Category: Uncategorized

Young steer prices easier as AuctionsPlus numbers swell

Most lighter steer categories eased in price on AuctionsPlus this week, with clearance rates continuing to soften as vendor expectations aren’t being met by the market. The post Young steer prices easier as AuctionsPlus numbers swell appeared first on Beef Central. Source: Beef Central Young steer prices easier as AuctionsPlus numbers swell

XE Market Analysis: Asia – Jan 18, 2019

The Dollar rallied through the morning session in N.Y. on Friday, taking the DXY to two-week highs of 96.39. Gains came following news that China may ramp up purchases of U.S. goods over the next 6-years, with the goal of eliminating the current trade imbalance. EUR-USD dropped to 1.1352 lows from highs near 1.1410, while… Read more »

XE Market Analysis: North America – Jan 18, 2019

A risk-back-on theme in global markets found expression in forex markets by weakening the Yen. USD-JPY lifted to a 16-day high of 109.59, while EUR-JPY has printed a three-day high, and AUD-JPY a one-month peak. The Yen’s softness has been concomitant with a revival in risk appetite in global markets, which was sparked by WSJ… Read more »

XE Market Analysis: Europe – Jan 18, 2019

The main theme has been Yen softness so far today, which has been concomitant with a revival in risk appetite in global markets. A WSJ report, citing unnamed sources, alleged that U.S. Treasury Secretary Mnuchin discusses lifting some or all of the tariffs imposed on Chinese imports. The Treasury denied the report, but it makes… Read more »

Ord ships 30,000t of corn to Korean dry miller + VIDEO

This summer, the Ord region of Western Australia is shipping its biggest ever tonnage of winter-grown corn for dry-milling in South Korea by Dong-Il Grain. The post Ord ships 30,000t of corn to Korean dry miller + VIDEO appeared first on Grain Central. Source: Grain Central Ord ships 30,000t of corn to Korean dry… Read more »

Why 2019 is a critical year for live exports

Australia’s livestock export industry has had its share of difficult years but there are several reasons why 2019 is set to be its most challenging yet. The post Why 2019 is a critical year for live exports appeared first on Beef Central. Source: Beef Central Why 2019 is a critical year for live exports

Tassie canola fills the bin at 5.5t/ha

It has been another high-yielding year for canola at Sisters Creek in north west Tasmania where Redbank Farming’s cropping manager, Michael Nichols, has just finished harvesting 13 hectares of Clearfield 970 that went 5.5 tonnes/hectare. The post Tassie canola fills the bin at 5.5t/ha appeared first on Grain Central. Source: Grain Central Tassie canola… Read more »

Cash for cruelty claims put Animals Australia’s actions in spotlight

Explosive reports published in News Limited papers this week have raised questions about the actions of animal rights groups and leaked videos they have shared showing cruelty on live export vessels.  The post Cash for cruelty claims put Animals Australia’s actions in spotlight appeared first on Beef Central. Source: Beef Central Cash for cruelty claims… Read more »

XE Market Analysis: Asia – Jan 17, 2019

The Dollar rallied in N.Y. on Thursday morning, supported by better than expected jobless claims and a firmer Philly Fed index. The DXY topped at 96.26, up from opening levels of 96.00, though later faded, largely as Cable touched two-month highs of 1.2980. EUR-USD bottomed at 1.1372 before heading back over 1.1390, while USD-JPY peaked… Read more »

Feedgrain Focus: Prices firm as cruel January hits sorghum

Hot and dry weather, and a pause in the arrival of vessels from Western Australia, have seen values for feedgrain lift in the past week as end-users bid up to book coverage for nearby delivery as yield outlooks slip for later-planted sorghum crops. The post Feedgrain Focus: Prices firm as cruel January hits sorghum appeared… Read more »

Recruitment: Staff retention – how to keep your best talent

Attraction and retention of staff in the cattle industry is not always favoured by changes in the external environment. Macro-economic conditions and competition from other sectors have led to a tight labour market and general staff shortages across the grazing sector. Here’s five points to consider in helping win the war in attracting good labour… Read more »

Video of the week: Droving…Chinese style

Every year a Chinese farmer walks his 5000 ducks through the coastal city of Taizhou to reach a nearby feeding pond, offering a masterful demonstration of stock handling skills. The post Video of the week: Droving…Chinese style appeared first on Beef Central. Source: Beef Central Video of the week: Droving…Chinese style

Dubbo sale 17 Jan 2018: Prices ease with hot dry conditions

With the cheaper markets throughout the week combined with the very hot conditions numbers were back by 425 for a yarding of 3075. The post Dubbo sale 17 Jan 2018: Prices ease with hot dry conditions appeared first on Beef Central. Source: Beef Central Dubbo sale 17 Jan 2018: Prices ease with hot dry… Read more »

Forum to explore food regulation in a rapidly changing environment

While the classic hamburger cooked in a local takeaway or café has barely changed since humans first started putting a meat patty between two buns, food regulation – and whether it’s fit for purpose given today’s rapidly changing technology – will come under the microscope at an upcoming industry stakeholder forum. The post Forum to… Read more »

XE Market Analysis: North America – Jan 17, 2019

The dollar largely gave back gains seen during the pre-Europe session in Asia. EUR-USD left a 13-day low at 1.1371 before recouping back to the 1.1400 level. AUD-USD also lifted after earlier printing an eight-day low at 0.7146, while USD-CAD ebbed back after posting a three-day high at 1.3309. Sterling rose moderately as it appears… Read more »

XE Market Analysis: Europe – Jan 17, 2019

An abatement in risk appetite has impacted currencies, driving moderate Yen outperformance and underperformance in the Dollar bloc and some emerging-world currencies. A side theme has been general Dollar gains, USD-JPY excepted, following the release of the Fed’s Beige Book survey yesterday, which found labour market tightness and rising wages. This has driven EUR-USD to… Read more »

Nhill grain figures are more than the whole of Queensland

Grain growers in one Victorian region are feeling buoyant after a good harvest, despite tough conditions across the east coast. Source: ABC Grain Nhill grain figures are more than the whole of Queensland

Foreign ownership of Australian farmland grows

Foreign ownership of Australian agricultural land rose by more than two million hectares last financial year, but the longer-term trend is reasonably stable, according to a report released by the Australian Taxation office. The post Foreign ownership of Australian farmland grows appeared first on Beef Central. Source: Beef Central Foreign ownership of Australian farmland… Read more »

'Last resort' charity saves sick pets from death

After spending $30,000 to save the life of her rescue dog, Jennifer Hunt started a pet charity to help people afford their vet bills, and has now saved more than 450 pets from being put down. Source: ABC Livestock ‘Last resort’ charity saves sick pets from death

African Swine Fever detected in travellers’ baggage entering Australia

In a sharp wake-up call for all livestock industries, African Swine Fever has been detected in samples of pig meat being smuggled into Australia through the post or by incoming travellers in their luggage, the Department of Agriculture has confirmed. The post African Swine Fever detected in travellers’ baggage entering Australia appeared first on Beef… Read more »

Seasonal climate outlook Feb-Apr 2019

Rainfall from February to April is likely to be below average for much of Western Australia, western South Australia, and much of eastern and southeastern Australia, with warmer than average days and nights are likely across the country. according to BOM’s latest three monthly outlook released today. The post Seasonal climate outlook Feb-Apr 2019 appeared… Read more »

Bureau statement on widespread and extended heatwaves

The Bureau of Meteorology has released a special climate statment describing the high temperatures that began over much of Australia in early December 2018 and have continued into January 2018 as an unusual extended period of heatwaves.  The post Bureau statement on widespread and extended heatwaves appeared first on Beef Central. Source: Beef Central Bureau… Read more »

XE Market Analysis: Asia – Jan 16, 2019

The Dollar was rangebound in N.Y. trade on Wednesday, seeing the DXY navigate a narrow 96.13 to 95.98 band. The Greenback faded some in early trade, though later steadied. For data, November trade prices fell less than expected, while the NAHB housing market index came in better than expected. Neither had much impact on the… Read more »

XE Market Analysis: PM May's Government Survives No-Confidence Vote

OVERVIEW Even though Labour Party Leader Jeremy Corbyn argued that PM May’s “zombie administration” is shuffling along, Theresa May survived a 325-306 vote.  GBP EUR firms up as investors feel a soft Brexit or delay is within reach.    USD EUR rises on news Germany recently barely avoided a recession  HIGHLIGHT Source: XE news… Read more »

Local Land Services’ tips on managing livestock in heat

With heat maximums exceeding 40 degrees Celcius this week, Local Land Services veterinarians in New South Wales are providing reminders to producers about steps that can be taken to minimise heat impacts on livestock. The post Local Land Services’ tips on managing livestock in heat appeared first on Beef Central. Source: Beef Central Local… Read more »

Dalby Sale 16 Jan 2019: Prices cheaper in 8200 head opening sale

All the usual restocker and feeder buyers operated, however compared to the last sale of 2018 prices were cheaper. The post Dalby Sale 16 Jan 2019: Prices cheaper in 8200 head opening sale appeared first on Beef Central. Source: Beef Central Dalby Sale 16 Jan 2019: Prices cheaper in 8200 head opening sale

XE Market Analysis: North America – Jan 16, 2019

The Dollar has traded mostly firmer. EUR-USD tipped back under 1.1400 and posted a 12-day low at 1.1377. The pair has been in a downward phase over the last week, and we expect this bias will remain dominant for now, given the backdrop Eurozone-slowing narrative. USD-JPY has lifted to a one-week high of 108.81, driven… Read more »

XE Market Analysis: Europe – Jan 16, 2019

The Dollar majors have been plying narrow ranges so far today. Cable, after surging well over 1% to a peak of 1.2890 following the expected Brexit deal rejection by the UK’s parliament, has settled near 1.2850. Much political uncertainty has now fallen upon the UK. Source: XE news feed XE Market Analysis: Europe –… Read more »

Brexit shaping up to have scenario like WWII

UK food manufacturers and producers are bracing for a crisis that could equal the disruption to trade that occurred during World War II. Source: ABC Livestock Brexit shaping up to have scenario like WWII

First cattle shipment from Port Alma to China

Cattle exporter North Australia Cattle Company has notched another first after successfully completing a shipment of 2200 cattle from Port Alma near Rockhampton to China over the Christmas/New Year period. The post First cattle shipment from Port Alma to China appeared first on Beef Central. Source: Beef Central First cattle shipment from Port Alma… Read more »

EYCI drops below 500c, northern livex steers edge higher to 335c

The Eastern Cattle Market Indicator dropped below 500c/kg for the first time in three months yesterday as cattle markets came under pressure from high temperatures, worsening dry conditions and big opening yardings. The post EYCI drops below 500c, northern livex steers edge higher to 335c appeared first on Beef Central. Source: Beef Central EYCI… Read more »

Sorghum primed for re-entry into Downs feedlot rations

With numbers on feed in eastern Australian feedlots again under pressure due to desperately dry conditions, sorghum is coming back into calculations as a feedgrain in Queensland and northern regions of NSW. Some Darling Downs lotfeeders that have not fed sorghum for the past six or seven years, says they would now have to ‘pull… Read more »

Grain Central stories that led the news in 2018

In a year of mixed fortunes for Australian grain growers, Grain Central takes a look back over the stories that led the news in the cropping world in 2018. The post Grain Central stories that led the news in 2018 appeared first on Grain Central. Source: Grain Central Grain Central stories that led the… Read more »

Roma store sale 15 Jan 2019: Market opens with almost 10,000 head

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: Market opens with almost 10,000 head appeared first on Beef Central. Source: Beef Central Roma store sale 15 Jan 2019: Market opens with almost 10,000 head

XE Market Analysis: Asia – Jan 15, 2019

The Dollar moved higher in N.Y. on Tuesday, despite the cooler U.S. PPI outcome. Wall Street rallied, which saw Treasury yields rise some, supportive of the Greenback. EUR-USD fell from 1.1455 highs to a 1.1381 low, while USD-JPY bottomed at 108.33 then bounced to 108.76 as stocks headed higher. USD-CAD topped at 1.3295 from 1.3224… Read more »

XE Market Analysis: Political Risks “Live” with Brexit Vote and US Government Shutdown

OVERVIEW The Dollar Index remains in positive territory but remains cautious amidst the prolonged and contentious government shutdown.  Gold is trading higher near $1,300 with investors seeking safe-haven assets NYMEX WTI Crude spiked 2.50% to trade near $52.00 a barrel. HIGHLIGHT Source: XE news feed XE Market Analysis: Political Risks “Live” with Brexit Vote… Read more »

Natural woody weed control claims an Australian first

A natural control agent that will help manage Parkinsonia, one of Australia’s most invasive introduced woody weeds, has become the first woody weed bioherbicide to be granted federal regulatory approval. The post Natural woody weed control claims an Australian first appeared first on Beef Central. Source: Beef Central Natural woody weed control claims an… Read more »

Weekly rainfall wrap + rain outlook, 16 Jan 2019

A trough linked with remnants of ex-tropical cyclone Penny and produced moderate falls in northern Queensland, while a trough brought moderate falls to eastern New South Wales. The post Weekly rainfall wrap + rain outlook, 16 Jan 2019 appeared first on Beef Central. Source: Beef Central Weekly rainfall wrap + rain outlook, 16 Jan 2019

XE Market Analysis: North America – Jan 15, 2019

The Yen weakened and Dollar bloc currencies rallied amid a risk-back-on sentiment in markets, with Asian stock markets and U.S. equity index futures rallying after China announced the implementation of economic stimulus measures following the release of weak trade data yesterday. The measures Beijing announced include increased tax cuts. USD-JPY ebbed back some after rallying… Read more »

XE Market Analysis: Europe – Jan 15, 2019

The Yen weakened and Dollar bloc currencies rallied amid a risk-back-on sentiment in markets, with Asian stock markets and U.S. equity index futures rallying after China announced the implementation of economic stimulus measures following the release of weak trade data yesterday. The measures Beijing announced include increased tax cuts. USD-JPY has rallied by 0.5% in… Read more »

Weekly kill: Grid offers on the slide, as scorching dry conditions continue into 2019

The disappointing lack of significant summer rain relief over the Christmas/New Year period is being reflected in opening gambit slaughter cattle offers from beef processors in Queensland and NSW this week. Saleyards markets have followed a similar trend. The post Weekly kill: Grid offers on the slide, as scorching dry conditions continue into 2019 appeared… Read more »

Laporan Pasar: Industri Daging Sapi Asia Tenggara – December 2018

Oversupply in Indonesian feedlots continues to push slaughter prices lower, as the trade waits for clarity on the future of the 5:1 feeder-breeder import policy. The post Laporan Pasar: Industri Daging Sapi Asia Tenggara – December 2018 appeared first on Beef Central. Source: Beef Central Laporan Pasar: Industri Daging Sapi Asia Tenggara – December… Read more »

Temora-based BFB sells majority stake to Canadian pension investor

One of Australia’s largest grain growers, BFB, has announced the sale of Proterra Investment Partners’ majority stake to the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers and a major investor in the Australian agricultural sector. The post Temora-based BFB sells majority stake to Canadian pension investor appeared first… Read more »

XE Market Analysis: Asia – Jan 14, 2019

The Dollar ended on a slightly softer footing in N.Y. trade on Monday, though ranges generally were relatively narrow. Due to the U.S. government shutdown, there were no data to move the market. Wall Street opened sharply lower on fallout from the overnight weak China trade data, though managed to pare losses through the session…. Read more »

XE Market Analysis: Is "No Brexit" Still an Option?

OVERVIEW The pound is stronger on ‘soft or no Brexit’ The Aussie Dollar is weaker on ‘risk off’ sentiment  Turkish Lira dips after Trump comments HIGHLIGHT The pound is stronger today and continues to trade around a 7-week high against the US Dollar. Reports have surfaced this afternoon that many Tory lawmakers may look to back… Read more »

Hides and offal prices continue to falter

Hides and most offal and by-product prices continued to come under pressure during 2018, reducing processor returns from each slaughter animal’s so-called ‘fifth quarter.’ The post Hides and offal prices continue to falter appeared first on Beef Central. Source: Beef Central Hides and offal prices continue to falter

Heatwave conditions spread across Australia

The Bureau of Meteorology has forecast severe to locally extreme heatwave conditions for large areas of South Australia, Victoria, NSW and the ACT, along with parts of northern Tasmania and southern Queensland for the remainder of this week, challening heat records and elevating fire danger ratings. The post Heatwave conditions spread across Australia appeared first… Read more »

XE Market Analysis: North America – Jan 14, 2019

A risk-off theme underpinned the Yen while weighing on the Dollar bloc currencies. AUD-JPY, NZD-JPY and CAD-JPY are all showing gains of over 0.5%. This came with Asian stock markets and oil and other resource commodity prices tumbling after China trade data showed imports down 7.6% y/y in December while exports contracted 4.4% y/y. AUD-USD… Read more »

XE Market Analysis: Europe – Jan 14, 2019

A risk-off theme underpinned the Yen while weighing on the Dollar bloc currencies. AUD-JPY, NZD-JPY and CAD-JPY are all showing gains of over 0.5%. This came with Asian stock markets and oil and other resource commodity prices tumbling after China trade data showed imports down 7.6% y/y in December while exports contracted 4.4% y/y. AUD-USD… Read more »

Southern Riverina aggregation sells for reported $60m

Prominent Melbourne businessman Tim Roberts-Thomson has sold his 33,000ha Southern Riverina aggregation, Juanbung and Boyong stations near Oxley, for a reported $60 million. The post Southern Riverina aggregation sells for reported $60m appeared first on Beef Central. Source: Beef Central Southern Riverina aggregation sells for reported m

SunRice profits slump in tough global trading environment

Sunrice has posted consolidated revenue of $582.9 million for the half year to 31 October 2018 (HY19) – a 7 per cent increase compared to the previous corresponding period ending 31 October 2017 (HY18) – while recording Net Profit after Tax (NPAT) of $13.9 million for the same period – a 42pc fall from the HY18 figure…. Read more »

Beef Central coverage resumes after holiday break

Beef Central is back at work this week, after our usual Christmas/New Year publishing break. The post Beef Central coverage resumes after holiday break appeared first on Beef Central. Source: Beef Central Beef Central coverage resumes after holiday break

How Vets Beyond Borders help to save lives one animal at a time

The doctors who volunteer with Vets Beyond Borders help animals in developing countries, where they respond following natural disasters, work to reduce dog populations and educate locals about animal welfare. Source: ABC Livestock How Vets Beyond Borders help to save lives one animal at a time

How your choice of a cheap carpet could send a unique Tasmanian sheep breed extinct

A sheep bred in Tasmania for carpet wool is under threat of dying out in the next decade because people are opting for cheaper products, but a breeder has frozen ram semen to safeguard their future. Source: ABC Livestock How your choice of a cheap carpet could send a unique Tasmanian sheep breed extinct

'Emotional blackmail' contributes to high vet suicide rate

Australia has been in the grip of a national veterinarian shortage as vets leave the profession due to long working hours, “emotional blackmail” and prolonged stress. Source: ABC Livestock ‘Emotional blackmail’ contributes to high vet suicide rate

Heifers ease, steers steady in AuctionsPlus opening 2019 sales

Heifer prices declined, while steers were firm to stronger in comparison with rates seen late last year in the first week of AuctionsPlus online cattle trading for 2019. The first week back saw 6776 cattle listed, with New South Wales again making up the majority of listings, followed by Victoria. The post Heifers ease, steers… Read more »

XE Market Analysis: Asia – Jan 11, 2019

The dollar rallied broadly in N.Y. on Friday, despite the benign CPI print. This saw EUR-USD fall to intra day lows of 1.1458 from 1.1535 early, and USD-JPY to 108.60 from 108.15. Talk of Turkish troop movement near the Syria border has been making the rounds, which could have prompted some safe-haven flow into the… Read more »

XE Market Analysis: Investors Growing Impatient with US Government Shutdown

OVERVIEW The Dollar Index remains in negative territory for the fourth consecutive week, amidst dovish Fed and continuing government shutdown.  Gold is up $2.15 as investors seek safe haven assets ahead of significant events risks with the Brexit vote due next week. HIGHLIGHT Source: XE news feed XE Market Analysis: Investors Growing Impatient with… Read more »

XE Market Analysis: North America – Jan 11, 2019

The Dollar has been trading on a softer footing. EUR-USD has settled back 1.1500 after Fed’s Clarida said that the central bank can afford to be patient, further affirming the shift-to-neutral change at the U.S. central bank, though the pair has remained below yesterday’s three-month peak at 1.1570. Source: XE news feed XE Market… Read more »

XE Market Analysis: Europe – Jan 11, 2019

The Dollar has retained a softer performance versus most currencies, particularly the Dollar bloc units, which are being floated by a backdrop of rising global equity markets. AUD-USD printed a one-month peak at 0.7220, and NZD-USD a three-week high at 0.6831. EUR-USD lifted back above 1.1500 after Fed’s Clarida said that the central bank can… Read more »

No bull: WA town has its own celebrity Brahman

Brucey the Bahman bull loves long walks on the beach, belly rubs ‘like a dog’, and has 700 Facebook friends. The loving pet is also changing the way people perceive Brahmans as fearsome bucking bulls. Source: ABC Livestock No bull: WA town has its own celebrity Brahman

XE Market Analysis: Asia – Jan 10, 2019

FX trade was relatively quiet in N.Y. on Thursday, though the dollar overall managed modest gains. A slightly lower than expected jobless claims outcome had little impact. Later, the dollar perked up a bit on Powell’s Q&A, with EUR-USD touching session lows of 1.1485, and USD-JPY picking up to 108.45. The Fed chair again used… Read more »

Police search for missing cattle near Rockhampton

Queensland detectives are appealing for information into the disappearance of 22 head of Friesian heifers and one Friesian steer. The post Police search for missing cattle near Rockhampton appeared first on Beef Central. Source: Beef Central Police search for missing cattle near Rockhampton

US Beef demand up 15pc since 2012

Consumer demand for beef at retail in the United States has risen by 15 percent in the past five years, according to survey data reported by the Beef Checkoff program.  The post US Beef demand up 15pc since 2012 appeared first on Beef Central. Source: Beef Central US Beef demand up 15pc since 2012

Japan opens market to British beef and lamb

Japan has re-opened its market to imports of British beef and lamb in a trade agreement expected to be worth £127 million (AUD $226 million) over the first five years of access – approximately £75 million (AUD $133m) for beef and £52 million (AUD $92m) for lamb.  The post Japan opens market to British beef… Read more »