Category: Uncategorized

XE Market Analysis: North America – Nov 16, 2018

The Dollar has traded mixed today, losing ground to a firmer Yen, Sterling and Australian Dollar, while gaining verses the Euro, which came under broader pressure. EUR-USD drifted nearly 50 pips lower to an intraday low of 1.1321 after earlier printing a one-week high at 1.1368. ECB President Draghi affirmed that the path to phasing… Read more »

XE Market Analysis: Europe – Nov 16, 2018

The Dollar has traded broadly softer while the Yen has been an outperformer as U.S. equity futures tipped lower after positive Wall Street session yesterday, and amid a flagging sentiment across Asian bourses, even though Chinese markets managed gains. A senior Trump administration official cited by Reuters said that China’s written response to trade demands… Read more »

Bondfields share Palgrove growth lessons with young beef producers

Today Palgrove is one of Australia’s largest and best known seedstock and commercial cattle operations, but once it was a small business owned by a young couple with ‘lots of ideas and quite a bit of debt’. Yesterday at the Young Beef Producers Forum in Roma, Prue and David Bondfield shared their story with a… Read more »

Wool growers opt to reduce compulsory levy to 1.5pc in historical protest vote

BIG wool growers protesting at Australian Wool Innovation’s governance record have played a key role in voting to reduce the compulsory levy on gross clip proceeds by 25 percent to 1.5pc in WoolPoll 2018. The post Wool growers opt to reduce compulsory levy to 1.5pc in historical protest vote appeared first on Sheep Central. … Read more »

54 years buying cattle – and still going strong

Fifty-four years buying cattle across far-flung regions of eastern and central Australia has provided a rich tapestry of experiences and friendships for popular Victorian cattle buyer David Ronalds. The post 54 years buying cattle – and still going strong appeared first on Beef Central. Source: Beef Central 54 years buying cattle – and still… Read more »

Sheep meat prices to stay strong, lamb above five-year average – Rabobank

AUSTRALIA’s sheep meat and beef producers are set to enjoy strong prices into next year, supported by a growing global appetite for meat amid limited supply availability, according to Rabobank’s just-released Global Animal Protein Outlook 2019. The post Sheep meat prices to stay strong, lamb above five-year average – Rabobank appeared first on Sheep Central. … Read more »

Middle East demand for boxed sheep meat continues to grow

MIDDLE East boxed lamb and mutton imports from Australia increased since the suspension of some live sheep trade operators in April this year, according to Meat & Livestock Australia. The post Middle East demand for boxed sheep meat continues to grow appeared first on Sheep Central. Source: Sheep Central Middle East demand for boxed… Read more »

Recruitment: Five tips to secure quality staff in a shrinking resource pool

Hiring the best people for your business is never easy, particularly when there is a small pool to choose from with the particular skills you need. It is fast becoming an employees’ market in many rural and regional areas, and that means fewer applicants who demand better employment offers. Here are five tips to making… Read more »

Fewer sheep cutting less wool to drop Australian clip to 305 million kgs

AUSTRALIA’S wool production for the current financial year is predicted to be 305 million greasy kilograms, almost 11 percent lower than in 2017-18, due to dry conditions, lower fleece weights and increased slaughter of sheep. The post Fewer sheep cutting less wool to drop Australian clip to 305 million kgs appeared first on Sheep Central. … Read more »

Sheep Producers Australia set to elect new president after 2018 AGM

SHEEP Producers Australia will need to elect a new president after current office-holder Allan Piggott was not among the two candidates recommended for election at the 2018 annual general meeting. The post Sheep Producers Australia set to elect new president after 2018 AGM appeared first on Sheep Central. Source: Sheep Central Sheep Producers Australia… Read more »

Australian wool price indicator lifts, but fine wool rates languish

PRICES for Australian wool prices improved for all but finer Merino types at auctions this week as buyer confidence improved. The post Australian wool price indicator lifts, but fine wool rates languish appeared first on Sheep Central. Source: Sheep Central Australian wool price indicator lifts, but fine wool rates languish

XE Market Analysis: Asia – Nov 15, 2018

Aside from a few modest gyrations, the Dollar was relatively steady in N.Y. trade on Thursday. Incoming U.S. data was supportive overall, though Brexit concerns largely saw traders sit on their hands through the day. EUR-USD moved from 1.1289 lows to 1.1340 highs, while USD-JPY bottomed at 113.10 as Wall Street fell, only to bounce… Read more »

Recruitment: Five tips to secure quality staff in a shrinking resource pool

Hiring the best people for your business is never easy, particularly when there is a small pool to choose from with the particular skills you need. It is fast becoming an employees’ market in many rural and regional areas, and that means fewer applicants who demand better employment offers. Here are five tips to making… Read more »

Not all forecasts predicting as dry a summer as BOM

The development of a positive Southern Annular Mode (SAM) and the chance of the Madden-Julian Oscillation (MJO) holding strength as it passes over Australia raises the possibility of increased moisture patterns over summer The post Not all forecasts predicting as dry a summer as BOM appeared first on Beef Central. Source: Beef Central Not… Read more »

Ag professionals to form national accreditation scheme

An industry-first national accreditation scheme for agricultural professionals will be launched later this month at the Brave New World – Ag to 2030 conference in Sydney. The post Ag professionals to form national accreditation scheme appeared first on Grain Central. Source: Grain Central Ag professionals to form national accreditation scheme

Dubbo sale 15 Nov 2018: Cattle to restockers lose ground

As seasonal conditions continue to worsen in most districts the young cattle to the restockers are losing ground though there is still very solid competition on the good quality feeder cattle coming through The post Dubbo sale 15 Nov 2018: Cattle to restockers lose ground appeared first on Beef Central. Source: Beef Central Dubbo… Read more »

XE Market Analysis: North America – Nov 15, 2018

The Dollar lifted out of lows while the Pound dove sharply as support for UK Prime Minister’s Brexit plan collapsed in dramatic fashion, with her Brexit secretary Dominic Raab and two of his cabinet colleagues quitting in protest about the compromises. Cable dove well over 1.5% to a low of 1.2751, building on the sharp… Read more »

XE Market Analysis: Europe – Nov 15, 2018

The Dollar has traded broadly softer, extending a them that has evolved over the last couple of days. Sterling has settled at moderately higher levels after rallying during the New York PM session on news that the UK government’s Cabinet approved the Brexit plan, though the odds for the plan passing in parliament look to… Read more »

From young start to selling millions of Australian cattle

Following his departure from the now publicly listed exporter Wellard earlier this month, Beef Central spoke to Indonesian based exporter Scot Braithwaite about his 40 years in the industry so far, his views on the current state of play and what he believes recent reviews and a new wave of regulation will mean for the… Read more »

Live export: ‘the greatest drought strategy Australia has’

The livestock export industry is the greatest drought strategy Australia has, Scot Braithwaite maintains. The post Live export: ‘the greatest drought strategy Australia has’ appeared first on Beef Central. Source: Beef Central Live export: ‘the greatest drought strategy Australia has’

Can SAM find the mojo to improve summer rain prospects?

While climate forecasters point to the recent development of an El Niño as a sign of dry times ahead, summer crop producers throughout the eastern farming zone may take heart from other climate indicators that are more optimistic about the likelihood of summer rains. The post Can SAM find the mojo to improve summer rain… Read more »

Small eastern crop halves GrainCorp’s FY18 profit to $71m

Reduced throughput in its eastern-states bulk-handling system has walloped the FY18 results for GrainCorp Ltd, which today announced an underlying net profit after tax (NPAT) for the year to 30 September of $71 million, half the FY17 result. The post Small eastern crop halves GrainCorp’s FY18 profit to $71m appeared first on Grain Central. … Read more »

Meatless Beyond Burger hits Australian supermarket shelves

Vegetarian beef pattie substitute Beyond Burger has started to appear on mainstream Australian supermarket shelves this month. Coles last week started stocking the product in its 200 NSW stores, and the IGA supermarket chain last week launched the patties across stores in NSW, Victoria and Western Australia. The post Meatless Beyond Burger hits Australian supermarket… Read more »

'There's going to be a riot': Changes to NT pastoral rent questioned

One of the Northern Territory’s largest cattle producers says a new system of calculating pastoral rent is unfair and will leave some stations with a big increase in their rental payments. Source: ABC Livestock ‘There’s going to be a riot’: Changes to NT pastoral rent questioned

Mysterious mass bee deaths in SA remain unexplained

Results from testing conducted by Primary Industries and Regions SA on dead bees from a town in the state’s mid-north are inconclusive. Source: ABC Livestock Mysterious mass bee deaths in SA remain unexplained

XE Market Analysis: Asia – Nov 14, 2018

The Dollar rallied slightly following the in-line U.S. CPI data, though later pulled back, resulting in the DXY falling from highs of 97.25 to lows of 96.86. The Greenback again turned higher after the London close. EUR-USD bottomed at 1.1276, while USD-JPY stayed down as Wall Street was crushed again, bottoming at 113.60 from 114.00… Read more »

Celebrity chef Curtis Stone back to champion Aussie beef

High-profile Australian chef Curtis Stone is back in Australia this month to help champion the Australian beef industry as he undertakes an epic road trip to film a new television series for a global audience. The post Celebrity chef Curtis Stone back to champion Aussie beef appeared first on Beef Central. Source: Beef Central … Read more »

BOM first-look climate outlook overview – December to February

The summer (December 2018 to February 2019) climate outlook indicates large parts of Western Australia are likely to be drier than average, BOM’s first-look climate outlook overview reported this morning. The post BOM first-look climate outlook overview – December to February appeared first on Beef Central. Source: Beef Central BOM first-look climate outlook overview… Read more »

Dalby Sale 14 Nov 2018: Most descriptions dearer

The supply of stock lifted by 1842 head to 6267, with cattle drawn from a wide area of the state. The post Dalby Sale 14 Nov 2018: Most descriptions dearer appeared first on Beef Central. Source: Beef Central Dalby Sale 14 Nov 2018: Most descriptions dearer