Category: Uncategorized

XE Market Analysis: North America – Nov 24, 2017

The dollar traded mixed today, losing ground to the euro and, to a lesser extent, the pound, while grinding higher versus the yen and Canadian dollar, amongst other currencies. Strong data out of the Eurozone, today and yesterday, fed a bid for the euro, while the dollar settled against other currencies today after underperforming yesterday… Read more »

XE Market Analysis: Europe – Nov 24, 2017

The dollar has managed to find a footing, with USD-JPY recouping above 111.50, putting in a little distance from the two-month low seen at 111.06 during early trading yesterday. EUR-USD dipped under 1.1840 after earlier edging out a nine-day high of 1.1859. An evolving political crisis in Ireland seems to have encouraging some selling of… Read more »

$46m industry impact identified in early beef language reforms

Industry reforms already implemented as a result of the Beef Language White Paper recommendations are starting to deliver massive benefits to industry, stakeholders heard at an industry forum in Alice Springs on Wednesday. An analysis suggested an additional $46.4m in value would be delivered annually across the supply chain as a result of just one… Read more »

South Australian wool and sheep meat producer chooses MLA for progress

SOUTH Australian Merino breeder and sheep meat producer Andrew Michael has successfully chosen Meat & Livestock Australia over Australian Wool Innovation to progress his industry. The post South Australian wool and sheep meat producer chooses MLA for progress appeared first on Sheep Central. Source: Sheep Central South Australian wool and sheep meat producer chooses… Read more »

Capital investment will underpin future red meat productivity, Alice Springs audience told

The need for greater capital and investor confidence to underpin future red meat sector productivity growth was a theme visited several times at Wednesday’s industry forums and annual meetings held in Alice Springs. The post Capital investment will underpin future red meat productivity, Alice Springs audience told appeared first on Beef Central. Source: Beef… Read more »

Religious complaints against MLA lamb campaign upheld

COMPLAINTS against Meat & Livestock Australia’s latest spring lamb advertising initiative have been upheld, following an independent review’s finding against the Advertising Standard Bureau’s dismissal of religious opposition to the campaign. The post Religious complaints against MLA lamb campaign upheld appeared first on Sheep Central. Source: Sheep Central Religious complaints against MLA lamb campaign… Read more »

Energy costs a challenge for malting, oils

GrainCorp has cited concerns about the rising cost of energy and its impact on the bottom line for its malt-processing and edible oil divisions which rely heavily on it. The post Energy costs a challenge for malting, oils appeared first on Grain Central. Source: Grain Central Energy costs a challenge for malting, oils

Hassad Australia close to finalising sale of NSW and SA properties

QATAR-OWNED Hassad Australia expects to finalise the sale of several properties this year to fund a further investment in lamb and grain marketing and value-adding. The post Hassad Australia close to finalising sale of NSW and SA properties appeared first on Sheep Central. Source: Sheep Central Hassad Australia close to finalising sale of NSW… Read more »

Recruitment: Earning others’ trust in the workplace

Latest listings on Jobs Central recruitment page: Senior Member Services Officer – Angus Australia Junior Portfolio Manager-Regional NSW (Rimfire client) Production Overseer-Qld Ag Training Colleges Dozer Operator – Mt Spencer Station Property Manager-beef,grazing, cropping – Augathella QLD Junior Stock & Station Agent – Bowyer & Livermore Livestock Lamb Value Chain Manager – Hassad Australia Senior… Read more »

Grain transport costs unveiled in new report

National grain farmers’ representative body, GrainGrowers, has welcomed the release of report into the transport costs impacting on the grains industry which provides new insights into the $5.8 billion the sector spends on transport each year. The post Grain transport costs unveiled in new report appeared first on Grain Central. Source: Grain Central Grain… Read more »

Opinion: Land clearing – putting the cart before the horse?

Land clearing has become a very  emotional issue, almost an article of faith (a church) and has thus become polarised with very little common ground or common sense. Why has it become so? What was the reason for it? The post Opinion: Land clearing – putting the cart before the horse? appeared first on Beef… Read more »

Australian wool prices fall as buyers get more discerning

WOOL prices fell at Australian auctions this week, with finer Merino and crossbred clips the most-affected. The post Australian wool prices fall as buyers get more discerning appeared first on Sheep Central. Source: Sheep Central Australian wool prices fall as buyers get more discerning

Recruitment: Earning others’ trust in the workplace

There is no better starting point to nurturing one’s career in the red meat & livestock industry than establishing a foundation of mutual trust within the workplace – regardless of whether that is a feedlot, a processing plant or a stock camp. Regardless of your title or level of authority, trusting others and having others… Read more »

Cattle Council of Australia names new CEO

After holding its 2017 annual general meeting in Alice Springs earlier this week the Cattle Council of Australia has announced a Chief Executive Officer to replace Duncan Bremner, who resigned from the position in July.  The post Cattle Council of Australia names new CEO appeared first on Beef Central. Source: Beef Central Cattle Council… Read more »

Dubbo sale 23 Nov 2017: Market solid for most categories

A good quality yarding with a top selection of grown steers in prime condition a number of which had come off crops or have had grain assistance. The post Dubbo sale 23 Nov 2017: Market solid for most categories appeared first on Beef Central. Source: Beef Central Dubbo sale 23 Nov 2017: Market solid… Read more »

Dolly's skeleton shows her joints aged normally

The sheep was put to sleep amid concerns she was suffering age-related diseases, but concerns over a direct link between Dolly’s osteoarthritis and cloning were unfounded, researchers find. Source: ABC Livestock Dolly’s skeleton shows her joints aged normally

XE Market Analysis: North America – Nov 23, 2017

The dollar has remained on a weakening track following soft data out of the U.S. yesterday, which was followed up by the minutes to the recent Fed policy meeting highlighting policymaker concern about the persistence of benign inflationary readings. EUR-USD rallied to an eight-day high of 1.1847 while the USD index (DXY) concomitantly fell to… Read more »

XE Market Analysis: Europe – Nov 23, 2017

The dollar has remained on a downward path. USD-JPY extended the sharp decline of yesterday, logging a two-month low of 111.06 in a thin Asia-Pacific session, lacking Tokyo participation due to Japan’s version of thanksgiving, before settling around the 111.30 mark. EUR-USD logged an eight-day high of 1.1839 while the USD index (DXY) concomitantly fell… Read more »

Animal welfare, supply chain relationships front-of-mind for producers at Alice Springs

Animal welfare, ways to improve technology adoption and how to cultivate better collaborative supply chain relationships were the front-of-mind challenges raised by red meat producers during question time at industry forum sessions held yesterday in Alice Springs as part of the annual industry AGMs. The post Animal welfare, supply chain relationships front-of-mind for producers at… Read more »

Panel puts gene editing under the microscope

What can gene editing deliver for agriculture? Is regulation keeping up with this latest development in genetic technology? Will consumers accept it more readily than they have GMOs? The post Panel puts gene editing under the microscope appeared first on Grain Central. Source: Grain Central Panel puts gene editing under the microscope

In search of the best steak in Bali

Beef Central’s southeast Asian correspondent Ross Ainsworth recently conducted an interesting consumer experiment: Seeking out the best restaurant steak available on the Indonesian resort island of Bali. Included were samples from quality boxed beef imports from Australia, as well as Australian cattle imported live, and fed and slaughtered in Indo. Some of the results may… Read more »

XE Market Analysis: Asia – Nov 22, 2017

The dollar took it on the chin in N.Y. trade on Wednesday, taking the DXY to one-week lows of 93.44. Hawkish ECB speak from Coeure, who hinted at an end to QE in September next year. In addition, FX market jitters over Yellen comments on low inflation dented the dollar. EUR-USD topped at 1.1798 after… Read more »

Two new directors voted onto MLA board

MLA members supported the election of three directors to the MLA board at yesterday’s industry AGM in Alice Springs – an incumbent and two first-time boardmembers – one each from Queensland and South Australia. The post Two new directors voted onto MLA board appeared first on Beef Central. Source: Beef Central Two new directors… Read more »

XE Market Analysis: UK Budget Unveils Need for Increased Borrowing

OVERVIEW Chancellor Hammond plans to spend more over the next couple of years to offset the impact of Brexit. US consumer sentiment index dropped to 98.5 from 100.7 in October as we head towards the Thanksgiving holiday. The Euro demonstrates resilience despite the political uncertainty going into next year. HIGHLIGHT The UK budget gave first-time… Read more »

Brand Australia to underpin Australian exports

The Federal Government will develop a unified and cohesive national brand to promote Australian products in export markets. The post Brand Australia to underpin Australian exports appeared first on Beef Central. Source: Beef Central Brand Australia to underpin Australian exports

Dalby sale 22 Nov 2017: Feeder steer prices rise

Wide spread rain in some of the Western areas restricted some movements of cattle, although there were consignments from the Channel country, resulting in a smaller yarding of 4,043 head, down by 1,284. The post Dalby sale 22 Nov 2017: Feeder steer prices rise appeared first on Beef Central. Source: Beef Central Dalby sale… Read more »

Australian Beef Sustainability Framework backs MLA’s carbon-neutral commitment

The Australian Beef Sustainability Framework has backed MLA’s commitment made yesterday that the red meat industry should aim to be carbon-neutral by 2030. The post Australian Beef Sustainability Framework backs MLA’s carbon-neutral commitment appeared first on Beef Central. Source: Beef Central Australian Beef Sustainability Framework backs MLA’s carbon-neutral commitment

Woolies is grinding us down, flour producer says

Flour mill Laucke’s dispute with Woolworths deepens, with the SA company claiming six of its products have been pulled from shelves because of an ongoing cost dispute. Source: ABC Grain Woolies is grinding us down, flour producer says