Month: April 2018

Dinner table bragging rights go to New Zealand wool handler Ricci

NEW Zealand wool handling husband Ricci Stevens claimed dinner table bragging rights with his Shearing Sports New Zealand’s top senior wool handling ranking after a unique national championshps final in Te Kuiti yesterday. The post Dinner table bragging rights go to New Zealand wool handler Ricci appeared first on Sheep Central. Source: Sheep Central … Read more »

XE Market Analysis: Dollar Rallies as Trade Rhetoric Calms

OVERVIEW Risk appetite recovers amid a calmer view of trade war risks. Stock markets rally strongly, European markets up over 2%. GBP under pressure from weak services data. EUR also under pressure from softer data. US trade deficit hits 9.5 year high. HIGHLIGHT The Dollar is rallying across the board today versus the Japanese Yen where it… Read more »

Trade mission aims to develop international demand for Australian Wagyu

Fourteen Wagyu cattle producers from across Australia are currently engaged in the Australian Wagyu Export Capability Development Program 2018, targeting Shanghai and Taipei. The post Trade mission aims to develop international demand for Australian Wagyu appeared first on Beef Central. Source: Beef Central Trade mission aims to develop international demand for Australian Wagyu

Dubbo sale 5 April 2018: Extra restocker support holds market up for 7000

Most of the regular buyers were operating along with additional restocker support from Roma and Moree buyers. There were also two additional processor orders along with an extra feeder order from southern operators. The post Dubbo sale 5 April 2018: Extra restocker support holds market up for 7000 appeared first on Beef Central. Source:… Read more »

China adds US beef to tariff retaliation list

China has added beef to its growing list of US imports subjected to sharply high tariffs, in retaliation against imported steel and aluminium tariffs announced by US President Donald Trump last month. The post China adds US beef to tariff retaliation list appeared first on Beef Central. Source: Beef Central China adds US beef… Read more »

Littleproud forecasts ‘strong action’ on sheep export deaths after video release

STRONG action against irresponsible live animal exporters has been forecast by Minister for Agriculture and Water Resources David Littleproud after Animals Australia released disturbing footage of sheep on Middle East-bound vessels. The post Littleproud forecasts ‘strong action’ on sheep export deaths after video release appeared first on Sheep Central. Source: Sheep Central Littleproud forecasts… Read more »

Managing calf loss: is predator control an effective strategy? + Video

Proactively working to lower calf loss rates is an important strategy to increase production from existing herds in northern Australia, but cattle producers say more research is needed to better understand causes and solutions. The post Managing calf loss: is predator control an effective strategy? + Video appeared first on Beef Central. Source: Beef… Read more »

March beef exports show solid rise, topping 90,000t

Australian beef exports produced a sharp rise in March, reaching 90,974 tonnes to all destinations, up 5pc on the previous month. Substantial tariff changes have taken place in biggest export market, Japan, for both Australian and US beef since April 1. The post March beef exports show solid rise, topping 90,000t appeared first on Beef… Read more »

Record carcase competition entries top 1000 head for Beef 2018

Entries have doubled for the Beef 2018 national carcase competition, with more than 1000 carcases graded over the past nine months in every state of Australia in the leadup to the awards presentation next month. The post Record carcase competition entries top 1000 head for Beef 2018 appeared first on Beef Central. Source: Beef… Read more »

Tree-clearing committee inundated with seven times predicted submissions

A Queensland parliamentary committee investigating proposed changes to tree-clearing laws has been inundated with submissions, receiving seven times what was originally predicted. Source: ABC Beef Cattle Tree-clearing committee inundated with seven times predicted submissions

Red Centre cattle station sells for $15 million

Viv Oldfield purchases Maryvale Station, south of Alice Springs, from the Goldsworthy family. Source: ABC Livestock Red Centre cattle station sells for million

XE Market Analysis: China Strikes Back with Trade Tariffs

OVERVIEW A cautious tone came down upon the financial markets today as China responded to the US with trade tariffs on US goods. The construction sector in the UK literally froze in March as the beast from the East put this sector into contractionary territory in March. Inflation in Europe ticked higher, while the unemployment… Read more »

Beef briefs: US meat groups fear China beef tariff hike

US meat groups fear China beef tariff hike; Britain to introduce electronic ID livestock traceability; Australia pushing for Britain to accept hormone‑treated beef; Indonesia to import 22kt of beef and offal for Ramadan; Will Qld Govt study social, economic impacts of veg laws?; Beef still Australia’s largest meat protein The post Beef briefs: US meat… Read more »

Dalby Sale 4 April 2018: Stronger market for all descriptions

The buyer panel was keen to go following the Easter break and prices for prime cows, grown steers and heifers showed an improvement. The post Dalby Sale 4 April 2018: Stronger market for all descriptions appeared first on Beef Central. Source: Beef Central Dalby Sale 4 April 2018: Stronger market for all descriptions

Horse vaccine controversy halts drug company partnership

Equestrian Australia will put a partnership with Zoetis on hold due to a class action against the controversial drug company. Source: ABC Livestock Horse vaccine controversy halts drug company partnership

Weekly property review – NQ downs grazing land prices ‘cross the line’

A healthy volume of sales is anticipated in country south of Queensland’s tick line, with prices tipped to follow as demand heats up. The post Weekly property review – NQ downs grazing land prices ‘cross the line’ appeared first on Beef Central. Source: Beef Central Weekly property review – NQ downs grazing land prices… Read more »

Treasury decision ‘squares up’ tax deal favouring foreign land owners

Australian-owned farm businesses stand to benefit from changes designed to close a tax loophole currently available only to foreign investors buying up agricultural land. The post Treasury decision ‘squares up’ tax deal favouring foreign land owners appeared first on Beef Central. Source: Beef Central Treasury decision ‘squares up’ tax deal favouring foreign land owners

WoolProducers Australia welcomes independent appointment to AWI review

AUSTRALIAN Wool Innovation’s governance must be “as good as possible” to ensure the levy-funded body’s value to the wool industry is not jeopardised, according to former Sheepmeat Council of Australia chief executive officer and councillor Ron Cullen. The post WoolProducers Australia welcomes independent appointment to AWI review appeared first on Sheep Central. Source: Sheep… Read more »

Heavy mutton and quality lambs in demand in saleyards

MUTTON sheep prices generally improved across Australia yesterday, in the first saleyard sales since the Easter break. The post Heavy mutton and quality lambs in demand in saleyards appeared first on Sheep Central. Source: Sheep Central Heavy mutton and quality lambs in demand in saleyards

AWN brings DNA to the Barossa with Only Merino collection + VIDEO

AUSTRALIAN Wool Network’s Direct Network Advantage campaign has been extended to South Australia with the launch of DNA Barossa in Adelaide today. The post AWN brings DNA to the Barossa with Only Merino collection + VIDEO appeared first on Sheep Central. Source: Sheep Central AWN brings DNA to the Barossa with Only Merino collection… Read more »

AA Co to review processing, brand operations after dramatic slide in performance

AA Co plans to undertake strategic reviews of its poorly-performed Livingstone Beef processing operations near Darwin, and parts of its ‘branded beef versus cattle’ business strategy, amid an alarming slide in financial performance announced this morning. The post AA Co to review processing, brand operations after dramatic slide in performance appeared first on Beef Central. … Read more »

Weekly kill: Some Qld grids rise, as supply falls short

Two consecutive Easter holiday-shortened weeks have slowed beef production, but not enough to head-off a supply shortfall for some QLD processors, who this week pushed grids higher in a bid to underpin supply. Some slaughter grids seen this morning had offers up 5-10c on last week, as gaps have started to appear in some kill… Read more »

Beef Central’s beef industry quiz – March 2018

Test your knowledge with Beef Central’s beef and cattle industry quiz. The post Beef Central’s beef industry quiz – March 2018 appeared first on Beef Central. Source: Beef Central Beef Central’s beef industry quiz – March 2018

ACCC paves way for Murray Goulburn sale to Saputo

The Australian Competition and Consumer Commission paves the way for the sale of Australia’s largest dairy company to Canadian giant Saputo. Source: ABC Livestock ACCC paves way for Murray Goulburn sale to Saputo

Bringing saleyard livestock into the living room with augmented reality

Farming augmented reality will allow consumers to project agricultural images of 3D objects into the real world around them, with a simple pair of glasses. Source: ABC Livestock Bringing saleyard livestock into the living room with augmented reality

Staff left in tears, unsure how to pay rent after Red Lea Chickens collapses

More than 500 workers in Sydney have their jobs terminated after the collapse of the Red Lea chicken company, leaving staff without pay and “eating two-minute noodles for dinner”, one former manager says. Source: ABC Livestock Staff left in tears, unsure how to pay rent after Red Lea Chickens collapses

Vet program aims to raise animal welfare standards on-farm

A new program designed to improve animal welfare standards on Australian farms is being launched tomorrow at the Australian Cattle Veterinarians conference in Fremantle. The post Vet program aims to raise animal welfare standards on-farm appeared first on Beef Central. Source: Beef Central Vet program aims to raise animal welfare standards on-farm

Weekly rainfall wrap + 8 day rain outlook, 4 Apr 2018

The remnants of ex-tropical cyclone Nora, embedded on a surface trough, produced moderate falls in the northern tropics. Tropical cyclone Iris formed in the Coral Sea, and is generating moderate to locally heavy falls about the north tropical and central Queensland coasts. The post Weekly rainfall wrap + 8 day rain outlook, 4 Apr 2018… Read more »

XE Market Analysis: EU Manufacturing Sector Stumbles

OVERVIEW EU manufacturing sector drops more than expected in March. UK manufacturing inches higher according to the Purchasing Manager’s Index. The Reserve Bank of Australia leaves rates on hold at 1.5%. US manufacturing slowed to 59.3. HIGHLIGHT The factory boom in the EU continues to wane into March. This is now the third month in… Read more »

Roma store 4 Apr 2018: Restockers active in smaller yarding

Young light weight yearling steers and heifers continued to experience very strong support from restockers. Medium and heavy weight yearling steers to feed met very solid demand and this trend flowed onto the heifer portion. The post Roma store 4 Apr 2018: Restockers active in smaller yarding appeared first on Beef Central. Source: Beef… Read more »

CTLX sale 4 Apr 2018: Offload continues with ongoing dry conditions

Cows with their young calves made up a large percentage of the yarding as growers continue to offload due to the continuing dry conditions. The post CTLX sale 4 Apr 2018: Offload continues with ongoing dry conditions appeared first on Beef Central. Source: Beef Central CTLX sale 4 Apr 2018: Offload continues with ongoing… Read more »

GGP TropBeef: A new genomics test for tropical beef breeds

Australian researchers have played a major role in the development of a new low-density genomics chip specifically designed for testing of tropical breeds of cattle around the world. The post GGP TropBeef: A new genomics test for tropical beef breeds appeared first on Beef Central. Source: Beef Central GGP TropBeef: A new genomics test… Read more »

Wagyu set to move to Single-Step BreedPlan analysis

The Wagyu breed in Australia is set to move to a Single-Step BreedPlan analysis, following in the footsteps of the Brahman, Hereford and Angus breeds. The new analysis will produce genomically-enhanced EBVs for all animals which have a genomic test, as well as distributing the extra accuracy that comes from using genomic information through the… Read more »

Neogen genomics testing lab records rapid business growth

Seven months after the University of Queensland Animal Genetics Laboratory was acquired by global animal genetics testing company, Neogen Corp, the new business has recorded rapid growth. The post Neogen genomics testing lab records rapid business growth appeared first on Beef Central. Source: Beef Central Neogen genomics testing lab records rapid business growth

Vale David Pollock: unsung champion for saleyards, agents and truckies

AUSTRALIA’S saleyard, stock agents and livestock transport sectors are mourning the passing of “unsung champion” David Pollock last week. The post Vale David Pollock: unsung champion for saleyards, agents and truckies appeared first on Sheep Central. Source: Sheep Central Vale David Pollock: unsung champion for saleyards, agents and truckies

How blockchain can beef up cattle supply chains

Still unsure what blockchain is, or what it potentially means for the Australian beef industry? The post How blockchain can beef up cattle supply chains appeared first on Beef Central. Source: Beef Central How blockchain can beef up cattle supply chains

Will McDonald’s US ‘fresh only’ strategy impact Australian beef exports?

McDonald’s is on track to transition all of its US burger outlets to a ‘fresh only’ (never frozen) offer on patties used in the chain’s flagship Quarter Pounder range burgers. The move has raised some concerns that it could impact on Australia’s trade with the company, because almost all of Australia’s grinding meat sold to… Read more »

Dredging funding opens door to more cattle exports from Karumba

The future of the cattle export trade from the Port of Karumba in Queensland’s Gulf is looking brighter following the announcement of a new $6.8 million dredging program for the Norman River. The post Dredging funding opens door to more cattle exports from Karumba appeared first on Beef Central. Source: Beef Central Dredging funding… Read more »

Schneider buys 11.7 micron ultrafine wool bale for 41,000c/kg

BIGGA superfine Merino partnership Hillcreston-Pine Hill sold their second finest 1PP bale in Sydney last week, realising 41,000c/kg greasy or $37,720 with a Schneider Group client. The post Schneider buys 11.7 micron ultrafine wool bale for 41,000c/kg appeared first on Sheep Central. Source: Sheep Central Schneider buys 11.7 micron ultrafine wool bale for 41,000c/kg

Prince Charles visits Australia lauding wool’s sustainability

CAMPAIGN For Wool patron Prince Charles has been commended by Australia’s Minister for Agriculture David Littleproud for his recent outspoken support for wool and sustainable fashion. The post Prince Charles visits Australia lauding wool’s sustainability appeared first on Sheep Central. Source: Sheep Central Prince Charles visits Australia lauding wool’s sustainability

Rogue feral pig hunters accused of spreading the pests for sport

They’re big, strong and smarter than your dog. Now experts are saying rogue hunters are illegally spreading feral pigs even further for sport. Source: ABC Livestock Rogue feral pig hunters accused of spreading the pests for sport

Recruitment: Three keys to creating a positive environment for new employees

It’s imperative that employers invest in the right induction process, to ensure that after making the effort of finding the right new staff member, they are rewarded with a long-term employee who is loyal and happy with their workplace. Here are some tips to make the transition to the new workplace as seamless as possible…. Read more »

Fed Govt review targets unnecessary environmental red tape on-farm

An independent review will look at the interaction between environmental law and the agriculture sector to ensure positive environmental and economic outcomes are achieved. The post Fed Govt review targets unnecessary environmental red tape on-farm appeared first on Beef Central. Source: Beef Central Fed Govt review targets unnecessary environmental red tape on-farm

Live sheep shipments to Turkey lift February exports

TURKEY is emerging as a growing live export destination for Australian sheep. The Eurasian country was the single largest importer of live Australian sheep in February this year, taking just under 73,000 head. The post Live sheep shipments to Turkey lift February exports appeared first on Sheep Central. Source: Sheep Central Live sheep shipments… Read more »

XE Market Analysis: US and China Trading Tariffs Keep Investors Nervous

OVERVIEW The Sterling is a top performer among G10 currencies. EUR is weak in the holiday-thinned market. Japan Tankan tick lower on strong JPY. USD DXY Index down 0.11% over fears that global trade war will slow economic growth. HIGHLIGHT Source: XE news feed XE Market Analysis: US and China Trading Tariffs Keep Investors… Read more »

The Fed between Scylla and Charybdis: an update

About three years ago, I wrote that in raising rates the Fed was caught between the Scylla of higher long rates killing the housing market and the Charybdis of falling long rates causing a yield curve inversion, and that “The Fed has to hope that long rates remain in a narrow band of stability.”  https://bonddad.blogspot.com/2015/05/analyzing-crosscurrents-maturing.html … Read more »

Strong early results claimed in Canada’s certified sustainable beef model

The first three months of Canada’s beef sustainability pilot project has yielded encouraging results, proving the model works and demonstrating significant potential to scale the program to deliver a greater volume of certified sustainable beef to consumers. The post Strong early results claimed in Canada’s certified sustainable beef model appeared first on Beef Central. … Read more »

Locusts in plague proportions

Locusts swarming through Western Australia’s Pilbara and Kimberley regions are costing pastoralists thousands of dollars in lost pasture. Source: ABC Beef Cattle Locusts in plague proportions

A plague on them: Locusts cost farmers a fortune

Locusts are swarming in the Pilbara and Kimberley regions of WA again this year and they’re costing pastoralists dearly in lost pasture, and control efforts. Source: ABC Livestock A plague on them: Locusts cost farmers a fortune

Essential oils are nature's liquid gold for Australian farmers

Australia’s natural oils are offering an increasing range of benefits to international markets, proving the demand is “here to stay”. Source: ABC Grain Essential oils are nature’s liquid gold for Australian farmers

The EU and UK Take a Few Modest Economic Hits

           At the end of 2016, economic news from the EU started turning more bullish.  Sentiment indicators from Markit economics were the first to pick this up which was followed by loan growth, retail sales, and finally industrial production.  Mario Draghi – the head of the ECB – has noted this trend on several occasions,… Read more »

Australia is in Good Economic Shape

            We’ve gotten the latest round of AIG industry PMIs for Australia’s construction, manufacturing and service sectors.  All three are expanding.  Although the manufacturing index dropped 1.2 points, tt has been above a 50 reading for 17 months, indicating continued growth.  All seven activity sub-indexes are rising and 6/8 sectors are growing.  The service sector… Read more »

The New and Improved Fed is Definitely More Hawkish

                WE have a new Fed Chairman: Jerome Powell.  We also have a new Fed, in the sense that the FOMC Committee released their revised economic projections at their latest meeting: Source: XE news feed The New and Improved Fed is Definitely More Hawkish

Tasmania’s Matilda Scott outclasses rivals in national competition

AUSTRALIA’S recently-crowned top wool classer graduate Matilda Scott is keeping her agricultural career options open. The post Tasmania’s Matilda Scott outclasses rivals in national competition appeared first on Sheep Central. Source: Sheep Central Tasmania’s Matilda Scott outclasses rivals in national competition

AWEX trials wool bale fingerprint technology for just one day

AUSTRALIAN Wool Innovation might have been beaten AWEX to the line with their WoolQ eSpeci, but the latest innovation for wool bale traceability tops that – hands down. The post AWEX trials wool bale fingerprint technology for just one day appeared first on Sheep Central. Source: Sheep Central AWEX trials wool bale fingerprint technology… Read more »

Young scanned in-lamb Merino ewe prices lift on AuctionsPlus

PRICES for young scanned in-lamb Merino ewes improved on AuctionsPlus last week, lifting $31 to average $168. The post Young scanned in-lamb Merino ewe prices lift on AuctionsPlus appeared first on Sheep Central. Source: Sheep Central Young scanned in-lamb Merino ewe prices lift on AuctionsPlus

Bec and Bec farm rare cattle in Tasmania

Bec Lynd and Bec Tudor introduced Scottish Highland cattle to Tasmania’s Derwent Valley to curb scrub, and the animals thrived on the steep slopes. Source: ABC Beef Cattle Bec and Bec farm rare cattle in Tasmania