Month: April 2018

XE Market Analysis: Europe – Apr 30, 2018

The dollar majors have posted narrow ranges so far today in what has been thin holiday-affected trading conditions in Asia. The USD index (DXY) is at net unchanged levels at 91.55, below Friday’s near-four-month-high at 91.98. EUR-USD has made time in the lower 1.2100s. USD-JPY posted less than a 20 pip range, holding within 109.00… Read more »

Tasmanian dairy farmers' positive mindset two years after price crisis

In 2016, the slashing of milk prices put Tasmania’s dairy farmers into crisis, but after revising their businesses, many see a bright future ahead. Source: ABC Livestock Tasmanian dairy farmers’ positive mindset two years after price crisis

Live animal exporters ‘can’t be touched’ for sheep losses under federal law

AUSTRALIAN livestock exporters are correct in their claim that ownership of livestock transfers to the importer at the loading port under current contractual arrangements, animal welfare lawyer Dr Malcolm Caulfield said today. The post Live animal exporters ‘can’t be touched’ for sheep losses under federal law appeared first on Sheep Central. Source: Sheep Central … Read more »

US lamb price news is all good up to July – MLA

AMERICAN wholesale lamb prices will remain above average through May, June and July, a report prepared for Meat & Livestock Australia has predicted. The post US lamb price news is all good up to July – MLA appeared first on Sheep Central. Source: Sheep Central US lamb price news is all good up to… Read more »

Sheep and lambs continue to head south after AuctionsPlus sales

SHEEP and lambs continued to move south AuctionsPlus sales last week as the online offering reduced by 3783 to 26,136. All states except Western Australia offered sheep and lambs online last week. The post Sheep and lambs continue to head south after AuctionsPlus sales appeared first on Sheep Central. Source: Sheep Central Sheep and… Read more »

Processor insurance premiums surge, in wake of recent plant fires

Insurance premiums for meat processors are reported to be on the rise, with some stakeholders suggesting two large catastrophic abattoir fires in Australia over the past 18 months are part of the reason. The post Processor insurance premiums surge, in wake of recent plant fires appeared first on Beef Central. Source: Beef Central Processor… Read more »

Farm Management Deposits forecast to tickle $7 billion mark

NEARLY a billion dollars will be added to the Farm Management Deposit accounts of Australian farmers this financial year, National Australia Bank agribusiness general manager Khan Horne predicted today. The post Farm Management Deposits forecast to tickle $7 billion mark appeared first on Sheep Central. Source: Sheep Central Farm Management Deposits forecast to tickle… Read more »

Wool growers urged to make submissions to AWI review

AUSTRALIA’S wool growers and industry bodies have just five days to make submissions to the current review of Australian Wool Innovation. The post Wool growers urged to make submissions to AWI review appeared first on Sheep Central. Source: Sheep Central Wool growers urged to make submissions to AWI review

Mutton 'the chocolate of meat' in emerging industry

Farmers and researchers believe mutton could be the next big thing in food, thanks to a dry ageing process that brings out complex flavours and makes the meat tender and juicy. Source: ABC Livestock Mutton ‘the chocolate of meat’ in emerging industry

Palgrove establishes genetics alliance with US seedstock company

Australian seedstock producer Palgrove has announced the formation of an alliance with GeneTrust, a large-scale US-based seedstock cattle company. The post Palgrove establishes genetics alliance with US seedstock company appeared first on Beef Central. Source: Beef Central Palgrove establishes genetics alliance with US seedstock company

‘Baseless scare campaign’ behind EU insecticide ban: CropLife Australia

The European Commission’s Standing Committee on Plants, Animals, Food and Feed voted on Saturday to extend a European Union-wide ban on neonicotinoid pesticides used in farming, a decision CropLife Australia has slammed as a blow for science-based, independent regulatory processes. The post ‘Baseless scare campaign’ behind EU insecticide ban: CropLife Australia appeared first on Grain… Read more »

BeefConnect Webinar: forage budgeting and pasture utilisation

In the next free Beef Connect webinar to be held this Thursday, May 3, DAF Longreach extension officer Kiri Broad discusses forage budgets and adjusting paddock stocking rates and the importance of acting early, not leaving it until it is too late. The post BeefConnect Webinar: forage budgeting and pasture utilisation appeared first on Beef Central. … Read more »

Louis Dreyfus Company expands global leadership team

Agribusiness giant Louis Dreyfus Company has increased the size of its senior global leadership team from five to 13, with former Melbourne-based LDC executive, Ian MacIntosh, being appointed chief strategy officer. The post Louis Dreyfus Company expands global leadership team appeared first on Grain Central. Source: Grain Central Louis Dreyfus Company expands global leadership… Read more »

NSW DPI: Thinning dense regrowth positive for biodiversity

New research on the impacts on biodiversity of ‘thinning’ White cypress pine trees has yielded promising results, finding many positive relationships between the management practice and the diversity of species in NSW forests. The post NSW DPI: Thinning dense regrowth positive for biodiversity appeared first on Beef Central. Source: Beef Central NSW DPI: Thinning… Read more »

Opinion: The reality of our northern cattle industry belies popular rhetoric

Despite a popular campaign over many years from animal activists and many politicians to replace northern live exports with slaughter at export abattoirs, the experience of AACo’s abattoir in Darwin suggests there is still no economic alternative to the live export trade for northern cattle, writes former Commonwealth public servant Brendan O’Reilly in this cross-posting… Read more »

Recent Numbers Put the BOE in a Bind

               After the Brexit vote, a number of commentators (myself included) argued that the UK economy would fall into a recession.  The reason for this conclusion is that recessions are usually caused by some type of economic shock that has broad negative ramifications for the economy at large.  The Brexit vote certainly qualified.   London had… Read more »

Recent Weakness May Give the ECB Pause to Raise Rates For Now

              EU economic news started turning more bullish at the end of 2016.  Markit Economic’s PMI surveys frist reflected the more posirive tone, which continued improving through 2017.  Industrial production growth – which stalled in 2016 – followed the PMIs higher in 2017.  A strengthening employment picture led to increased retail sales growth.  And The… Read more »

Expect the BOJ To Stay on the Sidelines For Now

           Before analyzing the Bank of Japan’s latest interest rate decision, let’s analyze the current condition of the Japanese economy by looking at it from the same perspective as the BOJ.  They often talk about “virtuous cycles,” which begins with consumer or business activity and ends with spending.                Consumer activity is employment.  Japan… Read more »

Combining resources pays off for family farms in South Australia's Mallee

Bulla Burra shares the land, tools and resources of two farming families — providing greater investment in business and the opportunities to use new technology and techniques. Source: ABC Grain Combining resources pays off for family farms in South Australia’s Mallee

Female goat farmers earn more than men? Baa humbug

Goat farmers are among a list of 80 occupations where women on average earn more than men, according to the latest tax office statistics. But that comes as a surprise to women working in the industry. Source: ABC Livestock Female goat farmers earn more than men? Baa humbug

Weekly Indicators: more slight deterioration edition

March data was again all positive, including both new and existing home sales, the FHFA and Case-Shiller house price indexes, and durable goods orders. First quarter GDP rose, although at a lower rate than Q4 2017, and the most leading components of GDP were mixed. The employment cost index rose at the highest YoY rate… Read more »

Live export ship leaves Adelaide for Fremantle

A ship carrying tens of thousands of sheep and cattle will stop at Fremantle before heading to the Middle East Source: ABC Livestock Live export ship leaves Adelaide for Fremantle

Beef’s Paddock to Plate story set to hit the road to Rocky

The Australian beef industry’s stunning virtual reality Paddock to Plate Story will take to the road on a tour of schools and local communities along the east coast of NSW and Queensland on the way to Beef Australia 2018 in Rockhampton. The post Beef’s Paddock to Plate story set to hit the road to Rocky… Read more »

Young cattle dominate smaller AuctionsPlus offering

The short working week saw cattle numbers offered online decline this week, with a total of 7560 head listed, down 27pc. As the tough season in the south continues, clearance rates remained steady, although that didn’t stop buyer and bidder interest, with almost 500 logins over four commercial sales. The post Young cattle dominate smaller… Read more »

XE Market Analysis: Asia – Apr 27, 2018

The DXY retreated from three-plus month highs of 91.98, pulling back to 91.58 lows on pre-weekend profit taking. The index had put together a string of eight consecutive higher daily highs before Friday’s pullback. The dollar perked up briefly following the slightly better than expected U.S. Q1 GDP outcome, though sellers quickly stepped in. EUR-USD… Read more »

XE Market Analysis: North America – Apr 27, 2018

The dollar ramped higher, driving the USD index (DXY) to a 16-week high at 91.90 and EUR-USD to a 16-week low at 1.2064. This is the biggest weekly loss EUR-USD has seen since the week of November 13th-17th last year. Cable concurrently logged a six-week low, and AUD-USD a four-month low. USD-CHF is trading at… Read more »

XE Market Analysis: Europe – Apr 27, 2018

The dollar majors were sitting at near net unchanged levels heading into the London interbank open today. EUR-USD late yesterday traded below 1.2100 for the first time in early January, extending the latest phase of losses which were seen in the wake of the dovish-tilting guidance of ECB President Draghi yesterday, following the central bank’s… Read more »

Angus feeder premiums grow, as brand managers work to avoid ‘commodity beef’ tag

There’s been a noticeable widening in premiums paid for Angus feeder cattle recently, which market observers suggest is primarily due to growing competition for black cattle to slot into Angus-aligned grainfed brand programs. The post Angus feeder premiums grow, as brand managers work to avoid ‘commodity beef’ tag appeared first on Beef Central. Source:… Read more »

Live sheep exporters shuffle ships as RSPCA releases anti-trade poll results

CALLS to improve live animal exports standards or phase out the trade continued this week as Western Australian exporters adapted to shipping delays to restructure the export of about 200,000 Australian sheep to Middle Eastern markets. The post Live sheep exporters shuffle ships as RSPCA releases anti-trade poll results appeared first on Sheep Central. … Read more »

Businesses owed thousands after Coomboona dairy collapse

Small businesses hit by the collapse of a mega dairy have been left with unpaid bills with some owed thousands of dollars. Source: ABC Livestock Businesses owed thousands after Coomboona dairy collapse

Tree laws: ‘A True Story’ video gives voice to landholder concerns

A group of Central Queensland landholders has turned to social media in an attempt to give wider voice to the concerns of landholders before tougher new vegetation management controls are set to be passed in Queensland’s Parliament next month. The post Tree laws: ‘A True Story’ video gives voice to landholder concerns appeared first on… Read more »

Google searches for meat spike in the colder months

If summer is the time of backyard barbecues and outdoor eating, why do meat-related online searches spike in winter? The post Google searches for meat spike in the colder months appeared first on Beef Central. Source: Beef Central Google searches for meat spike in the colder months

TFI bails out of automatic OJD sheep testing in South Australia

ABATTOIR testing for the sheep-wasting disease Ovine Johne’s Disease is now deregulated nationally after automatic testing for OJD in mature sheep ended at Thomas Food International’s South Australian plants last week. The post TFI bails out of automatic OJD sheep testing in South Australia appeared first on Sheep Central. Source: Sheep Central TFI bails… Read more »

Fake fur and availability spurs crossbred wool to new price peaks

RENEWED demand for crossbred wool bound for fake fur garments has helped lift push the 25-28 micron categories into record territory. The post Fake fur and availability spurs crossbred wool to new price peaks appeared first on Sheep Central. Source: Sheep Central Fake fur and availability spurs crossbred wool to new price peaks

XE Market Analysis: Asia – Apr 26, 2018

The DXY shot up to three-plus month highs of 91.61 highs in N.Y. on Thursday, as euro weakness was the major driver following an ECB press conference which was decidedly more cautious on the growth outlook than the policy statement suggested. EUR-USD fell from 1.2180 t o1.2198 lows. Incoming U.S. data was supportive of the… Read more »

Recruitment: Online safety course launched for livestock producers

Safety induction is an important part of any recruitment and embedding process for new staff in the beef industry, and that activity has now been simplified through a new online safety induction program created specifically for livestock producers. The post Recruitment: Online safety course launched for livestock producers appeared first on Sheep Central. Source:… Read more »

XE Market Analysis: Euro Weakens as Mario Draghi Says ECB is Assessing Softer Data

OVERVIEW US government yield falls back below 3%. US durable goods orders rise, business spending on equipment falls.  Swedish central bank keeps rates on hold, postpones rate hike. BoC Governor says the economy is finally positive. HIGHLIGHT Source: XE news feed XE Market Analysis: Euro Weakens as Mario Draghi Says ECB is Assessing Softer… Read more »

Dubbo sale 26 Apr 2018: Prices rally after cheaper sales

Most sections rallied, selling at dearer rates compared to the previous sales cheaper market. The feeder heifers were the stand out lifting by as much as 30c/kg. The post Dubbo sale 26 Apr 2018: Prices rally after cheaper sales appeared first on Beef Central. Source: Beef Central Dubbo sale 26 Apr 2018: Prices rally… Read more »

Seasonal climate outlook May-July 2018

Below-average rainfall is likely from May to July for parts of southwest Western Australia and western Victoria, while temperatures are likely to be warmer than average in far southern and northern parts. The post Seasonal climate outlook May-July 2018 appeared first on Sheep Central. Source: Sheep Central Seasonal climate outlook May-July 2018

English and Australian sheep producers share similar challenges

ENGLISH shepherds share some similar challenges with Australian sheep producers, according to northern England shepherd and author James Rebanks, a guest speaker at LambEx 2018 in Perth from August 5-7. The post English and Australian sheep producers share similar challenges appeared first on Sheep Central. Source: Sheep Central English and Australian sheep producers share… Read more »

XE Market Analysis: North America – Apr 26, 2018

The dollar was showing modest net declines on the day as of the early European PM session, giving back gains seen during the pre-London session in Asia, when the greenback posted fresh trend highs versus the euro and yen, among other currencies. The Swedish krone was a notable mover after the Riksbank pushed back the… Read more »

XE Market Analysis: Europe – Apr 26, 2018

The dollar has dipped after posting fresh highs versus the euro and yen, among other currencies. EUR-USD posted an eight-week low at 1.2159 while USD-JPY rose of an eighth consecutive day, making an 11-week high at 109.46. The move reflected ongoing dollar strength, although the yen has been among the leaders of the underperforming currencies… Read more »

Loss eases, but still minus $88 in latest grainfed trading budget

Beef Central’s latest 100-day grainfed trading budget calculated this morning shows a marked improvement on our previous assessment, but a loss of $88 a head is still painful result, in anybody’s language. The post Loss eases, but still minus $88 in latest grainfed trading budget appeared first on Beef Central. Source: Beef Central Loss… Read more »

Namoi Cotton posts $6.8 million profit for 2017/18

Namoi Cotton Limited has recorded a consolidated net profit after tax from continuing operations of $6.8 million for the full year ended February 28, 2018. The post Namoi Cotton posts $6.8 million profit for 2017/18 appeared first on Grain Central. Source: Grain Central Namoi Cotton posts .8 million profit for 2017/18

Seasonal climate outlook May-July 2018

Below-average rainfall is likely from May to July for parts of southwest Western Australia and western Victoria, while temperatures are likely to be warmer than average in far southern and northern parts. The post Seasonal climate outlook May-July 2018 appeared first on Beef Central. Source: Beef Central Seasonal climate outlook May-July 2018

XE Market Analysis: Asia – Apr 25, 2018

The DXY posted three-plus month highs of 91.24 in N.Y. trade on Wednesday, largely driven by higher Treasury yields. There was no data to move the markets, though Wall Street was lower once again, despite mostly solid incoming earnings reports. EUR-USD touched trend lows of 1.2168, while USD-JPY topped at two-plus month highs of109.38. USD-CAD… Read more »

Toyota launches new models for bush workhorse, Hilux

Toyota is today launching three new Hilux models in Australia. The post Toyota launches new models for bush workhorse, Hilux appeared first on Beef Central. Source: Beef Central Toyota launches new models for bush workhorse, Hilux

Beef 2018: Stud beef judges announced

Judges have now been announced for next month’s 1700-head, 32-breed Beef 2018 stud beef competition. The post Beef 2018: Stud beef judges announced appeared first on Beef Central. Source: Beef Central Beef 2018: Stud beef judges announced

Farmers question the future of live sheep exports

The death of 2,400 Australian sheep from overcrowding, heat exhaustion and lack of food and water during live exports to the Middle East leaves some farmers questioning whether the trade should be banned entirely. Source: ABC Livestock Farmers question the future of live sheep exports

XE Market Analysis: North America – Apr 25, 2018

The dollar remained buoyant, with the 10-year T-note yield having yesterday touched the 3.0% leve for the first time since early 2017. The narrow trade-weighted index (DXY) posted at new trend high of 91.09, a level not seen since the first week of January. EUR-USD drifted back under the 1.2200 level, although so far leaving… Read more »

Weekly Property Review – Will veg management threat impact on banks’ lending confidence?

This week’s property review continues in the second part of our study into the Queensland Government’s vegetation management bill, asking whether bank confidence will be a casualty of the continuing uncertainty. The post Weekly Property Review – Will veg management threat impact on banks’ lending confidence? appeared first on Beef Central. Source: Beef Central … Read more »

XE Market Analysis: Europe – Apr 25, 2018

The dollar picked up from correction lows, remaining underpinned after concomitantly posting trend highs yesterday after the 10-year T-note finally touched the 3.0% level first time here since early 2017. The narrow trade-weighted index (DXY) recouped to near 91.0 and yesterday’s trend high at 91.07, a level last seen in the first week of January…. Read more »

Local producers gearing-up for growth need to be ‘investment ready’

With local and international investor interest in Australian beef operations at an all-time high in recent years, producers are being encouraged to consider their growth options and how they can make the most of the investment opportunities in front of them. The post Local producers gearing-up for growth need to be ‘investment ready’ appeared first… Read more »

XE Market Analysis: Asia – Apr 24, 2018

The dollar had faded some from overnight highs at the N.Y. open on Tueday, spending much of the remainder of the session trending lower. The DXY topped at 91.07, a three-month high, during Asian hours, before touching 90.73 lows in N.Y. Wall Stree took a dive, despite generally strong earnings, with the tech sector pacing… Read more »

Roma store 24 Apr 2018: Drier season reflected in yarding

It was a widely ranging market with lots showing the effects of the dry season from Western Queensland and NSW through to quality feed assisted stock The post Roma store 24 Apr 2018: Drier season reflected in yarding appeared first on Beef Central. Source: Beef Central Roma store 24 Apr 2018: Drier season reflected… Read more »

Housing: the Millennial tailwind buffeted by incresing interest rate and pricing headwinds

This morning’s new home sales report showed a continued positive trend in housing, but with some underlying deterioration. It remains buoyed by the demographic tailwind, but contrary interest rate and price headwinds are intensifying.    Source: XE news feed Housing: the Millennial tailwind buffeted by incresing interest rate and pricing headwinds

CTLX sale 24 Apr 2018: Feeder heifers lift up to 30c/kg

The feeder heifer market was a highlight in the sale lifting by as much as 30c/kg compared to the previous sale’s cheaper market. The post CTLX sale 24 Apr 2018: Feeder heifers lift up to 30c/kg appeared first on Beef Central. Source: Beef Central CTLX sale 24 Apr 2018: Feeder heifers lift up to… Read more »

XE Market Analysis: North America – Apr 24, 2018

The dollar posted fresh highs versus most currencies before most pairings backpedalled to near net unchanged levels. EUR-USD posted a 10-week low at 1.2181 before a bout of broad dollar weakness in the London AM sessions lifted the pair above 1.2215. The low was seen after the release the April German Ifo business conditions index,… Read more »

Weekly genetics review: Selling yearling bulls a winner

Most herd bulls in Australia are offered for sale at around two years of age, but some bull breeders sell their bulls as yearlings and believe the strategy has many advantages – for both buyer and vendor. For this week’s report we’ve canvassed opinion from a selection of stud breeders who follow the strategy across… Read more »

XE Market Analysis: Europe – Apr 24, 2018

The dollar posted fresh highs against the euro and yen, and many other currencies after a bout of demand in Asia, which extending a broad rally the greenback has been seeing against for over a week now. The narrow trade-weighted USD index (DXY) posted its highest level since the first week of January, at 91.07…. Read more »

Weekly kill: Slaughter market ‘decline’ approaches ‘slump’ stage

At what point does a slaughter cattle market ‘decline’ turn into a ‘slump’? That question can be posed this week, as some serious corrections take place in meatworks cattle pricing across eastern Australia. Processor grids in QLD have fallen 20c/kg since this time last week, on top of 10-15c the week before, taking some prices… Read more »

Sheep export ship clears hurdle for Middle East shipment

MIDDLE EAST-bound live sheep export ship, the MV Awassi Express, has regained certification to carry livestock after being delayed for about two weeks in the Port of Fremantle. The post Sheep export ship clears hurdle for Middle East shipment appeared first on Sheep Central. Source: Sheep Central Sheep export ship clears hurdle for Middle… Read more »

WA’s Wide Open Agriculture eyes listing this year

Regenerative food and agriculture group, Wide Open Agriculture Limited (WOA), is about to test its worth on the Australian Stock Exchange. Last week it launched its Initial Public Offering (IPO) in its homeland, the West Australian wheatbelt. The post WA’s Wide Open Agriculture eyes listing this year appeared first on Grain Central. Source: Grain… Read more »

Court dismisses ASIC’s appeal in AWB case

The Victorian Court of Appeal has dismissed ASIC’s appeal from a judgment of the Supreme Court of Victoria made by Justice Robson on 15 December 2016. The post Court dismisses ASIC’s appeal in AWB case appeared first on Grain Central. Source: Grain Central Court dismisses ASIC’s appeal in AWB case

Scandal-plagued live export ship gains approval to carry sheep

Maritime authorities approve the Awassi Express, the vessel linked to thousands of sheep deaths in the Middle East, to again carry livestock. Source: ABC Livestock Scandal-plagued live export ship gains approval to carry sheep

Landholder fury after inquiry recommends tree laws pass without change

Queensland landholder group AgForce says farmers are angered and bitterly disappointed by a Parliamentary committee recommendation to allow proposed vegetation new management laws in the State to be passed without any changes. The post Landholder fury after inquiry recommends tree laws pass without change appeared first on Beef Central. Source: Beef Central Landholder fury… Read more »

XE Market Analysis: Asia – Apr 23, 2018

The DXY peaked at 90.92 on N.Y. on Monday, with broad dollar strength seen on the eback of higher Treasury yields, decent incoming U.S. data, and the easing of trade and geopolitical tensions. The dollar index advanced to its best level since March 2. EUR-USD bottomed at 1.2208, a near two-month low, while USD-JPY topped… Read more »

Strong demand for medium Merino fleece spills to online platform

STRONG demand for medium Merino fleece wool on the physical auction market last week spilled into increased AuctionsPlus sales online. The post Strong demand for medium Merino fleece spills to online platform appeared first on Sheep Central. Source: Sheep Central Strong demand for medium Merino fleece spills to online platform

Insights series to examine opportunities for beef businesses

A series of insight sessions covering ‘getting investment ready’ for businesses looking to grow, the global outlook for beef, and succession planning will be hosted by National Australia Bank Agribusiness as part of its presence at Beef Australia 2018 in Rockhampton next month. The post Insights series to examine opportunities for beef businesses appeared first on… Read more »

Tree laws – There is a better way!

If the Queensland Government cared to listen and embark on genuine consultation with food producers, it would learn that at fault is not what adjustment is made to the Vegetation Management Act, but the very basis of the Act itself, writes Wandoan beef producer Dale Stiller in this opinion piece. The post Tree laws –… Read more »

Victorian sheep producers to demonstrate lamb survival options

SOUTH-WEST Victorian sheep producers will investigate new options to minimise wind chill and maximise lamb birthweight at two field days in the next week. The post Victorian sheep producers to demonstrate lamb survival options appeared first on Sheep Central. Source: Sheep Central Victorian sheep producers to demonstrate lamb survival options

Help wanted with sheep drench resistance testing research

A TRIAL testing different drench resistance test methods is looking for wool growers to get involved. The free trial is funded by Australian Wool Innovation and is being conducted by New South Wales company Dawbuts. The post Help wanted with sheep drench resistance testing research appeared first on Sheep Central. Source: Sheep Central Help wanted with sheep… Read more »

Wagga sale 23 Apr 2018: Dry autumn pressure builds

Cattle prices continue to struggle under the pressure of a dry autumn and supplies of unfinished stock being pushed into the market. There were 5150 cattle yarded at Wagga which equated to 1200 fewer. The post Wagga sale 23 Apr 2018: Dry autumn pressure builds appeared first on Beef Central. Source: Beef Central Wagga… Read more »

What are the most widely-used Angus AI sires?

Ranked in order of number of registered progeny, this list summarises the most widely used Angus AI/ET sires in Australia over the past two years. The post What are the most widely-used Angus AI sires? appeared first on Beef Central. Source: Beef Central What are the most widely-used Angus AI sires?

XE Market Analysis: North America – Apr 23, 2018

The dollar rallied during the London morning session, was showing a 0.4% gain on the euro, a 0.3% advance versus the yen and Swiss franc, and 0.4% gains versus both the Australian and New Zealand dollars, as of the late AM. The greenback has firmed versus the sterling and Canadian dollar, albeit by a relatively… Read more »

NSW MP Sussan Ley to continue Private Members Bill against live sheep exports

NEW South Wales Liberal MP Sussan Ley will continue preparing a Private Members Bill aimed at phasing out long-haul live sheep exports, despite lobbying by farmer leaders in Western Australia today. The post NSW MP Sussan Ley to continue Private Members Bill against live sheep exports appeared first on Sheep Central. Source: Sheep Central … Read more »

XE Market Analysis: Europe – Apr 23, 2018

The dollar has maintained a steady-to-firmer bias in early-week trading, making fresh highs versus the yen, although holding below respective Friday highs against the euro and other currencies. EUR-USD drifted moderately lower from Friday’s closing levels, making a 1.2265 low before steadying, leaving Friday’s 17-day low at 1.2229 unchallenged. USD-JPY edged out a fresh two-month… Read more »

Farmers and exporter reject criticism of live sheep ship conditions

WESTERN Australian farmer leaders have backed live exporter Livestock Shipping Services in rejecting criticism of conditions on board the live export vessel MV Maysora before it departed Fremantle last week. The post Farmers and exporter reject criticism of live sheep ship conditions appeared first on Sheep Central. Source: Sheep Central Farmers and exporter reject… Read more »

Beef 2018: Slow-barbecued Brahman humps a cut above

‘Something magical happens with rosewood smoke and low heat and time, that just turns it into something a bit special’ – Marlborough Brahman breeder Matthew Noakes describing the 10 hour slow-barbecued Brahman humps the Smokin’ Yak team will be serving for the public at Beef 2018 this year. The post Beef 2018: Slow-barbecued Brahman humps… Read more »

Queensland-born student Emma-Lea values McGown bursary assistance

ONLY a rural student far from home like Emma-Lea Compagnoni can appreciate the value of some financial help to continue her studies while staying connected with her farming family. The post Queensland-born student Emma-Lea values McGown bursary assistance appeared first on Sheep Central. Source: Sheep Central Queensland-born student Emma-Lea values McGown bursary assistance

AuctionsPlus sheep offering still rising with dry NSW conditions

THE online sheep and lamb offering continued to increase across eastern Australia last week, with AuctionsPlus reporting listings totalling 56,000 head, up 9000 on the previous week. The post AuctionsPlus sheep offering still rising with dry NSW conditions appeared first on Sheep Central. Source: Sheep Central AuctionsPlus sheep offering still rising with dry NSW… Read more »

Blockchain could enhance live export reporting: Aus Veterinary Assn

Leveraging technology solutions such as Blockchain could help to deliver a better and more transparent livestock export reporting system, the Australian Veterinary Association (AVA) believes. The post Blockchain could enhance live export reporting: Aus Veterinary Assn appeared first on Beef Central. Source: Beef Central Blockchain could enhance live export reporting: Aus Veterinary Assn

Elders feedlot buyer confident in future of Aus-Indo cattle trade

THE head of the joint venture company behind the purchase of the Elders’ feedlot and abattoir in Indonesia says the company sees a strong future for the Australia to Indonesia cattle trade, despite the current challenges confronting the sector. The post Elders feedlot buyer confident in future of Aus-Indo cattle trade appeared first on Beef… Read more »

McDonald’s draws fire over Wagyu breed content claims

The issue of breed content in beef entitled to use the word ‘Wagyu’ in its description, promotion and marketing has resurfaced, with Brisbane’s Courier Mail on Saturday devoting three pages to the topic in reference to McDonald’s new ‘Wagyu burger’. The post McDonald’s draws fire over Wagyu breed content claims appeared first on Beef Central. … Read more »

WA farm leaders defend conditions on second Fremantle livex shipment

Western Australian farmer leaders have backed live exporter Livestock Shipping Services in rejecting criticism of conditions on board the live export vessel MV Maysora before it departed Fremantle last week. The post WA farm leaders defend conditions on second Fremantle livex shipment appeared first on Beef Central. Source: Beef Central WA farm leaders defend… Read more »

Woolly runners are winners in Australia’s Boston Marathon t-shirt campaign

AUSTRALIA’S wool industry has partnered with global sportswear brand adidas to launch a 75 percent Merino wool t-shirt at the 2018 Boston Marathon. The Woolmark Company joined forces with adidas in a three-year, three-way partnership with the Boston Athletic Association to target runners and influential consumers to lift awareness of Merino wool in sportswear. The… Read more »

NSW Farmers and police unite for rural crime workshops

NSW Farmers and police will co-operate in a series of workshops aimed at reducing rural crime costing the state’s communities millions of dollars annually. The post NSW Farmers and police unite for rural crime workshops appeared first on Sheep Central. Source: Sheep Central NSW Farmers and police unite for rural crime workshops

Strong wool forward moves with expected auction price rebound

STRONG moves were recorded in the wool forward market early last week on anticipation the spot auctions would continue to rebound from Easter lows. The post Strong wool forward moves with expected auction price rebound appeared first on Sheep Central. Source: Sheep Central Strong wool forward moves with expected auction price rebound

Key Currency Pairs: the Pound/Dollar and the Canadian Dollar/Dollar

           Due to high inflationary pressures, currency traders had assumed that the Bank of England would be raising rates this year.  BOE governor Carney threw cold water on that assumption during an interview with the BBC: The governor of the Bank of England has said that an interest rate rise is “likely” this year, but… Read more »

Moderate Mixed Messages on the International Data Front

     This week, we had the standard economic “on one hand, on the other hand” situation.  The IMF released their latest World Economic Outlook which contained bullish data.  However, we’re seeing some weakness in the OECDs leading numbers along with the Nowcasts released by the Financial Times.      First, let’s look at the positive numbers… Read more »

Canada Appears Poised For Further Growth

          The Canadian economy was hit by the oil price declile in 2014 and experienced a mild recession.  But over the last two years, it was bounced back.  Now the Bank of Canada is faced with the possibility of higher growth and the accompanying inflation.  This week, the Bank of Canada maintained their current rate… Read more »

Brain-injured cattleman walks for first time in 18 years

A central Queensland cattle breeder was unable to walk or use the right side of his body after he fell off his horse while mustering. Almost two decades later, he is walking again. Source: ABC Livestock Brain-injured cattleman walks for first time in 18 years

Weekly Indicators: manufacturing growth decelerates, mortgage applications accelerate addition

March data was all positive, including the Index of Leading Indicators, buoyed particularly by the interest rate spread and ISM new orders, and also included building permits and starts, retail sales, industrial production and capacity utilization.   Source: XE news feed Weekly Indicators: manufacturing growth decelerates, mortgage applications accelerate addition

Big drops seen in young cattle values on AuctionsPlus

Young cattle prices trended sharply downwards on AuctionsPlus this week, where listings eased to 10,393 head across five commercial sales. Tough seasonal conditions prevail across large parts of southern Australia, pushing large numbers through physical saleyards nationally. Steer categories from less than 250kg to +350kg were back at least 20c/kg, and in places more than… Read more »