Month: October 2018

XE Market Analysis: North America – Oct 31, 2018

EUR-USD printed a fresh four-month low at 1.3330. Data, including an expected rise in October Eurozone HICP to 2.2% y/y from 2.1%, had little impact. We remain bearish of EUR-USD with signs of flagging economic growth momentum in the Eurozone, along with concerns about the Eurosceptic political movement, juxtaposing a U.S. economy in relative health… Read more »

Weekly Property Review – Land banking provides opportunity, for some

This week’s property review completes a two-part series on the land banking of grazing properties and mixed farms on the urban fringes. In some examples, farmers bought-out by land developers have re-invested in land a little further out – only to be bought-out by developers a second time. The post Weekly Property Review – Land… Read more »

XE Market Analysis: Europe – Oct 31, 2018

The Dollar majors have been trading mixed and in generally narrow ranges against a backdrop of mostly stock markets, which are finishing a bad month with something of a flourish. Chinese stock markets managed a second day of gains, despite the official October manufacturing PMI falling to 50.2, the lowest since July 2016 and down… Read more »

HAAFCO puts Mt Fyans and Rancho East up for sale

WA-based Harmony Agriculture and Food Company (HAFFCO) is putting the historic Victorian grazing holding Mt Fyans and the Esperance WA grazing and lot feeding property East Rancho, both of which it purchased in 2016, up for sale. The post HAAFCO puts Mt Fyans and Rancho East up for sale appeared first on Beef Central. … Read more »

Wagyu continues on strong growth curve

Total Australian Wagyu beef production could grow to 75,000 tonnes carcase weight by 2022, if the industry continues on its recent trajectory, the Australian Wagyu Association suggests. The AWA is holding its annual general meeting in Armidale this afternoon. The post Wagyu continues on strong growth curve appeared first on Beef Central. Source: Beef… Read more »

Water shortage cuts cotton potential in half as sowing gains momentum

Cotton planting is well underway in the eastern cropping belt where low water reserves and muted irrigation allocations will limit the potential crop to 2.2 million bales – fewer than half last season’s 4.6-million-bale crop. The post Water shortage cuts cotton potential in half as sowing gains momentum appeared first on Grain Central. Source:… Read more »

Is wool’s price-demand slump due to grower politics or high prices?

AUSTRALIAN Wool Innovation chief executive Stuart McCullough’s claims that grower bodies arguing for a lower industry levy were partially responsible for the recent decline in wool prices have been rejected by growers, brokers and analysts. The post Is wool’s price-demand slump due to grower politics or high prices? appeared first on Sheep Central. Source:… Read more »

Shell shock: Giant egg contains cracking surprise

WA farmer Blythe Calnan knew she was dealing with something “quite different” when she rattled the biggest egg she’d ever seen laid by one of her hens. When she broke it open, she found something very rare. Source: ABC Livestock Shell shock: Giant egg contains cracking surprise

Trans-Pacific trade deal spells opportunity for red meat exports

Australia officially ratified the Comprehensive and Progressive Trans Pacific Partnership (CPTPP) trade agreement this week, clearing the way for first-round tariff reductions to be introduced before the end of the year. The post Trans-Pacific trade deal spells opportunity for red meat exports appeared first on Beef Central. Source: Beef Central Trans-Pacific trade deal spells… Read more »

Moss Review recommends independent inspector to oversee livex trade

Independent oversight of live animal exports will be enhanced with the establishment of an external Inspector General of Live Animal Exports, Minister for Agriculture David Littleproud has announced today. The post Moss Review recommends independent inspector to oversee livex trade appeared first on Beef Central. Source: Beef Central Moss Review recommends independent inspector to… Read more »

NZ beef and lamb producers lift livestock levies

Beef and sheepmeat farmers in New Zealand have lifted their industry levies, targeting the additional funds into international promotion, lifting the livestock industry’s environmental performance, building biosecurity risk management capability and telling the ‘farmer story’ better. The post NZ beef and lamb producers lift livestock levies appeared first on Beef Central. Source: Beef Central … Read more »

Littleproud to establish an Inspector General for live exports

INDEPENDENT oversight of live animal exports will be enhanced with an external Inspector General of Live Animal Exports, Minister for Agriculture David Littleproud has announced this morning. The post Littleproud to establish an Inspector General for live exports appeared first on Sheep Central. Source: Sheep Central Littleproud to establish an Inspector General for live… Read more »

Animals Australia and RSPCA renew live trade ban call despite Moss plan

PEAK animal right body Animals Australia, the RSPCA and independent parliamentarian Andrew Wilkie believe the Moss Review into the Department of Agriculture and Water Resources live export capabilities confirms why the trade must end. The post Animals Australia and RSPCA renew live trade ban call despite Moss plan appeared first on Sheep Central. Source:… Read more »

NZ beef and lamb producers lift livestock levies

SHEEP meat and beef farmers in New Zealand have lifted their industry levies, targeting the additional funds into international promotion, lifting the livestock industry’s environmental performance, building biosecurity risk management capability and telling the ‘farmer story’ better. The post NZ beef and lamb producers lift livestock levies appeared first on Sheep Central. Source: Sheep… Read more »

XE Market Analysis: Asia – Oct 30, 2018

The Dollar rallied in N.Y. on Monday, sending the DXY to 16-month highs of 97.02. Incoming U.S. data was supportive, as consumer confidence held up better than expected. EUR-USD fell from over 1.1380 to 1.1341 lows, while USD-JPY topped at 112.98. USD-CAD was supported by softer oil prices, peaking at 1.3147. Brexit concerns continues to… Read more »

Container productivity throughput up, profits down: ACCC

Throughput of containers across Australia’s wharves reaches a record in 2017/18, as two decades of ACCC involvement guides all parties though waterfront reforms which in the 1990s aimed for efficiencies for goods engaged in sea trade. The post Container productivity throughput up, profits down: ACCC appeared first on Grain Central. Source: Grain Central Container… Read more »

Weekly rainfall wrap + rain outlook, 31 Oct 2018

Broad surface troughs produced showers and thunderstorms in central Australia and the east coast, while cold fronts brought moderate falls to western Tasmania. The post Weekly rainfall wrap + rain outlook, 31 Oct 2018 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + rain outlook, 31 Oct 2018

Weekly rainfall wrap + rain outlook, 31 Oct 2018

Broad surface troughs produced showers and thunderstorms in central Australia and the east coast, while cold fronts brought moderate falls to western Tasmania. The post Weekly rainfall wrap + rain outlook, 31 Oct 2018 appeared first on Beef Central. Source: Beef Central Weekly rainfall wrap + rain outlook, 31 Oct 2018

Roma store sale 30 Oct 2018: Mixed quality in 9420 yarding

Recent sporadic rainfall over the supply area saw prices improve across the board for quality lines of cattle. The post Roma store sale 30 Oct 2018: Mixed quality in 9420 yarding appeared first on Beef Central. Source: Beef Central Roma store sale 30 Oct 2018: Mixed quality in 9420 yarding

XE Market Analysis: North America – Oct 30, 2018

EUR-USD posted fresh intraday lows under 1.1360. EUR-CHF has also come under pressure, while EUR-JPY and EUR-GBP have maintained a relative buoyancy due to specific concurrent underperformance of both the Yen and the Pound. The losses in EUR-USD have been concomitant of a renewed spike in Italian yields following disappointing GDP data out of Italy…. Read more »

XE Market Analysis: Europe – Oct 30, 2018

The Yen has declined and the commodity currencies have firmed amid a risk-back-on them in Asian markets. China announced fresh initiatives to shore up its equity markets, with its securities regulator announcing earlier that it will encourage share buybacks and investment from insurance companies, and M&A among listed companies, while Trump said, with typical hyperbole,… Read more »

Antibiotics, AI production tools face EU market clampdown

Two recent developments have put further obstacles in front of future prospects for Australian beef exports to the EU market. On Thursday, the European Parliament voted to adopt much tighter controls over the use of antibiotics in production animals. And in a separate development, Australian EU-accredited beef producers have received a warning over the use… Read more »

Weekly kill: Grids continue to rise sharply after rain

The recent upwards trajectory in slaughter cattle grid prices following earlier rain has continued this week, with most northern offers lifting another 20c/kg since Friday. The post Weekly kill: Grids continue to rise sharply after rain appeared first on Beef Central. Source: Beef Central Weekly kill: Grids continue to rise sharply after rain

Canola meal the real deal for supplementing steers: CSU research

Charles Sturt University research has found canola meal may provide an option for beef producers to supplementary feed steers and still access PCAS premiums for certified grassfed beef. The post Canola meal the real deal for supplementing steers: CSU research appeared first on Beef Central. Source: Beef Central Canola meal the real deal for… Read more »

Pre AGM voting opens for MLA members

MLA members have until 19 November to complete and submit their voting entitlement and proxy forms ahead of the industry service delivery company’s upcoming AGM in Canberra on 21 November. AGM packs have been mailed out to MLA members containing the necessary information to participate in the AGM, including how they can vote if they can’t attend. The post… Read more »

XE Market Analysis: Asia – Oct 29, 2018

The dollar firmed up in N.Y. trade on Monday, taking the DXY to highs of 96.70, just under Friday’s two-plus month peak of 96.86. Incoming data was mixed, with earnings on the light side, but spending higher than forecast. Risk-on conditions returned, though Wall Street ended well off its highs. EUR-USD was range bound between… Read more »

XE Market Analysis: Merkel's Career Announcement Weighs on Euro

OVERVIEW British cartel traders were acquitted of rigging currency market US spending and inflation beats estimates,  pushes Gold down and the Greenback up.  Brexit continues to plague GBP with continued uncertainty HIGHLIGHT Source: XE news feed XE Market Analysis: Merkel’s Career Announcement Weighs on Euro

CTLX Carcoar 30 Oct 2018: Cows and feeders shed recent gains

Cows and feeder cattle lost most of the previous weeks’ gains in a much larger yarding as the season continues to have a large influence in the market. The post CTLX Carcoar 30 Oct 2018: Cows and feeders shed recent gains appeared first on Beef Central. Source: Beef Central CTLX Carcoar 30 Oct 2018:… Read more »

Angus Australia marks 100th anniversary in 2019

Angus Australia will ring-in 100 years as a cattle society in 2019, with the centenary celebrations kicking off in January and continuing throughout the year. Originally named the Aberdeen-Angus Herd Book Society, the organisation was founded in May 1919 by a tenacious group of Queenslanders. The post Angus Australia marks 100th anniversary in 2019 appeared… Read more »

XE Market Analysis: North America – Oct 29, 2018

It’s been a slow start to the week in terms of direction in currency markets. EUR-USD ebbed back under 1.1400 after failing to sustain gains above this level. An intraday low was printed at 1.1360 and the pair has since settled around the 1.1380-90 area. Italy’s 10-year yields fell nearly 10 bp to near four-week… Read more »

XE Market Analysis: Europe – Oct 29, 2018

Narrow ranges have prevailed so far today in forex markets. EUR-USD has nudged above 1.1400, but the range has been less than 20 pips. USD-JPY has posted a narrow range so far, marked by 111.77 and 112.04, holding comfortably within the range seen on Friday. While USD-JPY’s fundamentals (yield differentials and the associated contrast between… Read more »

Trucks go west to cart grain amid paltry eastern prospects

Numerous transport companies in Victoria and New South Wales are sending trucks to Western Australia to help out with its harvest in light of reduced yields and area in the drought-hit eastern states. The post Trucks go west to cart grain amid paltry eastern prospects appeared first on Grain Central. Source: Grain Central Trucks… Read more »

Livecorp looks to tech to lift on-board welfare

The Australian livestock export trade’s levy-funded marketing and research body Livecorp has released its 2017-2018 annual report ahead of the industry’s annual meetings this week in Adelaide. The post Livecorp looks to tech to lift on-board welfare appeared first on Beef Central. Source: Beef Central Livecorp looks to tech to lift on-board welfare

Yes, eating meat affects the environment, but cows are not killing the climate

Raising livestock has clear impacts on the environment, but contrary to what many critics say, it is not the biggest driver of climate change. The post Yes, eating meat affects the environment, but cows are not killing the climate appeared first on Beef Central. Source: Beef Central Yes, eating meat affects the environment, but… Read more »

AWI will hold firm on a 60:40 split under a 1.5 percent wool levy – Merriman

AUSTRALIAN Wool Innovation would not change its 60 percent marketing 40pc research and development expenditure split under a 1.5pc levy regimen, AWI chairman Wal Merriman said today. The post AWI will hold firm on a 60:40 split under a 1.5 percent wool levy – Merriman appeared first on Sheep Central. Source: Sheep Central AWI… Read more »

Eastern rains trigger weeds explosion

Widespread rains across the eastern farming zone over the past few weeks have set the scene for a big summer crop planting – and triggered an outbreak of weeds that farmers are now working to contain. The post Eastern rains trigger weeds explosion appeared first on Grain Central. Source: Grain Central Eastern rains trigger… Read more »

Scots shearer leads NZ team to trans-Tasman victory at Warrnambool

SCOTS-BORN New Zealand shearer Gavin Mutch has realised another dream by leading the Te Kuiti team to victory over Australia in a trans-Tasman test at Warrnambool, in south-west Victoria on Saturday. The post Scots shearer leads NZ team to trans-Tasman victory at Warrnambool appeared first on Sheep Central. Source: Sheep Central Scots shearer leads… Read more »

AuctionsPlus online sheep and lamb offering surges on mainland

AUSTRALIA’S online sheep and lamb offering surged by 70 percent on AuctionsPlus last week as drought-affected producers sought to take advantage of strong interstate demand. The post AuctionsPlus online sheep and lamb offering surges on mainland appeared first on Sheep Central. Source: Sheep Central AuctionsPlus online sheep and lamb offering surges on mainland

Early weaning of lambs and calves to be covered at western NSW workshops

EARY weaning of lambs and calves will be the focus of two workshops in western New South Wales next month. The post Early weaning of lambs and calves to be covered at western NSW workshops appeared first on Sheep Central. Source: Sheep Central Early weaning of lambs and calves to be covered at western… Read more »

Pro-active NSW wild dog control is boosting participation and baiting

PROACTIVE co-ordinated wild dog management is making a difference in western NSW under a national plan boosting landholder participation and co-ordinated baiting programs. The post Pro-active NSW wild dog control is boosting participation and baiting appeared first on Sheep Central. Source: Sheep Central Pro-active NSW wild dog control is boosting participation and baiting

Branding changes, consumer research behind Woolies’ decision to drop MSA logo

Woolworths, the nation’s largest red meat retailer, has clarified the reasons behind its decision to remove MSA-graded symbols from its retail beef packs, saying the move had nothing to do with any lack of commitment to the MSA program, nor did it reflect concerns over any negative tenderness impact caused by Modified Atmosphere Packaging. The… Read more »

Drought-driven beef production up 6pc on last year

Ongoing drought and a poor rainfall outlook has seen 2018 Australian beef production forecasts adjusted upwards, now likely to finish 6pc higher than 2017 at 2.3 million tonnes carcase weight, according to MLA’s final quarterly Cattle Industry Projections update for the year. The post Drought-driven beef production up 6pc on last year appeared first on… Read more »

'We can fix all this': Could this be the solution to Australia's drought crisis?

Is natural sequence farming the secret to restoring our water-starved continent? For more than a decade, two farmers have shown that parched landscapes can be revived. And finally Canberra’s listening. Source: ABC Livestock ‘We can fix all this’: Could this be the solution to Australia’s drought crisis?

Seed treatment institute opens at Wagga Wagga

Syngenta has opened a world-class laboratory at Wagga Wagga in southern New South Wales that will focus on servicing the Australian broadacre cropping market and supporting the company’s range of new technologies. The post Seed treatment institute opens at Wagga Wagga appeared first on Grain Central. Source: Grain Central Seed treatment institute opens at… Read more »

Recruitment: Three tips to building positive workplace culture

Workplace culture is often seen as an issue primarily relevant to large corporate companies. However, a positive culture can be beneficial for any kind of organisation, right down to the smallest enterprise with only one or two employees. The post Recruitment: Three tips to building positive workplace culture appeared first on Grain Central. Source:… Read more »

Rockhampton man faces cruelty charges over heifer death

A 35-year-old Rockhampton man has been charged with cruelty and killing an animal with intent to steal and possessing stolen property. The post Rockhampton man faces cruelty charges over heifer death appeared first on Beef Central. Source: Beef Central Rockhampton man faces cruelty charges over heifer death

Wool demand uncertainty points to forward marketing option

ONGOING wool auction market uncertainty is heralding the necessity to look to forward marketing as a strategy to manage the current price ‘retracement’ risk. The post Wool demand uncertainty points to forward marketing option appeared first on Sheep Central. Source: Sheep Central Wool demand uncertainty points to forward marketing option

Drought makes Aussie bees weak at the knees

The annual almond tree flower pollination season helps bees recover from the impacts of the drought. Source: ABC Livestock Drought makes Aussie bees weak at the knees

King Island farmer a surfing pioneer on now-famous waves

Peter Bowling’s family pioneered King Island farming back in the late 1800s. Generations later he was a pioneer of surfing on King Island, and along the way has tried bullock driving and kelp-getting. Source: ABC Livestock King Island farmer a surfing pioneer on now-famous waves

Shearers, sheep and inside the shearing shed

Photographer Chantel McAlister has a mission to “tell the truth about wool” and thinks the Australian wool industry has had a bad rap. Source: ABC Livestock Shearers, sheep and inside the shearing shed

Heifer prices continues to surge in larger AuctionsPlus offering

Large offerings of weaners and yearlings out of Queensland boosted numbers on AuctionsPlus this week, with catalogues jumping by 68pc to 10,671 head. Heifer prices continued their recent rise, while young steer categories fell this week – in places sharply. The post Heifer prices continues to surge in larger AuctionsPlus offering appeared first on Beef… Read more »

Agricultural scientists, global food brands target allergen-free market

Major food companies and agricultural scientists are developing more food and beverages for the rising number of Australians with food allergies, tapping into a huge and growing market. Source: ABC Grain Agricultural scientists, global food brands target allergen-free market

XE Market Analysis: Asia – Oct 26, 2018

The Dollar index fell from trend highs of 96.86 to 96.31 before finding its footing in N.Y. trade on Friday. A stronger than expected Q3 U.S. GDP print gave no help to the Greenback, as risk-off conditions prevailed following earnings misses from Amazon and Google, which saw Wall Street tank. EUR-USD topped at 1.1413 from… Read more »

XE Market Analysis: G-10 Currencies Fading Away as US GDP Gallops Faster

OVERVIEW  The USD touched a two-month high vis-à-vis its significant peers as American GDP beat estimates Commodity-currencies slid into negative territory amid trade tensions and falling oil prices NYMEX WTI Crude rolled lower, down 1.2% to $66.70 a barrel. HIGHLIGHT Source: XE news feed XE Market Analysis: G-10 Currencies Fading Away as US GDP… Read more »

XE Market Analysis: North America – Oct 26, 2018

The Yen strengthen on a safe-haven bid amid a backdrop of coursing risk aversion, while the Dollar also traded firmer against most currencies outside the case against the Japanese currency. USD-JPY fell to an 11-day low at 111.86, while AUD-JPY dove over 1% into two-year territory and EUR-JPY printed two-month lows. Source: XE news… Read more »

XE Market Analysis: Europe – Oct 26, 2018

The Yen has traded with a firming bias while the Australian Dollar and other Dollar bloc currencies have underperformed amid fresh risk aversion in global markets. USD-JPY has drifted to the lower 112.0s, approaching the 11-day low seen on Wednesday at 111.82, while EUR-JPY ebbed to a two-month low and AUD-JPY to a fresh six-week… Read more »

Bright future for cropping amidst threats and challenges: Peter Roberts

WA farmer and agricultural leader, Peter Roberts, reflects on the dramatic advances in crop production and the opportunities ahead that point to a bright future for the grains industry, despite the many challenges and threats in a world of increasing public scrutiny. The post Bright future for cropping amidst threats and challenges: Peter Roberts appeared… Read more »

Feed or sell? Some kitchen table calculations to help with decisions

With hotter months returning NSW DPI livestock officer Geoff Casburn has outlined some basic break-even kitchen table calculations that can help to make important feed or sell decisions. The post Feed or sell? Some kitchen table calculations to help with decisions appeared first on Beef Central. Source: Beef Central Feed or sell? Some kitchen… Read more »

Cargill cottonseed plant closure punches hole in feed rations

The imminent closure of Cargill’s aged oilseed crushing plant at Narrabri in north west NSW has shut off a key source of inputs for cattle feeders and impacted the balance sheets of stakeholders, Namoi Cotton and Auscott. The post Cargill cottonseed plant closure punches hole in feed rations appeared first on Beef Central. Source:… Read more »

Feedgrain Focus: Trade slows as rain lifts pasture, sorghum outlook

Little volume has traded in the feedgrain market in the past week, with around 15 to 50 millimetres of rain across much of southern Queensland and north-eastern New South Wales sparking pasture growth and securing prospects for sorghum planting in many areas, while in southern NSW pasture growth is yet to achieve its full potential…. Read more »

Dry September cuts winter crop prospects by 15pc: ABARES

Commodity forecaster, ABARES, has dramatically cut its Australian winter crop production estimate for 2018/19 to 28.22 million tonnes (Mt), down 15 per cent on the September forecast of 33.2Mt. The post Dry September cuts winter crop prospects by 15pc: ABARES appeared first on Grain Central. Source: Grain Central Dry September cuts winter crop prospects… Read more »

AWI WoolPoll insolvency ‘scare tactic’ fails detailed analysis

AUSTRALIAN Wool Innovation stands accused of underestimating future wool prices, changing its forward wool production estimates and engaging in scare tactics to persuade growers to vote for a 2 percent levy in the 2018 WoolPoll ballot. The post AWI WoolPoll insolvency ‘scare tactic’ fails detailed analysis appeared first on Sheep Central. Source: Sheep Central … Read more »

MLA to fight Australian Conservatives for Lambassador

MEAT & Livestock Australia will register the Lambassador term and fight its use by the Australian Conservatives Party in advertising. The post MLA to fight Australian Conservatives for Lambassador appeared first on Sheep Central. Source: Sheep Central MLA to fight Australian Conservatives for Lambassador

NSW Farmers urges AWI to clear up review implementation plan

NSW Farmers has welcomed a bipartisan approach to ensure Australian Wool Innovation implements all recommendations in its recent performance and governance review. The post NSW Farmers urges AWI to clear up review implementation plan appeared first on Sheep Central. Source: Sheep Central NSW Farmers urges AWI to clear up review implementation plan

Drought fund puts money away for a non-rainy day

The Federal Government will allocate $3.9 billion to a Future Drought Fund as part of a national drought assistance package announced at a special drought summit in Canberra today. The post Drought fund puts money away for a non-rainy day appeared first on Grain Central. Source: Grain Central Drought fund puts money away for… Read more »

ACCC issues ‘a parking fine’ to misleading ugg boot wholesaler

GENUINE Australian ugg boot maker Eddie Oygur has labelled $25,200 in penalties paid by a company making its products in China as ridiculously low and “a parking fine”. The post ACCC issues ‘a parking fine’ to misleading ugg boot wholesaler appeared first on Sheep Central. Source: Sheep Central ACCC issues ‘a parking fine’ to… Read more »

Australian wool prices drop as new business and contracts wane

AUSTRALIAN wool prices fell by up to 155 cents this week and growers resisted the price corrections as reports of limited new business and forward contracts undermined the market. The post Australian wool prices drop as new business and contracts wane appeared first on Sheep Central. Source: Sheep Central Australian wool prices drop as… Read more »

ABARES update puts 2018 drought in perspective

A new ABARES update released today provides a perspective on the drought, including rainfall deficiencies and its effects on crop production, livestock markets and farm incomes across the nation. The post ABARES update puts 2018 drought in perspective appeared first on Beef Central. Source: Beef Central ABARES update puts 2018 drought in perspective

Govt drought fund puts money away for a non-rainy day

The Federal Government will allocate $3.9 billion to a Future Drought Fund as part of a national drought assistance package announced at a special drought summit in Canberra today. The post Govt drought fund puts money away for a non-rainy day appeared first on Beef Central. Source: Beef Central Govt drought fund puts money… Read more »

How a mob of stray cattle started a gold rush in the Pilbara

Gold discoveries have been making headlines in Western Australia’s Pilbara in recent years, something all kicked off by a man chasing a mob of stray cattle. Source: ABC Livestock How a mob of stray cattle started a gold rush in the Pilbara

XE Market Analysis: Asia – Oct 25, 2018

The Dollar index peaked at 96.71, its highest since August 16 in N.Y. on Thursday. Incoming data had little impact, though risk-taking levels improved, allowing Wall Street to rally, which largely helped the Greenback. EUR-USD fell on a dovish leaning Draghi, leaving the pairing at 1.1359 lows. USD-JPY traded a narrow band, though was supported… Read more »

Feed or sell? Some kitchen table calculations to help with decisions

With hotter months returning NSW DPI livestock officer Geoff Casburn has outlined some basic break-even kitchen table calculations that can help to make important feed or sell decisions. The post Feed or sell? Some kitchen table calculations to help with decisions appeared first on Sheep Central. Source: Sheep Central Feed or sell? Some kitchen… Read more »

XE Market Analysis: Brexit Fears Sink Sterling, US Dollar Rises

OVERVIEW Sterling sinks on renewed fears of no-deal Brexit following warnings from Europe’s Central Bank president European and Asian stock markets struggle to recover, Wall Street follows suit  Bank of Canada delivers expected interest rate hike  HIGHLIGHT Source: XE news feed XE Market Analysis: Brexit Fears Sink Sterling, US Dollar Rises

Incitec drought fundraiser hopes to make $200,000

Incitec Pivot Fertilisers has donated nine B-double truckloads of SuPerfect fertiliser for a charity auction starting Monday to raise funds for the Buy a Bale High Country drought relief effort. The company hopes to raise more than $200,000 through next week’s online auction on AuctionsPlus, starting Monday, to support drought affected farmers. The post Incitec… Read more »

Dubbo sale 25 Oct 2018: Most sections register gains

Most sections of the market enjoyed gains in a good quality yarding with a number of the cattle showing the benefits of the original falls of rain. The post Dubbo sale 25 Oct 2018: Most sections register gains appeared first on Beef Central. Source: Beef Central Dubbo sale 25 Oct 2018: Most sections register… Read more »

Federal Government commits $5 billion to Future Drought Fund

Helping farmers prepare for future droughts will be the focus of a new multi-billion dollar fund that Prime Minister Scott Morrison will unveil today. Source: ABC Livestock Federal Government commits billion to Future Drought Fund

XE Market Analysis: North America – Oct 25, 2018

The Dollar has traded on a soft tack, while the Yen, after gaining during the Asian session, corrected against most currencies as European stock markets and U.S. equity index futures found some bargain-hunting demand after the rout. EUR-USD has settled to a narrow orbit of the 1.1400 level, with the pair consolidating after printing a… Read more »

Show me the money: Lightning finally strikes!

How often is agri research commercialised in Australia? It’s not every month, probably not even every year. One could be forgiven for thinking it sits on the spectrum of time somewhere between peace in the Middle East and the return-to-earth orbit of Halley’s comet. But there are exceptions, writes Agtech editor, Sam Trethewey. The post… Read more »

CQUni’s DataMuster boosts Argentina’s beef research

The DataMuster automated livestock management system has had its first international deployment, with two Argentinean research stations installing the system this month. DataMuster uses walk-over-weigh scales, advanced data analytics and remote communication technologies to monitor growth and reproductive performance in cattle. The post CQUni’s DataMuster boosts Argentina’s beef research appeared first on Beef Central. … Read more »

XE Market Analysis: Europe – Oct 25, 2018

The Dollar has traded softer and the Yen has outperformed on a safe haven bid amid a backdrop of hefty global stock market losses. The USD index (DXY), which has rallied quite strongly over the last week and a half, is presently showing a decline of 0.2%., at 96.24, extending the correction from yesterday’s two-month… Read more »

NFF calls for long-term view at National Drought Summit

The National Farmers Federation is asking federal and state governments to provide incentives for farmers to insure themselves in part of its call for a long-term view at tomorrow’s National Drought Summit in Canberra. The post NFF calls for long-term view at National Drought Summit appeared first on Grain Central. Source: Grain Central NFF… Read more »

Cargill unveils industry-first robotic cattle driver + VIDEO

Cargill has developed an industry-first robotic cattle driver aimed at improving animal welfare and employee safety in cattle yards. The post Cargill unveils industry-first robotic cattle driver + VIDEO appeared first on Beef Central. Source: Beef Central Cargill unveils industry-first robotic cattle driver + VIDEO

New Certified Organic stockfeed mill starts operations

Producers of certified Organic beef will have better access to permissible production supplements for stock, following the commissioning of a new feedmill near Toowoomba. The post New Certified Organic stockfeed mill starts operations appeared first on Beef Central. Source: Beef Central New Certified Organic stockfeed mill starts operations

‘Building Fences’ – addressing the issues of mental health in rural Australia

In this follow-up to her earlier article, “Are you bogged mate?”, which struck a chord with people all over Australia, Mary O’Brien uses a compelling analogy about “Building Fences” to again highlight the issue of mental health and depression in the bush. The post ‘Building Fences’ – addressing the issues of mental health in rural… Read more »

Seasonal climate outlook Nov 2018 – Jan 2019

November to January is likely to be drier than average for large parts of Australia, according to the latest three monthly seasonal climate outlook statement released by the Bureau of Meteorology this morning. The post Seasonal climate outlook Nov 2018 – Jan 2019 appeared first on Sheep Central. Source: Sheep Central Seasonal climate outlook… Read more »

Low chance of drought recovery for eastern Australia in coming months

Despite heavy rain lashing parts of the country in recent weeks the big dry is far from over — and according to the latest BOM outlook, the hard times are set to continue. Source: ABC Livestock Low chance of drought recovery for eastern Australia in coming months

Impact of drought laid bare in survey of Qld farmers 

A survey of Queensland farmers has revealed about half had lost more than half their annual income due to drought and about 60 per cent had less than half their potential water supply. The post Impact of drought laid bare in survey of Qld farmers  appeared first on Beef Central. Source: Beef Central Impact… Read more »

Australian and global Leucaena experts set to gather for conference

The increasing use of the tree legume Leucaena in northern Australia’s beef production systems will be showcased next week when the 2018 International Leucaena Conference is held in Queensland from 29 October to 3 November.   The post Australian and global Leucaena experts set to gather for conference appeared first on Beef Central. Source:… Read more »

Butchers go pink for breast cancer

Independent retail butchers across Australia have ‘gone pink’ for the month of October to raise awareness and funds for Breast Cancer Network Australia. The post Butchers go pink for breast cancer appeared first on Beef Central. Source: Beef Central Butchers go pink for breast cancer

Farm groups push for wider farm insurance coverage for future droughts

The Prime Minister is keen to hear ways farmers can be better prepared for future droughts, and farm groups say wider insurance coverage is an important step in preparing for the worst. Source: ABC Grain Farm groups push for wider farm insurance coverage for future droughts

XE Market Analysis: Asia – Oct 24, 2018

The Dollar index rallied to two-month highs of 96.53 in N.Y. on Wednesday, as safe-haven buying again stepped in as a result of another Wall Street sell-off. Flash U.S. PMIs were stronger, though were offset some by weak new home sales figures. EUR-USD bottomed at 1.1380, while USD-JPY was range bound in the lower 112’s…. Read more »

XE Market Analysis: North America – Oct 24, 2018

The Euro came under pressure following disappointing flash PMI estimates out of the Eurozone. EUR-USD declined by over 0.5% in posting a 1.1403, which is a two-month low. EUR-JPY fell by 0.5% on route to a six-week low, while EUR-CHF has pegged a two-week low at 1.1373. EUR-USD is now amid its fourth down week… Read more »