Month: February 2019

Dalby Sale 6 Feb 2019: Restockers absorb increased supply

Prices improved for a number of classes with cows, heavy grown steers and bullocks receiving the largest gains. The post Dalby Sale 6 Feb 2019: Restockers absorb increased supply appeared first on Beef Central. Source: Beef Central Dalby Sale 6 Feb 2019: Restockers absorb increased supply

XE Market Analysis: North America – Feb 06, 2019

The narrow trade-weighted USD index posted a fresh 12-day high at 95.99, and EUR-USD concurrently printed a new 12-day low, at 1.1380. The Dollar also saw highs versus a number of other currencies, although lost some ground today to the Yen, which has outperformed. USD-CAD rose for a second day, seeing a five-session high at… Read more »

XE Market Analysis: Europe – Feb 06, 2019

The Dollar has continued to trade mostly firmer, although has lost ground today to the Yen, which has outperformed. President Trump’s State of the Union, replete as it was with self-backslapping, left markets somewhat cold, with what hopes there were for something specific on progress being made in the trade talks with China having been… Read more »

Weekly property review: 2019 prospects hinge on drought’s end

With 2019 now well underway, three leading rural property specialists reveal their expectations for the New Year cattle property market. This year’s key drivers are likely to include access to credit, stability of commodity prices and the status of the ongoing east coast drought, they suggest. The post Weekly property review: 2019 prospects hinge on… Read more »

RFM contracts to buy $35m Vic property with lease to Stone Axe Wagyu

Late this afternoon Rural Funds Management Limited advicsed the Australian Stock Exchange that it has contracted to acquire Cobungra, a 6,486 hectare cattle property located in Victoria. The post RFM contracts to buy $35m Vic property with lease to Stone Axe Wagyu appeared first on Beef Central. Source: Beef Central RFM contracts to buy… Read more »

Cattle losses mount as Northwest QLD faces monumental flood event

Defence force fodder drops are planned as a natural disaster of monumental proportions unfolds in northwest and central western Queensland, after ten days of torrential, relentless, record-breaking rain. The post Cattle losses mount as Northwest QLD faces monumental flood event appeared first on Beef Central. Source: Beef Central Cattle losses mount as Northwest QLD… Read more »

Drought-hardened graziers heartbroken as cattle die in floods

Hundreds of cattle are believed to be dead or stranded in north-west Queensland as heartbroken graziers go from a drought to a flooding crisis. Source: ABC Livestock Drought-hardened graziers heartbroken as cattle die in floods

Property: Southern QLD’s Darran aggregation makes $15m

Western Queensland grazing identity Michael Gibson and family have paid $15 million for the large-scale mixed grazing and cropping enterprise, Darran Aggregation, in the state’s south-west, for use as a large-scale backgrounding operation. The post Property: Southern QLD’s Darran aggregation makes $15m appeared first on Beef Central. Source: Beef Central Property: Southern QLD’s Darran… Read more »

While north awash, dams drying up further south

While cattle producers in far north Queensland deal with torrential rain and flooding, further south stock water is drying up and adding more supply pressure on the cattle market. The post While north awash, dams drying up further south appeared first on Beef Central. Source: Beef Central While north awash, dams drying up further… Read more »

New investments bolster ag research/education in SE Qld

A new $16 million Agricultural Science and Engineering Precinct at the University of Southern Queensland and the development of an Agricultural Centre for Excellence at TAFE Toowoomba have bolstered investment in ag research and education in south-east Queensland. The post New investments bolster ag research/education in SE Qld appeared first on Grain Central. Source:… Read more »

RSPCA Australia unconvinced by live export transparency initiative

A LIVE sheep export transparency initiative launched yesterday to promote trust in the trade has been branded a PR stunt and “desperate industry propaganda” by RSPCA Australia. The post RSPCA Australia unconvinced by live export transparency initiative appeared first on Sheep Central. Source: Sheep Central RSPCA Australia unconvinced by live export transparency initiative

New Australian lamb definition set for 1 July 2019

AUSTRALIA’S new definition of lamb is likely to take effect from 1 July 2019, pending amendments to federal and state legislation, the nation’s peak sheep producer body said today. The post New Australian lamb definition set for 1 July 2019 appeared first on Sheep Central. Source: Sheep Central New Australian lamb definition set for… Read more »

XE Market Analysis: Asia – Feb 05, 2019

The Dollar firmed in N.Y. on Tuesday, taking the DXY to eight-session highs of 96.11, up from 95.89 lows at the open. The only data was a softer than expected services ISM, though it had little impact on the Greenback. Wall Street rose, while yields edged lower. EUR-USD ranged between 1.1435 and 1.1401, as USD-JPY… Read more »

Roma store sale 5 Feb 2019: Most categories improve

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 5 Feb 2019: Most categories improve appeared first on Beef Central. Source: Beef Central Roma store sale 5 Feb 2019: Most categories improve

Weekly rainfall wrap + rain outlook, 6 Feb 2019

The active monsoon trough brought moderate to heavy falls to parts of northern Australia, while a tropical low over northwest Queensland, embedded on an active monsoon trough, resulted in heavy falls and flooding in northern Queensland. The post Weekly rainfall wrap + rain outlook, 6 Feb 2019 appeared first on Beef Central. Source: Beef… Read more »

XE Market Analysis: North America – Feb 05, 2019

The Dollar has remained buoyant, printing fresh highs against some currencies, still benefitting from the strong U.S. January jobs report and other perky releases. EUR-USD carved out a six-day low at 1.1411, and Cable printed a 13-day low at 1.3002, aided lower by a spell of Sterling selling following a miss in the UK’s January… Read more »

Weekly genetics review: What are bull breeders considering in 2019?

What does the 2019 bull selling year hold for seedstock producers? Beef Central’s new genetics editor Alaistair Rayner asked a number of prominent bull breeders for their views The post Weekly genetics review: What are bull breeders considering in 2019? appeared first on Beef Central. Source: Beef Central Weekly genetics review: What are bull… Read more »

XE Market Analysis: Europe – Feb 05, 2019

The Australian Dollar rallied after the RBA refrained from aping the Fed’s dovish turn following its policy meeting today, where it left the cash rate at the record low 1.50%, as widely anticipated. Elsewhere, the Dollar held mostly firm, edging out a 13-day high versus the Pound and eking out a one-week high versus the… Read more »

Producers urged to test summer forages for toxicity, after reports of stock losses

Warnings are starting to filter out to livestock producers in QLD and NSW facing desperate feed and roughage shortages over toxicity risk associated with feeding drought-stressed sorghum crops. The development follows reports of recent stock losses in both feedlots and open grazing applications due to prussic acid and/or nitrate toxicity from drought-stressed sorghum and some… Read more »

Royal Commission calls for national farm debt mediation scheme

Rural banks will be required to commence farm mediation processes as soon as loans become distressed, not as a ‘last measure’ before taking enforcement action, under a key recommendation from the Hayne Royal Commission into banking. The post Royal Commission calls for national farm debt mediation scheme appeared first on Beef Central. Source: Beef… Read more »

Victorian road train extension set to lower drought freight costs

Hay and grain freight costs from Victoria’s Wimmera region to some drought-stricken New South Wales and Queensland farmers are expected to reduce after the Victorian road train network was extended. The post Victorian road train extension set to lower drought freight costs appeared first on Grain Central. Source: Grain Central Victorian road train extension… Read more »

Weekly kill: far north’s epic rain event has little disruption on cattle supply

While the rest of eastern Australia still awaits some sort of summer seasonal break, flooding rain of biblical proportions in North Queensland is disrupting local kills this week. The post Weekly kill: far north’s epic rain event has little disruption on cattle supply appeared first on Beef Central. Source: Beef Central Weekly kill: far… Read more »

Cotton out, feedlotting in at Tandou Station

One of Australia’s biggest agribusiness companies, Webster Limited, is bouncing back from the closure of its cotton venture, using funds from the $78 million sale of its water entitlements to diversify. Source: ABC Livestock Cotton out, feedlotting in at Tandou Station

Poland reports atypical BSE detection

AN atypical case of Bovine Spongiform Encephalopthy (BSE) has been detected in Poland, but poses no risk to human health and will not effect the country’s official BSE status, according to health authorities.  The post Poland reports atypical BSE detection appeared first on Beef Central. Source: Beef Central Poland reports atypical BSE detection

Sheep flock to fall to 65.3 million as demand and prices remain strong

AUSTRALIA’S national sheep flock is forecast to decline to 65.3 million this year leading to new lows in lamb and mutton production as strong international demand continues. The post Sheep flock to fall to 65.3 million as demand and prices remain strong appeared first on Sheep Central. Source: Sheep Central Sheep flock to fall… Read more »

January beef exports set solid early pace

While January traditionally represents the quietest month for Australian export beef trade following summer holiday meat processing and saleyard closures, volume shipped last month was much higher than recent-year comparisons. Exports to all destinations topped 67,590t, as beef processors started the 2019 slaughter season busier than normal. The post January beef exports set solid early… Read more »

Road extension to cut feed freight costs from western Vic to NSW, Qld

Hay and grain freight costs from Victoria’s Wimmera region to some drought-stricken New South Wales and Queensland farmers are expected to reduce after the Victorian road train network was extended. The post Road extension to cut feed freight costs from western Vic to NSW, Qld appeared first on Beef Central. Source: Beef Central Road… Read more »

XE Market Analysis: Asia – Feb 04, 2019

The Dollar moved higher in N.Y. trade on Monday, supported by last week’s strong jobs and manufacturing reports. Treasury yields aided as well, as they remained elevated through the session. EUR-USD slipped to 1.1424 from 1.1455 highs, while USD-JPY topped at 110.17, before heading back under 109.90. USD-CAD was supported by softer oil price, while… Read more »

'It's just a disaster': Fires deal massive blow to honey industry

Tasmanian honey prices are expected to soar, after dry conditions and fires across the state conspire to deliver the industry’s worst season in 35 years. Source: ABC Livestock ‘It’s just a disaster’: Fires deal massive blow to honey industry

What's causing a chill in the ocean at this holiday hotspot?

There is a distinct chill in the water at some New South Wales tourism hotspots, and it’s not just swimmers feeling the effects. Source: ABC Livestock What’s causing a chill in the ocean at this holiday hotspot?

GrainCorp’s Henty West rail crossing gets further funds

The NSW Government has announced $3.6 million in funding for a new rail crossing which will link the Olympic Highway to GrainCorp’s Henty West site in southern NSW. The post GrainCorp’s Henty West rail crossing gets further funds appeared first on Grain Central. Source: Grain Central GrainCorp’s Henty West rail crossing gets further funds

AuctionsPlus wool buyers seek out online crossbred stocks

STRONG crossbred wool demand was a feature of AuctionsPlus online sales last week, with 189 bales sold. The post AuctionsPlus wool buyers seek out online crossbred stocks appeared first on Sheep Central. Source: Sheep Central AuctionsPlus wool buyers seek out online crossbred stocks

XE Market Analysis: Sterling Clings to Gains as EU Digs in Heels on Brexit Deal

OVERVIEW US Dollar still riding the non-farm job gains report wave from Friday Pound holds firm on a potential customs solution for no-deal Brexit The euro is weaker on Eurozone growth concerns HIGHLIGHT The US dollar has attracted good flows at the start of the week from yield-seekers as the concerns over the US stability… Read more »

Wagga sale 4 Feb 2019: Restockers underpin demand

Solid NSW and some Victorian restocker competition underpinned demand for weaner steers at Wagga Wagga on Monday. The post Wagga sale 4 Feb 2019: Restockers underpin demand appeared first on Beef Central. Source: Beef Central Wagga sale 4 Feb 2019: Restockers underpin demand

XE Market Analysis: North America – Feb 04, 2019

The Dollar has traded moderately firmer, surpassing the highs seen on Friday against the Yen and Australian Dollar, among other currencies, though remaining below the highs seen on Friday against the Euro and Sterling, among others. Friday’s slew of firmer data out of the U.S. has continued to underpin the greenback, offsetting the Fed’s hawkish-to-neutral… Read more »

XE Market Analysis: Europe – Feb 04, 2019

Moderate Yen underperformance has remained a theme in markets so far today, as it had been on Friday. This floated USD-JPY to a 10-day high at 109.82, while EUR-JPY and AUD-JPY have traded near five- and seven-week highs, respectively. The Japanese currency has been underperforming relative to the other main currencies in the wake of… Read more »

Liquid nitrogen sheep breech process to feature at Merino field day

AUSTRALIAN sheep producers are lining up for a new breech modification process developed as an alternative to surgical mulesing. The post Liquid nitrogen sheep breech process to feature at Merino field day appeared first on Sheep Central. Source: Sheep Central Liquid nitrogen sheep breech process to feature at Merino field day

Burdekin awash but little rain in sight for Central Queensland sorghum

Central Queensland (CQ) sorghum growers have four weeks at most to plant their 2019 crop, with its total intended sorghum area only around one quarter planted, and looking unlikely to get sufficient planting rain going on current forecasts. The post Burdekin awash but little rain in sight for Central Queensland sorghum appeared first on Beef… Read more »

Grain Central’s January grain and cropping news quiz

Keep up to date with Australian cropping industry developments with Grain Central’s monthly quiz. The post Grain Central’s January grain and cropping news quiz appeared first on Grain Central. Source: Grain Central Grain Central’s January grain and cropping news quiz

Sheep getting harder to sell, but first cross ewe lambs make $300

A SMALLER online offering of sheep and lambs was harder to sell last week as hot dry conditions continued across most of Australia. The post Sheep getting harder to sell, but first cross ewe lambs make $300 appeared first on Sheep Central. Source: Sheep Central Sheep getting harder to sell, but first cross ewe… Read more »

Shorthorns ponder move from Breedplan to IGS model

Australian Shorthorn seedstock producers are considering a move from the BreedPlan national performance recording system to the International Genetic Solutions’ (IGS) herd recording model. The post Shorthorns ponder move from Breedplan to IGS model appeared first on Beef Central. Source: Beef Central Shorthorns ponder move from Breedplan to IGS model

Singing butcher returns in MLA’s latest beef campaign + VIDEO

The latest chapter of the popular ‘Australian Beef: The Greatest’ retail marketing campaign, reinforcing and promoting the provenance and high-quality of Australian beef, was launched today. The post Singing butcher returns in MLA’s latest beef campaign + VIDEO appeared first on Beef Central. Source: Beef Central Singing butcher returns in MLA’s latest beef campaign… Read more »

100 jobs cut at Primo pig abattoir

About 100 workers at South Australia’s Port Wakefield abattoir are without work, after a decision by parent company JBS to move from two shifts to a single day-shift operation. Source: ABC Livestock 100 jobs cut at Primo pig abattoir

Important sheep parasite survey needs attention from producers

AUSTRALIAN sheep producers are being urged to participate in a national survey that aims to update regional benchmarks for internal and external parasite control. The post Important sheep parasite survey needs attention from producers appeared first on Sheep Central. Source: Sheep Central Important sheep parasite survey needs attention from producers

Why the town of Finley is losing farms, jobs, students and cricketers

It only takes a stroll down the quiet main street of Finley to see that the small New South Wales town is struggling, and locals say the Murray-Darling Basin Plan is to blame. Source: ABC Grain Why the town of Finley is losing farms, jobs, students and cricketers

New Zealand goes one-up in shears series against Wales at weekend

NEW ZEALAND’S shearing team of Southlander Nathan Stratford and Wairarapa farmer David Buick have maintained their country’s unbeaten record against Wales at home at Marton in the opening match of the CP Wool Series at the weekend. The post New Zealand goes one-up in shears series against Wales at weekend appeared first on Sheep Central. … Read more »

Chem certification training in limbo

MAJOR national chemical use training group ChemCert has declared it is unable to deliver accredited courses, enrol new students nor issue certification to those who have completed units. The post Chem certification training in limbo appeared first on Beef Central. Source: Beef Central Chem certification training in limbo

Low-cost sheep genetic testing booming with new technology

SHEEP genetic testing is booming in Australia as genomic test costs come down and uptake of new sampling technology improves. The post Low-cost sheep genetic testing booming with new technology appeared first on Sheep Central. Source: Sheep Central Low-cost sheep genetic testing booming with new technology

WA sheep producers urged to use confinement areas to save topsoil

SOUTHERN Western Australian wheatbelt and south coastal sheep producers are being advised to consider confinement feeding over summer to protect their paddocks from wind erosion. The post WA sheep producers urged to use confinement areas to save topsoil appeared first on Sheep Central. Source: Sheep Central WA sheep producers urged to use confinement areas… Read more »

Western Victorian Livestock Exchange sale 4 Feb 2019

A similar sized yarding to that of the last regular sale held two weeks ago due to the Australia Day public holiday contained a mixed but mainly good quality offering. The post Western Victorian Livestock Exchange sale 4 Feb 2019 appeared first on Beef Central. Source: Beef Central Western Victorian Livestock Exchange sale 4… Read more »

Clearance rates below 50pc in smaller drought-impacted AuctionsPlus offering

Desperately tough seasonal conditions saw numbers continue to slip away on AuctionsPlus this week, with listings declining another 11pc to 5883 head. The seasonal impact was also seen in clearance rates, which remained below 50pc across all sales, and 35pc in the weaner and yearling sale offering. The post Clearance rates below 50pc in smaller… Read more »

XE Market Analysis: Asia – Feb 01, 2019

The Dollar rallied on the back of better than expected jobs, ISM, amd U. Michigan sentiment in N.Y. on Friday. The DXY bounced to 95.63 from lows of 95.40. Wall Street was mixed after a week of solid gains, while Treasury yields edged up on the data as well. EUR-USD ranged between 1.1458 and 1.1488,… Read more »

Why couples are choosing to cut the wedding cheese over cake

Cheese-loving millennials ditch tradition by moving away from a white wedding cake and instead stacking wheels of cheese. Source: ABC Livestock Why couples are choosing to cut the wedding cheese over cake

XE Market Analysis: The Greenback Starts February on a Negative Tone

OVERVIEW The US Dollar Index reversed yesterday’s gains with a mixed jobs report. British Pound comes under selling pressure over poor manufacturing PMI NYMEX WTI Crude goes higher, trading near 9-week high, $54.30 a barrel Source: XE news feed XE Market Analysis: The Greenback Starts February on a Negative Tone

XE Market Analysis: North America – Feb 01, 2019

The Dollar has traded mixed into the release of the January U.S. jobs report, losing modest ground to the Euro while holding near net unchanged against the Yen and gaining on the Pound, which took a hit on weak UK data, and the Australian and Canadian Dollars. Risk appetite has been cautious, with most stock… Read more »

XE Market Analysis: Europe – Feb 01, 2019

The Dollar has found its feet, holding steady-to-firmer against the other main currencies so far today after dropping sharply during the prior 24 hours in the wake of the Fed’s dovish turn. EUR-USD has lodged in the low-to-mid 1.1400s, below its post-Fed high at 1.1514, while USD-JPY has parked in the upper 109.0s, comfortably above… Read more »

Yandeyarra cattle deaths could double to 2,000, industry says

The number of dead cattle on a remote Western Australia property is expected to double, a peak industry group warns, as evidence surfaces of an earlier incident. Source: ABC Livestock Yandeyarra cattle deaths could double to 2,000, industry says

ChemCert unable to deliver accredited courses/certification

Major national chemical use training group ChemCert has declared it is unable to deliver accredited courses, enrol new students nor issue certification to those who have completed units. The post ChemCert unable to deliver accredited courses/certification appeared first on Grain Central. Source: Grain Central ChemCert unable to deliver accredited courses/certification

ChemCert withdrawal from industry training prompts questions

MAJOR national chemical use training group ChemCert has declared it is unable to deliver accredited courses, enrol new students nor issue certification to those who have completed units. The post ChemCert withdrawal from industry training prompts questions appeared first on Sheep Central. Source: Sheep Central ChemCert withdrawal from industry training prompts questions

Beef Central’s beef quiz – January 2019

Test your knowledge of beef industry news and events in January with Beef Central’s latest monthly quiz. The post Beef Central’s beef quiz – January 2019 appeared first on Beef Central. Source: Beef Central Beef Central’s beef quiz – January 2019

Ag responds to Murray Darling Royal Commission

The South Australian Royal Commissioner’s report into the Murray Darling Basin released yesterday is a lengthy document of 746 pages, but has already prompted a range of initial statements in response by stakeholders. The post Ag responds to Murray Darling Royal Commission appeared first on Grain Central. Source: Grain Central Ag responds to Murray… Read more »

Govt response to senate red meat inquiry: Producer groups react

The Federal Government’s official response to the Senate Rural and Regional Affairs and Transport Committee inquiry into consolidation in the red meat processing sector, which was tabled just before Christmas, has met a mixed reaction from cattle producer groups. The post Govt response to senate red meat inquiry: Producer groups react appeared first on Beef… Read more »

Crossbred wool prices lift as buyers seek to maintain mill production

AUSTRALIAN crossbred and fine Merino wool prices increased this week, with resultant prices in foreign currencies reflecting strong underlying demand. The post Crossbred wool prices lift as buyers seek to maintain mill production appeared first on Sheep Central. Source: Sheep Central Crossbred wool prices lift as buyers seek to maintain mill production

Feedgrain Focus: Sorghum fades, boats arrive and cottonseed firms

Continuing hot and dry conditions are dimming yield prospects for sorghum in New South Wales and southern Queensland, where WA grain is supplying much of the feed market’s needs. The post Feedgrain Focus: Sorghum fades, boats arrive and cottonseed firms appeared first on Beef Central. Source: Beef Central Feedgrain Focus: Sorghum fades, boats arrive… Read more »

Government under pressure over live sheep export observer reports

INDEPENDENT live sheep and cattle observer reports released by the Australian Government are under question after the RSPCA released details of heavily redacted documents this week. The post Government under pressure over live sheep export observer reports appeared first on Sheep Central. Source: Sheep Central Government under pressure over live sheep export observer reports

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 Sheep Central. … Read more »

XE Market Analysis: Asia – Jan 31, 2019

The dollar steadied early in the session, after the DXY bottomed at 95.22 overnight, though headed higher from there, largely on short covering interest, and solid U.S. housing data. Wall Street was mostly higher, as the Powell Put remained in focus. EUR-USD fell from near 1.1500 to 1.1435 lows, while USD-JPY bounced from 108.54 to… Read more »

Crop of young farmers revitalise farming, create baby boom

A new generation of farmers brings youth, resilience and lots of babies to a small farming district in north-west NSW, fuelling a strong sense of optimism for the future. Source: ABC Grain Crop of young farmers revitalise farming, create baby boom

Diversification the key to sweet success for fig farmers

Two regenerative farmers are relishing the fruits of their labour as they prepare to harvest figs on their mixed-venture property, which has “coped well” through the current drought. Source: ABC Livestock Diversification the key to sweet success for fig farmers

Chris Howie’s sheep and beef market wrap: Opportunities emerging

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 contact network of producers, agents, processors, industry associates and leaders developed during his extensive career as a livestock agent.  The post Chris Howie’s sheep and beef market wrap:… Read more »

Wool supply concerns prompt lift in forward market contracts

WOOL volumes through the forward market increased this week as buyers looked to cover positions due to ongoing concerns of supply. The post Wool supply concerns prompt lift in forward market contracts appeared first on Sheep Central. Source: Sheep Central Wool supply concerns prompt lift in forward market contracts

FAO sets the record straight – 86pc of livestock feed is inedible by humans

As the media frenzy caused by a ‘planetary health diet’ proposed in a new report from an EAT-Lancet commission this month continues, the Food and Agriculture Organisation of the United Nations has set the record straight regarding not just the level of greenhouse gases that livestock emit, but also incorrect information about how much food (crops… Read more »

Jan 2019 Australia’s hottest month since records began in 1910

The Bureau of Meteorology will today release its January climate summaries, showing the month was Australia’s warmest on record. The post Jan 2019 Australia’s hottest month since records began in 1910 appeared first on Beef Central. Source: Beef Central Jan 2019 Australia’s hottest month since records began in 1910

Dubbo sale 31 Jan 2019: Cow market creeping upwards

The cow market continues to creep upwards following the excellent rains in north Queensland and the report that a major northern processor is about to commence a second shift. The post Dubbo sale 31 Jan 2019: Cow market creeping upwards appeared first on Beef Central. Source: Beef Central Dubbo sale 31 Jan 2019: Cow… Read more »