, the Fed has been saying they are using a 2% inflation target.  Given this expansion’s weak growth, this seems to be a fair and appropriate number.  But intuition can be deceiving.  The San Francisco Federal Reserve has issued several reports showing the natural rate of interest to be right around… Read more »

As Temperatures Rise, Europes Economy Shows Signs of Cooling

OVERVIEW The service sector PMI in Europe disappoints as activity tails off as we approach the end of the second quarter Sterling rallies helped by interest rate expectations that UK interest rates may go higher sooner rather than later Bank of Mexico raises interest rates to 7% The US dollar sidelines while market waits for… Read more »

New home sales confirm slowdown – but not negative

In my reports on housing permits and starts over the last week, I pointed out the added importance of today’s new home sales report.  Permits and starts both turned south to new 12 month lows and single family permits at least slowed to a 6 month low. Source: XE news feed New home sales… Read more »

XE Market Analysis: North America – Jun 23, 2017

EUR-USD lifted before capping out 1.1187, ahead of reported option-related selling interest into 1.1300. The pair subsequently drifted to a low of 1.1161 before settling around 1.1175. The flash June composite PMI reading undershot expectations, though still pointed to relatively robust growth, while price increases slowed, which should keep the ECB hawks at bay. USD-JPY… Read more »

Dry season in WA forces Wheatbelt farmers to sell off sheep

The lack of winter rain over much of WA has left many crops to wither and pasture to dry out, with Wheatbelt farmers in particular being forced to sell their sheep. Source: ABC Livestock Dry season in WA forces Wheatbelt farmers to sell off sheep

XE Market Analysis: Europe – Jun 23, 2017

The dollar has traded mostly softer so far today. EUR-USD has drifted moderately northward, pushing toward recent range highs in the upper 1.11s. Cable has seen a similar price action in rising above 1.2700, making this the third consecutive up day the pair has seen. USD-CAD is lower, trading in the lower 1.32s, correcting most… Read more »

Blackall Saleyards achieves organic certification

The Blackall Saleyards becomes one of only two saleyards in remote Australia to gain organic certification, opening the door for graziers to buy and sell certified organic cattle. Source: ABC Beef Cattle Blackall Saleyards achieves organic certification