Month: July 2017

AuctionsPlus market slows for PTIC females

Despite being presented in numbers this week, demand on AuctionsPlus for PTIC females declined, with young in-calf breeders averaging less than $1400. Encroaching dry conditions in many grazing areas is a likely factor. The post AuctionsPlus market slows for PTIC females appeared first on Beef Central. Source: Beef Central AuctionsPlus market slows for PTIC… Read more »

Deer hunting in World Heritage Area could stem damage: inquiry

Tasmania’s government should consider allowing recreational shooters to hunt deer in Tasmania’s World Heritage Area and other conservation lands, a parliamentary inquiry says. Source: ABC Livestock Deer hunting in World Heritage Area could stem damage: inquiry

XE Market Analysis: Asia – Jul 07, 2017

Yields and the dollar initially headed lower after the solid U.S. jobs report, though once the dust settled, both recovered to session highs in N.Y. trade on Friday. EUR-USD fell to 1.1380 after topping at 1.1439, while USD-JPY printed near 2-month highs of 114.17, up from post-data lows of 113.51. USD-CAD bottomed at 10-month lows… Read more »

XE Market Analysis: U.S. Hiring Accelerates

OVERVIEW Bank of Japan offers to buy an unlimited amount of Japanese government bonds, seeking to contain a rise in its government bond yields. German industrial output jumped by 1.2% in May, the fifth consecutive monthly increase. UK manufacturing and industrial output both unexpectedly declined in May. UK house prices fell 1% in June and… Read more »

Graziers’ Investment Company board sets date for wool grower wind-up vote

AUSTRALIAN wool growers will vote on a recommendation to wind-up Graziers’ Investment Company Limited, on October 11 this year, GIC chairman Barry Walker announced today. The post Graziers’ Investment Company board sets date for wool grower wind-up vote appeared first on Sheep Central. Source: Sheep Central Graziers’ Investment Company board sets date for wool… Read more »

Points to Remember Before Today's Employment Report

     This is a very quick post.  All I want to do is highlight a few important points before we get today’s employment report.      1.) The pace of job growth has been declining.  Below is a chart of the 3-month rolling average of establishment jobs growth:   2.) Weak utilization is a… Read more »

XE Market Analysis: North America – Jul 07, 2017

The dollar has been trading mixed, losing ground to the outperforming euro while gaining versus the yen and sterling and holding near net steady versus other currencies. The euro remained underpinned following yesterday’s bout of hawkish-leaning remarks from ECB policymakers, which were followed today by above-forecast German and French industrial production numbers. There hasn’t been… Read more »

XE Market Analysis: Europe – Jul 07, 2017

The euro has remained underpinned following the fresh bout of hawkish-leaning remarks from ECB policymakers yesterday, which has been followed by an above-forecast German industrial production figure today, which rose 1.2% m/m in May versus the median forecasts for 0.3%. EUR-USD logged a high for the week, at 114.15, while EUR-JPY traded at its best… Read more »

NAPCo development project aims to unlock Barkly’s productivity potential

The North Australian Pastoral Co is about to embark on a major productivity development project on a portion of its vast Alexandria Station on the Northern Territory’s prized Barkly Tableland. NAPCo’s owners, super fund manager QIC and members of the Foster family, who have been involved in NAPCo since its inception more than 130 years… Read more »

Wild dog attacks prompts radical fence solution

A farmer says the $300,000 he spent to build a wild dog and kangaroo-proof fence is already proving to be beneficial. Source: ABC Livestock Wild dog attacks prompts radical fence solution

Ag Census results released

Every five years the Australian Bureau of Statistics conducts a census of Australian farmers to gain a more accurate picture of the size and nature of Australia’s agricultural sector. Results released this morning draw from data provided by 104,000 farm businesses across Australia. The post Ag Census results released appeared first on Grain Central. … Read more »

MSA Excellence in Eating Quality Awards and producer forums return

Some of Australia’s top beef producers will be recognised for their hard work, dedication and quality produce through the Meat Standards Australia (MSA) Excellence in Eating Quality Awards, to be held nationally throughout September and October. The post MSA Excellence in Eating Quality Awards and producer forums return appeared first on Beef Central. Source:… Read more »

Ag Census data suggests smaller beef cattle herd

The Australian beef cattle herd stood in June 2016 at 22.3 million head, according to the results of the Australian Bureau of Statistic’s five year Ag Census, released this morning. The post Ag Census data suggests smaller beef cattle herd appeared first on Beef Central. Source: Beef Central Ag Census data suggests smaller beef… Read more »

CCA loses CEO after six months

Cattle Council of Australia announced this afternoon that chief executive officer Duncan Bremner has tendered his resignation. Mr Bremner only started in the role in January. The post CCA loses CEO after six months appeared first on Beef Central. Source: Beef Central CCA loses CEO after six months

Regional conditions influence ag water use: Ag Census

Differences in regional climatic conditions appear to be influencing the use of water on Australian farms, according to Agricultural Census data released by the Australian Bureau of Statistics (ABS) today. The post Regional conditions influence ag water use: Ag Census appeared first on Grain Central. Source: Grain Central Regional conditions influence ag water use:… Read more »

World-first pedigree sheep and cattle tag on-farm next month

A WORLD-FIRST maternal pedigree collection tag system suitable for sheep, cattle and goats will have its final production-proofing trial in a New South Wales sheep flock next month. The post World-first pedigree sheep and cattle tag on-farm next month appeared first on Sheep Central. Source: Sheep Central World-first pedigree sheep and cattle tag on-farm… Read more »

Murdoch University study highlights role of sheep in WA fox survival

YOUNG foxes have lived on sheep meat and native animals in Western Australia’s wheatbelt outside of normal lambing times, Murdoch University research has found. The post Murdoch University study highlights role of sheep in WA fox survival appeared first on Sheep Central. Source: Sheep Central Murdoch University study highlights role of sheep in WA… Read more »

XE Market Analysis: U.S. Private Jobs Growth Slows

OVERVIEW Federal Reserve minutes suggest policymakers are split on the outlook for inflation.  U.S. service sector growth accelerated unexpectedly in June. German industrial orders rebounded less than expected in May, rising 1% against forecasts for a 2% increase. Canada’s trade deficit doubled in May, but both exports and imports hit record highs. Australia’s trade surplus… Read more »

Recruitment: Don’t overlook ‘Baby Boomers’ to boost your workforce

Employing the right staff can be a challenge for small agribusinesses. Getting the right cultural fit, using the relevant recruitment tools and knowing how much to pay are just a few of the hurdles when it comes to expanding your team. Many businesses have started benefiting from employing staff aged over 50, the so-called ‘Baby… Read more »

XE Market Analysis: Asia – Jul 06, 2017

The dollar was mostly lower in N.Y. trade on Thursday, following a softer ADP employment report, and hawkish tones from the BoE and ECB. EUR-USD topped at 1.1424, up from lows near 1.1380, while USD-JPY eased into 113.00 before finding support. USD-CAD stayed heavy as oil prices briefly bounced, while cable steadied over 1.2950.[EUR, USD] … Read more »

Recruitment: Don’t overlook ‘Baby Boomers’ to boost your workforce

Employing the right staff can be a challenge for small agribusinesses. Getting the right cultural fit, using the relevant recruitment tools and knowing how much to pay are just a few of the hurdles when it comes to expanding your team. Many businesses have started benefiting from employing staff aged over 50, the so-called ‘Baby… Read more »

Dubbo sale 6 July 2017: Crop finished cattle boost yarding

Not all the regular buyers were in attendance with the absence of both feeder and processor orders. The market commenced on a cheaper note but gained momentum as the sale progressed. The post Dubbo sale 6 July 2017: Crop finished cattle boost yarding appeared first on Beef Central. Source: Beef Central Dubbo sale 6… Read more »

XE Market Analysis: North America – Jul 06, 2017

The dollar has traded softer against most currencies. USD-CAD came under fresh pressure, which found bids but amid a 1%-plus rebound in oil prices (following yesterday’s near 4% haemorrhage). EUR-USD lifted above 1.1360 after ECB member Villeroy said that the prevailing non-standard policy is “not eternal,” which was sufficient to spark a tick higher in… Read more »

XE Market Analysis: Europe – Jul 06, 2017

The dollar majors have been plying narrow ranges so far today, with a blip higher in the greenback following the release of the Fed minutes from the mid June FOMC meeting not amounting to much. The minutes didn’t discourage beliefs the Fed will continue to reduce accommodation, via rate hikes and the balance sheet unwind…. Read more »

CPC logs record $49.7m pre-tax profit for 2017 year

The nation’s second largest beef producer, Consolidated Pastoral Co, this morning announced a solid $49.7 million pre-tax profit for its 2016-17 financial year ended 31 March. The post CPC logs record $49.7m pre-tax profit for 2017 year appeared first on Beef Central. Source: Beef Central CPC logs record .7m pre-tax profit for 2017 year

Will Hancock’s China deal be a livex game-changer?

Australian live cattle exporters continue to watch intently for indications as to whether mining magnate Gina Rinehart’s Hancock Prospecting will be able to secure a potentially game changing breakthrough deal to export cattle from northern Australia to China. The post Will Hancock’s China deal be a livex game-changer? appeared first on Beef Central. Source:… Read more »

CQ grain on track for train gain

Hundreds of thousands of tonnes of Central Queensland grain appear set to be moved off road and onto rail for delivery to export port in future after the Queensland Government yesterday responded to long-running AgForce and Graincorp calls for funding for a new rail siding at Yamala. The post CQ grain on track for train… Read more »

Sheep meat body reiterates mulesing policy, with pain relief as best practice

AUSTRALIA’S peak sheep meat body has re-iterated its “established” policy that mulesing be phased out as soon as practical, after its producers were recently told they were “very exposed” on the issue. The post Sheep meat body reiterates mulesing policy, with pain relief as best practice appeared first on Sheep Central. Source: Sheep Central … Read more »

Post-truth analysis of big agriculture ignores some hard truths

Post Truth. An increasingly used term to describe modern politics, and one which will also be unavoidable in discussion of agriculture. The post Post-truth analysis of big agriculture ignores some hard truths appeared first on Grain Central. Source: Grain Central Post-truth analysis of big agriculture ignores some hard truths

Dry season a crisis for WA farming family

Jane Keune has been farming with her son Perry St Quintin in Western Australia’s Mid-West for more than 20 years, but with the lack of rain this winter they fear they may lose their property. Source: ABC Grain Dry season a crisis for WA farming family

Livestock SA welcomes three new board members

LIVESTOCK SA will welcome three new members to its board following the 2017-18 nomination process. The post Livestock SA welcomes three new board members appeared first on Sheep Central. Source: Sheep Central Livestock SA welcomes three new board members

Johne’s and LPA: “Good biosecurity practices protect livestock producers”

The farm biosecurity plan is a tool that underpins two significant changes to the management of on-farm biosecurity over the coming months. The post Johne’s and LPA: “Good biosecurity practices protect livestock producers” appeared first on Beef Central. Source: Beef Central Johne’s and LPA: “Good biosecurity practices protect livestock producers”

XE Market Analysis: Asia – Jul 05, 2017

The dollar was relatively steady through the morning session, though later slipped briefly to N.Y. session lows after the FOMC minutes release, before quickly bouncing back above pre-release levels. EUR-USD popped to 1.1357 highs from near 1.1340, before falling to 1.1326 lows. USD-JPY meanwhile, dipped to 112.98 from 113.30, and has since rallied to 113.47… Read more »

XE Market Analysis: South African Rand Slides

OVERVIEW The Eurozone economy continues to see solid levels of growth, though activity slowed slightly in the services sector with June’s PMI dipping to 55.4, from 56.3. Eurozone retail sales rose 0.4% in May, stronger than forecast, adding to the year-on-year growth of 2.6%. The UK service sector slowed more than expected last month as… Read more »

Opportunity for dairy bulls calves in beef, Nuffield scholar finds

Australia should look at production models practised in New Zealand and Denmark to find ways to better utilise unwanted dairy bulls calves in beef production, a Nuffield scholar has suggested. The post Opportunity for dairy bulls calves in beef, Nuffield scholar finds appeared first on Beef Central. Source: Beef Central Opportunity for dairy bulls… Read more »

Houses, cars, and manufacturing Oh My!

We got contrasting data showing weakness and strength on Monday, that on balance nudges my outlook slightly darker. Source: XE news feed Houses, cars, and manufacturing Oh My!

Dalby sale 5 July 2017: Heavier cattle firm

A fair panel of export slaughter and feeder buyers was present and most were operating, however there was less restocker support on the light weight yearling heifers. The post Dalby sale 5 July 2017: Heavier cattle firm appeared first on Beef Central. Source: Beef Central Dalby sale 5 July 2017: Heavier cattle firm

Weekly property review: Who determines carrying capacity in a sale asset?

When it comes to assessing carrying capacity of a sale property, is it ‘sentiment or science?’ In last week’s property review, we started exploring the topic of carrying capacity, how it is determined, and some of the issues surrounding its use in the cattle property market. This week, we continue that theme, with input from… Read more »

XE Market Analysis: North America – Jul 05, 2017

The dollar has continued its recovery run, posting gains for a third consecutive session in the case against the euro and sterling, and rising against other currencies . USD-JPY has logged a fresh seven-week high at 113.62, while EUR-USD has hit a five-session low at 1.1318 and Cable a four-session low at 1.2893. The narrow… Read more »

Angus launch new ‘SaleSELECT’ bull selection tool

With the spring bull season about to activate, Angus Australia has launched a new selection tool for cattlemen seeking bulls that closely fit their breeding and business objectives. The post Angus launch new ‘SaleSELECT’ bull selection tool appeared first on Beef Central. Source: Beef Central Angus launch new ‘SaleSELECT’ bull selection tool

Eyre Peninsula farmers putting faith in late rain after dry June

The driest June on record in South Australia is forcing some grain growers to switch their crops and delay sowing, costing them hundreds of thousands of dollars. Source: ABC Grain Eyre Peninsula farmers putting faith in late rain after dry June

XE Market Analysis: Europe – Jul 05, 2017

The dollar majors have been directionally challenged so far today, with narrow ranges prevailing. EUR-USD has settled around 1.1350, modestly above the five-session low posted yesterday at 1.1336. USD-JPY has been trading on either side of 113.00 over the last day, holding in a consolidation pattern after logging a seven-week high at 113.47 on Monday,… Read more »

Sheep tags for accurate ewe-lamb pedigree just need funding

SHEEP tags with sensors to determine ewe-lamb pedigree could be on the market within 12 months if commercialisation funding is found. The post Sheep tags for accurate ewe-lamb pedigree just need funding appeared first on Sheep Central. Source: Sheep Central Sheep tags for accurate ewe-lamb pedigree just need funding

Victoria’s electronic ID grants generate $24 million investment

VICTORIA’S electronic sheep and goat identification transition package grants have generated an estimated $24 million investment in new equipment and software by the state’s producers. The post Victoria’s electronic ID grants generate $24 million investment appeared first on Sheep Central. Source: Sheep Central Victoria’s electronic ID grants generate million investment

Malaria fighting drugs offer smorgasbord of new herbicides

Scientists have used the surprisingly close relationship between plants and malarial parasites to turn a molecule developed for possible malaria treatment into a new herbicide. The post Malaria fighting drugs offer smorgasbord of new herbicides appeared first on Grain Central. Source: Grain Central Malaria fighting drugs offer smorgasbord of new herbicides

Weekly rainfall wrap + 14 day outlook, 5 July 2017

An extensive cloudband produced moderate falls in southeastern Australia and southern Queensland, while a series of rain-bearing cold fronts swept across southern Australia during the second half of the week. The post Weekly rainfall wrap + 14 day outlook, 5 July 2017 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap +… Read more »

Old lamb and mutton prices drop as seasonal supply and quality declines

OLD lamb prices continued to slide in saleyards this week, with processors applying additional price pressure through lower carcase grid rates and restockers seeking new season lambs with less weight and dentition risk. The post Old lamb and mutton prices drop as seasonal supply and quality declines appeared first on Sheep Central. Source: Sheep… Read more »

Truck spills thousands of chickens onto motorway

Firefighters scramble to round up thousands of birds blocking a major road following a truck crash near the Austrian city of Linz. Source: ABC Livestock Truck spills thousands of chickens onto motorway

Photography project sends stories of the bush viral on social media

‘Wander of the West’ photographer travels the outback gathering stories and photos from cattle stations and beyond, with just her dog, car and no money. Source: ABC Beef Cattle Photography project sends stories of the bush viral on social media

More gold medals to Australia in World Steak Challenge

Australian entries have earned two gold medals and a silver in the third annual World Steak Challenge held in London overnight. The post More gold medals to Australia in World Steak Challenge appeared first on Beef Central. Source: Beef Central More gold medals to Australia in World Steak Challenge

Genomics key to herd profitability + VIDEO

A paper delivered at this week’s AAABG conference in Townsville explored a case study in how sustained use of genomics has been used to combine Taurus, Sanga and Indicus breeds to achieve tropical adaption with an increase in fertility, reproduction, growth and carcase traits. The post Genomics key to herd profitability + VIDEO appeared first… Read more »

Weekly rainfall wrap + 14 day outlook, 5 July 2017

An extensive cloudband produced moderate falls in southeastern Australia and southern Queensland, while a series of rain-bearing cold fronts swept across southern Australia during the second half of the week. The post Weekly rainfall wrap + 14 day outlook, 5 July 2017 appeared first on Beef Central. Source: Beef Central Weekly rainfall wrap +… Read more »

AMIC promotes from within to fill CEO role

The Australian Meat Industry Council has promoted from within to fill the role of chief executive officer for the processor, retail and smallgoods manufacturing service delivery company, following the departure of Kevin Cottrill, who retires after 15 years at the helm. The post AMIC promotes from within to fill CEO role appeared first on Beef… Read more »

Roma store 4 July 2017: Prices ease in weaner dominated market

The market held strong early in the sale but eased as it progressed, the majority of the yarding being weaners with approximately 1,000 cows sold. The post Roma store 4 July 2017: Prices ease in weaner dominated market appeared first on Beef Central. Source: Beef Central Roma store 4 July 2017: Prices ease in… Read more »

XE Market Analysis: Asia – Jul 04, 2017

The dollar majors traded steadily in quiet trading conditions in the absence of U.S. markets. The Canadian and Australian dollar were the biggest movers, with the former rallying to fresh trend highs following the latest instalment of hawkish BoCspeak, while latter dove after the RBA signalled out exchange rate strength as a hindrance to the… Read more »

NVLX Wodonga 4 July 2017: Trade cattle prices lift

It was a dearer market at NVLX Wodonga for trade cattle. Agents yarded just over 1,100 and quality was generally fair to very good, however there was a tail in the offering across lighter weight categories. The post NVLX Wodonga 4 July 2017: Trade cattle prices lift appeared first on Beef Central. Source: Beef… Read more »

XE Market Analysis: Reserve Bank of Australia Leave Rates Cautiously on Hold

OVERVIEW The Australian Dollar slumps in value as the Central Bank chooses to leave interest rates on hold with a less hawkish tone.  The US Dollar takes a rest for Independence Day. The Euro continues to consolidate in the 1.13’s against the US Dollar backed up by the recent strong economic data. The Pound weakens… Read more »

76 Droughtmaster cattle stolen west of Rockhampton

Police from the Rockhampton Major and Organised Crime Squad – Rural are seeking assistance from members of the public in relation to 76 head of stolen Droughtmaster cows from Macintosh Road, Gainsford, west of the Gogango Range. The post 76 Droughtmaster cattle stolen west of Rockhampton appeared first on Beef Central. Source: Beef Central … Read more »

XE Market Analysis: North America – Jul 04, 2017

The narrow trade-weighted USD index edged out a fresh five-session high at 96.08, despite a softening in USD-JPY. EUR-USD declined for a fourth-straight session, which follows ECB efforts to correct its tapering message. The pair logged a four-session low at 1.1336. Cable logged a four-session low at 1.2915 before recouping toward 1.2950. UK construction PMI… Read more »

Unprecedented grains price jump for farmers

The price of grain surges this week as farmers in Australia and North America battle dry conditions. Source: ABC Grain Unprecedented grains price jump for farmers

Weekly genetics review: Are recent record bull sale prices sustainable?

Some 82pc of variation in bull sale prices can be accounted for by changes in the EYCI, used as a proxy for commercial cattle prices, a detailed study of 20 years of history of Angus bull sales has found. And the increase in the genetic merit of Angus bulls is outpacing the increase in average… Read more »

XE Market Analysis: Europe – Jul 04, 2017

The Australian dollar dove following the RBA announcement, with Governor Lowe’s statement giving a mixed prognosis of the economy and, in particular, highlighting that an “appreciating exchange would complicate” the transition of the economy from the mining investment boom. AUD-USD fell over 0.6% in making a four-session low at 0.7604, and AUD-JPY shed over 1%… Read more »

Top End cattle property Kalala Station returns to market

A highly-regarded Northern Territory cattle station has been returned to the market with the purchaser unable to complete the sale. Source: ABC Beef Cattle Top End cattle property Kalala Station returns to market

Weekly kill: Dry weather continues to push slaughter numbers forward

Dry weather continues to push slaughter cattle numbers forward, with last week’s Eastern States weekly kill to Friday reaching 135,389 head, just 1pc below the previous week’s season-high. Some southern grids have adjusted downwards last week, and are now in closer alignment with Qld, reducing incentive to shift cattle longer distances to slaughter. The post… Read more »

New frontier for grain in Queensland’s Gulf country

There is untapped potential for a substantial grain production industry to emerge in the Gulf rivers region of far north Queensland where Australia’s latest irrigation project has been evolving for the past six years, according to Queensland AgForce’s grains president, Wayne Newton. The post New frontier for grain in Queensland’s Gulf country appeared first on… Read more »

Laos kicks off the South East Asian One Belt, One Road

Laos begins construction of the first step in a much grander plan to link all of South East Asia to the Chinese railway network. Dr Ross Ainsworth investigates, and finds some surprises in Laotian wet markets along the way. The post Laos kicks off the South East Asian One Belt, One Road appeared first on… Read more »

June and fiscal year beef exports continue at subdued pace

The slow pace of beef exports that has characterised the first half of 2017 continued during June, when consignments to all export destinations reached just 94,442 tonnes. Here’s how key export markets performed last month, and year-to-date. The post June and fiscal year beef exports continue at subdued pace appeared first on Beef Central. … Read more »

Wagga sale 3 July 2017: Feedlot, restocker competition lifts

Prices were fuelled by better feedlot and restocker competition, after some rain in the north and local area. The post Wagga sale 3 July 2017: Feedlot, restocker competition lifts appeared first on Beef Central. Source: Beef Central Wagga sale 3 July 2017: Feedlot, restocker competition lifts

Cropping, cattle and polo on show on Argentine tour

The Argentine ability to adapt and invent new techniques in agriculture, and their adoption of conservation farming and development of direct-drill machinery, will be on show on a special tour to the South American country later this year. The post Cropping, cattle and polo on show on Argentine tour appeared first on Grain Central. … Read more »

XE Market Analysis: Asia – Jul 03, 2017

The dollar rallied in N.Y. trade on Monday, though activity dried up after the London close, as U.S. traders made their way to the exits ahead of Tuesday’s Independence Day holiday. Incoming data was supportive, as the June manufacturing ISM handily beat street expectations. Wall Street rallied, taking the Dow to all-time highs, as yields… Read more »

Five more BeefUp events for Queensland producers

Beef producers across Queensland have the chance to tap into regionally-relevant research findings and practical tools to improve their business at five additional Meat & Livestock Australia (MLA) BeefUp Days scheduled for this year. The post Five more BeefUp events for Queensland producers appeared first on Beef Central. Source: Beef Central Five more BeefUp… Read more »

Nominations open for 2018 Zanda McDonald Award

The search is on for talented young agribusiness leaders from Australia and NZ to apply for the 2018 Zanda McDonald Award, regarded as one of Australasia’s most prestigious badges of honour for young industry leaders, which comes with a prize package worth more than $50,000. The post Nominations open for 2018 Zanda McDonald Award appeared… Read more »

XE Market Analysis: North America – Jul 03, 2017

The dollar rebounded some of the losses it saw last week. The narrow trade-weighted USD index was showing a 0.4% gain, as of the late European PM session, which follows the 2.5% loss of last week. This Wednesday’s release of the FOMC minutes from the mid-June meeting is focusing market attention, as they should contain… Read more »

XE Market Analysis: Europe – Jul 03, 2017

The dollar has started the week steady to firmer after coming under broad pressure last week. Trading conditions will be thin today with Canadian markets closed, and the U.S. out tomorrow. USD-JPY nudged to the north of 112.50 just as the London interbank take to their desks, having been settled in the low-to-mid 112.0s during… Read more »

Indonesian journalists to spruik Gippsland meat at home

Indonesian journalists visit beef farmers in Gippsland to learn about the benefits of grass-fed meat and pass on information to consumers in their home country. Source: ABC Beef Cattle Indonesian journalists to spruik Gippsland meat at home

JBS Australia challenges producers over heavy lambs and carcase feedback

AUSTRALIAN lamb producers have been told export processor JBS Australia lost direct supplies when it attempted to buy lambs via a market-focused 18-26kg grids. The post JBS Australia challenges producers over heavy lambs and carcase feedback appeared first on Sheep Central. Source: Sheep Central JBS Australia challenges producers over heavy lambs and carcase feedback

Gruelling stockman's challenge the ultimate test in outback Qld

Forget Tough Mudder. Contestants in a stockman’s challenge in outback Queensland have to swim, crack whips, ride horses bareback — and perform in a talent quest. Source: ABC Beef Cattle Gruelling stockman’s challenge the ultimate test in outback Qld

Get onto Livestock Data Link for lamb feedback, but not through saleyards

LAMB producers selling through saleyards were unlikely to get carcase feedback from major exporter JBS Australia, the 2017 BestWool BestLamb Conference was told in Bendigo last week. The post Get onto Livestock Data Link for lamb feedback, but not through saleyards appeared first on Sheep Central. Source: Sheep Central Get onto Livestock Data Link… Read more »

World crop outlook breathes life into wheat prices

The IGC wheat prices index has rallied almost 12 per cent in a month, being 13pc higher than a year ago, and is at its highest level since July 2015. The post World crop outlook breathes life into wheat prices appeared first on Grain Central. Source: Grain Central World crop outlook breathes life into… Read more »

Cotton stands tall in field of high returns

The ‘average’ group of cotton growers achieved a profit per hectare of $1706 in 2016, according to the latest cotton industry’s economic benchmark report, the Cotton Comparative Analysis. The post Cotton stands tall in field of high returns appeared first on Grain Central. Source: Grain Central Cotton stands tall in field of high returns

Wool forwards for 21 micron trade at 1350 cents is heartening

WOOL growers seeking cover for next year’s clip should be heartened to see the 21 micron forwards market trade at 1350 cents into September 2018 this morning. The post Wool forwards for 21 micron trade at 1350 cents is heartening appeared first on Sheep Central. Source: Sheep Central Wool forwards for 21 micron trade… Read more »

Sheep CRC to test market for RamSelect with first ram and buyer charges

RAM breeders will pay to advertise sale rams on the RamSelect site after August 1, in a Sheep CRC move toward a user pays model. The post Sheep CRC to test market for RamSelect with first ram and buyer charges appeared first on Sheep Central. Source: Sheep Central Sheep CRC to test market for… Read more »

How does calcium and magnesium affect lamb survival?

LAMB survival impacts of supplementing pregnant ewes with calcium and magnesium will be outlined at the annual Graham Centre Sheep Forum this week. The post How does calcium and magnesium affect lamb survival? appeared first on Sheep Central. Source: Sheep Central How does calcium and magnesium affect lamb survival?

Chilled beef exports to China heat up: ABARES

Prices for frozen beef in China, which is the dominant type of beef exported by Australia to the market, are forecast to fall in 2017–18 as competition increases from other major exporters, particularly Brazil and the United States. The post Chilled beef exports to China heat up: ABARES appeared first on Beef Central. Source:… Read more »

CQ producers first to achieve renewed Grazing Best Management Practice accreditation

Springsure cattle producers Adele and Dave O’Connor have become the first graziers in Queensland to have their Grazing Best Management Practice (BMP) accreditation renewed. The post CQ producers first to achieve renewed Grazing Best Management Practice accreditation appeared first on Beef Central. Source: Beef Central CQ producers first to achieve renewed Grazing Best Management… Read more »

International Economic Week in Review: The Data is Clearly Improving

     For a long time, the global economic recovery was barely noticeable.  Yes, there was growth.  But it just this side of positive.  This started to change in the 4Q16, when the Markit Economics’ sentiment indicators highlighted the first solid evidence of rising confidence.  The trend started to accelerate in the 1Q17 as both the… Read more »

US Equity and Economic Review: Some Moderately Concerning Weakness

     This week, the BEA released their final numbers for 1QGDP.  This table shows the numbers for the Q/Q numbers (left column) and Y/Y numbers (right column): Source: XE news feed US Equity and Economic Review: Some Moderately Concerning Weakness

Understanding why and how to measure scrotal size

Selecting bulls with low fertility can cause substantial losses by reducing the number of calves born. One easy measure that can help identify bulls with better fertility is to measure and record scrotal size (circumference) with BreedPlan. Here’s the hows and whys from TBTS technical officer, Paul Williams. The post Understanding why and how to… Read more »

Weekly Indicators: yield curve strengthens, money supply weakens edition

May data this week included two positive measures of consumer confidence, increases in personal income and spending, a continuing increase in house prices, and a strongly positive Chicago PMI reading. The only negative was a decline in durable goods. Source: XE news feed Weekly Indicators: yield curve strengthens, money supply weakens edition

Crossbred feeder steers $1345 in smaller AuctionsPlus offering

Despite scattered showers in Northern NSW and Southern QLD, demand for cattle online continued to waiver this week, with a softer clearance rate compared to the recent past. Weaners and heifers made up the majority of AuctionsPlus listings, and sold well. The post Crossbred feeder steers $1345 in smaller AuctionsPlus offering appeared first on Beef… Read more »

XE Market Analysis: Asia – Jun 30, 2017

The dollar steadied some in N.Y. trade on Friday, moving off its lows of the week as month and quarter end profit taking set in. Incoming U.S. data was decent, with personal income, Chicago PMI and Michigan sentiment all beating expectations. This said, the data had little impact on the greenback. EUR-USD topped at .1.1427,… Read more »