Month: December 2018

XE Market Analysis: North America – Dec 31, 2018

The Dollar has traded mixed in thin year-end conditions. Japan, mainland China and many European nations have been closed for holidays, while the London and Paris will be working a half day today. EUR-USD settled in the mid 1.1400s after earlier eking out a two-session low at 1.1421 amid a bout of Dollar firmness. USD-JPY… Read more »

XE Market Analysis: Europe – Dec 31, 2018

The Dollar has traded mostly modestly firmer in thin year-end conditions. Tokyo market have been closed today, with trading set to remain ultra thin until the new year gets underway in markets on Wednesday. EUR-USD eked out a two-session low at 1.1421, while USD-JPY has settled in the lower 110.00s, above the four-month low seen… Read more »

XE Market Analysis: Volatile Stock Markets Send Investors Seeking Safe Havens

OVERVIEW International stock markets took investors for a roller coaster ride this week, leaving analysts scratching their heads USD weaker against safe-haven currencies and Euro as US President continues to rail against Fed Sterling moving sideways as UK Parliament prepares for Brexit deal vote on January 14 HIGHLIGHT Source: XE news feed XE Market… Read more »

XE Market Analysis: Asia – Dec 28, 2018

A mixture of Dollar weakness and Yen and Swiss franc strength characterized the final day of thin Christmas week trading. USD-CHF was showing a near 1% decline at the lows before settling with a 0.5% decline, while USD-JPY also posted a net loss of more than 0.5%. EUR-USD settled to an oscillation of 1.1450 after… Read more »

XE Market Analysis: North America – Dec 28, 2018

Dollar weakness alongside Yen and Swiss Franc outperformance have remained the dominant theme in thin year-end forex markets, with the safe haven currencies ascending despite concurrent gains in most global stock and commodity markets. USD-JPY lost over 0.5% in posting a low of 110.23, returning focus on the four-month low seen earlier this week at… Read more »

XE Market Analysis: Europe – Dec 28, 2018

The Dollar has traded softer against most currencies so far today, posting a one-week low versus the Euro and a two-day low against the Yen. EUR-USD’s high is 1.1466, with focus set on the seven-week high seen last week at 1.1485, and USD-JPY’s low is 110.45, with focus set on the four-month low seen earlier… Read more »

Farmers grateful to make money from mutton

It is rare to see huge supply, high prices and strong demand in a drought year, especially when it comes to offloading older sheep. Source: ABC Livestock Farmers grateful to make money from mutton

XE Market Analysis: Asia – Dec 27, 2018

The Dollar has traded mixed as a risk-back-off theme coursed through thin year-end global markets. The biggest gainers out of the main currencies have been the Yen and Swiss Franc, while the biggest losers have been the Dollar bloc currencies. Oil prices and industrial commodity prices concurrently declined. The biggest movers were AUD-JPY and AUD-CHF,… Read more »

XE Market Analysis: North America – Dec 27, 2018

The Dollar and Yen have weakened moderately against most other currencies, though the Australian Dollar has been an exception, with the antipodean currency underperforming as risk appetite sourced once again following a weak industrial profit figure out of China. EUR-USD lifted to the 1.1400 level, putting in some distance from yesterday’s nine-day low at 1.1343…. Read more »

XE Market Analysis: Europe – Dec 27, 2018

The Dollar and Yen have weakened moderately against most other currencies, though the Australian Dollar has been an exception, with the antipodean currency underperforming following a weak industrial profit figure out of China. EUR-USD lifted to the 1.1380-90 area, putting in some distance from yesterday’s nine-day low at 1.1343. Cable recouped above 1.2650, remaining in… Read more »

XE Market Analysis: North America – Dec 24, 2018

The Dollar has trade modestly softer in low-volume and low-commitment trading, with many centres closed and those that have been open operating at skeletal staffing levels. EUR-USD has settled near 1.1400, up from the four-session low seen on Friday at 1.1356 while remaining comfortably below the six-week high seen earlier last week at 1.1485. USD-JPY… Read more »

XE Market Analysis: Europe – Dec 24, 2018

Narrow ranges have prevailed in low-volume markets. The Dollar consolidated at moderately softer levels after rallying on Friday, with all the main pairings holding comfortably within their respective Friday ranges. EUR-USD has settled in the upper 1.1300s, up from the four-session low seen on Friday at 1.1356, and USD-JPY has settled near the 111.0 mark…. Read more »

Bees dying in their boxes as erratic weather takes heavy toll

Bees are starving and hives have died following erratic weather patterns in South Australia that are being blamed for an 80 per cent fall in honey yield. Source: ABC Livestock Bees dying in their boxes as erratic weather takes heavy toll

Namoi seeks court’s help over Cargill cottonseed wrangle

Namoi Cotton has filed a pre-discovery application with the Federal Court of Australia in which it which seeks access to documents and accounting information from Cargill Australia Limited in respect of their joint venture oilseeds business. The post Namoi seeks court’s help over Cargill cottonseed wrangle appeared first on Grain Central. Source: Grain Central … Read more »

Italian farmers wage war on protected wolves

Slaughtered wolves are being strung up by their teeth and hung from road signs as farmers in Italy’s north wage a war against the protected animals. Source: ABC Livestock Italian farmers wage war on protected wolves

XE Market Analysis: Asia – Dec 21, 2018

The Dollar rallied in N.Y. on Friday. taking the DXY to 97.00, from 96.26 lows. USD short covering was a major driver, as many will be off work for much of next week, leaving liquidity at a premium. Today’s U.S. data was mixed, seeing Q3 GDP revised down a tenth to 3.4%, and Michigan sentiment… Read more »

XE Market Analysis: North America – Dec 21, 2018

The Dollar has traded moderately firmer, recouping some of the lost ground seen during the midweek, while a concurrent theme has been a broader correction in the Euro, which corrected after outperforming yesterday. EUR-USD ebbed to the lower 1.1400s, putting in a little distance from the six-week high printed yesterday at 1.1485. EUR-JPY and other… Read more »

XE Market Analysis: Europe – Dec 21, 2018

The Dollar majors have posted narrow ranges so far today, amid thin year-end volumes. Risk aversion has remained the dominant theme in equity markets in Asia following another negative closing on Wall Street on the familiar mix of the U.S. v China standoff and concerns about slowing global growth, although some Asian bourses, including Hong… Read more »

Vintage Beef Co explores new territory in branded cow meat

Beef harvested from older breeding animals has traditionally been consigned to lower-value muscle meat and trim markets, but a bold new brand program is looking to celebrate the unique qualities of beef from better-performing slaughter cows. Vintage Beef Co, developed by Victorian and Tasmanian processor HW Greenham & Sons is arguably the first in Australia… Read more »

Merry Christmas from Grain Central

The Grain Central, Beef Central and Sheep Central teams will be taking a short publishing break over the Christmas/New Year period. The post Merry Christmas from Grain Central appeared first on Grain Central. Source: Grain Central Merry Christmas from Grain Central

Merry Christmas from Beef Central

The Beef Central, Sheep Central and Grain Central teams will be taking a short publishing break over the Christmas/New Year period. The post Merry Christmas from Beef Central appeared first on Beef Central. Source: Beef Central Merry Christmas from Beef Central

Shearing legends to be inducted into Shear Outback Hall of Fame

LEGENDARY shearer David ‘Daffy’ Ryan wasn’t about chasing the ribbons and sashes a persistent shearer could win in competitions. “I was about getting out in the shed with your peers – that’s where the men are – that’s where everything is done day-in week-out.” The post Shearing legends to be inducted into Shear Outback Hall… Read more »

RIST shearer training to get re-vamp with ‘train and retain’ strategy

SHEARER trainer Trevor Bacon has returned home to western Victoria with plans to boost the ranks and skills of those who harvest the nation’s wool clip. The post RIST shearer training to get re-vamp with ‘train and retain’ strategy appeared first on Sheep Central. Source: Sheep Central RIST shearer training to get re-vamp with… Read more »

Merry Christmas, happy New Year and thank you from Sheep Central

THE Beef Central, Sheep Central and Grain Central teams will be taking a short publishing break over the Christmas/New Year period. The post Merry Christmas, happy New Year and thank you from Sheep Central appeared first on Sheep Central. Source: Sheep Central Merry Christmas, happy New Year and thank you from Sheep Central

Axéréal’s Boortmalt to buy Cargill’s global malt division

Cargill looks set to offload its global malt division, including its five Australian malting plants, to France-based cereal cooperative Axéréal, which already has a sizable presence in the European market with its malting arm, Boortmalt. The post Axéréal’s Boortmalt to buy Cargill’s global malt division appeared first on Grain Central. Source: Grain Central Axéréal’s… Read more »

Bought Cattle Baron? Here’s some short ‘how to play’ videos

We’re very pleased to be able to report that almost 2000 copies of Cattle Baron have now been sold and many will be played for the first time when they’re opened on Christmas Day.  On that note we’d like to bring readers’ attention to some videos we have created to help them to understand how… Read more »

XE Market Analysis: Asia – Dec 20, 2018

The Dollar rallied some in early N.Y. trade on Thursday, largely as short covering stepped in following the DXY’s move to one-month lows in Europe. U.S. government shutdown jitters, and another Wall Street swell-off later saw the Greenback retrace lower. Trump said he would not sign the latest continuing resolution, which would fund many government… Read more »

Drought-stricken farmers lop trees to feed their cattle

Farmers in the north-west of NSW are lopping hundreds of kurrajong trees in an effort to feed their cattle the trees’ leaves before the trees drop their leaves and reshoot. Source: ABC Livestock Drought-stricken farmers lop trees to feed their cattle

New ewe forums planned for eastern Australian states in New Year

NEW It’s Ewe Time! forums in Victoria, South Australia and New South Wales have been announced for early next year. The post New ewe forums planned for eastern Australian states in New Year appeared first on Sheep Central. Source: Sheep Central New ewe forums planned for eastern Australian states in New Year

UN nominates new days/year to mark food safety, pulses and plant health

The United Nations has moved to create two new international days and one entire year devoted to central issues in global food security and nutrition, proclaiming 2020 as the International Year of Plant Health, 10 February World Pulses Day and June 7 World Food Safety Day. The post UN nominates new days/year to mark food… Read more »

Brisbane company and director fined $120,000 over raw pork disease risk

A BRISBANE company and its director have been fined $120,000 over the transport and storage of imported uncooked pig meat, considered a serious Foot and Mouth Disease risk. The post Brisbane company and director fined $120,000 over raw pork disease risk appeared first on Sheep Central. Source: Sheep Central Brisbane company and director fined… Read more »

MV Jawan released from detention for repair voyage to Singapore

The Australian Maritime Safety Authority (AMSA) has released the livestock vessel MV Jawan from detention after the vessel completed a sea trial within the Port of Portland. The post MV Jawan released from detention for repair voyage to Singapore appeared first on Beef Central. Source: Beef Central MV Jawan released from detention for repair… Read more »

$120,000 fine for serious biosecurity breaches over imported meat

A Brisbane company and its director have been fined a total of $120,000 for biosecurity breaches associated with the transport and storage of imported uncooked meat during 2014 and 2015. The post $120,000 fine for serious biosecurity breaches over imported meat appeared first on Beef Central. Source: Beef Central 0,000 fine for serious biosecurity… Read more »

Take care this Christmas

Christmas is a great opportunity to enjoy a well-earned break with family and friends, but it’s also a time when preventable farm accidents often spike – with children and inexperienced visitors typically most at risk. The post Take care this Christmas appeared first on Beef Central. Source: Beef Central Take care this Christmas

XE Market Analysis: Europe – Dec 20, 2018

The Yen has outperformed amid a risk-off backdrop, with stock markets in Asia tumbling and S&P 500 futures showing losses of over 0.5%, building on the closing losses seen on Wall Street yesterday after the Fed refrained from signalling a pause in its tightening cycle. Oil prices are down over 2%, though remain above the… Read more »

Bright ideas transform bulk containers into practical innovations

Still looking for that elusive ‘perfect gift’ for Christmas? Maybe the opportunity is sitting right under your nose in the form of those empty plastic bulk chemical and fertiliser containers that are lying round the back of the farm shed. The post Bright ideas transform bulk containers into practical innovations appeared first on Beef Central. … Read more »

Compensatory gain plays role in strong 2018 feedlot cattle performance

Compensatory gain has been a considerable factor in unusually good – in some cases exceptional – feeding performance in cattle in Australian feedlots during 2018. The post Compensatory gain plays role in strong 2018 feedlot cattle performance appeared first on Beef Central. Source: Beef Central Compensatory gain plays role in strong 2018 feedlot cattle… Read more »

Crean slams Littleproud over live export heat stress model implications

DRAFT heat stress assessment proposals for live sheep exports will end the trade, risk cattle shipments and have implications for onshore livestock production if adopted, Australia’s Minister for Agriculture David Littleproud has been told today. The post Crean slams Littleproud over live export heat stress model implications appeared first on Sheep Central. Source: Sheep… Read more »

McDonald's introduces new beef policy

The fast food giant has introduced a policy that acknowledges the global health threat of antibiotic resistance, with the aim of reducing their intake of antimicrobial processed beef worldwide by the end of 2020. Source: ABC Livestock McDonald’s introduces new beef policy

Live exporters and Minister war over welfare progress

The Federal Government has accused the Australian Livestock Exporters’ Council of dragging the chain on critical welfare improvements, claims the body vehemently rejects while raising concerns that recommendations the Government is considering threaten to regulate the sheep and cattle export trades out of existence. The post Live exporters and Minister war over welfare progress appeared… Read more »

Dozens of birds found dead after 'falling out of the sky'

Testing for toxins is underway after a large number of galahs and other birds are found “literally face down on the ground” in South Australia’s Lower Lakes region. Source: ABC Livestock Dozens of birds found dead after ‘falling out of the sky’

Seasonal climate outlook Jan-Mar 2019

Rainfall from January to March is likely to be below average for Western Australia, parts of the Northern Territory and eastern mainland Australia, with warmer than average days and nights also likely, according to BOM’s latest three monthly outlook released today. The post Seasonal climate outlook Jan-Mar 2019 appeared first on Sheep Central. Source:… Read more »

State of the Climate 2018: Bureau of Meteorology and CSIRO

The Australian Bureau of Meteorology and CSIRO have today released their fifth biennial State of the Climate report. The post State of the Climate 2018: Bureau of Meteorology and CSIRO appeared first on Beef Central. Source: Beef Central State of the Climate 2018: Bureau of Meteorology and CSIRO

XE Market Analysis: Asia – Dec 19, 2018

The Dollar remained under pressure ahead of the FOMC announcement, taking the DXY to eight session lows of 96.56 early in the session. Traders pared long USD positions, and in some cases gone short on expectations the Fed will raise rates today, but signal a pause in tightening going forward. The USD perked up slightly… Read more »

Dalby end of year special feeder and store sale

A large crowd competed on a rain affected yarding of 1262 cattle on Wednesday for the end of year special feeder and store sale at Dalby. The post Dalby end of year special feeder and store sale appeared first on Beef Central. Source: Beef Central Dalby end of year special feeder and store sale

XE Market Analysis: North America – Dec 19, 2018

The Dollar remained on a softening tack, printing fresh lows against some currencies, including both the Yen and the Euro, the latter of which has been the chief beneficiary of the softer U.S. currency. EUR-USD edged out a fresh nine-day high of 1.1414, which surpasses yesterday’s peak by 13 pips. EUR-JPY, EUR-GBP and EUR-CHF, among… Read more »

New CEO appointed for Beef 2021 in Rockhampton

Beef Australia has appointed Rockhampton businessman Ian Mill as the organisation’s new chief executive officer, as the national beef expo starts preparations and planning for the next event in May 2021. The post New CEO appointed for Beef 2021 in Rockhampton appeared first on Beef Central. Source: Beef Central New CEO appointed for Beef… Read more »

XE Market Analysis: Europe – Dec 19, 2018

The Dollar has traded softer so far today as markets anticipate a “dovish hike” from the Fed today, being a 25 bp tightening complemented by a signal that policy is going neutral. There has been some speculation that the Fed might even refrain from hiking, though we are doubtful this will happen. Stock markets in… Read more »

WA’s Harvest Road to spend $50m on large scale ‘free-range’ intensive feeding model

Twiggy Forrest’s Harvest Road beef supply chain in WA plans to spend up to $50 million developing a large-scale integrated backgrounding and intensive grainfeeding business, designed to even-out seasonal cattle supply to the company’s Harvey Beef processing plant in the state’s southwest. The post WA’s Harvest Road to spend $50m on large scale ‘free-range’ intensive… Read more »

Beef import debate heats up

The question of whether Australia should allow beef imports from other countries, pitting the need to maintain vital market access against the risk of exposing the industry to a devastating biosecurity incursion, has always generated fierce debate in the Australian beef industry. The post Beef import debate heats up appeared first on Beef Central. … Read more »

TFI urges EID uptake in sheep and goats for traceability and market access

MAJOR meat processor Thomas Foods International is encouraging lamb suppliers to consider voluntary electronic identification of sheep and goats nationally for biosecurity, traceability and market access benefits. The post TFI urges EID uptake in sheep and goats for traceability and market access appeared first on Sheep Central. Source: Sheep Central TFI urges EID uptake… Read more »

Sheep and wool operations fare best in ABARES drought impact report

AVERAGE farm business profits in Australia’s sheep industry are expected to be positive in 2018-19, compared with negative results for the beef, grains, and dairy industries. The post Sheep and wool operations fare best in ABARES drought impact report appeared first on Sheep Central. Source: Sheep Central Sheep and wool operations fare best in… Read more »

How to be a successful sheepdog trainer — from the man who knows best

Now 83, Malcolm Taylor misses the good old days when he was training sheepdogs, which is hardly surprising given that he won almost every title in Australia. Source: ABC Livestock How to be a successful sheepdog trainer — from the man who knows best

How a cow from Gympie came to be crowned 'Miss World'

Miss Philippines may have won the title of Miss Universe 2018, but the latest winner of Miss World is the Australian entrant — an Australian cow that is. Source: ABC Livestock How a cow from Gympie came to be crowned ‘Miss World’

Wellard finalises note redemptions and $13m in asset sales

RECENT sales of non-core abattoir and pre-export assets are set to generate about $13 million for listed live export company Wellard Limited. The post Wellard finalises note redemptions and $13m in asset sales appeared first on Sheep Central. Source: Sheep Central Wellard finalises note redemptions and m in asset sales

Wildlife rescuer forges incredible 'friendship' with magpie

Magpies can have a bad reputation at times, and would be considered an unlikely pet by many, but one wildlife rescuer has forged a friendship with a baby magpie after nursing it back to health. Source: ABC Livestock Wildlife rescuer forges incredible ‘friendship’ with magpie

GrainCorp awaits revised takeover proposal

GrainCorp is waiting on potential buyer, Long-Term Asset Partners (LTAP), to come up with a “more certain” takeover proposal before it makes any recommendations to its shareholders. The post GrainCorp awaits revised takeover proposal appeared first on Grain Central. Source: Grain Central GrainCorp awaits revised takeover proposal

WA sheep producers maximise 2018 lamb marking despite difficult season

WESTERN Australia’s lamb production could have reduced by between 4-7 percent this year, a statewide survey has indicated. The post WA sheep producers maximise 2018 lamb marking despite difficult season appeared first on Sheep Central. Source: Sheep Central WA sheep producers maximise 2018 lamb marking despite difficult season

Queenslanders can now harvest wild crocodile eggs

Queensland crocodile farmers can now apply for a licence to hunt and gather eggs in the wild to hatch for luxury goods, under changes quietly introduced by the State Government. Source: ABC Livestock Queenslanders can now harvest wild crocodile eggs

Live export cattle prices end year on a high

The price for feeder steers heading to Indonesia jumps to $3.25 a kilogram, giving northern cattle producers a boost before Christmas. Source: ABC Livestock Live export cattle prices end year on a high

XE Market Analysis: Asia – Dec 18, 2018

The Dollar recovered some in N.Y. trade on Tuesday, taking the DXY to 97.16 from seven-session lows of 96.72 seen into the open. USD short covering ahead of the FOMC announcement on Wednesday was a driver, though the market appears to be ready for a dovish statement from the Fed after it likely raises rates… Read more »

Levy on chemical and container recycling extended

The Australian Competition and Consumer Commission (ACCC) has authorised AgStewardship to continue collecting a levy on the sale of agricultural and veterinary chemicals, to fund programs for the safe disposal and recycling of the containers and unused chemicals. The post Levy on chemical and container recycling extended appeared first on Grain Central. Source: Grain… Read more »

Wellard generates $13.5m from asset sales

Livestock vessel charterer and exporter Wellard Limited says it has generated approximately $13 million worth of cash flow for its business after reaching agreements to sell non-core WA-located assets including an abattoir, feed mill and pre-export quarantine depot. The post Wellard generates $13.5m from asset sales appeared first on Beef Central. Source: Beef Central … Read more »

Property: Legune Station sale paves way for massive aquaculture project

One of the world’s largest integrated land-based prawn farms is a step closer to construction following the completion of a novation of an option to acquire the surrounding 280,000ha cattle property in the Northern Territory. The post Property: Legune Station sale paves way for massive aquaculture project appeared first on Beef Central. Source: Beef… Read more »

Weekly rainfall wrap + rain outlook, 19 Dec 2018

A complex area of low pressure developed over Victoria, and brought moderate to locally heavy falls the southeast, while Tropical cyclone Owen brought heavy falls to the northern tropics and east coast of Queensland. The post Weekly rainfall wrap + rain outlook, 19 Dec 2018 appeared first on Beef Central. Source: Beef Central Weekly rainfall… Read more »

MLA cattle market review 2018

MLA’s market intelligence team looks back on market trends in 2018 and to the year ahead. The post MLA cattle market review 2018 appeared first on Beef Central. Source: Beef Central MLA cattle market review 2018

XE Market Analysis: North America – Dec 18, 2018

The Dollar came under broad pressure during the London AM session. Market narratives are talking about position trimming into the Fed’s expected rate hike, which is also widely expected to be accompanied with dovish-leaning guidance. This view appears to have helped stock markets find some stability following the hefty losses Wall Street saw yesterday. S&P… Read more »

XE Market Analysis: Europe – Dec 18, 2018

The Yen has been buoyed amid a risk aversion theme in global markets after Wall Street closed with 2%-plus declines yesterday and with Asian equity markets also taking a tumble today. USD-JPY posted an eight-day low of 112.47. Yen crosses also saw a similar price action, with the high beta AUD-JPY cross coming within 10… Read more »

Over 600,000 pigs culled as African Swine Fever sweeps through China

Authorities scramble to stem the spread of the deadly virus, which has already affected 22 provinces in a country that is home to more than half of the world’s pig population. Source: ABC Livestock Over 600,000 pigs culled as African Swine Fever sweeps through China

Losses ease to $125/head in latest grainfed trading budget

Easing feedgrain prices and a stronger forward-price market for finished grainfed cattle have improved the outcome somewhat in Beef Central’s latest 100-day grainfed trading budget calculated this morning. The post Losses ease to $125/head in latest grainfed trading budget appeared first on Beef Central. Source: Beef Central Losses ease to 5/head in latest grainfed… Read more »

Inverell police seek information on stolen Guyra sheep

NEW South Wales rural crime investigators are investigating the disappearance of 75 Merino ewes and wethers from a property on the Reedy Creek Road, Guyra. The post Inverell police seek information on stolen Guyra sheep appeared first on Sheep Central. Source: Sheep Central Inverell police seek information on stolen Guyra sheep

When cars and cattle collide, who is responsible?

In New Zealand last month a farming couple was fined $273,000 after a truck crashed into their cattle on a busy road. What does the law say in Australia? The post When cars and cattle collide, who is responsible? appeared first on Beef Central. Source: Beef Central When cars and cattle collide, who is… Read more »

Townsville cattle exports head north

2018 has been a busy live export year in Townsville, with the port sending a first consignment of slaughter cattle to China in January, and exporting almost 50,000 cattle during the month of October alone. The post Townsville cattle exports head north appeared first on Beef Central. Source: Beef Central Townsville cattle exports head… Read more »

Conservation ag group forced into liquidation

Conservation Farmers Inc (CFI), which has driven the adoption of no-till farming practices over the past 40 years in the northern farming regions of Queensland and northern New South Wales, is to be wound up. The post Conservation ag group forced into liquidation appeared first on Grain Central. Source: Grain Central Conservation ag group… Read more »

XE Market Analysis: Asia – Dec 17, 2018

The Dollar headed lower overnight, taking the DXY 97.06 lows from overnight highs of 97.46, and from 18-month highs of 97.71 seen on Friday. Incoming U.S. data included a sharp drop in the Empire State index, and a softer NAHB housing index, which put some downward pressure on the Greenback. Wall Street imploded again, leaving… Read more »

South African family buys second cattle station in NT's Roper Valley

A Sydney-based South African family buys a second cattle station in the Northern Territory, with the purchase of Big River Station last week. Source: ABC Livestock South African family buys second cattle station in NT’s Roper Valley

Aussie sheep pain relief formulation approved for human trials

A SHEEP pain relief product developed in Australia has been approved for clinical trials for human use in the United Kingdom. The post Aussie sheep pain relief formulation approved for human trials appeared first on Sheep Central. Source: Sheep Central Aussie sheep pain relief formulation approved for human trials

Xe Market Analysis: Pound Struggles as UK Gov Rules Out Second Brexit Referendum

OVERVIEW The Pound remains weak as the can is kicked down the road once again on “meaningful vote.” US Dollar yields ground ahead of FED Interest rate Announcement. The Loonie dips on concerns over global growth. The Croatian Central Bank intervenes to stop the Kuna appreciating. HIGHLIGHT Source: XE news feed Xe Market Analysis: Pound Struggles… Read more »

Agribusiness: Merck buys Allflex parent company Antelliq for $A4.8b

Global animal health company Merck has bought Antelliq, the parent company of animal identification and monitoring systems manufacturer Allflex, in a deal worth about $3.2 billion Euros, or A$4.8 billion.   The post Agribusiness: Merck buys Allflex parent company Antelliq for $A4.8b appeared first on Beef Central. Source: Beef Central Agribusiness: Merck buys Allflex… Read more »

Wagga sale 17 Dec 2018: Market rises on heavy rain

Secondary cattle prices gained momentum at Wagga posting back-to-back price increases after torrential rain late last week. Agents yarded 2490 cattle, 1800 less than the previous market owing to the Christmas holiday break. The post Wagga sale 17 Dec 2018: Market rises on heavy rain appeared first on Beef Central. Source: Beef Central Wagga… Read more »

XE Market Analysis: North America – Dec 17, 2018

The Dollar has come under moderate pressure, with the currency retracing some of the gains posted on Friday. EUR-USD nudged moderately higher to around the 1.1340 mark, putting a little space in from the intraday low seen in Asia at 1.1299. The move reflected part Euro firmness, despite data showing a narrowing in the Eurozone… Read more »

XE Market Analysis: Europe – Dec 17, 2018

Narrow ranges have prevailed in early-week trading so far. EUR-USD has seen no more than a 20-pip range, defined by 1.1299 and 1.1318, above Friday’s three-week low at 1.1270, which was printed amid broad demand for the Dollar following net-positive U.S. data. USD-JPY drifted modestly high in making an intraday peak at 113.52. Both pairings… Read more »

Collapse in cattle hides value leads to reports of dumping

Cattle hide prices in Australia and around the world have continued to slide badly during 2018 – in some categories falling below the last major market slump experienced during the Global Financial Crisis in 2009. Reports of hides being dumped as landfill rather than sold into the tanning market have emerged in recent weeks, in… Read more »

Rains revive ailing eastern summer crops

An intense rain front that produced falls of between 50 and 150 millimetres – and in some cases upwards of 300mm – on Queensland’s Darling Downs over the weekend has saved this season’s sorghum crop. The post Rains revive ailing eastern summer crops appeared first on Grain Central. Source: Grain Central Rains revive ailing… Read more »

AWI and MLA agree on Merino Lifetime Productivity data analysis terms

AUSTRALIAN Wool Innovation and Meat & Livestock Australia have agreed on the terms to allow analysis of Merino Lifetime Productivity Project data for inclusion in the national genetic benchmarking service MERINOSELECT. The post AWI and MLA agree on Merino Lifetime Productivity data analysis terms appeared first on Sheep Central. Source: Sheep Central AWI and… Read more »

Feedgrain Focus: Sorghum price softens ahead of rain

Last week’s forecasts for general rain across all sorghum-growing areas in Queensland and NSW has softened the market for the summer cereal by around $10/tonne in the past week, while in the south, volume traded has been minimal as growers continue to focus on getting their crops harvested and stored. The post Feedgrain Focus: Sorghum… Read more »

WoolProducers offers Foot and Mouth Disease training course positions

SHEEP and wool industry people are being urged to nominate for two fully-funded Foot and Mouth Disease training courses in Nepal in March next year. The post WoolProducers offers Foot and Mouth Disease training course positions appeared first on Sheep Central. Source: Sheep Central WoolProducers offers Foot and Mouth Disease training course positions

Old beef classic tops Google food searches in 2018

Google has released a list of the most popular searches in 2018, and when it comes to food in Australia, an old beef classic has topped the list. The post Old beef classic tops Google food searches in 2018 appeared first on Beef Central. Source: Beef Central Old beef classic tops Google food searches… Read more »

Littleproud demands live sheep export heat stress technology timeline

LIVE sheep exporters came under increased pressure from Minister for Agriculture David Littleproud today, as he demanded a timeline this week for the installation of new technology to ease heat stress. The post Littleproud demands live sheep export heat stress technology timeline appeared first on Sheep Central. Source: Sheep Central Littleproud demands live sheep… Read more »

Meat processor reports $7m loss

The Northern Co-operative Meat Company cites the drought, a beef ban by China and the global hide crisis as key factors in its loss last financial year. Source: ABC Livestock Meat processor reports m loss

Reduced AuctionsPlus sheep and lamb offering sells well online

MERINO ewes sold to $232, first cross ewes made to $237 and Merino wether lambs to $121 as buyers bid for a reduced AuctionsPlus offering last week. The post Reduced AuctionsPlus sheep and lamb offering sells well online appeared first on Sheep Central. Source: Sheep Central Reduced AuctionsPlus sheep and lamb offering sells well… Read more »

Victorian farmers urged to clean debris from farm dams

VICTORIAN farmers are being encouraged to remove any debris from water supplies as soon as possible following wide-spread rainfall across the state. The post Victorian farmers urged to clean debris from farm dams appeared first on Sheep Central. Source: Sheep Central Victorian farmers urged to clean debris from farm dams

Online AuctionsPlus Wool bale sales quiet last week

WOOL sales were quiet on the online platform AuctionsPlus Wool last week, with 21 bales changing hands. The post Online AuctionsPlus Wool bale sales quiet last week appeared first on Sheep Central. Source: Sheep Central Online AuctionsPlus Wool bale sales quiet last week