Month: July 2017

Portable abattoir concept takes the cake in first agtech accelerator project

A portable abattoir concept which takes the processing facility to the cattle, rather than the reverse, won top honours when the 2017 SproutX cohort took to the stage to deliver their pitches for the first time. The post Portable abattoir concept takes the cake in first agtech accelerator project appeared first on Beef Central. … Read more »

Zero farm fatality goal during Farm Safety Week 2017

A ZERO farm fatality target has been proposed by the Victorian Farmers Federation with the start of Farm Safety Week today, with the Victorian Farmers Federation and the National Farmers Federation stating that any life lost due to a farming accident is “one too many.” The post Zero farm fatality goal during Farm Safety Week… Read more »

Queensland auctioneer Lincoln McKinlay brings third Calgary rookie award home

QUEENSLAND livestock auctioneer Lincoln McKinlay has won the Calgary Stampede International Livestock Auctioneer Championship Rookie of the Year award for Australia for the second consecutive year. The post Queensland auctioneer Lincoln McKinlay brings third Calgary rookie award home appeared first on Sheep Central. Source: Sheep Central Queensland auctioneer Lincoln McKinlay brings third Calgary rookie… Read more »

It’s farm safety week

Agriculture employs less than three percent of Australia’s total workforce, but accounts for 23 percent of all workplace fatalities. Farm Safety Week kicks off today, a nationwide initiative designed to highlight practical steps farmers can take to improve work health and safety on farms. The post It’s farm safety week appeared first on Beef Central. … Read more »

US Equity and Economic Week in Review: Stronger Markets But Some Data Weakness

    This week’s news was mixed: retail sales were weak while industrial production rose.  And on the bullish side, the markets rebounded.  But as I noted in this week’s bond market column, there is an increasing breadth to the sluggish data.  The weakness hasn’t filtered into the long-leading and leading data yet, but that doesn’t… Read more »

International Economic Week in Review: A Smattering of Data

     With the exception of Canada’s interest rate decision, this week’s news was light.  From a personal perspective, this was fortunate as I was traveling most of the week.      This week, the Bank of Canada raised interest rates 25 basis points to 75 BP.  Canada had a mild recession in 2015, caused by… Read more »

Dry conditions and heavier carcases boost May sheep meat production

DRYING conditions and a poor seasonal outlook across southern Australia has resulted in a greater percentage of lambs and sheep being turned off during May, Meat and Livestock Australia said. The post Dry conditions and heavier carcases boost May sheep meat production appeared first on Sheep Central. Source: Sheep Central Dry conditions and heavier… Read more »

Multivalent footrot vaccine developed by May 2018 – MLA

MEAT and Livestock Australia hoped to have a cross-reactive footrot vaccine to protect against all serotypes of the crippling sheep condition by May 2018, MLA managing director Richard Norton told breeders in Bendigo last night. The post Multivalent footrot vaccine developed by May 2018 – MLA appeared first on Sheep Central. Source: Sheep Central … Read more »

Weekly Indicators: long term forecast remains neutral edition

June data included a flat CPI, and a very slight increase in PPI. Industrial production was positive, but retail sales were negative. Preliminary consumer sentiment by the University of Michigan declined.   Source: XE news feed Weekly Indicators: long term forecast remains neutral edition

Listings ease on AuctionsPlus, but clearance rates up 9pc

Total cattle listings on AuctionsPlus this week decreased by 13pc to 8819 head, while the national clearance rate was up 9pc to 59pc from the previous week. Cows and heifers with calves were in short supply with only 119 units on offer. They averaged $1837. The post Listings ease on AuctionsPlus, but clearance rates up… Read more »

XE Market Analysis: Dollar Slumps as U.S. Data Reduces Rate Hike Prospects

OVERVIEW U.S. consumer price inflation slows more than expected in June. U.S. retail sales fell for a second straight month in June, and consumer sentiment also weakened. The Eurozone’s trade surplus jumped to €21.4 billion in May. HIGHLIGHT Source: XE news feed XE Market Analysis: Dollar Slumps as U.S. Data Reduces Rate Hike Prospects

XE Market Analysis: Asia – Jul 14, 2017

The dollar hit the skids in N.Y. on Friday, with cooler CPI and weak retail sales driving the greenback lower. The DXY hit nearly 10-month lows of 95.14, which left EUR-USD at 1.1468 highs, and USD-JPY at two-week lows of 112.26. USD-CAD printed near 14-month lows of 1.2627, while cable clocked 10-month highs of 1.3093.[EUR,… Read more »

XE Market Analysis: North America – Jul 14, 2017

EUR-USD settled near the 1.1400 level, up on yesterday’s 1.1370 low but remaining comfortably off the 14-month peak logged earlier in the week at 1.1489. The yen weakened during the first half of the Tokyo session before clawing back losses. USD-JPY logged a peak of 113.56, up from yesterday’s 112.86 low, before ebbing back to… Read more »

Five ‘tactical’ reasons for NSW producers’ $170,000 yards investment

Cattle producers Marcus and Louise Richardson had five tactical reasons for recently investing $170,000 in a new set of steel cattle yards to replace 50-year-old timber yards on their property north of Albury in southern NSW. The post Five ‘tactical’ reasons for NSW producers’ $170,000 yards investment appeared first on Beef Central. Source: Beef… Read more »

Aussie teams excel in Intercollegiate Meat Judging competition

Teams from University of Melbourne and Murdoch University were placed second and third respectively in overall standings in the highly competitive 2017 Intercollegiate Meat Judging competition, held last week in Wagga Wagga. The post Aussie teams excel in Intercollegiate Meat Judging competition appeared first on Beef Central. Source: Beef Central Aussie teams excel in… Read more »

Riverina USA Feedlot & Agricultural Study Tour

For the second time, Riverina has organised a USA Feedlot and Agricultural Study Tour for our customers. Starting on 8th July, 50 of our customers and friends participating on this tour arrived in the US, along with Riverina’s Glen Whitton and Geoff Byers. Our aim in offering this tour is to educate our fellow agricultural community… Read more »

XE Market Analysis: Europe – Jul 14, 2017

The yen came under general pressure during the pre-Europe part of the Asian session today. The Japanese currency gave back some of the gains it saw over the last couple of days. USD-JPY and EUR-JPY lifted out of yesterday’s lows, the former logging a peak of 113.57, up from yesterday’s low at 112.86. EUR-JPY saw… Read more »

Central Victorian Merino stud scores first Australian Fleece Competition win

A SWITCH to six monthly shearing and some help from their wool-classing daughter has given central Victorian fine wool growers Tony and Debra Butler their first Australian Fleece Competition win. The post Central Victorian Merino stud scores first Australian Fleece Competition win appeared first on Sheep Central. Source: Sheep Central Central Victorian Merino stud… Read more »

Bill Lawry, Kate Ritchie and Leisel Jones star in MLA’s new domestic beef campaign + VIDEOS

Bill Lawry, Kate Ritchie and Leisel Jones star in MLA’s new musical ad, ‘The Greatest Meat on Earth’, which forms the cornerstone of the industry’s new domestic beef marketing campaign. The new campaign inspires consumers to reconnect with beef, despite its high price, by incorporating messages spanning versatility, nutrition, provenance, welfare, sustainability and eating quality…. Read more »

How to write a biosecurity plan

What is a biosecurity plan and how do you write one? Source: ABC Beef Cattle How to write a biosecurity plan

Path to world shearing and wool handling titles starts in Bendigo

A VICTORIAN blade shearing championship will feature at the Australian Sheep and Wool Show in Bendigo this weekend. The post Path to world shearing and wool handling titles starts in Bendigo appeared first on Sheep Central. Source: Sheep Central Path to world shearing and wool handling titles starts in Bendigo

Aussie wheat taps into Indonesian market

Increasing value by using Australian wheat was the theme of a packed wheat quality technical workshop conducted by the Australian Export Grains Innovation Centre (AEGIC) in Jakarta, Indonesia. The post Aussie wheat taps into Indonesian market appeared first on Grain Central. Source: Grain Central Aussie wheat taps into Indonesian market

XE Market Analysis: FX Volatility Jumps on Central Bank Comments

OVERVIEW The market was buoyed by Janet Yellen’s “dovish” comments on U.S. interest rates. Consumer confidence in New Zealand eased in July after hitting a five-month high in the previous month. China’s trade surplus rose to $42.77 billion in June as exports jumped 11% year-on-year. BoE member, Ian McCafferty, said that they should consider unwinding… Read more »

XE Market Analysis: Asia – Jul 13, 2017

The dollar moved a bit higher in N.Y. trade on Thursday, taking the DXY to 95.91 highs early on, after printing eight-month lows of 95.47 overnight. EUR-USD slipped from 1.1420 highs at the open, later bottoming at 1.1384. USD-JPY topped at 113.47, before slipping to 113.20 in light afternoon trade. USD-CAD consolidated Wednesday’s sharp post… Read more »

India’s Supreme Court suspends ban on sale of cows for slaughter

In the strongest sign yet that India’s controversial ban on the sale of cattle for slaughter will not proceed, at least in its initially proposed form, the Indian Supreme Court this week suspended the Government’s ban notification across all of India. The post India’s Supreme Court suspends ban on sale of cows for slaughter appeared… Read more »

Spanish agricultural biotech invests in Australian agtech

Spanish agricultural biotech R&D company, Symborg, has invested in Australian agricultural biotech company, thinkbio. The post Spanish agricultural biotech invests in Australian agtech appeared first on Grain Central. Source: Grain Central Spanish agricultural biotech invests in Australian agtech

Recruitment: Addressing under-performance among staff

Regardless of its size, any agribusiness’s bottom line can be affected by under-performance or decreased productivity among staff. To address under-performance, it’s necessary to look at the likely cause or causes, and then some solutions. Here are just a few possibilities, for starters. The post Recruitment: Addressing under-performance among staff appeared first on Sheep Central. … Read more »

Forum aims to guide agribusiness to becoming ‘investor ready’

Food and agribusinesses looking for local and international investment for their enterprises have a great opportunity to gain insights into one of the most important elements for success – becoming investment-ready – at an upcoming seminar in Brisbane. The post Forum aims to guide agribusiness to becoming ‘investor ready’ appeared first on Beef Central. … Read more »

Industry leaders to address Beef Expo and Forum

A beef industry event to be held in northern New South Wales in early August will give cattle producers rare access to an extensive line-up of cattle industry leaders and experts. The post Industry leaders to address Beef Expo and Forum appeared first on Beef Central. Source: Beef Central Industry leaders to address Beef… Read more »

Dubbo sale 13 July 2017: Cheaper market reflects dry conditions

A big percentage of the far western cattle presented in store condition with the very dry season now being experienced over such a large area. The post Dubbo sale 13 July 2017: Cheaper market reflects dry conditions appeared first on Beef Central. Source: Beef Central Dubbo sale 13 July 2017: Cheaper market reflects dry… Read more »

XE Market Analysis: North America – Jul 13, 2017

The dollar continued on a mostly softer track, losing ground to the yen, sterling, and Australian and New Zealand dollars, while gaining versus the euro and, to a less magnitude, the Canadian dollar. EUR-JPY and other crosses remained the biggest movers on the exchange rate grid of major currencies. The euro has been rallying quite… Read more »

It’s Ewe Time forums aim to boost carcase value, lamb and wool returns

FORUMS aimed at boosting carcase value, and lamb and wool production per hectare will held across Australia next month. The post It’s Ewe Time forums aim to boost carcase value, lamb and wool returns appeared first on Sheep Central. Source: Sheep Central It’s Ewe Time forums aim to boost carcase value, lamb and wool… Read more »

Big toe replaces severed thumb after cattle station accident

A cattle station ringer has had his severed thumb replaced with his big toe following a cattle yard accident in WA’s Kimberley region. Source: ABC Beef Cattle Big toe replaces severed thumb after cattle station accident

XE Market Analysis: Europe – Jul 13, 2017

The dollar has traded softer during the Asia session through to the London interbank open. This follows mixed and choppy trading yesterday during and immediately after Yellen’s House testimony. The main takeaway is her emphasis on the undershoot in inflation data, which has buoyed up global stock markets and imparted a downside bias on the… Read more »

Losses still $104/head in 100-day grainfed trading budget

Beef Central’s latest 100-day grainfed trading budget calculation completed this morning clearly shows the impact that sharply rising grain prices are having on the feeding proposition, and it’s only likely to worsen. The post Losses still $104/head in 100-day grainfed trading budget appeared first on Beef Central. Source: Beef Central Losses still 4/head in… Read more »

NZ shearers claim 2-0 series win over England

NEW Zealand’s shearing team has completed a 2-0 series win over England with victory in the second match at the Great Yorkshire Show in Harrogate earlier today (NZ time). The post NZ shearers claim 2-0 series win over England appeared first on Sheep Central. Source: Sheep Central NZ shearers claim 2-0 series win over… Read more »

Consumers return to traditional grains as food fad phase falters

There are signs consumer tastes are swinging back to traditional grains, which could be good news for Australian growers. The post Consumers return to traditional grains as food fad phase falters appeared first on Grain Central. Source: Grain Central Consumers return to traditional grains as food fad phase falters

Russia tops wheat export charts for first time

Russia is forecast to be the world’s leading wheat exporter for 2017/18 for the first time, surpassing the European Union and the United States, according to the latest crop report from the United States Department of Agriculture (USDA). The post Russia tops wheat export charts for first time appeared first on Grain Central. Source:… Read more »

How many people can Australia feed?

How will a swelling population, projected to reach between 36.8 million and 48.3 million by 2061, affect our food security? Are we set up to weather the storm of climate change, the degradation of our natural resources, and competition for land and water use from mining and urban expansion? The post How many people can… Read more »

EYCI threatens to drop through 600c

The Eastern Young Cattle Indictor is threatening to drop back through the 600c/kg mark, for the first time since June 9 last year. Weather, and perhaps the effects of the first vestiges of momentum in herd rebuilding after two years of breeder liquidation due to drought, are the primary drivers. The post EYCI threatens to… Read more »

XE Market Analysis: Asia – Jul 12, 2017

The dollar traded in a choppy manner in N.Y. on Wednesday morning, as the market was riled up by the release of Yellen’s congressional testimony. When the dust had settled, the greenback ended mixed, a result of market interpretation that the Fed chief leaned on the dovish side. The dollar ended a bit higher against… Read more »

Open letter to Barnaby challenges JBAS rules, WA Johne’s status

An open letter sent to Agriculture Minister Barnaby Joyce from a range of cattle industry stakeholders and groups has called for an inquiry into new national arrangements for managing Johne’s disease in Australia’s cattle industry. The post Open letter to Barnaby challenges JBAS rules, WA Johne’s status appeared first on Beef Central. Source: Beef… Read more »

Three of four original long leading indicators now negative

It was one year ago last week that the 10 year Treasury hit an all time low.  Although they came close, mortgage rates did not participate in that new low.  They last hit a new low 4 years ago, in 2013: Source: XE news feed Three of four original long leading indicators now negative

XE Market Analysis: Canadian Dollar Spikes as BoC Hike Rates

OVERVIEW Bank of Canada raises rates for the first time in nearly seven years. Janet Yellen says the U.S. economy can absorb further gradual rate increases.  UK unemployment rate falls to its lowest level since 1975, but wage growth is still weak. Eurozone industrial production rose at a faster pace in May, expanding 4% year-on-year…. Read more »

Live cattle exports fall 27pc in 2016-17

Feeder and slaughter cattle exports were 27 percent lower in 2016-17 than the previous financial year, latest export data reported by Meat & Livestock Australia shows. The post Live cattle exports fall 27pc in 2016-17 appeared first on Beef Central. Source: Beef Central Live cattle exports fall 27pc in 2016-17

Bluetongue virus-free zone amended in WA

The bluetongue virus (BTV) zone in Western Australia has been extended following detection of the virus in cattle on a Kimberley property as part of a surveillance program. The post Bluetongue virus-free zone amended in WA appeared first on Beef Central. Source: Beef Central Bluetongue virus-free zone amended in WA

Infrastructure projects to boost Pilbara and Kimberley region beef industry

More than $300,000 in State Government seed funding and infrastructure grants is being used to investigate the feasibility of 16 infrastructure projects identified to support the Pilbara and Kimberley region beef industry. The post Infrastructure projects to boost Pilbara and Kimberley region beef industry appeared first on Beef Central. Source: Beef Central Infrastructure projects… Read more »

XE Market Analysis: North America – Jul 12, 2017

The dollar was broadly pressured as markets adjusted positions into the Congressional testimony of Fed chairwoman Yellen. EUR-USD has remained buoyant, finding support at 1.1440-50 after ebbing from a two-month peak of 1.1489, which was logged in Asian trade just ahead of Europe’s open. The euro itself traded flat to lower versus other currencies in… Read more »

XE Market Analysis: Europe – Jul 12, 2017

The dollar is lower ahead of Fed Yellen’s testimony before Congress later today, following the direction of U.S. yields. This follows remarks from Fed governor Brainard yesterday that while the start of shrinking the central bank’s balance would be “appropriate soon,” the turn lower in inflation may reduce the chances for a further interest rate… Read more »

Don’t get caught out – the challenges of buying ag assets in corporate Australia

Under current booming agricultural conditions in most agricultural commodity types, it is increasingly important to ensure that buyers and sellers alike are keeping a close eye on agricultural returns in comparison to property prices, argues Herron Todd White valuer an director, Angus Shaw. The post Don’t get caught out – the challenges of buying ag… Read more »

Tiaro Field Day 2017

The Tiaro Field Day Beef event draws large competitor numbers and many schools from the surrounding Cooloola and Fraser Coast every year. Riverina Kingaroy was proud to support its local merchant B&H Rural at this farming and lifestyle event, which brings together farmers and the rural community to this town but also provides education on… Read more »

SE Asia Report: Ramadan firsts for cattle trade | New Bahasa language version!

Indonesian Ramadan passes with flat live cattle prices; Consumer resistance forces some Vietnamese abattoirs to close; Shanghai prices rising despite the ongoing northern drought – THIS REPORT NOW ALSO TRANSLATED TO BAHASA – click for more details The post SE Asia Report: Ramadan firsts for cattle trade | New Bahasa language version! appeared first on… Read more »

Laporan Pasar: Industri Daging Sapi Asia Tenggara

Bulan Ramadan berlalu, harga sapi hidup di Indonesia tetap stabil; Konsumen resistan, sejumlah rumah potong hewan di Vietnam terpaksa tutup; Kenaikan harga di Shanghai meski kekeringan terus melanda wilayah utara. The post Laporan Pasar: Industri Daging Sapi Asia Tenggara appeared first on Beef Central. Source: Beef Central Laporan Pasar: Industri Daging Sapi Asia Tenggara

Sheep meat leader welcomes MLA’s new $14 million DEXA contribution

AUSTRALIA’S sheep meat producers have welcomed a new $14 million Meat & Livestock Australia contribution toward installation of DEXA objective measurement systems in red meat processing plants. The post Sheep meat leader welcomes MLA’s new $14 million DEXA contribution appeared first on Sheep Central. Source: Sheep Central Sheep meat leader welcomes MLA’s new million… Read more »

Sheep numbers unlikely to lift quickly despite productivity improvements

MARKET and flock dynamics mean Australia’s sheep and lamb numbers are unlikely to increase rapidly, despite productivity gains indicated in the latest Agricultural Census data. The post Sheep numbers unlikely to lift quickly despite productivity improvements appeared first on Sheep Central. Source: Sheep Central Sheep numbers unlikely to lift quickly despite productivity improvements

Singaporean agri-commodity trader buys Dalby’s Associated Grain

Dalby-based seed and grain company, Associated Grain, has announced announce the sale of the business to Agrocorp International. The post Singaporean agri-commodity trader buys Dalby’s Associated Grain appeared first on Grain Central. Source: Grain Central Singaporean agri-commodity trader buys Dalby’s Associated Grain

Scottish shearer tallies 2142 sheep in 50-hour charity effort

A YOUNG Scottish shearer has shorn 2142 sheep in 50 hours in a world-first charity event, expending enough energy to run nearly 12 marathons. The post Scottish shearer tallies 2142 sheep in 50-hour charity effort appeared first on Sheep Central. Source: Sheep Central Scottish shearer tallies 2142 sheep in 50-hour charity effort

Additional $14m investment in DEXA installations

MLA will invest an additional $14m to co-fund the commercial installation of more DEXA objective measurement systems in individual red meat processing plants keen to accelerate the adoption of the technology. The additional funds – approved by the MLA board at its meeting last week – will assist in meeting the demand from individual processors… Read more »

XE Market Analysis: Markets Quiet Ahead of Yellen and Canadian Rate Decision

OVERVIEW Major currencies are generally unchanged as investors wait to hear from Janet Yellen tomorrow. Deputy Governor of the BoE avoided the subject of interest rate hikes in a speech, focusing on globalization. The San Francisco Fed President said he still expects one more rate hike, and to begin reducing its balance sheet this year…. Read more »

Technology: Water tank monitoring system earns Telstra business award

A South Australian technology company which recently launched a satellite-connected water tank monitoring system for remote livestock applications has earned a Best New Business category award in Telstra’s 2017 SA Business Awards. The post Technology: Water tank monitoring system earns Telstra business award appeared first on Beef Central. Source: Beef Central Technology: Water tank… Read more »

Weekly rainfall wrap + 14 day outlook, 12 July 2017

Surface troughs and embedded low pressure systems brought moderate falls to southeastern Australia, while an extensive cloudband produced moderate falls through central parts of the Northern Territory, and western, central and southern Queensland. The post Weekly rainfall wrap + 14 day outlook, 12 July 2017 appeared first on Sheep Central. Source: Sheep Central Weekly… Read more »

Roma store 11 July 2017: Quality weaners draw out restockers

All buyers were present with additional restockers active in a market attracted by the class of the weaners consisting of large runs of exceptional quality and superior lines. The post Roma store 11 July 2017: Quality weaners draw out restockers appeared first on Beef Central. Source: Beef Central Roma store 11 July 2017: Quality… Read more »

NVLX Barnawatha 11 July 2017: Market reflects cheaper trend

There were signs throughout the sale that processors and feedlots were not prepared to push the market beyond yesterday’s levels. Most categories fell from 15-38c/kg. The post NVLX Barnawatha 11 July 2017: Market reflects cheaper trend appeared first on Beef Central. Source: Beef Central NVLX Barnawatha 11 July 2017: Market reflects cheaper trend

XE Market Analysis: North America – Jul 11, 2017

The dollar is reaching the New York open at steady-to-moderately firmer levels. The upcoming Congressional testimony of Fed chair Yellen has kept the buck in demand on dips. EUR-USD traded below 1.1400, meeting good selling interest on approaches to this level yet still remaining above yesterday’s low at 1.1381. USD-JPY punched above May’s highs and… Read more »

Weekly genetics review: Registrations on the up for most beef breeds

Most of Australia’s significant beef breeds are expanding, with increased seedstock registrations despite Australia’s overall beef herd sitting at a 20-year low at just under 26 million head. Figures released last week indicated a 6pc lift in registration numbers in 2016 compared with the previous 12 months in primary and secondary registers. The post Weekly… Read more »

XE Market Analysis: Europe – Jul 11, 2017

USD-JPY punched above May’s highs and logged a near-four-month high at 114.47, capping a run of fourth consecutive session of gains. A backdrop of rallying stock markets continued to induce yen weakness, with the risk-on vibe continuing to be fed by the combination of Friday’s decent U.S. jobs report coupled with the ECB policymakers cooling… Read more »

No word on re-opening date for SA's Thevenard Port

There is still no date for when the Thevenard Port will be re-opened following safety concerns, but solutions are being worked on. Source: ABC Grain No word on re-opening date for SA’s Thevenard Port

MLA launches new domestic beef campaign

Australian beef is the greatest meat on earth. That’s the message behind MLA’s new domestic beef marketing strategy, which inspires consumers to reconnect with beef, ultimately giving them reasons to pay more for it. The new strategy incorporates messages spanning versatility, nutrition, provenance, welfare, sustainability and eating quality. The post MLA launches new domestic beef… Read more »

Keeping up with DEXA? Here’s a guide to bring you up to speed

For those wondering what the DEXA issue is all about, where it is now at and what’s next, we’ve prepared an update to bring you up to speed. The post Keeping up with DEXA? Here’s a guide to bring you up to speed appeared first on Beef Central. Source: Beef Central Keeping up with… Read more »

DEXA timeline

A timeline of events documenting how the DEXA issue has progressed in recent years. The post DEXA timeline appeared first on Beef Central. Source: Beef Central DEXA timeline

Weekly kill: pace starts to drop off as August-September ‘tight spot’ nears

Beef kills across Eastern Australia are beginning to show an easing trend, which is only likely to gather pace heading into August, and potentially September. A big question now is how the market reacts if slaughter cattle availability does shorten as much as anticipated from August. The post Weekly kill: pace starts to drop off… Read more »

Queensland’s sheep, wool and cattle leaders to meet for Charleville forum

QUEENSLAND’S sheep, wool and cattle industry producer leaders will converge on Charleville to meet members and attended a drought support forum later this month. The post Queensland’s sheep, wool and cattle leaders to meet for Charleville forum appeared first on Sheep Central. Source: Sheep Central Queensland’s sheep, wool and cattle leaders to meet for… Read more »

Wagga sale 10 July 2017: Cheaper prices over most categories

A lack of buyer support and higher feed grain prices saw most categories take a hit of 10-40c depending on condition and weight. The post Wagga sale 10 July 2017: Cheaper prices over most categories appeared first on Beef Central. Source: Beef Central Wagga sale 10 July 2017: Cheaper prices over most categories

XE Market Analysis: Asia – Jul 10, 2017

The dollar was mostly lower in N.Y. trade on Monday, as yields slipped some, and as Wall Street struggled on either side of flat through the session. There was no data on tap to drive prices. EUR-USD remained inside of Friday’s trading range, managing just a 1.1385 to 1.1406 band. USD-JPY briefly printed the 114.00… Read more »

XE Market Analysis: Global Interest Rate Outlook in Spotlight

OVERVIEW The Pound is stable today, recovering after poor economic data from last week.  The US Dollar is still riding the crest of Friday’s jobs report. German exports surge by 1.4% as Europe’s powerhouse rumbles on. UK consumer spending drops to its lowest in four years. HIGHLIGHT Source: XE news feed XE Market Analysis:… Read more »

Marketing: US crowd-funder launches high-end Japanese Wagyu project

A US-based crowd-funder which has established a niche selling domestic grassfed beef direct to US consumers has expanded its operations to include Japanese Wagyu beef, sourced direct from Japan. The post Marketing: US crowd-funder launches high-end Japanese Wagyu project appeared first on Beef Central. Source: Beef Central Marketing: US crowd-funder launches high-end Japanese Wagyu… Read more »

Project to explore Angus genetics for northern production systems

In a collaborative project, CSIRO and Angus Australia are exploring funding opportunities to undertake a project aimed at investigating the potential for DNA pooling – a cost-effective methodology applicable for use in large scale commercial herds – to identify Angus genetics suited to the production environment in Northern Australia, by estimating the contribution of individual… Read more »

XE Market Analysis: North America – Jul 10, 2017

The dollar started week on a mostly firmer footing, albeit moderately so, as markets continue to digest the overall encouraging U.S. jobs report of Friday, while some ECB policymakers sought to temper market speculation for a shift in policy guidance at the upcoming July meeting. EUR-USD ebbed to a low of 1.1383. With the late-June… Read more »

XE Market Analysis: Europe – Jul 10, 2017

EUR-USD has been plying a narrow range around 1.1400 in early-week trade following a somewhat indecisive reaction to the U.S. jobs report on Friday. Markets will continue to digest current events that have produced a spike in bond yields on both sides of the Atlantic over the past couple of weeks following surprising hawkishness by… Read more »

Former Victorian council manager fed lost sheep to greyhounds

A former Victorian council manager pleads guilty to stealing impounded livestock and feeding them to his greyhounds, saying it was cheaper than sending them to the knackery. Source: ABC Livestock Former Victorian council manager fed lost sheep to greyhounds

Maremma guard dog hailed as a lamb nanny, chook protector for livestock

With wild dogs continuing to present a major issue for livestock producers, a group of Eyre Peninsula locals are embracing the benefits of guardian animals. Source: ABC Livestock Maremma guard dog hailed as a lamb nanny, chook protector for livestock

Simpler, cheaper options needed to breathe new life into crop insurance

For crop insurance to be taken up by a more substantial proportion of farmers in Australia it needs to be simpler, cheaper and a longer term option, according to a visiting United Kingdom insurance specialist. The post Simpler, cheaper options needed to breathe new life into crop insurance appeared first on Grain Central. Source:… Read more »

Australian ewe flock smaller but lamb numbers increased in 2015-16 + VIDEO

AUSTRALIAN sheep producers have produced more lambs from fewer ewes in the year to 2016 compared to the previous year, the latest Agricultural Census figures indicate. The post Australian ewe flock smaller but lamb numbers increased in 2015-16 + VIDEO appeared first on Sheep Central. Source: Sheep Central Australian ewe flock smaller but lamb… Read more »

Steady prices for Alice Springs bull sale

The Alice Springs Show bull sale and a cattle sale in the red centre two days earlier sees 3,160 head of cattle sold. Source: ABC Livestock Steady prices for Alice Springs bull sale

Predictive sheep health app ASKBILL is music to Rhonda’s ears

THE sheep industry’s new predictive app ASKBILL now has its own song, thanks to the song-writing skills of Sheep CRC office manager Rhonda Brooks. The post Predictive sheep health app ASKBILL is music to Rhonda’s ears appeared first on Sheep Central. Source: Sheep Central Predictive sheep health app ASKBILL is music to Rhonda’s ears

North Queensland irrigation stalls, farmers frustrated

Plans for large scale irrigation in north Queensland stall with less than 4 per cent of water allocated in the Flinders River currently being used for cropping. Source: ABC Beef Cattle North Queensland irrigation stalls, farmers frustrated

Ag Census changes mean some two million cattle are no longer counted

A change in methodology introduced by the Australian Bureau of Statistics for its latest Ag Census means that about two million cattle have not been counted in its latest estimate of Australian cattle numbers, released on Friday. The post Ag Census changes mean some two million cattle are no longer counted appeared first on Beef… Read more »

New sheep feed gap solutions and pasture technology to take flight

NEW ways to fill sheep feed gaps with perennial wheat and the latest technology to measure pasture and meat quality will be featured at the 2017 Grassland Society of New South Wales conference in Cowra on July 25 and 26. The post New sheep feed gap solutions and pasture technology to take flight appeared first… Read more »

Dry conditions pull back AuctionsPlus sheep and lamb clearance rates

DRIER seasonal conditions have reduced clearance rates of sheep and lambs on the online livestock sale platform AuctionsPlus. The post Dry conditions pull back AuctionsPlus sheep and lamb clearance rates appeared first on Sheep Central. Source: Sheep Central Dry conditions pull back AuctionsPlus sheep and lamb clearance rates

French shearers set country’s first sheep shearing record of 1328 in nine hours

TWO French shearers have established the first sheep shearing record in France with a two-stand nine-hours tally of 1328 during the weekend. The post French shearers set country’s first sheep shearing record of 1328 in nine hours appeared first on Sheep Central. Source: Sheep Central French shearers set country’s first sheep shearing record of… Read more »

Organics industry seeks to establish common voice

The somewhat fragmented Australian organic food industry is making moves to harmonise its industry voice – a move seen by industry leaders as necessary to underpin continued strong growth. The post Organics industry seeks to establish common voice appeared first on Beef Central. Source: Beef Central Organics industry seeks to establish common voice

US Equity and Economic Week in Review: Sentiment Readings Are Still Bullish

    Last week’s news was just barely bullish: while the third and final reading of 1Q GDP was positive, weaker personal consumption expenditures were concerning.  In contrast, this week’s news is better: ISM data pointed to continued business expansion.  While auto sales continue to be a bit weaker, they are still increasing at stable… Read more »

International Economic Week in Review: Good News Continues

     This week, there was no overarching theme to the data.  However, the general tenor of major releases continued the more bullish trend that started at the beginning of the year.      The RBA maintained their current 1.5% interest rate this week.  Their policy announcement outlined a modestly growing economy: Source: XE news… Read more »

US Bond Market Week in Review: Is the Fed Overestimating Economic Strength?

    This week, the Federal Reserve issued the minutes of their last meeting. While many commentators noted the committee’s split on the timing and amount of asset sales, I believe it’s important to look at some potential shortcomings in the committee’s analysis of the current economic situation. Let’s start with their analysis of the… Read more »

Weekly Indicators: interest rates turn negative edition

June data started out with poor motor vehicle sales, but an excellent headline jobs report. Wage growth shows no sign whatsoever of acceleration.  Both ISM manufacturing and services reports were more positive.   Source: XE news feed Weekly Indicators: interest rates turn negative edition

Grasslands society meets for 2017 conference at Cowra

New ways to fill feed gaps, the latest technology to measure pasture and meat quality and getting the most out of livestock production systems will be at the top of the list for the Grassland Society of NSW conference in Cowra on Tuesday July 25 and Wednesday July 26. The post Grasslands society meets for… Read more »