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.

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

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 The post Recruitment: Earning others’ trust in the workplace appeared first on Beef Central.

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Recruitment: Earning others’ trust in the workplace

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 transport costs unveiled in new report

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 of Australia names new CEO

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 a one-month low. 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.

Source: XE news feed
XE Market Analysis: North America – Nov 23, 2017

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 to a one-month low. The buck’s weakness follows soft initial claims and durable orders data out of the U.S.

Source: XE news feed
XE Market Analysis: Europe – Nov 23, 2017

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 Alice Springs appeared first on Beef Central.

Source: Beef Central
Animal welfare, supply chain relationships front-of-mind for producers at Alice Springs

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 surprise …     The post In search of the best steak in Bali appeared first on Beef Central.

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In search of the best steak in Bali

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 opening under 1.1740. USD-JPY printed near two-month lows of 111.51, slicing through its 200-day moving average in the process. USD-CAD remained heavy as WTI crude make two-plus year highs over $58. Cable meanwhile, was dragged higher by EUR-USD, topping at 1.3300.

Source: XE news feed
XE Market Analysis: Asia – Nov 22, 2017

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.

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Two new directors voted onto MLA board

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 buyers a boost with the stamp duty being axed for up to £300k, while the economic growth estimate was downgraded.

Source: XE news feed
XE Market Analysis: UK Budget Unveils Need for Increased Borrowing

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

Weekly property review: Wagyu interest generating its own mini property boom

Property buying activity specifically for Wagyu cattle production has been increasingly evident over the past two years, with several regions across the eastern seaboard emerging as favoured locations. Areas like the Hunter Valley and New England region in northern NSW have become Wagyu grazing ‘conversion hot-spots’ since 2016 and the trend has created its own pent-up buyer demand for suitable targets.     The post Weekly property review: Wagyu interest generating its own mini property boom appeared first on Beef Central.

Source: Beef Central
Weekly property review: Wagyu interest generating its own mini property boom

Bullying media and sheep producers on mulesing will lead to a ban, MLA leader warns

BULLYING media and producers who question the surgical mulesing of sheep will lead to a ban on the practice, Meat & Livestock Australia managing director Richard Norton told the 2017 MLA annual general meeting in Alice Springs today. The post Bullying media and sheep producers on mulesing will lead to a ban, MLA leader warns appeared first on Sheep Central.

Source: Sheep Central
Bullying media and sheep producers on mulesing will lead to a ban, MLA leader warns

Hassad sells showcase Raby, plus Glendale and Ungarra aggregations

Hassad Australia has entered into contracts for the sale of its showcase Warren district (NSW) grazing property Raby, plus the South Australian Glendale aggregation near Burra and Ungarra aggregation on the Eyre Peninsula. The post Hassad sells showcase Raby, plus Glendale and Ungarra aggregations appeared first on Beef Central.

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Hassad sells showcase Raby, plus Glendale and Ungarra aggregations

Red meat industry can be carbon-neutral by 2030, says MLA

AUSTRALIA’S red meat industry can become carbon neutral by 2030, Meat & Livestock Australia managing director Richard Norton told the company’s annual general meeting in Alice Springs this afternoon. Mr Norton said achieving the goal would put Australia head and shoulders above its competitors, giving consumers even more confidence in the quality and integrity of The post Red meat industry can be carbon-neutral by 2030, says MLA appeared first on Sheep Central.

Source: Sheep Central
Red meat industry can be carbon-neutral by 2030, says MLA

Satellites and helicopters watch the grass grow at Sundown Valley

The Statham family’s Sundown Pastoral Company at Kingstown west of Armidale in the New England area of NSW is Australia’s largest high performance pasture program, and one of the country’s largest cattle backgrounding operations. The post Satellites and helicopters watch the grass grow at Sundown Valley appeared first on Beef Central.

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Satellites and helicopters watch the grass grow at Sundown Valley

VFF calls for end to AWI-MLA rift, and renewed flystrike and mulesing research

A VICTORIAN Farmers Federation call for sheep industry co-operation on breech flystrike research is seeking to end the rift between Australian Wool Innovation and Meat & Livestock Australia on the issue. The post VFF calls for end to AWI-MLA rift, and renewed flystrike and mulesing research appeared first on Sheep Central.

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VFF calls for end to AWI-MLA rift, and renewed flystrike and mulesing research

Will farm advisers still exist in a robotic, digital age?

With crop monitoring and analysis increasingly being outsourced to the latest automated sensing technologies, will there still be a role for agronomists and farm advisers in the digital age of the future? The post Will farm advisers still exist in a robotic, digital age? appeared first on Grain Central.

Source: Grain Central
Will farm advisers still exist in a robotic, digital age?

Slaughter reporting issue raises concerns over transparency, competitiveness, says ACCC

ACCC’s Mick Keogh explained to red meat stakeholders attending the industry AGMs in Alice Springs today why reliable market information and objective performance data will be essential to future productivity gains in the red meat industry. The post Slaughter reporting issue raises concerns over transparency, competitiveness, says ACCC appeared first on Sheep Central.

Source: Sheep Central
Slaughter reporting issue raises concerns over transparency, competitiveness, says ACCC

Coles defends its actions in legal challenge by beef processor ACC

National supermarket retailer Coles has defended its actions, following the filing of an injunction by the company’s northern beef supply chain partner Australian Country Choice over breach of contractual obligations in beef/offal export. The post Coles defends its actions in legal challenge by beef processor ACC appeared first on Beef Central.

Source: Beef Central
Coles defends its actions in legal challenge by beef processor ACC

Weekly rainfall wrap, 22 Nov 2017

For the week to 21 November, rainfall was recorded in all States and Territories, except in the Pilbara, northern Gascoyne and central interior districts of WA. At the beginning of the week, a large cloudband associated with a cold front and surface trough tracked across southeastern Australia. Thunderstorms and showers produced moderate to locally heavy falls in the eastern half of SA, VIC, southwestern NSW and parts of southern Tasmania. The post Weekly rainfall wrap, 22 Nov 2017 appeared first on Beef Central.

Source: Beef Central
Weekly rainfall wrap, 22 Nov 2017

XE Market Analysis: Asia – Nov 21, 2017

The dollar was mostly sideways in N.Y. trade on Tuesday. with U.S. players winding activity down into Thursday’s Thanksgiving holiday. EUR-USD was contained to a 1.1714 to 1.1751 trading band, while USD-JPY dipped early to 112.18 on reported Japanese selling, before settling near 112. 35. USD-CAD steadied under 1.2800 on firmer oil prices, while cable was stuck on either side of 1.3230.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Nov 21, 2017

MLA appoints horticulture marketing man to domestic manager’s position

MEAT & Livestock Australia has appointed former Horticulture Innovation Australia marketing lead Graeme Yardy to the position of domestic market manager. The post MLA appoints horticulture marketing man to domestic manager’s position appeared first on Sheep Central.

Source: Sheep Central
MLA appoints horticulture marketing man to domestic manager’s position

Roma store sale 21 Nov: Market holds strong for smaller yarding

Yarding 3717 Change -2069 1900 steers and 1500 heifers were penned along with 600 cows and a small number of bulls. Quality was varied, being either exceptional or plain. All usual buyers were operating or represented and the market held very strong, even for the lesser quality. Yearling steers made to a top of 412.2c for The post Roma store sale 21 Nov: Market holds strong for smaller yarding appeared first on Beef Central.

Source: Beef Central
Roma store sale 21 Nov: Market holds strong for smaller yarding

XE Market Analysis: North America – Nov 21, 2017

The main event today was market reactions to news on Sunday that talks to form a new coalition government in Germany had collapsed. The euro initially dove before rebounding, tracking German stock markets higher as markets fine tuned their response to the shifting political landscape in Germany following the collapse of coalition talks on Sunday. EUD-USD stormed back to near net unchanged levels around 1.1780 after diving by over 0.5% in making a low at 1.1722 during early trade in Asia as markets initially reacted to the news.

Source: XE news feed
XE Market Analysis: North America – Nov 21, 2017

Weekly kill: Price shift suggest southern cattle should flow north, but will it happen?

There’s been a sharp rise in beef kills across eastern Australia last week, but the response has been artificially inflated by coming off a low base the week before due to weather, maintenance closures and other factors. Meanwhile a big price gap has opened up between grids in QLD and southern states – will there be some cross border raids going on by marauding northern processors? The post Weekly kill: Price shift suggest southern cattle should flow north, but will it happen? appeared first on Beef Central.

Source: Beef Central
Weekly kill: Price shift suggest southern cattle should flow north, but will it happen?

Young Beef Producers Forum: Tech enhancing, but also challenging, our comfort levels

Feeling uncomfortable yet? That question was posed more than once by AuctionsPlus’ CEO Anna Speer to 200 young beef producers on Friday as she took them on a fascinating, and at times confronting, journey into how emerging technologies are rapidly reshaping the rural and global landscape before our eyes. The post Young Beef Producers Forum: Tech enhancing, but also challenging, our comfort levels appeared first on Beef Central.

Source: Beef Central
Young Beef Producers Forum: Tech enhancing, but also challenging, our comfort levels

New Year recruitment drive for new Sheep Producers of Australia CEO

SHEEP Producers Australia is looking for a new chief executive officer after veterinarian Dr Kat Giles resigned after overseeing the body’s transition from its Sheepmeat Council of Australia origins. The post New Year recruitment drive for new Sheep Producers of Australia CEO appeared first on Sheep Central.

Source: Sheep Central
New Year recruitment drive for new Sheep Producers of Australia CEO

Ten quick farm facts to share, as Australia celebrates National Agriculture Day + VIDEO

National Agriculture Day, being celebrated today, has resonated strongly with Australian citizens, with social media, morning TV and city newspapers alive with conversations this morning about the contribution being made by people engaged in the ag sector. The post Ten quick farm facts to share, as Australia celebrates National Agriculture Day + VIDEO appeared first on Beef Central.

Source: Beef Central
Ten quick farm facts to share, as Australia celebrates National Agriculture Day + VIDEO

Surveying the red meat industries for improved profitability

How well does the red meat industry value product quality? It’s a question researchers at the University of New England are seeking answers for, and they are hoping to engage with lamb producers and other stakeholders along the supply chain to achieve it. The post Surveying the red meat industries for improved profitability appeared first on Sheep Central.

Source: Sheep Central
Surveying the red meat industries for improved profitability

ACC takes round one in legal fight against Coles

National supermarket retailer Coles today gave an undertaking at a Supreme Court of Queensland injunction hearing to not sell integrated beef producer and processor Australian Country Choice’s products to its overseas customers until a court hearing is heard next May. The post ACC takes round one in legal fight against Coles appeared first on Beef Central.

Source: Beef Central
ACC takes round one in legal fight against Coles

WoolProducers Australia urges growers to share stories on first AgDay + VIDEO

PEAK wool grower body WoolProducers Australia is encouraging people involved in agriculture and consumers to celebrate National AgDay today. The post WoolProducers Australia urges growers to share stories on first AgDay + VIDEO appeared first on Sheep Central.

Source: Sheep Central
WoolProducers Australia urges growers to share stories on first AgDay + VIDEO

XE Market Analysis: Euro Weakens After German Coalition Talks Fail

OVERVIEW British Pound is higher after news on the weekend increased financial settlement. The US Dollar is recovering some ground, doubts remain on tax reform. The Euro is weaker as German political risk and Draghi both weigh. The Turkish Lira is down over 1%, adding to Friday’s losses. HIGHLIGHT

Source: XE news feed
XE Market Analysis: Euro Weakens After German Coalition Talks Fail

Surveying the red meat industries for improved profitability

How the does the red meat industry value product quality? UNE researchers are conducting pioneering research that seeks to place a value on product quality information, and to compare the values expressed at the different stages of the supply chain – and they need the help of industry stakeholders. The post Surveying the red meat industries for improved profitability appeared first on Beef Central.

Source: Beef Central
Surveying the red meat industries for improved profitability

Aussie producers play a role in the fight against antibiotic resistance

As part of World Antibiotic Awareness Week (13-19 November), the Australian Veterinary Association (AVA) is highlighting the importance of veterinarians and farmers working together to use antibiotics responsibly in livestock. The post Aussie producers play a role in the fight against antibiotic resistance appeared first on Beef Central.

Source: Beef Central
Aussie producers play a role in the fight against antibiotic resistance

Wool grower campaign to assess AWI vote pack fall-out after Cocking loss

WOOL growers have started a campaign to assess the magnitude of unreceived Australian Wool Innovation pre-election voting papers and implement a full election audit. The post Wool grower campaign to assess AWI vote pack fall-out after Cocking loss appeared first on Sheep Central.

Source: Sheep Central
Wool grower campaign to assess AWI vote pack fall-out after Cocking loss

Young Beef Producers Forum: Five steps to getting started in ag

One of the most common questions Resource Consulting Services (RCS) general manager David McLean says he hears from young people in agriculture is this: with the price of land as high as it is, how do I actually make a start? The post Young Beef Producers Forum: Five steps to getting started in ag appeared first on Beef Central.

Source: Beef Central
Young Beef Producers Forum: Five steps to getting started in ag

Queensland harvest winding down, NSW and Vic holding up

As Queensland harvest draws to a close, the quality of receivals progressing southward through New South Wales and Victoria is holding up, amid on-again off-again rainy conditions. The post Queensland harvest winding down, NSW and Vic holding up appeared first on Grain Central.

Source: Grain Central
Queensland harvest winding down, NSW and Vic holding up

Small rise in live exports in October, trade eyes Turkey opportunity

Feeder and slaughter cattle exports edged above 66,000 head in October, five percent higher year-on-year. Meat & Livestock Australia says there are increased prospects for cattle exports to Turkey to expand, as the Turkish government targets a 700,000 head import quota in order to control domestic beef prices.  The post Small rise in live exports in October, trade eyes Turkey opportunity appeared first on Beef Central.

Source: Beef Central
Small rise in live exports in October, trade eyes Turkey opportunity

Live slaughter sheep trade to China could take years to develop

AUSTRALIA’S live slaughter sheep protocol with China was currently “completely uncommercial” and the trade might take years to mature, the 2017 LIVEXchange conference was told in Perth last week. The post Live slaughter sheep trade to China could take years to develop appeared first on Sheep Central.

Source: Sheep Central
Live slaughter sheep trade to China could take years to develop

National poll outlines extent of city-agriculture disconnect

STARTLING new research has revealed that Australians have grown disconnected from where their food and fibre comes from and are oblivious of the farm sector’s economic contribution. The post National poll outlines extent of city-agriculture disconnect appeared first on Sheep Central.

Source: Sheep Central
National poll outlines extent of city-agriculture disconnect

Lab-grown meat, insects, vege meat substitutes: Will they steal beef’s protein status?

Alternative proteins including plant-based meat substitutes, emerging insect or algae-based products and lab-grown meat patties are starting to successfully compete for the consumer’s ‘centre of the plate,’ an international report says. The post Lab-grown meat, insects, vege meat substitutes: Will they steal beef’s protein status? appeared first on Beef Central.

Source: Beef Central
Lab-grown meat, insects, vege meat substitutes: Will they steal beef’s protein status?

Competitor watch: Is the US nearing the top of its beef production cycle?

US beef production is expected to continue to grow in the next two years, thanks to an expanding beef cow herd, good pasture conditions and ample feed supplies. The rate of herd growth is expected to slow, however, as US cow-calf producer profits have eroded considerably in the last two years. The post Competitor watch: Is the US nearing the top of its beef production cycle? appeared first on Beef Central.

Source: Beef Central
Competitor watch: Is the US nearing the top of its beef production cycle?

Live export industry celebrates young and lifetime achievers

AUSTRALIAN livestock exporters have celebrated two of their highest achievers at the industry’s annual Gala Dinner in Perth on Thursday night, held as part of the LIVEXchange 2017 conference last week The post Live export industry celebrates young and lifetime achievers appeared first on Sheep Central.

Source: Sheep Central
Live export industry celebrates young and lifetime achievers

International Economic Week in Review: The Synchronous Expansion Continues

            Global economic news from the OECD big seven continues showing a world economy with link synchronous growth.  The EU is entering its second year of above-trend growth.  There’s no reason to believe this trend will not continue for the next 3 to 6 months.  Japan is also enjoying strong growth, largely as a result of a cheap yen stimulating exports.  Australia has emerged from a recent spate of moderate economic weakness caused by a shift from natural resource lead growth two broader sources of expansion.  While news from the UK continues pointing ports modest…

Source: XE news feed
International Economic Week in Review: The Synchronous Expansion Continues

US Economic Week in Review: The Economy Is Humming Along Nicely

            The good news for the U.S. is that its economy continues to expand at a strong rate.  This week, two coincident indicators – retail sales and industrial production – were released.  Both grew strongly.  After hurricane caused spikes, initial unemployment claims have returned to previously low levels.  While the financial markets were mixed, they remain at high levels, indicating investors have confidence in the next 3-6 months of economic growth.

Source: XE news feed
US Economic Week in Review: The Economy Is Humming Along Nicely

US Bond Market Week in Review: The Fed's Inflation Problem With Illustrations

            The Federal Reserve has an inflation problem.  No, inflation is not too hot.  In fact, it’s too cold.  More importantly, the Fed continues to rgue inflation will eventually hit and maintain 2%.  But the underlying trend says otherwise.              First, the PCE implicit price deflator is the Fed’s preferred inflation measure (This document from the BEA explains the differences between this and CPI).  Let’s begin by looking at the 3, 6 and 12 month moving average of the overall PCE price index.

Source: XE news feed
US Bond Market Week in Review: The Fed’s Inflation Problem With Illustrations

Weekly Indicators: yield curve flatter but still positive edition

October data was almost all positive, including significant increases in housing permits and starts, a big jump in industrial production and capacity utilization, and increase in both nominal and real retail sales, and subdued consumer inflation. Producer prices did jump more than expected.  

Source: XE news feed
Weekly Indicators: yield curve flatter but still positive edition

XE Market Analysis: Asia – Nov 17, 2017

The dollar attempted a modest rally after better U.S. housing starts data, though given the backdrop of White House Subpoenas and doubts over the ability of the GOP to pass tax reform, ultimately faded to near rlows of the week. Wall Street lost ground as gold rallied, leaving the risk backdrop very soggy to end the week. USD-JPY fell to one-month lows of 111.95, as EUR-USD again topped over the 1.1800 mark. USD-CAD rallied early on cooler Canada CPI, though oil prices firmed up through the session, tkaing the pairing back into 1.2760.

Source: XE news feed
XE Market Analysis: Asia – Nov 17, 2017

XE Market Analysis: US Dollar Ends on a Weak Note

OVERVIEW US Dollar slips on a report that the Special Counsel subpoenaed Trump’s election campaign for documents. Canadian inflation drops to 1.4% and weakens the Loonie. US Dollar slips as investors watch for progress on tax reform bill. Bitcoin hits an all-time high on software upgrade rumors.  HIGHLIGHT

Source: XE news feed
XE Market Analysis: US Dollar Ends on a Weak Note

XE Market Analysis: North America – Nov 17, 2017

The dollar is lower on reports about the Trump administration having last month been served a subpoena from the special council Mueller requesting documents relating to Russia, according to the WSJ. Separately, the House Judiciary Committee sent a letter to the attorney of Jared Kushner, Trump’s son-in-law and senior advisor, asking for more information about a “Russian backdoor overture and dinner invite.” The narrow trade-weighted USD index (DXY) is presently showing a 0.3% loss, earlier logging a two-session low at 93.52.

Source: XE news feed
XE Market Analysis: North America – Nov 17, 2017

XE Market Analysis: Europe – Nov 17, 2017

The dollar has been trading mixed so far today, losing ground to the yen, euro and sterling, while gaining versus the Australian dollar, other dollar bloc currencies, and most emerging market units. USD-JPY was the biggest mover, logging a one-month low at 112.39. The mixed performance of the dollar follows a mixed set of data releases yesterday, which on net, along with Fedspeak, still left the Fed on track to hike rates at the upcoming FOMC meeting in December, and beyond.

Source: XE news feed
XE Market Analysis: Europe – Nov 17, 2017

South Australia likely to extend GM crop ban

The ban on genetically modified (GM) crops in South Australia is likely to be extended after the state’s Upper House passed, by one vote, a Greens motion to extend the prohibition to 2025. The post South Australia likely to extend GM crop ban appeared first on Grain Central.

Source: Grain Central
South Australia likely to extend GM crop ban

WA harvest passes three-million-tonne mark

More than three million tonnes of grain have been received so far into the CBH Group’s system in Western Australia as the WA harvest gathers pace after thunderstorms created havoc earlier in the month. The post WA harvest passes three-million-tonne mark appeared first on Grain Central.

Source: Grain Central
WA harvest passes three-million-tonne mark

XE Market Analysis: Asia – Nov 16, 2017

Generally soft incoming U.S. data weighed on the dollar early in the N.Y. session on Thursday, as import prices were soft, jobless claims higher than forecast, and the Philly Fed index falling more than expected. Stronger industrial production later supported the greenback, though it was later in the session that saw the unit move to session highs. The dollar began moving broadly higher during the House tax vote, and took another step higher on its passage. EUR-USD faded from near 1.1775 to match earlier 1.1760 lows, as USD-JPY made its way from 112.80 to 113.05 highs.

Source: XE news feed
XE Market Analysis: Asia – Nov 16, 2017

Australian Wool Innovation AGM mail-out and voting system inquiry call

THE nation’s peak wool grower body and an Australian Wool Innovation director candidate have called for an investigation into the company’s voting system and 2017 annual general meeting mail-out. The post Australian Wool Innovation AGM mail-out and voting system inquiry call appeared first on Sheep Central.

Source: Sheep Central
Australian Wool Innovation AGM mail-out and voting system inquiry call

XE Market Analysis: Euro Slips as Risk Appetite Returns

OVERVIEW US Dollar data continues to show that the economy is growing at a robust pace. The Euro is under pressure as wide and negative rate differentials back in focus.  Retail sales for the Pound fall for the first time in 4 years, with the Brexit tone upbeat. Canadian Dollar is lifted by manufacturing sales data. Stocks are back in a positive territory, oil remains soft on high US supply. HIGHLIGHT

Source: XE news feed
XE Market Analysis: Euro Slips as Risk Appetite Returns

Modest progress in chilled beef access to China

An additional beef abattoir and four cold storage facilities have been added to the list of approved establishments for chilled beef export to China, following high-level government-to-government dialogue last Friday. The post Modest progress in chilled beef access to China appeared first on Beef Central.

Source: Beef Central
Modest progress in chilled beef access to China

AA Co shares in sharp slide after half-year loss result

Shares in the listed AA Co have fallen sharply since Wednesday’s release of results for the April-to-September half-year showing a loss of $37.7 million, compared with earnings of $47.9m for the corresponding period the year before. The post AA Co shares in sharp slide after half-year loss result appeared first on Beef Central.

Source: Beef Central
AA Co shares in sharp slide after half-year loss result

XE Market Analysis: North America – Nov 16, 2017

EUR-USD carved out a fresh low at 1.1767, breaching yesterday’s low by 1 pip and marking a 94 pip decline from yesterday’s one-month peak. The move largely reflected a bid for the dollar, a rebound following a several-day phase of underperformance, while the euro is trading mixed versus other currencies, firmer against the yen and Swiss franc, but weaker against the pound. The release of as-expected final October inflation data out of the Eurozone has had little impact. Decent selling interest is reportedly clustered around the 1.1800 level in EUR-USD.

Source: XE news feed
XE Market Analysis: North America – Nov 16, 2017

XE Market Analysis: Europe – Nov 16, 2017

The dollar has rebounded today after several days of losses against its main peers. USD-JPY led the way, tracking a rebound in risk appetite in Asian equity markets, aided by encouraging corporate earnings reports and a stabilization in oil and other commodity prices. The pair has logged an intraday high at 113.25, which is 2 pips shy of yesterday’s peak and up from yesterday’s four-week low at 112.48. EUR-USD ebbed to a low of 1.1775, down over 80 pips from yesterday’s peak.

Source: XE news feed
XE Market Analysis: Europe – Nov 16, 2017

Pearls of wisdom from Day 1 of Roma’s Young Beef Producers Forum + PICS

More than 200 young cattle producers from almost every state of Australia have gathered in Roma, the home of Australia’s largest cattle selling centre,  this week for the 2017 Young Beef Producers Forum. The post Pearls of wisdom from Day 1 of Roma’s Young Beef Producers Forum + PICS appeared first on Beef Central.

Source: Beef Central
Pearls of wisdom from Day 1 of Roma’s Young Beef Producers Forum + PICS

Recruitment: Upsurge in ag enrolments heightens need for work experience opportunities

A resurgence in student enrolments in the agricultural sciences at universities across Australia has exposed the need for stronger linkages to be built between universities and the agricultural industry. The post Recruitment: Upsurge in ag enrolments heightens need for work experience opportunities appeared first on Beef Central.

Source: Beef Central
Recruitment: Upsurge in ag enrolments heightens need for work experience opportunities