Month: January 2019

XE Market Analysis: North America – Jan 31, 2019

The Dollar steadied during the London interbank AM session after dropping sharply in the wake of the Fed’s shift-to-neutral policy signal yesterday. The U.S. currency saw fresh lows against most currencies, though the pace of declines moderated compared to the losses seen in the initial wake of the Fed’s communication yesterday. EUR-USD printed a fresh… Read more »

More than 1,000 cattle expected to die on Pilbara property

It is expected more than 1,000 cattle from Yandeyarra will perish, following a ‘catastrophic failure of management’ in harsh summer conditions. Source: ABC Livestock More than 1,000 cattle expected to die on Pilbara property

XE Market Analysis: Europe – Jan 31, 2019

The Dollar is trading at a lower band versus most currencies after the Fed turned decidedly neutral yesterday. The USD index (DXH9) dove nearly 1% in printing a three-week low, with EUR-USD concurrently rallying by a similar magnitude in posting a three-week high at 1.1508. USD-JPY fell to a two-week low at 108.69, while Cable… Read more »

Decline in feeder prices improves grainfed trading budget result

A softer feeder cattle market since early January has contributed to an improved – albeit still loss-making – result in Beef Central’s latest 100-day grainfed trading budget calculated this morning. In our first monthly projection for 2019, our standard set of variables has produced a negative $81 result on a typical 450kg flatback feeder steer… Read more »

Headwinds ahead for Australian agriculture: Rabobank

Low rainfall expectations and global price pressures will be among the challenges facing the Australian grain industry in 2019, according to Rabobank’s Agribusiness Outlook 2019 report. The post Headwinds ahead for Australian agriculture: Rabobank appeared first on Grain Central. Source: Grain Central Headwinds ahead for Australian agriculture: Rabobank

Chris Howie’s southern market wrap: Weaner sales better than expected

Former Elders national livestock manager Chris Howie offers his take on southern livestock market trends in January, drawing from both his own observations and from a wide network of producers, agents, processors, industry associates and leaders developed during his previous roles. The post Chris Howie’s southern market wrap: Weaner sales better than expected appeared first… Read more »

Recruitment: Stoking the ‘passion fire’ within your business

Taking deliberate steps toward keeping employees passionate and engaged is like preventative healthcare for your business. When employees are passionate about when they do, it can be infectious; however, disengagement can also spread like a disease, affecting those around them. The post Recruitment: Stoking the ‘passion fire’ within your business appeared first on Beef Central. … Read more »

XE Market Analysis: Asia – Jan 30, 2019

The dollar slid lower after the FOMC announcement, where no changes to rates were made, as-expected. The statement removed reference to further gradual rate increases, and said the Fed was prepared to adjust balance sheet normalization, both of which weighed on the Greenback. EUR-USD popped over 1.1495, a nearly three-week high from 1.1515, while USD-JPY… Read more »

Employing farm labour – what you should know

Proper planning, careful documentation, knowing your obligations and complying with them are the keys to successfully employing farm labour, according to Pacer Legal director Stephen Park. The post Employing farm labour – what you should know appeared first on Grain Central. Source: Grain Central Employing farm labour – what you should know

XE Market Analysis: Sterling Rises Higher as PM May Hopes to Win Over EU Leaders

OVERVIEW British PM Theresa May to head to Brussels to press EU leaders on Brexit separation deal amendments. Hope springs eternal that no-deal Brexit remains unlikely.   There are better-than-expected job gains and expectations the Fed will leave interest rates alone out of their meetings this week. These sentiments are lifting the greenback in today’s trading. … Read more »

XE Market Analysis: Sterling Rises Higher as UK Parliament Vows to Amend Brexit Agreement

OVERVIEW British PM Theresa May to head to Brussels to press EU leaders on Brexit separation deal amendments. Hope springs eternal that no-deal Brexit remains unlikely.   There are better-than-expected job gains and expectations the Fed will leave interest rates alone out of their meetings this week. These sentiments are lifting the greenback in today’s trading. … Read more »

Dalby Sale 30 Jan 2019: firm to dearer market

Prices improved for a number of classes with cows, heavy grown steers and bullocks receiving the largest gains. The post Dalby Sale 30 Jan 2019: firm to dearer market appeared first on Beef Central. Source: Beef Central Dalby Sale 30 Jan 2019: firm to dearer market

Recall notice issued for Kawasaki 700cc side-by-sides

The Australian Competition and Consumer Commission has issued an Australia-wide recall notice for Kawasaki Mule Pro-MX 700cc side-by-side vehicles purchased between 1 July 2018 and 24 January 2019. The post Recall notice issued for Kawasaki 700cc side-by-sides appeared first on Beef Central. Source: Beef Central Recall notice issued for Kawasaki 700cc side-by-sides

Online drought map and farm assistance hub launched

A new online resource launched today brings together information on drought support available for individual farmers. The post Online drought map and farm assistance hub launched appeared first on Beef Central. Source: Beef Central Online drought map and farm assistance hub launched

XE Market Analysis: North America – Jan 30, 2019

The Dollar has traded near net flat versus the Euro and Yen, while losing modest ground to the Pound, which managed to recoup some of the Brexit-related losses seen during the NY PM session yesterday, and the Australian Dollar, which has been the day’s outperformer. The antipodean currency benefited from perkier than expected Q4 CPI,… Read more »

XE Market Analysis: Europe – Jan 30, 2019

The Dollar majors have been plying narrow ranges for the most part, with Sterling consolidating after dropping by about 1% versus the Dollar following the UK Parliament’s Brexit votes late yesterday. USD-JPY has traded within a 25 pip range so far today, in the low-to-mid 109.0s. Most Yen crosses have been similarly directionally challenged, though… Read more »

Weekly kill: Grid prices stabilise after earlier falls

After a sequence of downward grid price movements over the past three weeks as large numbers of drought impacted cattle hit the market following the Christmas break, direct consignment offers from processors have largely stabilised this week. The post Weekly kill: Grid prices stabilise after earlier falls appeared first on Beef Central. Source: Beef… Read more »

Nervous wait for rain after eight dry summers

Cattle producers in Queensland’s Central West, now entering their eighth successive year of drought conditions, are waiting with ‘nervous anticipation’ today to see if one of the more positive rainfall forecasts for their region in recent times delivers desperately-needed relief. The post Nervous wait for rain after eight dry summers appeared first on Beef Central. … Read more »

Call for analysis of VIC sheep EID system before national roll-out decision

SHEEP Producers Australia has proposed an independent analysis of Victoria’s mandatory electronic ear tag identification system for sheep and goats prior to consideration of its national roll-out. The post Call for analysis of VIC sheep EID system before national roll-out decision appeared first on Sheep Central. Source: Sheep Central Call for analysis of VIC… Read more »

Mining charity to fund $2 million tri-state camel cull

A land management group backed by the BHP Billiton Foundation will fund a $2 million feral camel culling program on Aboriginal land in Central Australia. Source: ABC Livestock Mining charity to fund million tri-state camel cull

Adelaide to host 2019 Wagyu conference in May

Australian Agricultural Co managing director Hugh Killen will be keynote speaker at the Australian Wagyu Association’s 2019 annual conference, this year being held in Adelaide on 8-10 May. The post Adelaide to host 2019 Wagyu conference in May appeared first on Beef Central. Source: Beef Central Adelaide to host 2019 Wagyu conference in May

XE Market Analysis: Asia – Jan 29, 2019

The Dollar was quite steady through the N.Y. session on Tuesday, ticking down slightly after a much weaker U.S. consumer confidence print, though holding its own over all. EUR-USD dipped to 1.1411 from 1.1445 into the open, while USD-JPY peaked at 109.54 early, before slipping to 109.28 lows. USD-CAD bottomed at 1.3242, then drifted up… Read more »

Getting people ‘right’ the real key to farm profit

When it comes to success on-farm, agribusiness consultant Ken Solly has some simple advice: ‘get the people right and production and profit will follow’. The post Getting people ‘right’ the real key to farm profit appeared first on Grain Central. Source: Grain Central Getting people ‘right’ the real key to farm profit

Weekly rainfall wrap + rain outlook, 30 Jan 2019

The monsoon trough enhanced convective activity over the northern tropics during the week, with heavy falls recorded on Queensland’s north tropical coast. Tropical cyclone Riley developed off the Kimberley coast in Western Australia and brought moderate falls to the Pilbara. The post Weekly rainfall wrap + rain outlook, 30 Jan 2019 appeared first on Beef Central. … Read more »

XE Market Analysis: Sterling Wears the Crown for Best Performing G-10 Currency

OVERVIEW The US Dollar Index halts a three-day freefall ahead of FOMC announcement  GBP/USD oscillates around the mid-point of 1.31 as MPs gather to debate Brexit Plan B before tonight’s critical vote NYMEX WTI Crude is up 2.40% after the Trump administration imposes sanctions on Venezuela HIGHLIGHT Source: XE news feed XE Market Analysis:… Read more »

Pilbara cattle deaths investigated

Officers from Western Australia’s Department of Primary Industries and Regional Development (DPIRD) are investigating the deaths of more than 500 cattle on a Pilbara cattle station. The post Pilbara cattle deaths investigated appeared first on Beef Central. Source: Beef Central Pilbara cattle deaths investigated

Roma store sale 29 Jan 2019: Quality mixed in 6200 head yarding

The yarding was dominated by steers and heifers and quality was again mixed. Better quality lines continued to sell to strong demand. The post Roma store sale 29 Jan 2019: Quality mixed in 6200 head yarding appeared first on Beef Central. Source: Beef Central Roma store sale 29 Jan 2019: Quality mixed in 6200… Read more »

XE Market Analysis: North America – Jan 29, 2019

The Dollar majors have seen little net direction, with forex markets in an noncommittal state ahead of U.S.-China trade talks, due today and tomorrow, which carries potential to directionally impact global markets. EUR-USD corrected out of a two-week high at 1.1450, which extended the rebound from last week’s six-week low at 1.1289. Most Euro crosses… Read more »

XE Market Analysis: Europe – Jan 29, 2019

The Dollar has traded softer versus the Euro and Yen, while holding near net unchanged levels versus Sterling and the Dollar bloc currencies. EUR-USD to a two-week low at 1.1443, extending the rebound from last week’s six-week low at 1.1289. Most Euro crosses are also up, with EUR-CHF carving out a six-week high, and EUR-GBP… Read more »

Farmers' co-op 'the best thing that's happened to our business'

Fishers and farmers are finding common ground through a coaching program that allows young producers to collectively develop their business skills and knowledge. Source: ABC Livestock Farmers’ co-op ‘the best thing that’s happened to our business’

Industry projections: Cattle herd, beef production buckle under drought pressure

Drought has bitten another huge chunk out of Australia’s beef production capacity, with the national cattle herd this year expected to sink to a size not seen since the mid-1990s. MLA’s 2019 cattle industry projections released today anticipates that the national beef herd will decrease to 26.2 million head by mid-year – a further 3.8pc… Read more »

Industry projections: Cattle on feed numbers to decline 10pc from record levels

Cattle numbers on feed could drop about 10 percent to around one million head this year from the record levels reached in 2018, MLA’s 2019 beef industry projections released today suggests. The post Industry projections: Cattle on feed numbers to decline 10pc from record levels appeared first on Beef Central. Source: Beef Central Industry… Read more »

Cattle exports to fall below 1 million head again in 2019

Australian live cattle exports are forecast to decline in 2019 to 950,000 head, as a contraction in the northern herd limits the availability of cattle suitable for export. The post Cattle exports to fall below 1 million head again in 2019 appeared first on Beef Central. Source: Beef Central Cattle exports to fall below… Read more »

AWI to come under pressure to fight PETA’s anti-wool campaigns

AUSTRALIAN Wool Innovation will be urged to defend the wool industry against the latest campaign by the animal rights group People for the Ethical Treatment of Animals. The post AWI to come under pressure to fight PETA’s anti-wool campaigns appeared first on Sheep Central. Source: Sheep Central AWI to come under pressure to fight… Read more »

Australian sheep industry ambassadors wanted

YOUNG Australian sheep men and women are being urged to apply for the Sheep Industry Ambassador award and potentially win a study tour of New Zealand. The post Australian sheep industry ambassadors wanted appeared first on Sheep Central. Source: Sheep Central Australian sheep industry ambassadors wanted

Crash claims life of former Qld grain leader

Former Queensland AgForce Grains president and third-generation Darling Downs grain grower, Lyndon Pfeffer, died on Friday evening from injuries he received in a two-truck collision on December 27 on the Gore Highway not far from his family farm at Pampas. The post Crash claims life of former Qld grain leader appeared first on Grain Central. … Read more »

Drover-turned-businessman says 'take every opportunity'

Roger Fletcher catapulted himself to success, forming one of the country’s most successful agribusinesses, which now exports grain, fibre and meat globally from its family-run headquarters in central NSW. Source: ABC Livestock Drover-turned-businessman says ‘take every opportunity’

Early online wool sales indicate continued demand

SUSTAINED auction market demand for sound quality wool flowed through to online AuctionsPlus sales last week and continued today. The post Early online wool sales indicate continued demand appeared first on Sheep Central. Source: Sheep Central Early online wool sales indicate continued demand

Hot and dry conditions hit AuctionsPlus sheep and lamb clearance rates

FEWER buyers were found for a reduced online offering of sheep and lambs on AuctionsPlus last week. AuctionsPlus offered 81,690 sheep and lambs last week, 3781 fewer, but the clearance rate dropped to 52 percent in the face of the continued hot and dry conditions. The post Hot and dry conditions hit AuctionsPlus sheep and… Read more »

Hamilton first cross ewes sell to $282 and Merinos make to $164

FIRST cross ewes sold to $282 and Merino ewes made to $164 at the annual Hamilton store ewe sale in Victoria last week. On January 24, the combined Hamilton agents offered about 4000 ewes and ewe lambs in the sale, which was described as solid, despite the season. A small line of 78 1.5 year-old… Read more »

Cow underpass secures dairy farm's future

After years of uncertainty about whether a motorway would close a historic NSW dairy farm, a cow underpass will now be built to secure the property’s future. Source: ABC Livestock Cow underpass secures dairy farm’s future

XE Market Analysis: Asia – Jan 28, 2019

After attempting to rally early in the N.Y. morning session on Monday, the Dollar pulled back. The DXY fell to two-week lows of 95.64 from early highs of 95.89. Risk-off conditions prevailed, sending U.S. yields and equities lower. EUR-USD ran up to 1.1446 highs, while USD-JPY dipped under 109.20. Cable was fairly steady over 1.3130,… Read more »

XE Market Analysis: Pound Stumbles Ahead of Critical Brexit Vote Tomorrow

OVERVIEW After its best week in fifteen months, the value of the GBP fell today in advance of tomorrow’s crucial Brexit separation plan Plan B vote in British Parliament. Now that the US government shut down is open (for three weeks for now), the dollar slipped slightly in advance of a two-day Fed policy meeting… Read more »

Recruitment: How to identify the future team leaders in your business

At the core of every successful agribusiness is a team of good leaders making good decisions. When you set out to identify future leaders to move your business forward, how do you know what to look for? The post Recruitment: How to identify the future team leaders in your business appeared first on Grain Central. … Read more »

Animal activists v private landowners: what does the law say?

What does the law say about publicising farm addresses like the Aussie Farms map, or airing footage that may have been obtained when trespassing on private property? The post Animal activists v private landowners: what does the law say? appeared first on Beef Central. Source: Beef Central Animal activists v private landowners: what does… Read more »

XE Market Analysis: North America – Jan 28, 2019

The Dollar majors have mostly seen little directional shift, though the Pound has seen moderate across-the-board weakness ahead of tomorrow’s Brexit crunch day in the UK’s Parliament. EUR-USD has been orbiting the 1.1400 level, printing a high in Asia at 1.1426 and a low in London at 1.1390. USD-JPY has settled around 109.30-50, failing to… Read more »

XE Market Analysis: Europe – Jan 28, 2019

Forex markets have been directionally limited in early week trading so far. The main theme has been modest Yen gains, which has been concurrent with a drop from highs in Asian equity markets, with some indexes turning negatives. S&P 500 futures have declined by 0.3%. The three-week hiatus in the partial government shutdown in the… Read more »

Rural achievers recognised in 2019 Australia Day awards

Several rural Australians with strong connections to the nation’s cattle, sheep and grain industries have been honoured in the the 2019 Australia Day awards. The post Rural achievers recognised in 2019 Australia Day awards appeared first on Sheep Central. Source: Sheep Central Rural achievers recognised in 2019 Australia Day awards

Steer categories easier in smaller 6644 head AuctionsPlus weekly offering

Most steer categories eased 10-20c/kg in value, while heifer prices were mixed on AuctionsPlus this week. The continuing drought conditions again exerted an effect on the market, where total cattle numbers dropped to 6644 head, a 27pc decline on the previous week. The post Steer categories easier in smaller 6644 head AuctionsPlus weekly offering appeared… Read more »

XE Market Analysis: Sterling Shines Near a Two-Month High on Brexit Optimism

OVERVIEW  The US dollar index remains steady near and hovers around a three-week high as shutdown persists  GBP climbs above the mid-point of 1.31 after DUP extends support to the Plan B of the Brexit separation agreement Source: XE news feed XE Market Analysis: Sterling Shines Near a Two-Month High on Brexit Optimism

XE Market Analysis: Asia – Jan 25, 2019

The Dollar came under broad pressure in N.Y. on Friday, seeing the DXY dive under the 96.00 mark to better than one-week lows. The Greenback lost ground to all the major currencies, with sellers stepping in in earnest at the N.Y. open. Drivers behind the move likely included the lack of progress on re-opening the… Read more »

XE Market Analysis: North America – Jan 25, 2019

The Dollar and Yen have traded softer against most currencies, while Euro outperformance has been a side theme, despite a disappointing German January Ifo report. EUR-USD recovered toward 1.1350, putting in some distance from the six-week low seen yesterday at 1.1289. We still expect a downward bias to prevail in EUR-USD given the backdrop Eurozone-slowing… Read more »

XE Market Analysis: Europe – Jan 25, 2019

Both the Dollar and Yen have weakened against most other currencies today, concomitantly with a rise in Asian stock markets and 0.5% gain in the S&P 500 equity index. EUR-USD recouped to the lower 1.1300s, putting in some distance from the six-week low seen yesterday at 1.1289. The U.S. currency also lost ground to the… Read more »

AWI schedules special meeting for March 15 after industry consultation

AUSTRALIAN Wool Innovation has confirmed it has scheduled an extraordinary general meeting on March 15 to consider resolutions based on key recommendations of the AWI review of performance and governance. The post AWI schedules special meeting for March 15 after industry consultation appeared first on Sheep Central. Source: Sheep Central AWI schedules special meeting… Read more »

Minister Littleproud joins chorus to revoke Aussie Farms’ charity status

MINISTER for Agriculture David Littleproud will write to the Charities Commission asking it to consider revoking the charity status of animal rights group Aussie Farms. The post Minister Littleproud joins chorus to revoke Aussie Farms’ charity status appeared first on Sheep Central. Source: Sheep Central Minister Littleproud joins chorus to revoke Aussie Farms’ charity… Read more »

Premiums for sound wool hold Australian auction market up

PREMIUMS for sound Australian wool of consistent length helped maintain benchmark price levels at auctions this week. The post Premiums for sound wool hold Australian auction market up appeared first on Sheep Central. Source: Sheep Central Premiums for sound wool hold Australian auction market up

Cobram police investigate theft of Suffolk cross lambs

COBRAM police are investigating the theft of more than 180 Suffolk-Merino cross lambs from a Tungamah property last month. The post Cobram police investigate theft of Suffolk cross lambs appeared first on Sheep Central. Source: Sheep Central Cobram police investigate theft of Suffolk cross lambs

Trade Minister urges EU to uphold WTO compliance in beef quota deals

Australia’s Trade Minister Simon Birmingham has told European Union officials during meetings in Brussels this week Australian beef exporters are ‘understandably concerned’ about potential changes to EU import quotas for beef. The post Trade Minister urges EU to uphold WTO compliance in beef quota deals appeared first on Beef Central. Source: Beef Central Trade… Read more »

Aussies rack up meat judging success in Denver

The Australian national meat judging team, currently in the US on a month-long study and competition tour of the North American meat industry, has finished third overall at the recent National Western Stock Show competition in Denver, Colorado. The post Aussies rack up meat judging success in Denver appeared first on Beef Central. Source:… Read more »

Feedgrain Focus: Barley dips as feedlots extend coverage

Sorghum crops which desperately needed rain two weeks ago will define the direction of feedgrain values in the north. Meanwhile the boats keep on coming, providing a lifeline for the coastal and inland consumer. The post Feedgrain Focus: Barley dips as feedlots extend coverage appeared first on Beef Central. Source: Beef Central Feedgrain Focus:… Read more »

37-year-old man charged with saleyard fraud offences

The NSW Rural Crime Prevention Team has charged a 37 year old Curlewis man with fraud related offences alleged to have been committed in relation to his activities at the Gunnedah Saleyards. The post 37-year-old man charged with saleyard fraud offences appeared first on Beef Central. Source: Beef Central 37-year-old man charged with saleyard… Read more »

GrainCorp venture buys into planned Vancouver terminal

GrainCorp’s joint venture with Japan’s Zen-Noh Grain Corporation, GrainsConnect Canada, has been announced as a partner in the Fraser Grain Terminal (FGT) at the Port of Vancouver in Canada. The post GrainCorp venture buys into planned Vancouver terminal appeared first on Grain Central. Source: Grain Central GrainCorp venture buys into planned Vancouver terminal

Opinion: Why a national strategy on climate change and agriculture is vital

Australia’s farming sector faces a pressing challenge to work proactively in 2019 to drive a national strategy on climate change and agriculture, writes Farmers for Climate Action chief executive officer Verity Morgan-Schmidt The post Opinion: Why a national strategy on climate change and agriculture is vital appeared first on Beef Central. Source: Beef Central Opinion:… Read more »

Water for struggling WA farmers cut to save town's supply

Agricultural water usage from state-owned water pipes are compromising drinking water supply to a regional WA town. Source: ABC Livestock Water for struggling WA farmers cut to save town’s supply

Forward wool markets stagnant in higher risk landscape

FORWARD wool markets were stagnant this week, with very little interest coming from the grower side. The post Forward wool markets stagnant in higher risk landscape appeared first on Sheep Central. Source: Sheep Central Forward wool markets stagnant in higher risk landscape

XE Market Analysis: Asia – Jan 24, 2019

The Dollar faded on fresh trade and shutdown worries early in the N.Y. session on Thursday, though later rallied higher, despite a mostly lower Wall Street. White House advisor Kudlow sounded upbeat on trade talks, countering Commerce Sec Ross’ earlier comment that the U.S. and China “miles and miles apart” on trade talks. EUR-USD fell… Read more »

XE Market Analysis: North America – Jan 24, 2019

The Dollar has posted advances against a wide variety of currencies, making between two- and three-week highs versus the Australian and Canadian Dollars, for instance, and pushing back into the upper 109.0s versus the Yen, swinging the 110.0 three-week peak seen yesterday back into range. Underperformance in the Euro and Australian Dollar have been side… Read more »

XE Market Analysis: Europe – Jan 24, 2019

The Dollar has been trading firmer in to the London interbank open. EUR-USD has ebbed back towards 1.1370 after yesterday’s upswing failed to clear 1.1400. USD-JPY has lifted to the 109.70 area, returning focus on yesterday’s 110.00 peak. Cable and AUD-USD have also ebbed back. Stock markets in Asia have mostly gained, S&P 500 futures… Read more »

Early pickings herald promising start to CQ cotton harvest

Cotton pickers are rolling through the first of this season’s crops in Central Queensland (CQ), bringing in promising yields from the big percentage of crops that were sown early this season. The post Early pickings herald promising start to CQ cotton harvest appeared first on Grain Central. Source: Grain Central Early pickings herald promising… Read more »

Tough market conditions blamed for meat wholesaler/retailer’s collapse

Tough trading conditions in a competitive wholesale/retail meat environment and the closure of Thomas Foods International’s Murray Bridge processing plant after fire last year have been blamed for a South Australian meat business going into voluntary administration. The post Tough market conditions blamed for meat wholesaler/retailer’s collapse appeared first on Beef Central. Source: Beef… Read more »

Labor seeks to build roadmap for red meat’s future

Relieving regulatory burdens, lifting international competitiveness and addressing labour shortage issues are among the key objectives canvassed in a Labor Party Red Meat Strategy discussion paper released yesterday. Processing sector representatives have welcomed the study. The post Labor seeks to build roadmap for red meat’s future appeared first on Beef Central. Source: Beef Central … Read more »

Deputy PM blasts activists behind Aussie Farm site: ‘You should be ashamed’

Australia’s deputy Prime Minister Michael McCormack has blasted animal rights activists behind the Aussie Farms website and ‘farm-shaming map’, saying they should be ashamed of themselves for demonising hard working Australian farmers to suit a vegan agenda, and increasing the risk of serious biosecurity incursions by encouraging trespass.  The post Deputy PM blasts activists behind… Read more »

From wool to meat sheep — risky, but it worked for this farming family

As drought and wild dogs have taken a hold on this area of western Queensland, some wool graziers have looked to take advantage of recent meat sheep prices. Source: ABC Livestock From wool to meat sheep — risky, but it worked for this farming family

XE Market Analysis: Asia – Jan 23, 2019

The Dollar fell in N.Y. trade on Wednesday, taking the DXY to lows of the week at 96.05 from opening highs of 96.37. Trade and shutdown worries conspired against the Greenback through much of the session. EUR-USD rallied to 1.1396 from near 1.1350, as USD-JPY fell back to 109.40 after printing 110.00 highs. USD-CAD moved… Read more »

Eyeing an ag career? Elders 2019 traineeships open

Twice a year Elders takes on 8 to 10 trainees to undertake 18 months of hands-on training at its branches around Australia, a unique career-building initiative that is opening career pathways to young people firmly set on a career in agribusiness. The post Eyeing an ag career? Elders 2019 traineeships open appeared first on Beef… Read more »

Livex: Heat Stress Risk Assessment consultation extended

The consultation period on the Heat Stress Risk Assessment draft report has been extended by one month to 1 March 2019. The post Livex: Heat Stress Risk Assessment consultation extended appeared first on Beef Central. Source: Beef Central Livex: Heat Stress Risk Assessment consultation extended

XE Market Analysis: North America – Jan 23, 2019

The Dollar has traded flat-to-softer while the Yen has been the day-to-far’s underperformer and the Pound the outperformer. EUR-USD remained rooted around the 1.1350 level, while USD-JPY printed a two-day high at 109.79, which is 9 pips shy of Monday’s peak. AUD-JPY and CAD-JPY both rose 0.5%, and NZD-JPY saw an even greater magnitude of… Read more »

Dalby Sale 23 Jan 2019: Market firms for 5009 head

A full panel of buyers was present and operating across all classes. Lightweight yearling steers suitable for restockers were well supplied and despite the dry seasonal outlook buyers were prepared to pay for quality and average prices improved. The post Dalby Sale 23 Jan 2019: Market firms for 5009 head appeared first on Beef Central. … Read more »

Tenderstretching finding favour among processors chasing eating quality

The industry-wide move from commodity to branded beef programs, and the financial incentive to optimise grading outcomes under Meat Standards Australia are driving renewed interest in the tenderstretch carcase hanging technique. The post Tenderstretching finding favour among processors chasing eating quality appeared first on Beef Central. Source: Beef Central Tenderstretching finding favour among processors… Read more »

Aussie Farms’ map — just shut them down or engage the ‘silent majority’?

HYSTERIA over the release of a map produced by animal activists showing the locations of Australian farms, feedlots and processors is not fully warranted, according to Victorian agricultural consultant Nathan Scott. The post Aussie Farms’ map — just shut them down or engage the ‘silent majority’? appeared first on Sheep Central. Source: Sheep Central … Read more »

Weekly rainfall wrap + rain outlook, 23 Jan 2019

Thunderstorms and showers produced moderate falls in northern Australia, while a surface trough and upper level disturbance led to thunderstorms and moderate rainfall over parts of eastern New South Wales. The post Weekly rainfall wrap + rain outlook, 23 Jan 2019 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + rain outlook, 23 Jan… Read more »

UPDATED: Court rules on US company bid to patent Aus cattle genome

In a decision with potentially concerning implications for future cattle industry research in Australia, the Federal Court has today ruled against Meat and Livestock Australia’s bid to block a US company from being granted a patent over genomic methods of identifying desirable traits of Australian cattle. The post UPDATED: Court rules on US company bid… Read more »

Keith Urban gives teen farmer guitar at drought-relief concert

The music star surprised concert-goers during an intimate performance, pulling a young drought-impacted sheep farmer onto the stage and giving her his electric guitar. Source: ABC Livestock Keith Urban gives teen farmer guitar at drought-relief concert

Competitor watch: Brazilian beef exports close out 2018 with record shipments

The Brazilian beef industry closed 2018 with record exports totalling 1.64 million tonnes, an 11 percent increase in volume compared to 2017, reflecting the resurgent state of the nation’s beef industry, despite recent regulatory, market access and logistical headwinds. The post Competitor watch: Brazilian beef exports close out 2018 with record shipments appeared first on… Read more »

Live sheep export heat stress assessment consultation extended

CONSULTATION on a draft report on heat stress risk assessment for live sheep exports from Australia has been extended by a month as producers lobby over the implementation of the report’s main recommendation. The post Live sheep export heat stress assessment consultation extended appeared first on Sheep Central. Source: Sheep Central Live sheep export… Read more »

XE Market Analysis: Asia – Jan 22, 2019

The dollar rallied early in the N.Y. session on Tuesday, though was batted down following weak U.S. housing data, and a sharp Wall Street sell off. Global growth concerns drove equities following softer China GDP and an IMF growth downgrade. EUR-USD bottomed at 1.1336 early on, before peaking at 1.1374. USD-JPY opened near 109.40, later… Read more »

XE Market Analysis: Commodity Currencies See Red as Global Sentiment Turns Negative.

OVERVIEW The US Dollar Index keeps apparent calm despite the prolonged government shutdown  The IMF downgrades its forecast for global economic growth, fuelling risk-off trades and equity markets selloffs NYMEX WTI Crude is under pressure, sinking down around 2.7%, and fails to move above a five-week high HIGHLIGHT Source: XE news feed XE Market… Read more »

Aussie Farms site: States urged to beef up trespass laws

Minister for Agriculture David Littleproud has called on state governments to review and beef up trespass laws following the Aussie farms personal address scandal. The post Aussie Farms site: States urged to beef up trespass laws appeared first on Beef Central. Source: Beef Central Aussie Farms site: States urged to beef up trespass laws

Roma store sale 15 Jan 2019: Rates ease in 6200 hd yarding

Overall prices fell when compared to last year, however demand was strong for better quality lines of cattle. The post Roma store sale 15 Jan 2019: Rates ease in 6200 hd yarding appeared first on Beef Central. Source: Beef Central Roma store sale 15 Jan 2019: Rates ease in 6200 hd yarding

XE Market Analysis: North America – Jan 22, 2019

A generally firmer Dollar and Yen, and a souring in risk appetite, will greet U.S. market participants as they return to their desks from their long weekend. USD-JPY edged out a three-day low of 109.32, driven by Yen outperformance as forex markets week looking for safe havens. Europe and Asian stock markets came under pressure,… Read more »

XE Market Analysis: Europe – Jan 22, 2019

The Dollar and Yen have traded firmer against most other currencies, with the Japanese unit itself outperforming overall, which has pressed USD-JPY to a two-day low of 109.38. Forex markets are in a safe-haven mode, with Asia stock markets down and S&P 500 futures racking up a 0.8% loss in overnight trading, pointing to a… Read more »

Weekly kill: Supply pressure again forces grid prices lower

Mounting weather-driven slaughter cattle supply pressure has pushed direct consignment processor grid prices in southern Queensland and NSW lower again this week. The post Weekly kill: Supply pressure again forces grid prices lower appeared first on Beef Central. Source: Beef Central Weekly kill: Supply pressure again forces grid prices lower

Early musters as seasonal pressure builds in Barkly and Western Qld

Drought-forced supply pressure is starting to show up in pricing for northern cattle, with big areas facing critical turnoff decisions in coming weeks if rain is not received. The post Early musters as seasonal pressure builds in Barkly and Western Qld appeared first on Beef Central. Source: Beef Central Early musters as seasonal pressure… Read more »

Animal activists' farm map labelled 'attack list' by Federal Ag Minister

Federal Agricultural Minister David Littleproud labels an online map that shares the location and contact details of thousands of Australian farmers as an “attack list” for activists. Source: ABC Livestock Animal activists’ farm map labelled ‘attack list’ by Federal Ag Minister

Department of Agriculture investigates live sheep export payment claims

VIDEO footage of heat-stressed sheep on live export vessels is being formally investigated by the Australia’s Department of Agriculture following claims whistleblowers were paid to produce it. The post Department of Agriculture investigates live sheep export payment claims appeared first on Sheep Central. Source: Sheep Central Department of Agriculture investigates live sheep export payment… Read more »