Month: February 2018

XE Market Analysis: North America – Feb 28, 2018

The dollar and yen have outperformed today, the former following yesterday’s testimony of new Fed Chairman Powell and the latter after the BoJ trimmed purchases of super long JGBs in a regular QQE operation today. EUR-USD fell to a six-week low of 1.2198, Cable logged a four-session low of 1.3858, and USD-CAD rallied to a… Read more »

XE Market Analysis: Europe – Feb 28, 2018

The yen outperformed on a BoJ taper, while the dollar, outside of USD-JPY, held firm in the wake of the new Fed Chairman Powell’s Congressional testimony yesterday. EUR-USD edged out a 19-day low of 1.2215. USD-JPY, meanwhile, ebbed back to the 107.00 level, giving back gains seen on the back of Powell’s upbeat view of… Read more »

Weekly Property Review: Is Canberra using a sledge hammer to crack a walnut?

This week’s review seeks responses from a cross-section of property industry stakeholders about new FIRB regulations surrounding marketing cattle properties to overseas investors The post Weekly Property Review: Is Canberra using a sledge hammer to crack a walnut? appeared first on Beef Central. Source: Beef Central Weekly Property Review: Is Canberra using a sledge… Read more »

Legally speaking: Pitching the farm to potential overseas buyers? Advertise it first

The Federal Government last month announced a further restriction on the sale of agricultural land to foreign investors, by requiring that any farm sold to a foreign investor must first be advertised widely for at least 30 days. What are the implications? The post Legally speaking: Pitching the farm to potential overseas buyers? Advertise it… Read more »

Growers want AWI review to look at wool levy process and spending split

THE Federal Government’s independent review into Australian Wool Innovation should examine how the wool levy and AWI’s research and marketing expenditure is decided, according to Australian Wool Growers Association board member Martin Oppenheimer. The post Growers want AWI review to look at wool levy process and spending split appeared first on Sheep Central. Source:… Read more »

Merinos in SA crop trial boost gross margins $100/ha/year

MERINO sheep in a nine-year South Australian cropping trial have been shown to improve productivity and profitability, particularly in a higher input system, with no apparent negative effect on soil or system health. The post Merinos in SA crop trial boost gross margins $100/ha/year appeared first on Sheep Central. Source: Sheep Central Merinos in… Read more »

Wiley to build Ridley’s Tasmanian aquafeed plant

Ridley Corporation Limited has named Wiley as the design build partner and principal contractor for its new extrusion mill project in Westbury, Tasmania. The post Wiley to build Ridley’s Tasmanian aquafeed plant appeared first on Grain Central. Source: Grain Central Wiley to build Ridley’s Tasmanian aquafeed plant

Solid progress seen in adoption of enhanced Australian beef language

Progress is well underway to implement some of the 46 recommendations handed down by the Australian Beef Language Review. Since the release of the review in June 2016, 12 recommendations have been actioned and are now delivering outcomes for industry, a joint industry statement reports. The post Solid progress seen in adoption of enhanced Australian… Read more »

MLA’s Richard Norton puts case for one sheep industry RDC

AUSTRALIA’S sheep meat and wool industries should be served by a single research and development, Meat & Livestock Australian managing director Richard Norton has told a recent MLA forum. The post MLA’s Richard Norton puts case for one sheep industry RDC appeared first on Sheep Central. Source: Sheep Central MLA’s Richard Norton puts case… Read more »

Seasonal climate outlook Mar-May 2018

The March to May 2018 rainfall outlook issued this morning shows large parts of central and southeastern Australia are likely to have a drier than average autumn. The post Seasonal climate outlook Mar-May 2018 appeared first on Sheep Central. Source: Sheep Central Seasonal climate outlook Mar-May 2018

Woolworths and Hilton commit to long-term meat deal

Construction work has started on a new $115 million meat processing facility on Brisbane’s southside to portion control, value-add and package meat products for Woolworths supermarkets’ northern supply chain. The project comes as UK-based Hilton Food Group and Woolworths announce plans this week to restructure their Australian meat processing joint venture. The post Woolworths and… Read more »

XE Market Analysis: Asia – Feb 27, 2018

The dollar rallied in N.Y. on Tuesday, taking it cue from Fed chair Powell’s inaugural congressional testimony, which was upbeat on the outlook, and saw the market price in 3 rate hikes this year. Yields rose, while Wall Street headed lower on the prospects of further tightening. The DXY shot up to nearly three-week highs… Read more »

Farmer 'gutted' after thieves steal $50,000 worth of pregnant sheep

A farmer loses $50,000 worth of pregnant sheep and a “lifetime’s work” of breeding, in what appears to be a well planned and executed heist. Source: ABC Livestock Farmer ‘gutted’ after thieves steal ,000 worth of pregnant sheep

XE Market Analysis: Dollar Rises as New Fed Chair Says Economy is Strengthening

OVERVIEW USD jumps higher on upbeat comments from the new Fed chair. The Euro softens on weak German inflation data. GBP slightly softer as EU negotiator warns of significant differences with the UK. SEK weaker on signs central bank may have to delay rate hikes. HIGHLIGHT Source: XE news feed XE Market Analysis: Dollar… Read more »

Online AuctionsPlus wool sellers enjoy consistent market demand

AUCTIONSPLUS wool sales last week reflected the solid market as exporters, brokers and growers enjoyed consistent demand from buyers. The post Online AuctionsPlus wool sellers enjoy consistent market demand appeared first on Sheep Central. Source: Sheep Central Online AuctionsPlus wool sellers enjoy consistent market demand

Weekly rainfall wrap + 14 day outlook, 28 Feb 2018

Broad areas of low pressure across eastern Australia produced showers and storms with moderate to heavy falls in eastern Queensland and New South Wales.  The post Weekly rainfall wrap + 14 day outlook, 28 Feb 2018 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + 14 day outlook, 28 Feb 2018

Automation opportunities identified in feedlot induction

A review of feedlot induction processes in the lotfeeding industry has revealed opportunities to introduce automation at key points of the process to improve safety, efficiency, and reduce costs. Payback on some applications could be less than three years, researchers found. The post Automation opportunities identified in feedlot induction appeared first on Beef Central. … Read more »

Roma store 27 Feb 2018: Rain stimulates restocker-led price rise

xtra agent buyers were in attendance and additional restockers were present improving the market 20c to 30c/kg, stimulated by the recent rain. The post Roma store 27 Feb 2018: Rain stimulates restocker-led price rise appeared first on Beef Central. Source: Beef Central Roma store 27 Feb 2018: Rain stimulates restocker-led price rise

A change in economic seasons? (Part 1 of 2)

Something happened during the recent V-shaped selloff in the stock that made me think we may be on the cusp of a secular change, and it called back to mind a forecast I made nearly eight years ago. http://bonddad.blogspot.com/2010/09/stocks-bonds-and-dumb-money-message-of.html Source: XE news feed A change in economic seasons? (Part 1 of 2)

NVLX Wodonga 27 Feb 2018: Good support for quality young cattle

In a bigger yarding at NVLX Wodonga some slaughter cattle showed a slightly softer trend this week; however feedlots and restockers continued to support suitable young steers and heifers. The post NVLX Wodonga 27 Feb 2018: Good support for quality young cattle appeared first on Beef Central. Source: Beef Central NVLX Wodonga 27 Feb… Read more »

XE Market Analysis: North America – Feb 27, 2018

The dollar majors have been directionally challenged as market participants sit on their hands into the Congressional testimony of the new Fed chairman, Powell. USD-JPY has held a narrow range, logging a high of 107.10 before settling in the upper 106.00s, holding comfortably within yesterday’s range. EUR-USD logged an intraday peak at 1.2346 in early… Read more »

Weekly genetics review: Virtual Red Meat Hub is essential

There was extensive discussion around the need for a national livestock data platform during last week’s MLA genetics forum in Brisbane, genetics editor Alex McDonald reports. The post Weekly genetics review: Virtual Red Meat Hub is essential appeared first on Beef Central. Source: Beef Central Weekly genetics review: Virtual Red Meat Hub is essential

XE Market Analysis: Europe – Feb 27, 2018

The dollar majors have posted narrow ranges so far today as many market participants sit on their hands into the Congressional testimony of the new Fed chairman, Powell. USD-JPY has held a narrow range, logging a high of 107.10 before settling in the upper 106.00s, holding comfortably within yesterday’s range. EUR-USD lifted to an intraday… Read more »

Weekly kill: Rain delivers challenges for supply, pushes grids higher

Further rain has had some impact on grid prices for slaughter cattle this week, while processors battle to plug gaps in rosters caused by weather cancellations The post Weekly kill: Rain delivers challenges for supply, pushes grids higher appeared first on Beef Central. Source: Beef Central Weekly kill: Rain delivers challenges for supply, pushes… Read more »

Aussie entry triumphs in Houston’s World Barbecue championship

An Australian entry has stunned hundreds of US-based competitors in the World Championship Barbecue Competition held in Houston, Texas over the weekend, using a 300-day grainfed Australian Angus brisket to push within half a point of the overall championship. Grant Coleman from Wingham, NSW led a team of six Australians, taking on seasoned veterans from… Read more »

AWI to undergo Federal Government performance and governance review

AUSTRALIAN Wool Innovation will undergo a new independent review of performance and governance, the Minister for Agriculture and Water Resources David Littleproud has announced this morning. The post AWI to undergo Federal Government performance and governance review appeared first on Sheep Central. Source: Sheep Central AWI to undergo Federal Government performance and governance review

XE Market Analysis: Asia – Feb 26, 2018

The dollar rallied broadly in N.Y. on Monday, though ended off its best levels. The DXY topped at 90.04 from 59.51 lows, before settling around 89.90. EUR-USD opened just over 1.2325, dipped to 1.2278, then steadied just over 1.2300. USD-JPY opened at 106.75, and later topped at 107.07. USD-CAD topped at 1.2711, though was pushed… Read more »

Beekeepers turn to satellite tracking systems to halt hive theft

Along with the weather, the threat of pesticides and vandals, hive theft is yet another challenge beekeepers face but modern technology could help arrest the problem. Source: ABC Livestock Beekeepers turn to satellite tracking systems to halt hive theft

XE Market Analysis: Sterling Steady as Brexit Negotiations Continue

OVERVIEW USD remains stable while the probability of a rate hike next month increases. GBP shrugs off Brexit news and remains stable. The Euro sidelines as we wait for the Italian elections and results from the SPD membership vote. The Russian Rouble outperforms as Russia’s sovereign rating returns to investment grade. HIGHLIGHT Source: XE… Read more »

Avalanche of public submissions seen over poultry welfare standards

There’s been an unprecedented response to a call for public submissions on the draft Australian Animal Welfare Standards and Guidelines for Poultry, following the closure of the 90-day public consultation period yesterday, with more than 165,000 submissions were received by Animal Health Australia. The post Avalanche of public submissions seen over poultry welfare standards appeared… Read more »

Wagga sale 26 Feb: Boat, feedlot orders drive market

In a similar sixed yarding of 3,600 a boat order and feedlot competition had the greatest influence on the cattle market at Wagga. Quality was variable and prices showed some healthy gains on the back of widespread rain. The post Wagga sale 26 Feb: Boat, feedlot orders drive market appeared first on Beef Central. … Read more »

XE Market Analysis: North America – Feb 26, 2018

EUR-USD clocked a three-session high of 1.2355 on a continued dollar softness. The euro is trading more mixed versus other currencies, losing ground to sterling and Australian dollar, while gaining moderately versus the yen, suggesting that forex markets are not too perturbed by the next weekend’s general election in Italy, where attention will be on… Read more »

XE Market Analysis: Europe – Feb 26, 2018

The dollar has traded softer in early week trading, once again correlating inversely with global stock market direction. The narrow trade-weighted USD index (DXY) logged a three-session low of 89.60 as EUR-USD clocked a two-session high of 1.2334. USD-JPY has ebbed for a fourth consecutive session, logging one-week lows under 106.50 after a rally in… Read more »

Australian yard dog champion sets $14,000 auction record at Jerilderie

COOTAMUNDRA stockman Shane Maurer is on a good run with his Kelpies — claiming his first national yard dog title last year and at the weekend setting a new auction record of $14,000. The post Australian yard dog champion sets $14,000 auction record at Jerilderie appeared first on Sheep Central. Source: Sheep Central Australian… Read more »

Scanned in-lamb Merino ewes sell to $272 on AuctionsPlus

SCANNED in-lamb ewes carrying multiple lambs continued to sell for premiums on AuctionsPlus last week, with Merino ewes selling to $272 and first cross ewe hoggets to $253. The post Scanned in-lamb Merino ewes sell to $272 on AuctionsPlus appeared first on Sheep Central. Source: Sheep Central Scanned in-lamb Merino ewes sell to 2… Read more »

SA Govt backs new port in election push

South Australia’s Labor Government has pledged $150 million to establish a South Australian Ports Authority (SAPA) to oversee port development, including a new deepwater facility on Spencer Gulf, if re-elected in the state election on 17 March. The post SA Govt backs new port in election push appeared first on Grain Central. Source: Grain… Read more »

Australia urged to follow Ireland’s lead in driving beef genetic gain

Australia’s beef cattle industry has been urged to follow Ireland’s lead to accelerate its rate of genetic gain. The post Australia urged to follow Ireland’s lead in driving beef genetic gain appeared first on Beef Central. Source: Beef Central Australia urged to follow Ireland’s lead in driving beef genetic gain

Seedstock producers urged to focus on ‘breeding for a brand’

Seedstock cattle producers need to focus more on breeding animals to fit a brand program or value-chain, rather than breeding for a ‘market’ or a ‘breed type’, a leading animal and meat scientist told last week’s MLA genetics forum in Brisbane. The post Seedstock producers urged to focus on ‘breeding for a brand’ appeared first… Read more »

DNA research aims for accurate identification of panic grass

DNA technology to accurately identify panic grass varieties is being investigated by researchers at the Graham Centre for Agricultural Innovation in New South Wales. The post DNA research aims for accurate identification of panic grass appeared first on Sheep Central. Source: Sheep Central DNA research aims for accurate identification of panic grass

Former world champions and a teenage sensation step up for Golden Shears

FORMER world champion shearer Rowland Smith rounded-off his preparation for his defence of the Golden Shears open title by completing a second consecutive clean sweep of the pre-shears weekend treble at the Pahiatua Shears on Sunday. The post Former world champions and a teenage sensation step up for Golden Shears appeared first on Sheep Central. … Read more »

Agricultural innovation to be boosted by secondary school program

AUSTRALIAN secondary students have just two weeks to join a learning program aimed at solving the problems facing agriculture using innovation and an entrepreneurial mindset. Applications now open for secondary schools around Australia to apply for the unique entrepreneurial learning program — AgriFutures™ startup.business — for Year 9 and 10 students. As part of the… Read more »

Kilograms of cow dung among biosecurity risks seized at airports

VISITORS to Australia are being urged to ‘declare your dung’, with more than 296,000 biosecurity risk items intercepted at the nation’s international airports last year. The post Kilograms of cow dung among biosecurity risks seized at airports appeared first on Sheep Central. Source: Sheep Central Kilograms of cow dung among biosecurity risks seized at… Read more »

Video – Is it fit to load?

With dry seasonal conditions in large parts of rural Australia, livestock producers are being reminded of their obligations to adhere to ‘fit to load’ animal transport standards and guidelines. The post Video – Is it fit to load? appeared first on Beef Central. Source: Beef Central Video – Is it fit to load?

US Economic Week in Review: All Signs Point Towards 12-18 Months of Growth

           This week’s US economic news flow was light.  I’ll cover the Federal Reserve’s Minutes in the bond market column and, to give a complete picture of the housing market, I’ll wait for next week’s release of new home sales to talk about this week’s existing home sales numbers.  This week’s… Read more »

US Bond Market Week in Review: Slightly Faster Growth Brings the Hawks Out

            Perhaps it’s only fitting that a potentially new interest rate regime comes with a new head of the Federal Reserve.  President Yellen oversaw her last meeting In January where policymakers saw slightly faster growth in the existing data while also projecting stonger growth in the next 12-24 months.  This conclusion, which was widely reported… Read more »

Major fraud charges laid over Wagyu cattle deals

A 65-year-old Evans Head (northern NSW) man has been charged with two counts of fraud, worth more than $1.5 million, involving Wagyu cattle purchases. The post Major fraud charges laid over Wagyu cattle deals appeared first on Beef Central. Source: Beef Central Major fraud charges laid over Wagyu cattle deals

BeefConnect webinar: Lessons on managing weedy grasses from Florida

Managing giant rat’s tail grass: In this free BeefConnect Webinar to be held on Tuesday, March 6, 2018, University of Florida pasture weed specialist Professor Brent Sellers will discuss how producers can manage smutgrass, a relative of giant rat’s tail grass. The post BeefConnect webinar: Lessons on managing weedy grasses from Florida appeared first on Beef… Read more »

Weekly Indicators: coincident rough patch continues edition

January data this week was sparse: existing home sales were negative, but the Index of Leading Indicators was strongly positive.   Source: XE news feed Weekly Indicators: coincident rough patch continues edition

Rain restores some buyer confidence in smaller AuctionsPlus offering

Online cattle yardings slipped to 6747 head this week, with almost all of the decline due to a substantial reduction in offerings out of Queensland, where rain has fallen across large areas. The post Rain restores some buyer confidence in smaller AuctionsPlus offering appeared first on Beef Central. Source: Beef Central Rain restores some… Read more »

Start-up hopes to slaughter animals in truck, saving animals transport stress

Victoria is expected to become the first state to allow mobile abattoirs, in a move that is hoped will improve animal welfare and reduce weight loss in animals during transit. Source: ABC Livestock Start-up hopes to slaughter animals in truck, saving animals transport stress

XE Market Analysis: Canadian CPI Cools Less Than Forecast

OVERVIEW USD closing the week marginally firmer. GBP higher on positive tone from government strategy meeting. EUR weaker as inflation remained soft last month.  JPY rises despite still weak inflation. HIGHLIGHT Canadian annual inflation cooled less than expected last month with CPI rising 1.7%, down from 1.9% in December. With core inflation averaging 1.8%, the… Read more »

XE Market Analysis: Asia – Feb 23, 2018

The dollar traded mostly sideways in N.Y. on Friday. There was no data to move markets, though Wall Street posted gains, and yields moved a bit lower relative to Thursday’s close. EUR-USD meandered inside a 1.2318 to 1.2286 band, while USD-JPY managed a narrow 106.90 to 106.52 range. USD-CAD dipped on hotter Canadian CPI data,… Read more »

XE Market Analysis: Europe – Feb 23, 2018

The dollar has traded moderately higher, heading into the London interbank open with a 0.3% advance versed the euro, Swiss franc and yen, and comparatively more modest gains against the Australian and Canadian dollars. The New Zealand dollar has stood out as the weakness currency of the units we track, with a 0.7% loss versus… Read more »

Class is in, as Stanbroke takes beef lovers to Steak School

One of Australia’s largest beef producers is taking an innovative approach marketing with the launch of its new Steak School digital platform, an interactive website designed to educate, entertain and engage meat-eaters, both here and overseas. The post Class is in, as Stanbroke takes beef lovers to Steak School appeared first on Beef Central. Source:… Read more »

AWI scheduled for first 2018 Senate Estimates hearing

AUSTRALIAN Wool Innovation will come before Senate Estimates in Canberra next week, amid concerns its responses to previous questions on governance, finances and election processes need clarification. The post AWI scheduled for first 2018 Senate Estimates hearing appeared first on Sheep Central. Source: Sheep Central AWI scheduled for first 2018 Senate Estimates hearing

Australia’s major wool handler AWH has eSpeci concerns

AUSTRALIAN wool growers and classers will soon have three electronic specis to choose from, but at least one provider has questions about supply chain compatability. The post Australia’s major wool handler AWH has eSpeci concerns appeared first on Sheep Central. Source: Sheep Central Australia’s major wool handler AWH has eSpeci concerns

Merino and crossbred wool prices improve again

AUSTRALIAN Merino and crossbred fleece wool prices improved further this week, with buyers focussing on better prepared lines with less vegetable matter content. The post Merino and crossbred wool prices improve again appeared first on Sheep Central. Source: Sheep Central Merino and crossbred wool prices improve again

White Suffolk measurements yielding carcase results

WHITE Suffolk sheep continue to trend above all terminal breeds for weaning and post weaning weights plus eating quality, according to the latest data from LAMBPLAN. The post White Suffolk measurements yielding carcase results appeared first on Sheep Central. Source: Sheep Central White Suffolk measurements yielding carcase results

Pest animal manager retires after 38-year career

AGRICULTURE Victoria’s invasive animals biosecurity manager John Matthews will retire this month, ending a 38-year career in pest animal management. The post Pest animal manager retires after 38-year career appeared first on Sheep Central. Source: Sheep Central Pest animal manager retires after 38-year career

Future wool industry leaders gather in South Australia

FUTURE wool industry leaders participated in the Australian Wool Innovation Breeding Leadership course in South Australia this week. The post Future wool industry leaders gather in South Australia appeared first on Sheep Central. Source: Sheep Central Future wool industry leaders gather in South Australia

‘Regenerative beef’ focus for RCS seminar at Beef 2018

With Beef Australia 2018 now barely ten weeks away, the event’s seminar and conference program is rapidly filling in with a host of topical and timely subjects being covered over five days. Typical is a seminar being hosted by RCS focussing on the topic, “The Future of Beef – A regenerative business showcase.” The post… Read more »

XE Market Analysis: Asia – Feb 22, 2018

The dollar moved off of its eight session hi in N.Y. trade on Thursday, leaving the DXY at 89.64 lows, down from 90.23 overnight highs. Incoming data was better than expected, as jobless claims fell, and leading indicators were better than forecast. There was little FX reaction however. Risk appetite picked up, with Wall Street… Read more »

XE Market Analysis: Japanese Yen Rises After Hawkish FOMC Minutes

OVERVIEW USD struggles to hold onto overnight gains following FOMC minutes. EUR broadly higher despite weaker Ifo and slightly dovish ECB minutes. GBP is mixed with economic growth data revised down. CAD weaker after retail sales decline. MXN rises as CPI cools, easing pressure on incomes.  HIGHLIGHT Source: XE news feed XE Market Analysis:… Read more »

Recruitment: Five mistakes to avoid as a ‘people manager’

Everybody makes mistakes – even managers. They’re a fact of life and help us to grow at a personal and professional level. If there’s one thing successful agribusiness managers know, it’s that making mistakes can be a hugely positive learning experience. The post Recruitment: Five mistakes to avoid as a ‘people manager’ appeared first on… Read more »

Livestock Biosecurity Network: If it moves, it poses a risk

How producers can mitigate the biosecurity risks posed by the movement of people and vehicles or the introduction of livestock and feed. The post Livestock Biosecurity Network: If it moves, it poses a risk appeared first on Beef Central. Source: Beef Central Livestock Biosecurity Network: If it moves, it poses a risk

Dubbo sale 22 Feb 2018: Solid market for better quality yarding

With smaller numbers at most major centres throughout the week most operators were keen to secure numbers which created a solid market in all sections. The post Dubbo sale 22 Feb 2018: Solid market for better quality yarding appeared first on Beef Central. Source: Beef Central Dubbo sale 22 Feb 2018: Solid market for… Read more »

XE Market Analysis: North America – Feb 22, 2018

The dollar came off the boil during the London AM session after posting fresh gains in Asia. USD-JPY was an exception, having dipped quite sharply at the Tokyo fixing (on netted out corporate demand for yen), posting a low at 107.15, before recouping. EUR-USD recouped toward 1.2300. A miss in the February German Ifo business… Read more »

XE Market Analysis: Europe – Feb 22, 2018

The dollar has continued to mostly trade firmer, this time amid a backdrop of fresh equity market declines on Wall Street and in Asia (which the exception of Chinese markets, which have been playing catch-up following the prolonged Lunar New Year break). This followed minutes of the FOMC meeting, where bullets about upside risk to… Read more »

Bubbles and echo chambers constraining genetic progress: Strong

Despite the Australian beef industry’s fantastic technological base and world-leading systems, the influence of genetics in the value chain still only extends about as far as breeding better bulls, leading industry executive Jason Strong told yesterday’s MLA livestock breeding and genetics forum in Brisbane. The post Bubbles and echo chambers constraining genetic progress: Strong appeared… Read more »

Ingham’s buys Baiada’s Wacol feedmill

Australia and New Zealand’s largest integrated poultry producer, Ingham’s, has bought the Wacol feedmill west of Brisbane from Baiada as part of its push to expand feedmilling capacity in line with its continued growth in chicken and turkey production. The post Ingham’s buys Baiada’s Wacol feedmill appeared first on Grain Central. Source: Grain Central … Read more »

Cameras to supercede manual MSA grading in Teys plants by mid-year

Teys Australia is confident it will be in a position to implement objectively-measured Meat Standards Australia and AusMeat chiller assessment grading in some of its beef processing plants by the middle of this year. The post Cameras to supercede manual MSA grading in Teys plants by mid-year appeared first on Beef Central. Source: Beef… Read more »

Super company invests in wagyu beef in regional town

A not-for-profit superannuation fund is sinking $6.7 million into a wagyu beef operation in north-west New South Wales. Source: ABC Livestock Super company invests in wagyu beef in regional town

Three parties back South Australian crop insurance waiver

A South Australian (SA) exemption on stamp duty payable on multi-peril crop insurance (MPCI) premiums looks set to continue past the state election to be held on 17 March. The post Three parties back South Australian crop insurance waiver appeared first on Grain Central. Source: Grain Central Three parties back South Australian crop insurance… Read more »

WA carter’s app statewide in 2018

Bulldog clips and wads of dusty tickets floating lost on truck dashboards will be a thing of the past when Western Australia’s CBH extends it new digital “app” receivals transaction system in 2018. The post WA carter’s app statewide in 2018 appeared first on Grain Central. Source: Grain Central WA carter’s app statewide in… Read more »

XE Market Analysis: Asia – Feb 21, 2018

The dollar edged higher through the morning session in N.Y. on Wednesday, taking the DXY to six-session highs of 89.99. The greenback later moved lower on the FOMC minutes, as the Fed said a gradual approach to tightening remained appropriate, and as it sees few signs of broad wage growth increases (which got markets in… Read more »

Cargill releases statement in response to genetic patent appeal

Cargill Australia has issued a statement to Beef Central today in relation to the ongoing Federal Court of Australia court action by Meat & Livestock Australia and Dairy Australia seeking to overturn a patent granted to Cargill and Branhaven LLC over genetic cattle selection methods in Australia. The post Cargill releases statement in response to… Read more »

Theft charge after stray steer allegedly butchered to cover agistment fee

A 67-year-old Tumoulin man and a 20-year-old Moomin man have been charged with stealing and killing a steer which strayed onto the Tumolin man’s property in North Queensland three years ago. The post Theft charge after stray steer allegedly butchered to cover agistment fee appeared first on Beef Central. Source: Beef Central Theft charge after… Read more »

XE Market Analysis: Sterling Under Pressure as UK Jobless Rate Rises

OVERVIEW GBP is trading at a disadvantage due to calls for gaining full regulatory autonomy after Brexit and the jobless rate rises. The Canadian Dollar continues to weaken as oil prices drop and the US Dollar resurges. The Euro is trading at a disadvantage against the US Dollar as the Purchasing Managers Indexes for both the… Read more »

Dalby sale 21 Feb 2018: Market firms after rain

Market holds firm for smaller yarding after some good falls of rain in the Dalby region. The post Dalby sale 21 Feb 2018: Market firms after rain appeared first on Beef Central. Source: Beef Central Dalby sale 21 Feb 2018: Market firms after rain

NSW Govt takes direct stake in Wagyu supply chain

The NSW Government plans to take a $3.3 million stake in Wagyu beef supply chain, Stone Axe Pastoral, which last year made a significant property purchase near Ebor in the state’s far north. The post NSW Govt takes direct stake in Wagyu supply chain appeared first on Beef Central. Source: Beef Central NSW Govt… Read more »

XE Market Analysis: North America – Feb 21, 2018

The dollar continued to hold firm. EUR-USD extended lower for a fourth consecutive session, logging a four-session low of 1.2307, which extends the correction from the 38-month high seen on Friday at 1.2556. The day’s low was seen in the wake of the release of preliminary Eurozone February PMI survey data, which missed expectations and… Read more »

Weekly Property Review: Recent sales of note and significant new listings

This week’s property review focuses on some significant recent sales and noteworthy early 2018 listings. With exceptionally dry conditions still impacting large parts of eastern Australia, vendors emphasising available feed, and buyers chasing grass has been a trend noted in recent transactions and listings…   The post Weekly Property Review: Recent sales of note and… Read more »

XE Market Analysis: Europe – Feb 21, 2018

The dollar has remained buoyant, led by gains in USD-JPY, whicih lifted for a fourth straight session in logging a four-session high of 107.90, extending the rebound from the 15-month low seen last Thursday at 105.54. EUR-JPY and other yen crosses are also firmer, though by a lesser magnitude than USD-JPY, as a broader bid… Read more »

Barnaby the Merino ram is top of the sires on performance at Harrow

A YOUNG poll Merino ram dubbed Barnaby has made a name for himself in a ewe flock at Harrow, in Victoria’s Western District. The post Barnaby the Merino ram is top of the sires on performance at Harrow appeared first on Sheep Central. Source: Sheep Central Barnaby the Merino ram is top of the… Read more »

Weekly rainfall wrap + 14 day outlook, 21 Feb 2018

Tropical cyclone Kelvin made landfall between Broome and Port Hedland in Western Australia on 18 February, and brought very heavy rainfall to the western Kimberley. Broad areas of low pressure across western, northern and eastern Australia produced showers and storms. The post Weekly rainfall wrap + 14 day outlook, 21 Feb 2018 appeared first on… Read more »

MLA genetics forum: Norton calls for Cargill to stop patent claim

Meat & Livestock Australia managing director Richard Norton has publicly called upon Cargill to exercise its  power to put an end to a bid by US company Branhaven LLC to patent cattle selection methods in Australia. The post MLA genetics forum: Norton calls for Cargill to stop patent claim appeared first on Beef Central. … Read more »

Concern mounts over wild dogs roaming Tweed urban fringe

Authorities and residents in the northern NSW Tweed region are worried wild dogs could take a small child, if programs to control their numbers are not ramped up. Source: ABC Beef Cattle Concern mounts over wild dogs roaming Tweed urban fringe

Cattle trucks on the move to feedlots, livex ports

A surge in cattle transport activity on Queensland’s rural highways has been visible in recent weeks as producers move to destock cattle cattle feedlots and take advantage of a recent increase in live export orders to Indonesia.  The post Cattle trucks on the move to feedlots, livex ports appeared first on Beef Central. Source:… Read more »

Wool and cotton spin the yarn of natural fibre biodegradability

WOOL has united with cotton to spread the good news about natural fibre biodegradability around the world. The post Wool and cotton spin the yarn of natural fibre biodegradability appeared first on Sheep Central. Source: Sheep Central Wool and cotton spin the yarn of natural fibre biodegradability

Sale and Leongatha saleyards next on list for sheep EID equipment

SALEYARDS at Sale and Leongatha are set to be the next selling centres to install equipment for the electronic scanning of sheep and goats in Victoria. The post Sale and Leongatha saleyards next on list for sheep EID equipment appeared first on Sheep Central. Source: Sheep Central Sale and Leongatha saleyards next on list… Read more »

Pest animal skills trainers are bound for Pooncarie

WESTERN New South Wales landowners will have an opportunity to increase their pest animal control skills at a one-day training workshop in Pooncarie next month. The post Pest animal skills trainers are bound for Pooncarie appeared first on Sheep Central. Source: Sheep Central Pest animal skills trainers are bound for Pooncarie

‘Empty chair’ provides MSA with enduring consumer focus

An ‘empty chair’ has for 20 years provided a symbolic reminder of the need for Meat Standards Australia to remain consumer-focussed in its policy decision-making and strategic development. The post ‘Empty chair’ provides MSA with enduring consumer focus appeared first on Beef Central. Source: Beef Central ‘Empty chair’ provides MSA with enduring consumer focus

Rockhampton's famous bull statues beefed up

A herd of iconic bull statues in central Queensland gets a five-star facelift ahead of Australia’s largest beef industry event. Source: ABC Beef Cattle Rockhampton’s famous bull statues beefed up

Makeover for Rockhampton's famous bulls

Rockhampton’s iconic bull statues are getting a spruce up for Beef Australia 2018, the country’s largest beef industry expo. Source: ABC Beef Cattle Makeover for Rockhampton’s famous bulls

XE Market Analysis: US Dollar Adds to Gains

OVERVIEW USD trading broadly higher. GBP higher on a report that the EU parliament will allow ‘privileged’ access to the single market. CAD weaker after dropping in wholesale trade. EUR softer after a drop in German ZEW survey. AUD flat after RBA minutes signal rates to remain on hold. SEK falls sharply after inflation miss…. Read more »

XE Market Analysis: Asia – Feb 20, 2018

The dollar was fairly steady in N.Y. trade on Tuesday, leaving the DXY over its 20-day moving average of 89.43 through the day. There was no U.S. data to drive the FX market, though trend high Treasury yields helped the greenback generally. EUR-USD bottomed at 1.2320 before edging higher, while USD-JPY was steady, maintaining altitude… Read more »

NVLX Wodonga 20 Feb 2018: Rates hold up

Cattle numbers at NVLX Wodonga lifted marginally to just over 1640, as some producers move to capitalise on the price rise of the past week for heavy cattle. The post NVLX Wodonga 20 Feb 2018: Rates hold up appeared first on Beef Central. Source: Beef Central NVLX Wodonga 20 Feb 2018: Rates hold up