Month: April 2019

XE Market Analysis: North America – Apr 30, 2019

The Dollar has come under pressure, led by broad Euro gains following a set of bullish data leads out of the Eurozone, along with USD-JPY declines as the Yen picked up safe haven demand as stock markets in Europe and Asia sputtered. Disappointing manufacturing PMI data out of China, along with earning misses from Samsung… Read more »

Weekly genetics review: Trends from a tough autumn bull sale season

With the bulk of Eastern Australia’s autumn bull selling season now drawing to a close, there are many bull breeders closely examining the results and trends to emerge, writes genetics editor Alastair Rayner. ..Read More Source: Beef Central Weekly genetics review: Trends from a tough autumn bull sale season

XE Market Analysis: Europe – Apr 30, 2019

A risk-off theme has taken a hold, which has driven AUD-JPY, a forex market proxy on risk appetite in global markets, 0.5% lower as AUD-USD sank to a two-session low at 0.7034 and USD-JPY to a three-week low at 111.35. Stock markets across Asia have continued to sputter today, this time following disappointing manufacturing PMI… Read more »

Labor issues six-point plan for animal welfare

As the Federal election countdown continues, the Labor Party today launched a six-point plan covering animal welfare, pledging to “reinstate national leadership in animal welfare matters and dedicating resources to a new national framework.”..Read More Source: Beef Central Labor issues six-point plan for animal welfare

Weekly kill: Feedlot reliance hastens shortage of slaughter cattle later in the year

A topic of conversation around processing circles this week has been the impact that current heavy reliance on grain-finishing systems because of drought is likely to have on slaughter cattle supply later in the year…Read More Source: Beef Central Weekly kill: Feedlot reliance hastens shortage of slaughter cattle later in the year

Roma store sale 30 Apr 2019: Prices mostly up after SW Qld rain

Large runs of quality young cattle were yarded and a larger panel of buyers was present, however not all were operating…Read More Source: Beef Central Roma store sale 30 Apr 2019: Prices mostly up after SW Qld rain

Rain front lifts hopes for south east growers

Winter croppers through south eastern Australia have their fingers crossed that a rain front set to move across the region over the next few days will bring heavier falls than models currently forecast…Read More Source: Grain Central Rain front lifts hopes for south east growers

ALEC and LiveCorp court merger

In a possible foreshadowing of broader red meat industry reform to come, two key live export industry bodies are preparing to merge into one…Read More Source: Beef Central ALEC and LiveCorp court merger

Gene editing of plants and animals gets green light. Is CRISPR bacon next?

After a government decision not to regulate some types of gene editing, used to breed animals and plants, many researchers may be breathing a sigh of relief. But what are the implications? Source: ABC Livestock Gene editing of plants and animals gets green light. Is CRISPR bacon next?

XE Market Analysis: Asia – Apr 29, 2019

The Dollar headed lower again in N.Y. on Monday, weighed down partly by cooler PCE chain prices, and partly by continued profit taking following the near two-year highs seen last week. Income data was a bit soft, though spending beat consensus. The DXY slipped under 97.85 from 98.10 highs. EUR-USD topped at 1.1186 opening near… Read more »

Farm safety gains traction – but much more work to do

Tractors and quad bikes remain the leading causes of injury on Australian farms but deaths from both vehicles have declined significantly since 2017, according to new research…Read More Source: Grain Central Farm safety gains traction – but much more work to do

Three simple checks to avoid drought feed risk

There are some simple checks producers can make to avoid exposing livestock to alternative feeds containing unacceptable and harmful levels of chemical residues, or feeds which could contain restricted animal material, Agriculture Victoria Animal Industries Development Officer Richard Smith says…Read More Source: Beef Central Three simple checks to avoid drought feed risk

XE Market Analysis: The Currency Market is Heading into a Significant Week

OVERVIEW The Greenback is trading flat ahead of FOMC and employment data The British Pound waits on a signal from the Bank of England and tedious Brexit negotiations WTI crude oil continues its southbound move, losing 0.75% this morning Source: XE news feed XE Market Analysis: The Currency Market is Heading into a Significant… Read more »

Wagga sale 29 April 2019: Restockers, lot feeders active

Restockers and feedlot demand on the back of expectant rain had the greatest influence over the market…Read More Source: Beef Central Wagga sale 29 April 2019: Restockers, lot feeders active

XE Market Analysis: North America – Apr 29, 2019

The Dollar has traded softer so far today, though magnitude of movement has been limited. The Yen also weakened against most currencies, with USD-JPY holding steady in the mid-to-upper 111.0s. Volumes have been thin in the absence of Tokyos, which will remain closed for the remainder of the week for Japan’s Golden Week holidays. EUR-USD… Read more »

XE Market Analysis: Europe – Apr 29, 2019

The Dollar bloc currencies have posted gains in the wake of the strong 3.2% y/y U.S. Q1 GDP figure on Friday, which was added to today by a rise in March Chinese industrial profits after a four consecutive months of contraction. S&P 500 and NASDAQ hit fresh record highs on Wall Street on Friday, and… Read more »

AWI graduate program and wool medal deadlines just days away

GRADUATES wanting to broaden their wool industry experience have only days to apply for a place in the Australian Wool Innovation Graduate Training Program…Read More Source: Sheep Central AWI graduate program and wool medal deadlines just days away

Grassland society sets membership aim with its first industry officer

LEADING temperate grassland farmer body, the Grassland Society of Southern Australia, has appointed its first industry officer to help grow membership by at least 10 percent a year…Read More Source: Sheep Central Grassland society sets membership aim with its first industry officer

Merino sheep and goats continue to sell well online

MERINO wether lambs sold to $135, Merino ewes made to $151.50 and Boer bucks sold for $250 ahead in a reduced AuctionsPlus offering last week…Read More Source: Sheep Central Merino sheep and goats continue to sell well online

Global food survey shows strong support for meat

A FEED4THOUGHT global survey finds strong consumer understanding that animal protein can be part of an environmentally responsible regimen and can play an important role in a healthy diet…Read More Source: Sheep Central Global food survey shows strong support for meat

New Zealand-born shearer sets eight hour Merino ewe record + VIDEOS

NEW ZEALAND-BORN shearer Lou Brown has put in the quickest-ever day of Merino shearing to smash a world record which has withstood at least four other attempts since it was set 16 years ago…Read More Source: Sheep Central New Zealand-born shearer sets eight hour Merino ewe record + VIDEOS

Chris Howie’s southern market wrap – April 2019

It is becoming very evident the continued dry is now entering uncharted territory for many farmers in SA, Victoria and NSW, Chris Howie writes in his latest monthly wrap on southern market trends and opportunities…Read More Source: Beef Central Chris Howie’s southern market wrap – April 2019

Intercollegiate Meat Judging arrives in Central QLD

More than 80 university students and young agricultural professionals have embraced the latest science and industry on-farm practices to improve beef eating experiences for consumers at the inaugural Intercollegiate Meat Judging Northern Conference held in Rockhampton late last week…Read More Source: Beef Central Intercollegiate Meat Judging arrives in Central QLD

Global survey shows strong support for meat

New global research by food giant Cargill has found strong consumer understanding that animal protein can be part of an environmentally responsible regimen and can play an important role in a healthy diet…Read More Source: Beef Central Global survey shows strong support for meat

Qld ups biosecurity fines for invading activists

People going onto a farming operation must now comply with the property’s biosecurity management plan when they enter or leave, and while they are on the property, under added protections activated by the Queensland Government following a spate of unauthorised farm entries by animal activists…Read More Source: Beef Central Qld ups biosecurity fines for… Read more »

US, Chinese largest foreign owners of water in Australia, report reveals

Chinese and United States interests are the largest foreign owners of water entitlements in Australia, an Australian Taxation Office report released this month shows…Read More Source: Beef Central US, Chinese largest foreign owners of water in Australia, report reveals

'Everest of shearing' conquered as 16yo world record clipped

Lou Brown used meditation and shear effort to clip about one sheep a minute for eight hours and claim the new world record. Source: ABC Livestock ‘Everest of shearing’ conquered as 16yo world record clipped

Heifer prices soften in smaller AuctionsPlus offering

Heifer prices mostly trended down on AuctionsPlus this week, while lighter steer weight categories were higher – headlined by weaned steers, which averaged up 45c/kg on last week…Read More Source: Beef Central Heifer prices soften in smaller AuctionsPlus offering

XE Market Analysis: Asia – Apr 26, 2019

The Dollar rallied momentarily following the stronger U.S. Q1 GDP report, though quickly turned lower, as the sharp gains were largely to do with inventory and trade figures, which bumped up growth, likely to be reversed in Q2. In addition, the price index fell sharply, weighing on Treasury yields, and the Greenback. EUR-USD bottomed at… Read more »

XE Market Analysis: US Dollar Fuelled by Better-than-Expected Q1 GDP

OVERVIEW Q1 GDP increased by 3.2% according to advanced estimates EUR/USD consolidating near recent lows waiting for Spanish elections WTI crude oil loses 1.70% to slide to $64.10 a barrel   Source: XE news feed XE Market Analysis: US Dollar Fuelled by Better-than-Expected Q1 GDP

XE Market Analysis: North America – Apr 26, 2019

The Dollar has mostly consolidated recent gains in narrow ranges as markets anticipate U.S. GDP data later. The Australian dollar, which has underperformed the other main currencies this week, staged a partial recoupment of ground lost this week, with AUD-USD and AUD-JPY leading the way with gains of 0.3-.4%. Both the pair and the cross… Read more »

XE Market Analysis: Europe – Apr 26, 2019

The Dollar majors have been plying narrow ranges so far today, with both the Dollar and Yen consolidating of their respective gains seen against most other currencies this week. The U.S. currency has been buoyed by relatively good data, including yesterday’s much stronger than expected 2.7% rise in durable orders data, and with markets expecting… Read more »

Recruitment: Attracting uni graduates to the red meat processing sector

The changing nature of the red meat processing industry means there is a greater need today than ever before to recruit university graduates to fill an expanding range of working roles within the sector, a recent red meat training conference heard. ..Read More Source: Sheep Central Recruitment: Attracting uni graduates to the red meat… Read more »

Farmers concerned about hot air balloons landing in paddocks

Organisers of an annual hot air balloon festival in New South Wales work with farmers to find out which paddocks pilots should avoid landing in, so that the balloons do not scare livestock or damage crops. Source: ABC Livestock Farmers concerned about hot air balloons landing in paddocks

Merino wool prices to soften, but no sharp drop expected

RAW Merino wool prices are expected to be softer this year as the manufacturing and retail sectors struggles to pass on recent price rises…Read More Source: Sheep Central Merino wool prices to soften, but no sharp drop expected

WA shearer has guns on his team for eight-hour Merino ewe record attempt

WESTERN Australian shearer Louis Brown is aiming to shear 500 sheep in a day tomorrow as he makes the second attempt on the eight-hour Merino ewe record in less than a month…Read More Source: Sheep Central WA shearer has guns on his team for eight-hour Merino ewe record attempt

Seasonal climate outlook May-July 2019

Most of eastern and southern Australia have no strong tendency towards eitehr above or below average rainfall for the three months from May to July, according to the Bureau of Meteorology’s latest seasonal climate outlook released today. ..Read More Source: Sheep Central Seasonal climate outlook May-July 2019

Submissions show appetite for red meat sector reform

A strong appetite for red meat industry structural reform has been highlighted in submissions published this week in response to the Red Meat Memorandum of Understanding (MOU) Review Green Paper…Read More Source: Beef Central Submissions show appetite for red meat sector reform

Coles offers 830c/kg in July forward lamb contract amid supply concerns

SUPERMARKET giant Coles has released a July forward contract price of 830c/kg contract price for 18-26kg lambs, but analysts are already asking will it be enough to attract supplies…Read More Source: Sheep Central Coles offers 830c/kg in July forward lamb contract amid supply concerns

Geneticist appointed to QAAFI animal science directorship

Respected cattle geneticist Professor Ben Hayes has been appointed as the Queensland Alliance for Agriculture and Food Innovation’s new Centre Director for Animal Science…Read More Source: Beef Central Geneticist appointed to QAAFI animal science directorship

US farmer’s share of food dollar falls to all-time low

For every dollar United States consumers spend on food, farmers and ranchers there earn just 14.6 cents, according to a recent report by the US Department of Agriculture…Read More Source: Grain Central US farmer’s share of food dollar falls to all-time low

XE Market Analysis: Asia – Apr 25, 2019

The Dollar retreated from near two-year highs in N.Y. on Thursday, getting a nudge to highs early following a stronger U.S. durable orders report. Gains were short lived however, as the market apparently decided to use the fresh high as a reason to book profits. The DXY fell from 98.32 to 98.03 lows by late… Read more »

Submissions show appetite for red meat sector reform

A strong appetite for red meat industry structural reform has been highlighted in submissions published this week in response to the Red Meat Memorandum of Understanding (MOU) Review Green Paper…Read More Source: Sheep Central Submissions show appetite for red meat sector reform

XE Market Analysis: G10 Currencies Racing to the Bottom Against Strong US Dollar

OVERVIEW The Dollar Index is trading at its highest level since April of 2017 EUR/USD slides lower on soft data and growing economic uncertainty WTI crude oil settles near six-month high as the market continues to rebalance Source: XE news feed XE Market Analysis: G10 Currencies Racing to the Bottom Against Strong US Dollar

Labor tree law recipe for disaster: AgForce

Higher carbon emissions, greater erosion, less sustainable agriculture and the creation of vast ‘mulga deserts’ throughout central Australia will be the inevitable result of Federal Labor’s introduction of Queensland-style vegetation management legislation nationally…Read More Source: Beef Central Labor tree law recipe for disaster: AgForce

XE Market Analysis: North America – Apr 25, 2019

The Dollar and Yen have rallied against most other currencies, with the latter outperforming as stock markets in Europe and Asia sputtered, driving USD-JPY back under 112.00 and down from the four-month peak seen at 112.40 late yesterday. The biggest movers were EUR-JPY, GBP-JPY and AUD-JPY, which were all registering between 0.4% and 0.5% declines… Read more »

XE Market Analysis: Europe – Apr 25, 2019

The Dollar has consolidated after running higher yesterday. The narrow trade-weighted USD index settled under the 22-month high printed at 98.19, while EUR-USD concurrently settled around 1.1150, above the 22-month low seen yesterday at 1.1140.USD-JPY retreated back under 112.0 after yesterday running to a four-month high at 112.40. The peak was product of broad run… Read more »

XE Market Analysis: Asia – Apr 24, 2019

The Dollar index vaulted to near two-year highs in N.Y. on Wednesday, taking the DXY over the 98.00 mark for the first time since mid-May of 2017. Cool Australia CPI, weak German Ifo data, and a dovish tilting BoC all contributed to the Greenback’s strength. There was no data today, and Wall Street took a… Read more »

XE Market Analysis: North America – Apr 24, 2019

The Dollar has remained buoyant, posting a new two-month high versus the Pound, a seven-week peak against the Canadian Dollar, and a six-week high in the case against the Australian Dollar, which dove 1% against most currencies following weaker than expected CPI data out of Australia, which catalysed expectations for the RBA to cut interest… Read more »

Weekly property review: Is there relativity between rainfall and property prices?

Is there a relationship between rainfall and different regional Queensland property market values? Valuer Will McLay certainly thinks so, and has come up with a novel approach to observe the relativity between rainfall and property markets across the state…Read More Source: Beef Central Weekly property review: Is there relativity between rainfall and property prices?

XE Market Analysis: Europe – Apr 24, 2019

The Dollar is trading at modestly lower levels relative to the London interbank close last Thursday, which marked the close of liquid forex trading last week. Markets will be returning to full force today following the Easter holiday period. EUR-USD has settled near 1.1250, up from the two-week low seen last Thursday at 1.1226, which… Read more »

Online wool buying strengthens as auction market improves

ONLINE wool buying strengthened last week as Australia’s physical auction market lifted last week, with 268 bales selling on AuctionsPlus…Read More Source: Sheep Central Online wool buying strengthens as auction market improves

Weekly kill: Easter handbrake dramatically slows beef processing

Many direct consignment slaughter grids in southern states have risen 15-20c/kg in the past week, as available numbers start to decline heading into winter. Meanwhile in Queensland, grids remain mostly unchanged this week, as processor demand is diminished by successive holiday-shortened working weeks…Read More Source: Beef Central Weekly kill: Easter handbrake dramatically slows beef… Read more »

CPC property sell-down continues, with $50m Comely Station deal

Consolidated Pastoral Co has continued on its recent property asset sell-down path, announcing the sale today of its highly-regarded Central QLD buffel grass finishing/growing property Comely Station to NT pastoral identity Sterling Buntine for almost $50m…Read More Source: Beef Central CPC property sell-down continues, with m Comely Station deal

AWI takes Australia’s drought wool story to the world + VIDEO

A SIX-MINUTE Australian Wool Innovation Woolmark video highlighting the plight of drought-stricken Australian wool growers has given international industry stakeholders a unique insight into the reasons behind the nation’s falling clip…Read More Source: Sheep Central AWI takes Australia’s drought wool story to the world + VIDEO

Processors condemn Shorten’s election pledge to lift foreign workers’ pay

The Australian Meat Industry Council has raised concerns for regional employers and communities following the pledge given by opposition leader Bill Shorten yesterday to increase the pay of overseas workers by $11,000 annually…Read More Source: Beef Central Processors condemn Shorten’s election pledge to lift foreign workers’ pay

Social media support helps NSW Police recover stolen sheep

DOHNE sheep stolen from near Orange a week ago have been found shorn after a post on the Rural Crime-NSW Police Force Facebook page was shared more than 200 times…Read More Source: Sheep Central Social media support helps NSW Police recover stolen sheep

NT pastoralist buys second CPC cattle station, reportedly for $50m

Northern Territory pastoralist Sterling Buntine buys a second cattle station from Consolidated Pastoral Company on a walk-in walk-out basis without cattle. Source: ABC Livestock NT pastoralist buys second CPC cattle station, reportedly for m

Market failure plagues multi-peril crop insurance

The Australian multi-peril crop insurance and drought insurance market is in disarray with providers exiting the market and a lack of products, according to the 2019 GrainGrowers Multi-Peril Crop Insurance report…Read More Source: Grain Central Market failure plagues multi-peril crop insurance

Racehorse rescue group posts urgent sale amid feed shortage

Chapel Lodge Standardbred Rescue and Rehabilitation says it is urgently looking for homes for its horses as drought-related feed shortages continue to affect stock owners across Australia. Source: ABC Livestock Racehorse rescue group posts urgent sale amid feed shortage

Feedgrain Focus: Grazier demand wanes as prices flatten

Many graziers and mixed farmers in central and northern NSW have destocked in the continuing dry conditions, and are not prepared to buy grain, as they did last year, at a premium to the volume market…Read More Source: Beef Central Feedgrain Focus: Grazier demand wanes as prices flatten

XE Market Analysis: Asia – Apr 23, 2019

The Dollar was higher in N.Y. on Tuesday, taking the DXY to a 22-month top of 97.78. Incoming U.S. data was mixed, though the firmer new home sales print helped the Greenback overall. Risk-on conditions following better U.S. earnings reports also supported, and took the S&P 500 above all-time closing highs. EUR-USD fell to 1.1193… Read more »

Weekly rainfall wrap + rain outlook, 24 April 2019

A SERIES of cold fronts has tracked across southern Australia, producing moderate falls in some areas. Onshore flow, and an upper level low and surface trough brought moderate falls to parts of eastern Australia…Read More Source: Sheep Central Weekly rainfall wrap + rain outlook, 24 April 2019

Dam desilting rebate now available in Qld

Primary producers in Queensland can now claim up to 25 percent of the cost of a private contractor to desilt a dam on their drought-declared property…Read More Source: Beef Central Dam desilting rebate now available in Qld

$250k loans for Cyclone Trevor affected producers

Primary producers directly affected during Severe Tropical Cyclone Trevor in North and Central West Queensland can apply for Disaster Assistance Loans of up to $250,000. ..Read More Source: Beef Central 0k loans for Cyclone Trevor affected producers

Dalby sale 24 April 2019: Prices respond to lower supply

Good quality light weight yearling steers returning to the paddock experienced very little change in price, however poor quality lines lost a further 11c/kg…Read More Source: Beef Central Dalby sale 24 April 2019: Prices respond to lower supply

Weekly genetics review: Setting targets for your first-calf heifers

For producers considering how to manage their first-calf heifers this year, they can use these results to set both a weight and fat parameter to aim for. Longer term selection for lower Days-to-calving EBVs and for slightly more positive fatness will have a marked effect on their herds to assist with their practical on-farm strategies… Read more »

XE Market Analysis: Europe – Apr 23, 2019

The Dollar is trading at modestly lower levels relative to the London interbank close last Thursday, which marked the close of liquid forex trading last week. Markets will be returning to full force today following the Easter holiday period. EUR-USD has settled near 1.1250, up from the two-week low seen last Thursday at 1.1226, which… Read more »

Shearer’s daughter Tahlia wins national wool classer competition

YOUNG New South Wales wool classer Tahlia Delaney is not expecting to have any trouble filling her shed work schedule this autumn and into winter…Read More Source: Sheep Central Shearer’s daughter Tahlia wins national wool classer competition

Vale Arthur Rickards

Arthur Rickards, who made an enormous contribution to genetic progress and agribusiness in the Australia beef cattle industry over close to half a century, has passed away aged 77, following a long battle with illness…Read More Source: Beef Central Vale Arthur Rickards

‘Days of loading cattle on your own are finished’: ramp safety push

Five deaths and 56 hospitalisations in three years are the sobering statistics behind an industry push for urgent improvements to livestock ramp safety standards in Victoria…Read More Source: Beef Central ‘Days of loading cattle on your own are finished’: ramp safety push

Guardian donkeys protecting the herd

A Queensland grazier turns to donkeys to ward off wild dogs and says he hasn’t lost a calf in a paddock patrolled by the feisty guardian asses. Source: ABC Livestock Guardian donkeys protecting the herd

Agricultural risk prevention better than cure: AFI

The Australian Farm Institute’s latest report calls on government to look at the benefits of risk mitigation instead of distress payments to farmers. ..Read More Source: Grain Central Agricultural risk prevention better than cure: AFI

Improved connectivity top priority in GrainGrowers’ election asks

Ahead of next month’s federal election, GrainGrowers has released its list of election asks, which include improved telecommunications connectivity, and wider applications for farm management deposits…Read More Source: Grain Central Improved connectivity top priority in GrainGrowers’ election asks

XE Market Analysis: Asia – Apr 22, 2019

The Dollar index lost modest ground in very light trade in N.Y. on Monday. Europe remained on holiday for the Easter break, contributing to the sluggish session. The DXY slipped marginally to 97.27 from 96.36 early in the session. Incoming data was light, and featured March existing home sales, which were softer than expected. EUR-USD… Read more »

Israel crop-monitoring platform expands to Australia

Global crop-monitoring platform Taranis is expanding into the Australian market through a partnership with distributor Landmark Australia and agrichemical company ADAMA Australia…Read More Source: Grain Central Israel crop-monitoring platform expands to Australia

Recruitment: Don’t underestimate the importance of the exit interview

Exit interviews can be an extremely effective way to obtain open, honest feedback that employers can use to make necessary improvements to enhance company image, aid retention and recruitment…Read More Source: Grain Central Recruitment: Don’t underestimate the importance of the exit interview

Is Australia's once bountiful supply of dairy products about to turn sour?

Australia is home to some of the best dairy operations in the world, but an analyst has warned that without a drastic increase in production the country could soon become an “import nation”. Source: ABC Livestock Is Australia’s once bountiful supply of dairy products about to turn sour?

Notre Dame's bees keep on buzzing after surviving fire

Footage of the Paris cathedral’s bees after the inferno has been met with joy after it was previously thought the insects could have perished glued together in molten wax. Source: ABC Livestock Notre Dame’s bees keep on buzzing after surviving fire

Lighter steers and heifers easier, as Easter trading slows on AuctionsPlus

Light steer and heifer categories tended to ease in price on AuctionsPlus this week, where cattle numbers offered reduced by more than half in the lead-up to Easter and Anzac Day trading week, with a total yarding of 7417 head recorded across four weekly sales…Read More Source: Beef Central Lighter steers and heifers easier,… Read more »

XE Market Analysis: Asia – Apr 18, 2019

The Dollar firmed in N.Y. trade on Thursday, taking the DXY to two-week highs of 97.48. Strong retail sales and trend low jobless claims supported the Greenback, following weaker EU PMI figures ahead of the open, which weighed on the Euro. EUR-USD touched 1.1227 lows, levels last seen on April 8. USD-JPY was supported by… Read more »

XE Market Analysis: The Euro Slumps to Six-Day Lows on Economic Outlook

OVERVIEW The US dollar is closing the week strongly, up 0.3% against other major currencies EUR/USD cracked below the 1.13 handle as exports contract WTI crude oil steadied at $64.50 Source: XE news feed XE Market Analysis: The Euro Slumps to Six-Day Lows on Economic Outlook

Notre Dame 'miracle' as cathedral's bees and hives survive fire

After the devastating loss from the Notre Dame cathedral fire, “an ounce of hope” is discovered by anxious French beekeepers, whose hives have survived the inferno. Source: ABC Livestock Notre Dame ‘miracle’ as cathedral’s bees and hives survive fire

XE Market Analysis: Europe – Apr 18, 2019

The Dollar majors have continued to ply narrow ranges, with EUR-USD continuing to orbit the 1.1300 level. USD-JPY has managed to grind slightly lower, matching Tuesday’s low at 111.84, though not surpassing it thus far. EUR-JPY and some other Yen crosses were also modestly lower. The price came with the MSCI Asia-Pacific (ex-Japan) equity index… Read more »

New test delivers lower cost option for females using genomic technology

A new genomic product for Angus seedstock cattle has been launched under a collaboration between Angus Australia and Neogen Australasia. Known as Angus uLD, the new product is an ultra-low density, low cost genomic product that has been developed specifically for genomically testing Australian Angus seedstock females…Read More Source: Beef Central New test delivers… Read more »

XE Market Analysis: North America – Apr 18, 2019

The Dollar has traded generally firmer, led by a sharp drop in EUR-USD following sub-forecast data out fo the Eurozone. EUR-USD broke out of its recent narrow orbit of 1.1300 and tumbled over 50 pips in printing an eight-day low low at 1.1243. The preliminary Eurozone April composite PMI dipped to 51.3, down from 51.6… Read more »

Weekly genetics review: DeSireBull – A refinement for searching sires

The increasing complexity of information available in the search for sires is often a topic of concern among bull buyers.Although producers value the data that is on offer, there is little doubt that many people find the process of searching through numbers overwhelming.This concern has led the NSW DPI to develop a simple platform to… Read more »

New cold storage facility drives efficiency for Warwick’s John Dee plant + VIDEO

A new regional cold storage facility which promises to reduce operational costs, expand storage capacity and increase product sorting capability will drive a new era for southern Darling Downs beef processor, John Dee…Read More Source: Beef Central New cold storage facility drives efficiency for Warwick’s John Dee plant + VIDEO

How successful was the Grill’d burger chain’s ‘Meatless Monday’?

Beef Central ventured into Grill’d burger restaurants on Monday to observe the customer response to the company’s ‘Meatless Monday’ promotion, and sample a couple of the much-hyped Beyond vege burgers. ..Read More Source: Beef Central How successful was the Grill’d burger chain’s ‘Meatless Monday’?

True Aussie symbol’s role in export markets

Amid the chilled meat cabinets of retailers across the world, how does Australian red meat differentiate itself from its many competitors, jostling for position in increasingly crowded export markets? Five years after its launch, the True Aussie symbol is now active in 34 key export markets, representing Australian beef, lamb and goatmeat, and is a… Read more »