Month: December 2017

Agribusiness: Stock insurance provider expands with Qld business purchase

Livestock insurance provider Stockinsure has made a strategic business purchase in Queensland, consolidating its position as the largest national provider of trade credit insurance to Australia’s independent livestock selling agents. The business provides an insured annual turnover of around $2 billion to major Australian meat processors, butchers, abattoirs, lotfeeders and live exporters. The post Agribusiness:… Read more »

Heifers trend higher in large 13,100 head AuctionsPlus offering

Following more rain across large parts of eastern Australia this past week, cattle numbers on AuctionsPlus increased by 25pc for a total listing of 13,152 head. Across younger cattle, most heifer categories trended upwards, while steer prices were mixed across the weight ranges and followed no clear pattern. The post Heifers trend higher in large… Read more »

Agribusiness: Stock insurance provider expands with Qld business purchase

Livestock insurance provider Stockinsure has made a strategic business purchase in Queensland, consolidating its position as the largest national provider of trade credit insurance to Australia’s independent livestock selling agents. The post Agribusiness: Stock insurance provider expands with Qld business purchase appeared first on Beef Central. Source: Beef Central Agribusiness: Stock insurance provider expands… Read more »

Weekly Indicators: slight improvement in long term outlook edition

November data included another positive employment report, although underemployment measures weakened and wage growth continues to be relatively poor. Other data included a very positive but decelerated ISM services, increased productivity but a decline in unit labor costs, and an increase in sentiment as measured by the University of Michigan due to present conditions, while… Read more »

XE Market Analysis: Asia – Dec 08, 2017

The November jobs report was solid, though the dollar ended up lower than where it started. Some selling into strength was noted, as long USD positions were pared down into the weekend. Still the DY ended at 12-session highs near 94.00. EUR-USD bottomed at 1.1730 after the data, later making its way to 1.1771 highs…. Read more »

XE Market Analysis: North America – Dec 08, 2017

The dollar has traded generally firmer, buoyed by expectations for corporate-friendly tax reform in the U.S. and into the November payrolls report, which is expected to show fresh signs of a tightening labour market. The buck has gained 0.3% versus the euro, logging two-week highs, and advanced by a similar magnitude against the yen, making… Read more »

XE Market Analysis: Europe – Dec 08, 2017

Risk-on and news of a Brexit deal on divorce terms have provided the mains themes in the main forex markets so far today, a backdrop that has inspire yen underperformance on the one hand and sterling gains on the other. USD-JPY climbed for a third straight day, posting a 24-day high of 113.46. Progress in… Read more »

Heavy NSW lambs exceed 700c/kg as export supplies tighten

LAMB prices and demand hit extreme levels in New South Wales this week, with exporters and domestic processors finding it increasingly difficult to source sufficient supplies leading up to Christmas. The post Heavy NSW lambs exceed 700c/kg as export supplies tighten appeared first on Sheep Central. Source: Sheep Central Heavy NSW lambs exceed 700c/kg… Read more »

Wool price benchmark nudges 1700c/kg in pre-Christmas rush

WOOL prices spiked again this week, with continuing strong pre-Christmas demand for Merino fleece and intense competition on Merino carding and oddment lines. The post Wool price benchmark nudges 1700c/kg in pre-Christmas rush appeared first on Sheep Central. Source: Sheep Central Wool price benchmark nudges 1700c/kg in pre-Christmas rush

Melissa heralds new generation of red meat industry leaders

Melissa Fletcher represents a new generation of Australian red meat industry leaders, Beef Central discovered, during a recent extended interview The post Melissa heralds new generation of red meat industry leaders appeared first on Sheep Central. Source: Sheep Central Melissa heralds new generation of red meat industry leaders

Opinion: Humane Society International calls for AWI action on mulesing

HUMANE Society International’s head of campaigns, Nicola Beynon, outlines why she believes the retail push away from wool from mulesed sheep highlights the importance of Australian Wool Innovation “gets on board” with a phase-out of the practice. HSI has always opposed mulesing and believes a genetic solution is the best way forward for the industry,… Read more »

Melissa heralds new generation of red meat industry leaders

Melissa Fletcher represents a new generation of Australian red meat industry leaders, Beef Central discovered, during a recent extended interview The post Melissa heralds new generation of red meat industry leaders appeared first on Beef Central. Source: Beef Central Melissa heralds new generation of red meat industry leaders

Govt moves to streamline ag export legislation

New legislation introduced by the Federal Government into Parliament yesterday is designed to provide a ‘one-stop shop’ for rules governing the export of agricultural goods. The post Govt moves to streamline ag export legislation appeared first on Beef Central. Source: Beef Central Govt moves to streamline ag export legislation

Opinion: Can Australian agriculture afford not to promote itself more actively?

Australian agriculture is a major brand relying on a handful of individual organisations and farmers to handle the critical job of maintaining and building consumer trust. The post Opinion: Can Australian agriculture afford not to promote itself more actively? appeared first on Beef Central. Source: Beef Central Opinion: Can Australian agriculture afford not to… Read more »

XE Market Analysis: Asia – Dec 07, 2017

The dollar was firmer in N.Y. trade on Thursday, taking the DXY to 12-session highs of 93.80 in the process. EUR-USD printed 1.1778 lows into the close, marking four days of lower lows. USD-JPY broke above its 50-day moving average topping at 113.04, as risk-off conditions abated. USD-CAD fell to 1.2813 from 1.2868 as oil… Read more »

Blockchain technology to fight beef fraud

A new block-chain based digital platform that enables beef producers and consumers to track the origin, history and provenance of beef from the paddock to the plate has been launched in Brisbane. The post Blockchain technology to fight beef fraud appeared first on Beef Central. Source: Beef Central Blockchain technology to fight beef fraud

MLA to target sheep meat and beef innovation adoption

SHEEP and beef producers will be encouraged by Meat & Livestock Australia to fast-track adoption of innovation and new technology that boost on-farm returns and value chain performance. The post MLA to target sheep meat and beef innovation adoption appeared first on Sheep Central. Source: Sheep Central MLA to target sheep meat and beef… Read more »

XE Market Analysis: Brazilian Real Slumps on Reform Doubts

OVERVIEW GBP continues to react to Brexit headlines.  German industrial output falls more than expected. UK house prices rise more than expected.  Canadian Dollar is extending Wednesday’s decline in fading rate hike expectations. The Australian Dollar falls after poor trade data. HIGHLIGHT Source: XE news feed XE Market Analysis: Brazilian Real Slumps on Reform… Read more »

Recruitment: Labour shortage a critical issue in US meat processing

Virtually every US beef processing company surveyed for a recent Top 30 Packers ranking cited labour as the number one issue facing the US industry. The situation in Australia is equally challenging, but processors are working hard to attract new talent. The post Recruitment: Labour shortage a critical issue in US meat processing appeared first… Read more »

Recruitment: Labour shortage a critical issue in US meat processing

Virtually every US meat processing company surveyed for a recent Top 30 Packers list cited labour as the number one issue facing the US industry. The situation in Australia is equally challenging, but processors are working hard to attract new talent. The post Recruitment: Labour shortage a critical issue in US meat processing appeared first… Read more »

Genetics: Angus joins growing trend towards single-step analytic approach

The Angus breed has joined the early Australian trend-setters in adopting single-step genetic selection. The December 2017 Angus BreedPlan analysis represents the start of a new era for the genetic evaluation of Australian Angus cattle with the implementation of a new and improved approach for incorporating genomic or DNA information into the calculation of EBVs…. Read more »

Dubbo sale 7 Dec 2017: Healthy numbers for penultimate sale of 2017

Young cattle to the trade were 5c cheaper with heifer vealers selling from 290c to 316c/kg. Almost all of the steer yearlings sold to the feeders or backgrounds while the few prime heifer yearlings to the trade sold from 255c to 299c/kg. The post Dubbo sale 7 Dec 2017: Healthy numbers for penultimate sale of… Read more »

Year end 2017 look at the short leading indicators

In his seminal work, in addition to his long leading indicators, Prof. Geoffrey Moore also proposed a series of 11 short leading indicators. These are more variable but typically turn a few months before the economy as a whole. Moore identified them as: Source: XE news feed Year end 2017 look at the short leading… Read more »

XE Market Analysis: North America – Dec 07, 2017

EUR-USD tipped to a low of 1.1776, breaching yesterday’s low by 3 pips and making this the fifth consecutive session the pair has carved out a fresh low, a correction from last Friday’s peak at 1.1940. Supply ahead of the 1.2000 level put a cap on the pairing. USD-JPY lifted to a two-day high of… Read more »

XE Market Analysis: Europe – Dec 07, 2017

Both the yen and the Australian dollar came under pressure today, the former as its safe haven premium unwound some amid a steadying in global stock markets, which were aided upward by a rebound in tech stocks, while the latter was pressured on data showing a sharp drop in Australia’s trade surplus. USD-JPY settled to… Read more »

Call for crop research priorities to get back to ‘grassroots’

The Grains Research Foundation (GRF) has called for the establishment of an independent body to set the priorities for cropping research and give growers more say in the process. The post Call for crop research priorities to get back to ‘grassroots’ appeared first on Grain Central. Source: Grain Central Call for crop research priorities… Read more »

Turkey building up cattle imports again to rein in high beef prices

The on-again, off-again livestock export market of Turkey is building up again as the country moves to import more cattle to control high beef prices in the country. The post Turkey building up cattle imports again to rein in high beef prices appeared first on Beef Central. Source: Beef Central Turkey building up cattle imports again… Read more »

What’s driven the big decline in custom-feeding in the grainfed industry?

Custom-feeding used to play a very large part in the Australian grainfed beef industry. But it’s evident that there has been a significant decline in this part of the industry over the past few years. What’s driven it? The post What’s driven the big decline in custom-feeding in the grainfed industry? appeared first on Beef… Read more »

XE Market Analysis: Asia – Dec 06, 2017

A lower than expected productivity revision weighed on the dollar early on, folowing an in-line ADP jobs report. From there, the greenback caught a mild bid, takiung EUR-USD from 1.1824 higsh to 1.1780 lows. USD-JPY bottomed at 112.11 before later topping at 112.37. USD-CAD shot higher on the combination of the BoC’s lack of rate… Read more »

Temporary bluetongue virus zone in Victoria to be lifted

A TEMPORARY precautionary bluetongue virus zone in Victoria will be lifted, Agriculture Victoria has advised. The post Temporary bluetongue virus zone in Victoria to be lifted appeared first on Sheep Central. Source: Sheep Central Temporary bluetongue virus zone in Victoria to be lifted

Dalby sale 6 Dec 2017: Numbers ease with rain

Quality of the young cattle was mixed with some good runs of well-bred yearling steers and heifers suitable for feeders and backgrounders, and local restockers were also active in the market. The post Dalby sale 6 Dec 2017: Numbers ease with rain appeared first on Beef Central. Source: Beef Central Dalby sale 6 Dec… Read more »

XE Market Analysis: North America – Dec 06, 2017

The yen rallied on a safe haven, while the Australian dollar and pound underperformed on the respective influences of sub-forecast Australian growth data and rekindling Brexit-related angst. Stock markets in Asia and Europe were a sea of red today. A miss in Australian Q3 GDP, softer oil prices, tech sector woes, Brexit-related anxieties, and concerns… Read more »

XE Market Analysis: Europe – Dec 06, 2017

The yen has rallied amid a risk-off mood in global markets. A miss in Australian Q3 GDP, soft oil prices, tech sector woes, Brexit-related anxieties, and concerns about the lofty valuations of stock markets, have collectively been weighing on global equity markets, in turn pushing up safe havens, such as the Japanese currency and gold… Read more »

Movement at the station – recent properties sold and listed

Armidale’s Earlstoun sells under hammer for $4m | Otterbourne makes $4.04m at auction | Strong competition for Kingsford and Sun Valley | District record $18,030/ha for Tumut’s Riverfront Park | Narrabri’s Spring Creek, sells after auction | Roma’s Woodburn under offer after just 10 days on the market | Gina offers Waroona abattoir | $10m… Read more »

Senators consider referral of Australian Wool Innovation to national audit office

VICTORIAN Nationals Senator Bridget McKenzie has confirmed her support for a National Audit Office investigation into the grower levy-funded Australian Wool Innovation. The post Senators consider referral of Australian Wool Innovation to national audit office appeared first on Sheep Central. Source: Sheep Central Senators consider referral of Australian Wool Innovation to national audit office

More state farming bodies support proposed lamb definition change

MOST state farming organisations have come out in favour of changing Australia’s definition for lamb, with only Victoria currently publicly opposing the proposed move. The post More state farming bodies support proposed lamb definition change appeared first on Sheep Central. Source: Sheep Central More state farming bodies support proposed lamb definition change

Senators refer Australian Wool Innovation to national auditors

After a string of scandals have engulfed Australian Wool Innovation, senators have today referred the marketing and research body to the national audit office. Source: ABC Livestock Senators refer Australian Wool Innovation to national auditors

MSA eating quality performance continues to rise

THE eating quality of Australian beef continues to rise, with the national average MSA Index reaching 57.56 points in 2015-17 – that’s a large rise of 0.84 index points since the 2010-11 grading year, a newly released report has shown. The post MSA eating quality performance continues to rise appeared first on Beef Central. … Read more »

On-farm wool experience “to feel it” inspires Japanese designer + VIDEO

A HANDS-ON experience with Australian wool-growing has inspired Japanese designer Hiromichi Ochiai to share the passion of the nation’s wool growers. The post On-farm wool experience “to feel it” inspires Japanese designer + VIDEO appeared first on Sheep Central. Source: Sheep Central On-farm wool experience “to feel it” inspires Japanese designer + VIDEO

Longreach grazier appointed as AgForce north QLD representative

LONGREACH sheep and cattle grazier Dominic Burden has been appointed as the north Queensland representative on the AgForce Queensland Farmers board. The post Longreach grazier appointed as AgForce north QLD representative appeared first on Sheep Central. Source: Sheep Central Longreach grazier appointed as AgForce north QLD representative

Ag professionals accreditation scheme another step closer

The body representing agricultural and natural resource management professionals, Ag Institute Australia (AIA), has revealed further details of the first step towards a national accreditation scheme for industry professionals. The post Ag professionals accreditation scheme another step closer appeared first on Grain Central. Source: Grain Central Ag professionals accreditation scheme another step closer

XE Market Analysis: Pound Falls Further on Brexit Disappointment

OVERVIEW USD steadies after the solid rise. UK service sector PMI falls more than expected. EU services PMI is at a 6-month high.  Australian retail sales bounce, RBA stands on hold. South Africa’s economy grew more than expected. HIGHLIGHT Source: XE news feed XE Market Analysis: Pound Falls Further on Brexit Disappointment

XE Market Analysis: Asia – Dec 05, 2017

The dollar managed modest gains for the most part in N.Y. on Tuesday, allowing the DXY to top at four-session highs of 93.43. The gains came even as U.S. trade and services ISK data disappointed. We look for the dollar to perk up into next week’s FOMC meeting, where a 25 basis point rate hike… Read more »

Claims of illegal tree clearing exposed as greens stunt: AgForce

Confirmation by the Federal Government that a Far North Queensland farming family is not under investigation for illegal tree clearing had exposed claims by the Wilderness Society as “nothing more than a baseless election eve stunt”, Queensland rural lobby group AgForce said today. The post Claims of illegal tree clearing exposed as greens stunt: AgForce appeared… Read more »

Weekly rainfall wrap + 14 day outlook, 6 Dec 2017

Surface troughs and upper level disturbances produced moderate falls across eastern and northern Australia, while moderate to locally heavy falls were recorded in southeastern Australia. The post Weekly rainfall wrap + 14 day outlook, 6 Dec 2017 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + 14 day outlook, 6 Dec… Read more »

Roma store 5 Dec 2017: Young cattle meet strong demand

A good panel of buyers was present and all were operating with one large consignment of vendor bred lines receiving very strong support. The post Roma store 5 Dec 2017: Young cattle meet strong demand appeared first on Beef Central. Source: Beef Central Roma store 5 Dec 2017: Young cattle meet strong demand

NVLX Wodonga 5 Dec 2017: Wet fails to deter annual turnoff

Prices fluctuated this week, as the market felt the pressure of the extreme weather event and a shortage of export cattle at some selling centres. The post NVLX Wodonga 5 Dec 2017: Wet fails to deter annual turnoff appeared first on Beef Central. Source: Beef Central NVLX Wodonga 5 Dec 2017: Wet fails to… Read more »

XE Market Analysis: North America – Dec 05, 2017

The dollar has lacked direction so far today, while sterling remained under pressure and the dollar bloc units outperformed, led by the Australian dollar following an above-forecast retails sales report out of Australian, which was subsequently backed-up by a comparatively less-dovish statement from the RBA governor after the December policy meeting left the cash rate… Read more »

XE Market Analysis: Europe – Dec 05, 2017

The yen weakened while the dollar bloc units outperformed, led by the Australian dollar following an above-forecast retails sales report out of Australian, which was subsequently backed-up by a comparatively less-dovish statement from the RBA governor after the December policy meeting did the expected and left the cash rate at 1.5% for a 16th consecutive… Read more »

Russian wheat sells into Asia cheaper than Australian grain

Australia’s position as supplier of premium milling wheat for noodles is at risk with Russian exports undermining a long-standing relationship between Australian wheat farms and Indonesian flour mills. Source: ABC Grain Russian wheat sells into Asia cheaper than Australian grain

Why producer participation in disease surveillance programs is vital

In this submitted article Livestock Biosecurity Network manager of biosecurity and extension for northern Australia, Jess Rummery, outlines the importance of producer participation in disease surveillance programs, and addresses the ‘what if’ questions she is often asked by producers… The post Why producer participation in disease surveillance programs is vital appeared first on Beef Central. … Read more »

Winter crop set to fall to 35.1 million tonnes: ABARES

As headers work their way through the winter crop harvest, production is set to fall well below the heady heights of last year’s record 59.5-million-tonne (Mt) crop, with the nation expected to produce 35.1Mt this season. The post Winter crop set to fall to 35.1 million tonnes: ABARES appeared first on Grain Central. Source:… Read more »

WA’s first shipment of slaughter cattle for China sets sail

The first sea shipment of beef slaughter cattle to China sourced exclusively from Western Australia departed from the Port of Fremantle overnight to supply a brand new, state of the art supply chain developed in Jiangsu Province by a company owned by Chinese-Australian investors. The post WA’s first shipment of slaughter cattle for China sets… Read more »

Kay’s Cuts: The new protein push

Alternative proteins have been in the US marketplace for many years, with primarily soybean-based proteins that mimic meat products such as hamburger patties and sausages. What sets recent developments apart is that science, technology and prominent investors are coming together as never before in a bid to produce lab-produced meats on a large scale. The… Read more »

Weekly kill: Qld grids ease as season starts to wind down

Many Queensland and northern NSW beef processors appear to have their cattle requirements mostly covered for the remainder of the year. As a result, a number of processor grid offers have dropped 10c/kg since Wednesday last week, while others have stopped quoting altogether, as supply lines-up with the remaining available kill slots. The post Weekly… Read more »

Wool4School 2018 registrations open with $10,000 in prizes + VIDEO

STUDENTS, teachers and their schools will vie for prizes worth $10,000 in the Woolmark Company’s 2018 Wool4School design competition. The Woolmark Company’s parent company Australian Wool Innovation has announced that registrations are now open for Wool4School 2018. The post Wool4School 2018 registrations open with $10,000 in prizes + VIDEO appeared first on Sheep Central. Source:… Read more »

XE Market Analysis: Asia – Dec 04, 2017

The dollar got a post-Senate tax bill passage bump higher during Asian hours on Monday, though was relatively steady through the N.Y. session. EUR-USD plied a narrow range, albeit near its overnight low, bottoming at 1.1830. USD-JPY pulled back from over two-week highs of 113.08, though found support into 112.70.USD-CAD edged a bit higher on… Read more »

Blockchain – could it revolutionise the food & agri supply chain?

There is a lot of excitement and talk about the term, ‘blockchain’, but yet little is known about what it actually is, and how this digitised technology could be implemented in the agri sector. The post Blockchain – could it revolutionise the food & agri supply chain? appeared first on Beef Central. Source: Beef… Read more »

Wagga sale 4 Dec 2017: Torrential rain impacts market

Restockers and feedlot demand on the back of wet weather and limited supplies had the greatest influence over the market. The post Wagga sale 4 Dec 2017: Torrential rain impacts market appeared first on Beef Central. Source: Beef Central Wagga sale 4 Dec 2017: Torrential rain impacts market

XE Market Analysis: North America – Dec 04, 2017

The dollar rallied on the Senate’s tax cut vote, with USD-JPY rising by over 0.7% in clocking a three-week high of 113.07 and EUR-USD ebbing by nearly 0.5% in making a two-session low of 1.1836, which is near the midway level of the range that’s been seen over the last three months. The yen’s underperformance… Read more »

Sheep CRC ASKBILL app to get sheep meat and wool production fine-tuning

PREDICTIVE sheep management application ASKBILL is being developed to potentially help producers meet lamb contract weight targets and processors to better understand on-farm production potential. The post Sheep CRC ASKBILL app to get sheep meat and wool production fine-tuning appeared first on Sheep Central. Source: Sheep Central Sheep CRC ASKBILL app to get sheep… Read more »

Support MLA in mules with pain relief push – AWGA

AUSTRALIAN Wool Growers Association president Robert McBride has congratulated Meat & Livestock Australia managing director Richard Norton for his recent comments urging sheep producers to defend mulesing with pain relief. The post Support MLA in mules with pain relief push – AWGA appeared first on Sheep Central. Source: Sheep Central Support MLA in mules… Read more »

AuctionsPlus sheep and lamb offering record as rain is forecast

AUCTIONSPLUS offered a record 103,587 sheep and lambs on Tuesday last week, with promising reports of rain and forecasts for strong falls on the horizon. Total online sheep listings for the week totalled 118,077 head, an increase of 37,312 from last week. The post AuctionsPlus sheep and lamb offering record as rain is forecast appeared… Read more »

Merino Lifetime Productivity project New England sire nominations sought

SIRE nominations are being sought for the Merino Lifetime Productivity project’s final joining at its New England site at Armidale in New South Wales. The post Merino Lifetime Productivity project New England sire nominations sought appeared first on Sheep Central. Source: Sheep Central Merino Lifetime Productivity project New England sire nominations sought

November beef exports remain subdued at 87,850t

Australian beef exports are on track to finish the full 2017 calendar year at around a neat one million tonnes, after November exports to all markets reached less than 88,000t. Trade figures released today for November continue to show a 2017 beef slaughter season characterised by limited cattle supply, driven by earlier herd liquidation forced… Read more »

Western Australian sheep producers urged to look at earlier summer feeding

WESTERN Australian sheep producers are being urged to consider starting supplementary feeding earlier this year due to the reduction of pasture in paddocks. The post Western Australian sheep producers urged to look at earlier summer feeding appeared first on Sheep Central. Source: Sheep Central Western Australian sheep producers urged to look at earlier summer… Read more »

Merino advocate Dr Charles Massy to talk regenerative agriculture in Melbourne

PROMINENT Merino advocate Dr Charles Massy will outline his approach to organic and regenerative agriculture at a Melbourne forum this week. The post Merino advocate Dr Charles Massy to talk regenerative agriculture in Melbourne appeared first on Sheep Central. Source: Sheep Central Merino advocate Dr Charles Massy to talk regenerative agriculture in Melbourne

Rural confidence rebounds: Rabobank

Australia’s farmers are looking to 2018 with renewed optimism, with rural confidence levels rebounding from the four-year low recorded last quarter, according to the latest Rabobank Rural Confidence Survey. The post Rural confidence rebounds: Rabobank appeared first on Grain Central. Source: Grain Central Rural confidence rebounds: Rabobank

Seven Company Directors course places on offer for grassfed cattle producers

Cattle Council of Australia and Meat & Livestock Australia are offering seven places in a five-day Australian Institute of Company Directors course for grassfed cattle producers to develop their skills in corporate governance. The post Seven Company Directors course places on offer for grassfed cattle producers appeared first on Beef Central. Source: Beef Central … Read more »

Free NLIS workshops for CQ

Queensland’s Department of Agriculture and Fisheries (DAF) is running a series of workshops in Central Queensland to assist beef producers make effective use of the National Livestock Identification Scheme (NLIS) website and livestock identification technology. The post Free NLIS workshops for CQ appeared first on Beef Central. Source: Beef Central Free NLIS workshops for… Read more »

US Economic Week in Review: Thank God the Economy is On Autopilot Right Now

            The autopilot economy continues growing.  This week, the BEA released the second estimate for second quarter GDP, which showed solid, broad-based growth.  Personal consumption expenditures also rose.  Consumer confidence hit a 17-uyear high and new home sales rose to their highest level since the recession.             The BEA released… Read more »

US Bond Market Week in Review: A Variety of Views on Inflation

            There is little debate among Fed policy makers about the jobs market; there exists a near-universal consensus that we’re at employment.  Inflation, however, is a different story.  Several Fed presidents made speeches that week perfectly exemplified the current state of debate.  First up is Neal Kashkari: Source: XE… Read more »

International Economic Week in Review: More and More Solid News

            The OCED released their latest World Economic Outlook, which was largely upbeat.  The organization is projecting a 3.5% global growth rate for 2017.  While this is below past expansions, it is the highest level in seven years.  Low rates are helping to support developed countries while increased Chinese investment… Read more »

Weekly Indicators: positive housing slightly outweighs real M2 downgrade to negative edition

November data started out with vehicle sales, the Chicago PMI, and ISM manufacturing indexes all cooling slightly, but still very positive. Consumer confidence improved, driven mainly by a jump in the future expectations component.   Source: XE news feed Weekly Indicators: positive housing slightly outweighs real M2 downgrade to negative edition

XE Market Analysis: Asia – Dec 01, 2017

The dollar was on a slight upward trajectory in morning N.Y. trade on Friday, though hit the skids hard following the Flynn Russia plea deal, which certainly will keep the White House on its toes. EUR-USD popped to 1.1934 from near 1.1860, after basing at 1.1850 at mid morning, as USD-JPY tanked to 111.41 from… Read more »

XE Market Analysis: Dollar Outlook Negative on Political Uncertainty

OVERVIEW The Pound remains strong across the board on positive Brexit tone and strong economic data. The Euro is steady as Eurozone factories have had their busiest month in 17 years. The Dollar looks vulnerable as Trump’s administration looks set to change again. HIGHLIGHT Manufacturing data has been the focus for this week. UK manufacturing… Read more »

TFI owners tipped as buyer of $50m SA grazing showcase

Thomas Foods International’s Thomas family is strongly rumoured to be the ‘Australian family’ which has purchased South Australian showcase cattle and sheep property Mt Schank near Mt Gambier this week, for a price somewhere above $50 million. The post TFI owners tipped as buyer of $50m SA grazing showcase appeared first on Beef Central. … Read more »

Light to medium steer and heifer prices advance on AuctionsPlus

Lighter and mediumweight steers and heifers rose sharply in value on AuctionsPlus this week, while heavier lines tended to decline in price. The post Light to medium steer and heifer prices advance on AuctionsPlus appeared first on Beef Central. Source: Beef Central Light to medium steer and heifer prices advance on AuctionsPlus

XE Market Analysis: Europe – Dec 01, 2017

The euro, and EUR-JPY in particular, has remain buoyant. EUR-USD edged out a four-day high of 1.1933, while EUR-JPY rallied to a four-month high, at 134.29. The recent run of strong data out of the Eurozone, juxtaposed to uncertainties about the U.S. tax reform bill and Fed tightening projection in 2018, have been keeping EUR-USD… Read more »

Strong speaker lineup for Charters Towers producer forum

A group of motivated Charters Towers district cattle producers have managed to pull together an ‘A-list’ of industry speakers for a producer forum covering important industry topics being held this Friday, December 8. The post Strong speaker lineup for Charters Towers producer forum appeared first on Beef Central. Source: Beef Central Strong speaker lineup… Read more »

Grain Central’s November 2017 grain news quiz

Keep up to date with Australian cropping industry developments with Grain Central’s monthly quiz. The post Grain Central’s November 2017 grain news quiz appeared first on Grain Central. Source: Grain Central Grain Central’s November 2017 grain news quiz

Hamilton’s $460,000 sheep EID grant is first in Victoria

HAMILTON’S sheep and lamb saleyard will be the first major centre to gain State Government funding approval for electronic tag scanning equipment and software, to upload data to the National Livestock Identification System. The post Hamilton’s $460,000 sheep EID grant is first in Victoria appeared first on Sheep Central. Source: Sheep Central Hamilton’s 0,000… Read more »

Celebrating Coopers SA malthouse opening + PICS

The opening on Thursday of the Coopers malthouse adjacent to its brewery in Regency Park, South Australia, saw 300 guests gather to celebrate the occasion. The post Celebrating Coopers SA malthouse opening + PICS appeared first on Grain Central. Source: Grain Central Celebrating Coopers SA malthouse opening + PICS

Recruitment: Overcoming the ag sector skills shortage

If agriculture is going to overcome its persistent skills shortage, prospective employees need to know it’s not just a sector for ‘farmers’. As ag faces the challenge of feeding a rapidly growing global population and increasing technical complexity, the composition of jobs and available career paths have changed considerably in recent times. The post Recruitment:… Read more »

Wool call for Baggy Green cricket cap initiative

AUSTRALIA’S cricket-loving wool growers are being asked to donate some of their valuable clip for a unique initiative to produce woollen Baggy Green caps for future generations of cricketers. The post Wool call for Baggy Green cricket cap initiative appeared first on Sheep Central. Source: Sheep Central Wool call for Baggy Green cricket cap… Read more »

Strong pre-Christmas buying lifts Australian wool prices again

STRONG pre-Christmas buying at auctions has lifted Australian wool prices out of last week’s dip. The post Strong pre-Christmas buying lifts Australian wool prices again appeared first on Sheep Central. Source: Sheep Central Strong pre-Christmas buying lifts Australian wool prices again

New sheep feeding standards for non-Merino ewes are on the way

NEW sheep feeding standards for non-Merino or maternal ewes are expected to be finalised next year. The post New sheep feeding standards for non-Merino ewes are on the way appeared first on Sheep Central. Source: Sheep Central New sheep feeding standards for non-Merino ewes are on the way

New Zealand producers lift lamb crop from fewer ewes

A RECORD New Zealand lambing percentage has underpinned a lift in lamb numbers and offset a declining ewe flock, according to Beef + Lamb New Zealand’s Lamb Crop 2017 report. The post New Zealand producers lift lamb crop from fewer ewes appeared first on Sheep Central. Source: Sheep Central New Zealand producers lift lamb… Read more »

Team work and dedication wins VBC award for Saxon wool growers

TEAM work and dedication has won the prestigious Vitale Barberis Canonico Wool Excellence Award for New South Wales Saxon growers, the Wood family of Uralla. The post Team work and dedication wins VBC award for Saxon wool growers appeared first on Sheep Central. Source: Sheep Central Team work and dedication wins VBC award for… Read more »

Growth award winners represent cream of ag crop

The Australasian winners of the 2017 Syngenta Growth Awards were announced at a gala dinner in Sydney last night, acknowledging their outstanding efforts to pursue a more sustainable future for agriculture. The post Growth award winners represent cream of ag crop appeared first on Grain Central. Source: Grain Central Growth award winners represent cream… Read more »

Wool brokers put their history on display in Melbourne

HISTORICAL material showing developments in wool preparation and sale will be on permanent display in the Melbourne Wool Selling Centre. The post Wool brokers put their history on display in Melbourne appeared first on Sheep Central. Source: Sheep Central Wool brokers put their history on display in Melbourne

Beef Central’s November 2017 beef news quiz

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

11 health benefits of eating beef

US nutritionist Michael Joseph says there are important health benefits of eating beef, and here he takes a closer look at 11 of them. The post 11 health benefits of eating beef appeared first on Beef Central. Source: Beef Central 11 health benefits of eating beef