Prices soften for young steer and heifer categories on AuctionsPlus

Prices in most young steer and heifer weight categories trended down on AuctionsPlus this week, in places sharply. Two thirds of this week’s offering those comprising young cattle listed on the weekly Weaner & Yearling Sale, where lotfeeders were active. The post Prices soften for young steer and heifer categories on AuctionsPlus appeared first on Beef Central.

Source: Beef Central
Prices soften for young steer and heifer categories on AuctionsPlus

XE Market Analysis: Asia – Aug 17, 2018

The Dollar index dipped early N.Y. trade on Friday, bottoming at 96.22 after opening near 96.50. Incoming U.S. data was mixed, with consumer sentiment missing the mark, while leading indicators were better than consensus. The data has little impact on FX, with the Greenback slipping ahead of the numbers. A calm Turkish Lira allowed the USD to decline into the weekend. EUR-USD made its way from 1.1380 to 1.1422 highs, while USD-JPY ranged between 110.52 and 110.59, while USD-CAD fell to 1.3068 following hotter Canada CPI. Cable was steady over 1.2725.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Aug 17, 2018

XE Market Analysis: North America – Aug 17, 2018

A fresh 6%-plus dive in the Turkish Lira, which broke a four-day recovery run, rattled global markets, and pushed the likes of the South African Rand lower while buoying both the Dollar, Yen and Swiss Franc, as European stock markets and S&P 500 futures turned lower. EUR-USD earlier pegged a three-day high at 1.1419 on the back of broader Dollar selling before reversing quiet sharply, back under 1.1380.

Source: XE news feed
XE Market Analysis: North America – Aug 17, 2018

Animal-source foods remain critical to the world’s rural poor

The vital role of livestock to the health, nutrition and incomes of the world’s poor is often ignored or omitted from current global narratives about the impact of the livestock sector on the environment or human health. The post Animal-source foods remain critical to the world’s rural poor appeared first on Beef Central.

Source: Beef Central
Animal-source foods remain critical to the world’s rural poor

XE Market Analysis: Europe – Aug 17, 2018

The Dollar majors have been trading within yesterday’s ranges, lacking fresh leads and with market participants keeping a weather eye on how developments from this era of tariffs and sanctions will evolve. EUR-USD has been making time in the upper 1.1300s while USD-JPY has been lodged in the upper 110.0s. Stock markets have remained stable, and the PBoC lifted the Yuan’s at the fixing today, which prompted a bid, albeit modest, for the Australian Dollar. AUD-USD lifted about 25 pips in posting a 0.7280 high before turning lower, leaving yesterday’s four-day peak at 0.7286 unchallenged.

Source: XE news feed
XE Market Analysis: Europe – Aug 17, 2018

China’s African Swine Fever detection in pigs could change global meat dynamics

The discovery this week of a serious and highly infectious disease in China’s massive pig population has the potential to dramatically disrupt world meat protein trade flows for all species, including beef, independent analyst Simon Quilty suggests….. The post China’s African Swine Fever detection in pigs could change global meat dynamics appeared first on Beef Central.

Source: Beef Central
China’s African Swine Fever detection in pigs could change global meat dynamics

Scientists finally crack the wheat code

Scientists have finally cracked the genome sequence of bread wheat, paving the way for the production of wheat varieties better adapted to climate challenges, with higher yields, enhanced nutritional quality and improved sustainability. The post Scientists finally crack the wheat code appeared first on Grain Central.

Source: Grain Central
Scientists finally crack the wheat code

AWI ignores national wool grower calls for 1pc levy option in WoolPoll 2018

AUSTRALIAN Wool Innovation has ignored grower calls to include a 1 percent option in the WoolPoll 2018 options to be announced next week, despite a recent claim the company was listening to its levy payers. The post AWI ignores national wool grower calls for 1pc levy option in WoolPoll 2018 appeared first on Sheep Central.

Source: Sheep Central
AWI ignores national wool grower calls for 1pc levy option in WoolPoll 2018

BeefConnect Webinar: Phosphorous supplementation for improved productivity and profitability

In this webinar, join Tim Schatz (NT Department of Primary Industry and Resources) and Simon Quigley (University of QLD) when they discuss the research findings of two phosphorous projects in more detail and how phosphorous supplementation can improve productivity and profitability of northern beef businesses. The post BeefConnect Webinar: Phosphorous supplementation for improved productivity and profitability appeared first on Beef Central.

Source: Beef Central
BeefConnect Webinar: Phosphorous supplementation for improved productivity and profitability

Recruitment: The impact of poor Human Resources practices

Whether yours is a large agribusiness organisation with a dedicated Human Resources department, or a small cattle grazing business where you look after the personnel function yourself, you need to take care of this important part of your business. The post Recruitment: The impact of poor Human Resources practices appeared first on Beef Central.

Source: Beef Central
Recruitment: The impact of poor Human Resources practices

XE Market Analysis: Asia – Aug 16, 2018

The dollar index slipped early in N.Y. trade on Thursday, driven down by softer U.S. data, and a rallying Turkish Lira. By mid-morning, however, the Greenback had perked up again, lifting the DXY to 96.76 highs from 96.32 lows. EUR-USD fell from 1.1409 highs to 1.1349. USD-JPY rallied from 110.56 lows to peak at 111.11. USD-CAD remained firm on soft oil prices, and concerns that a NAFTA deal may not be coming in the near future. Cable fell back from 1.2754 highs to bottom at 1.2694.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Aug 16, 2018

Recruitment: The impact of poor Human Resources practices

Whether yours is a large agribusiness organisation with a dedicated Human Resources department, or a small farming business where you look after the personnel function yourself, you need to take care of this important part of your business. The post Recruitment: The impact of poor Human Resources practices appeared first on Grain Central.

Source: Grain Central
Recruitment: The impact of poor Human Resources practices

Recruitment: The impact of poor Human Resources practices

Whether yours is a large agribusiness organisation with a dedicated Human Resources department, or a small lamb or wool business where you look after the personnel function yourself, you need to take care of this important part of your business. The post Recruitment: The impact of poor Human Resources practices appeared first on Sheep Central.

Source: Sheep Central
Recruitment: The impact of poor Human Resources practices

SA Fullblood Wagyu supply chain program earns national food award

The de Bruin family’s Mayura fullblood Wagyu supply chain produced on South Australia’s Limestone Coast has won a major trophy in the 2018 Delicious awards, one of the country’s most prestigious national food industry recognitions. The post SA Fullblood Wagyu supply chain program earns national food award appeared first on Beef Central.

Source: Beef Central
SA Fullblood Wagyu supply chain program earns national food award

Property: Hassad’s $70m Telopea Downs sale sets Vic record

Qatar-owned Hassad Australia has offloaded its 47,677ha Telopea Downs Station in western Victoria for more than $70 million, in what could be the largest single farm transaction in the state’s history. The post Property: Hassad’s $70m Telopea Downs sale sets Vic record appeared first on Beef Central.

Source: Beef Central
Property: Hassad’s m Telopea Downs sale sets Vic record

XE Market Analysis: North America – Aug 16, 2018

The Dollar and Yen retreated against most other currencies amid a revival in risk appetite on news that U.S. and China have agreed on a new round of trade talks, while the Turkey Lira gain for a third straight session. The USD index (DXY) pegged a two-day low at 96.41 before recouping to the 96.60 area, while EUR-USD is concurrently printed a two-session high of 1.1397, putting in some space from yesterday’s 13-month low at 1.1316. USD-JPY has settled in the upper 110.0s after printing a low in Tokyo at 110.46.

Source: XE news feed
XE Market Analysis: North America – Aug 16, 2018

Agtech: Data will help you dodge drought impact

Exactly when is the right time for us to talk about drought and how we can better manage it? It seems no one wants to openly talk about it or listen to it when times are good and grass is plentiful; however that’s precisely when we should start planning for it…. and using agtech alongside management should be at the centre of discussion. The post Agtech: Data will help you dodge drought impact appeared first on Beef Central.

Source: Beef Central
Agtech: Data will help you dodge drought impact

Advancing digital agriculture, from point solutions to platforms

Food systems innovation expert and CEO of global food and agriculture strategy firm AgThentic, Sarah Nolet, suggests that Australia’s digital technologies sector will need to adapt to the current expectations and capabilities of Australian farmers and the realities of Australian agricultural environments. The post Advancing digital agriculture, from point solutions to platforms appeared first on Beef Central.

Source: Beef Central
Advancing digital agriculture, from point solutions to platforms

WA live sheep and cattle exporters cautious on regulation change

LIVESTOCK exporters are not rushing to organise sheep and cattle shipments despite a change to the departmental approval regulations aimed at addressing an activist threat of legal action. The post WA live sheep and cattle exporters cautious on regulation change appeared first on Sheep Central.

Source: Sheep Central
WA live sheep and cattle exporters cautious on regulation change

XE Market Analysis: Europe – Aug 16, 2018

Both the Dollar and Yen have weakened today, giving back recent gains amid an improvement in risk appetite. The U.S. and China have agreed on a new round of trade talks, while Turkey has managed to halt the rout of the Lira and secure major investments from Qatar and China’s Alibaba. The USD index (DXY) is showing a 0.3% decline, at 96.44, heading into the London interbank open, while EUR-USD is concurrently showing a 0.3% gain, earlier printing a two-session high of 1.1397, putting in some space from yesterday’s 13-month low at 1.1316.

Source: XE news feed
XE Market Analysis: Europe – Aug 16, 2018

New $5m Berrimah Yards take first cattle as Darwin exports rise to three-year-high

The Berrimah Export Yards has received its first intake of cattle following a $5 million upgrade, giving a timely boost to pre-export quarantine capacity in Darwin as monthly cattle export volumes nudge back toward a three year high. The post New $5m Berrimah Yards take first cattle as Darwin exports rise to three-year-high appeared first on Beef Central.

Source: Beef Central
New m Berrimah Yards take first cattle as Darwin exports rise to three-year-high

Building trust in Australian red meat products in China

Pre-packaging of retail-ready beef products in Australia was just one strategy likely to reduce risk of food counterfeiting in export markets like China, the International Congress of Meat Science and Technology was told in Melbourne earlier this week. The post Building trust in Australian red meat products in China appeared first on Beef Central.

Source: Beef Central
Building trust in Australian red meat products in China

‘First look’ seasonal climate outlook released for Sep-Nov 2018

September and October likely to be drier than average for most of northern, eastern and southern Australia, with daytime temperatures likely to be above average for much of the country, according to the Bureau of Meteorology’s ‘first look’ seasonal climate outlook for September to November 2018, released this morning. The post ‘First look’ seasonal climate outlook released for Sep-Nov 2018 appeared first on Sheep Central.

Source: Sheep Central
‘First look’ seasonal climate outlook released for Sep-Nov 2018

‘First look’ climate outlook released for Sep-Nov 2018

September and October likely to be drier than average for most of northern, eastern and southern Australia, with daytime temperatures likely to be above average for much of the country, according to the Bureau of Meteorology’s ‘first look’ seasonal climate outlook for September to November 2018, released this morning. The post ‘First look’ climate outlook released for Sep-Nov 2018 appeared first on Beef Central.

Source: Beef Central
‘First look’ climate outlook released for Sep-Nov 2018

AWI to promote pain relief and non-mulesed wool as ‘musts’

NON-MULESED wool production and the use of pain relief for the surgical practice of mulesing are “musts” for wool growers, according to Australian Wool Innovation genetics and animal welfare advocacy program manager Geoff Lindon. The post AWI to promote pain relief and non-mulesed wool as ‘musts’ appeared first on Sheep Central.

Source: Sheep Central
AWI to promote pain relief and non-mulesed wool as ‘musts’

XE Market Analysis: Asia – Aug 15, 2018

The dollar index posted frosh near 14-month highs in N.Y. on Wednesday, topping at 96.98 before pulling back to 96.66 into the close. The Greenback rallied on safe-haven flows after Turkey imposed tariffs on U.S. goods, which saw equities and Treasury yields fall. The Euro in particular, was driven by movements in the Turkish Lira, which was extremely volatile through the session, taking EUR-USD to trend lows of 1.1301 as the Lira dropped, then back up to 1.1355 highs as reports of foreign investment into Turkey lifted the Lira.

Source: XE news feed
XE Market Analysis: Asia – Aug 15, 2018

Aussie dollar sinks to 20-month low

The Australian dollar has sunk to a 20-month low against the US dollar this week, on the back of renewed international trade tensions between the US and other markets, including China and Turkey. The post Aussie dollar sinks to 20-month low appeared first on Beef Central.

Source: Beef Central
Aussie dollar sinks to 20-month low

XE Market Analysis: North America – Aug 15, 2018

The Dollar has posted broad gains amid a backdrop of rekindling risk aversion. Turkey’s Erdogan escalated the confrontation with the U.S. by announcing tariffs on U.S. cars, alcohol and cigarettes. Chinese stocks came under pressure again, with the Shanghai Composite closing 2.1% for the worse, and the PBoC set the USD-CNY reference rate at 6.8856, the highest since May 2017, up from yesterday’s fixing at 6.8695. Both the Bank of Indonesia and the HKMA have intervened to support their respective currencies.

Source: XE news feed
XE Market Analysis: North America – Aug 15, 2018

XE Market Analysis: Europe – Aug 15, 2018

The Dollar has posted broad gains amid a backdrop of rekindling risk aversion. Turkey’s Erdogan escalating the confrontation with the U.S. by announcing tariffs on U.S. cars, alcohol and cigarettes. Chinese stocks came under pressure again, and the PBoC set the USD-CNY reference rate at 6.8856, the highest since May 2017, up from yesterday’s fixing at 6.8695. Both the Bank of Indonesia and the HKMA have intervened to support their respective currencies. The USD index (DXY) posted a 14-month high at 96.87 while EUR-USD concurrently printed a 13-month low at 1.1316.

Source: XE news feed
XE Market Analysis: Europe – Aug 15, 2018

Passion for agriculture underscores high-profile agribusiness career

Peter Reading’s passion and enthusiasm for Australian agriculture, and the cropping industry in particular, continues to burn fiercely after a long career at the upper levels of Australia’s agribusiness sector. The post Passion for agriculture underscores high-profile agribusiness career appeared first on Grain Central.

Source: Grain Central
Passion for agriculture underscores high-profile agribusiness career

Rod Polkinghorne: Why beef cuts should get the chop

By 2040 beef should no longer be sold by individual cut, such as rump steak or round steak or tenderloin, but by meal outcome descriptions, says MSA pathways committee chair and meat eating quality pioneer Rod Polkinghorne. The post Rod Polkinghorne: Why beef cuts should get the chop appeared first on Beef Central.

Source: Beef Central
Rod Polkinghorne: Why beef cuts should get the chop

Eyre Peninsula fodder fund points to depth of SA’s drought pocket

South Australia’s Lower Eyre Peninsula is responding to the need for feed on the drought-hit Upper Eyre Peninsula as crops fail and feed for sheep gets harder to find. The post Eyre Peninsula fodder fund points to depth of SA’s drought pocket appeared first on Grain Central.

Source: Grain Central
Eyre Peninsula fodder fund points to depth of SA’s drought pocket

NSW appoints advisor to watch for drought freight subsidy rorting

The New South Wales Government has appointed an independent advisor to monitor its Drought Transport Subsidy program and freight prices during drought, warning it will not tolerate anyone rorting or gaming the system.  The post NSW appoints advisor to watch for drought freight subsidy rorting appeared first on Beef Central.

Source: Beef Central
NSW appoints advisor to watch for drought freight subsidy rorting

FTAs set to deliver more benefits to Australian exporters: Coulton

New benefits are on the way for Australian exporters and investors through the continual upgrading of market access arrangements and Free Trade Agreements. The post FTAs set to deliver more benefits to Australian exporters: Coulton appeared first on Grain Central.

Source: Grain Central
FTAs set to deliver more benefits to Australian exporters: Coulton

Australia needs more lambs from its fewer ewes to unlock value

AUSTRALIA’S sheep producers will need to produce more lambs from fewer ewes to meet world sheep meat market demand and unlock value in a differentiated product, consultant Jason Trompf told the recent Lambex 2018 conference in Perth. The post Australia needs more lambs from its fewer ewes to unlock value appeared first on Sheep Central.

Source: Sheep Central
Australia needs more lambs from its fewer ewes to unlock value

XE Market Analysis: Asia – Aug 14, 2018

The Dollar index started Tuesday’s N.Y. session on a firmer footing, though later in the morning session took off to fresh trend highs of 96.78. U.S. data featured import and export prices, though there was little FX market impact. EUR-USD opened near 1.1405, and made its way to new lows of 1.1330 late in the session. USD-JPY took out buy-stops at 111.20 on its way to 111.31 highs. USD-CAD was range bound, but unable to hold the 1.31 handle. Cable slid to 1.2705, levels last seen on June 26 of last year.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Aug 14, 2018

Weekly rainfall wrap + 14 day rain outlook, 15 August 2018

Two cold fronts generated moderate falls in southwestern and southeastern Australia, while Western Tasmania had wet and windy conditions throughout the week. The post Weekly rainfall wrap + 14 day rain outlook, 15 August 2018 appeared first on Beef Central.

Source: Beef Central
Weekly rainfall wrap + 14 day rain outlook, 15 August 2018

Weekly genetics review: Getting rewarded for superior genetics

Inaugural winner of the Australian Registered Cattle Breeders Association young breeder scholarship, Brad Cavanagh, has just returned from a four-week trip to the US where he investigated the US Premium Beef Company, whose major goal is to capture the full value of superior genetics right through to slaughter for cattle breeders. The post Weekly genetics review: Getting rewarded for superior genetics appeared first on Beef Central.

Source: Beef Central
Weekly genetics review: Getting rewarded for superior genetics

XE Market Analysis: North America – Aug 14, 2018

The Dollar has weakened as Ankara’s successful efforts to halt the rout in the Turkish Lira have helped calm global markets. The Yen also softened as safe-haven premiums were unwound, while most the likes of the Euro and Australian Dollar traded firmer. EUR-USD been choppy around the 1.1400 level, so far holding within yesterday’s 1.1365 – 1.1431 range. USD-JPY recouped back to the 111.0 level after posting a seven-week low at 110.11 yesterday. The Pound ebbed back following the release of UK labour data after posting modest gains during the early London session.

Source: XE news feed
XE Market Analysis: North America – Aug 14, 2018

XE Market Analysis: Europe – Aug 14, 2018

Safe haven positioning were unwound some today, which saw the Dollar and Yen traded softer against most other currencies after Ankara managed to halt the rout of the Lira, which in turn brought a reprieve in still-fragile global markets. Most stock markets found a footing in Asia, and S&P 500 futures are showing a 0.3% gain, reversing most of yesterday’s regular-session’s losses, though Chinese market were an exception, declining after a batch of economic data showed the economy to have hit a rough patch, while investment growth was shown to have reached a record low.

Source: XE news feed
XE Market Analysis: Europe – Aug 14, 2018

Technologies offer solutions to protect beef brands against counterfeiting

Technologies are providing some exciting new possibilities to authenticate meat products and protect against substitution and counterfeiting, an international meat science congress being held in Melbourne was told yesterday.   The post Technologies offer solutions to protect beef brands against counterfeiting appeared first on Beef Central.

Source: Beef Central
Technologies offer solutions to protect beef brands against counterfeiting

SE Asia report: Indo prices firm for second month

Indonesian slaughter prices have firmed again for the second month in a row, Vietnam slaughter prices have also continued their movement upwards and Chinese prices are rising, Dr Ross Ainsworth in this month’s SE Asia market report. The post SE Asia report: Indo prices firm for second month appeared first on Beef Central.

Source: Beef Central
SE Asia report: Indo prices firm for second month

20 years of MSA: Where to next?

A 20 year journey to develop and evolve the MSA program has established a valuable foundation for the Australian cattle industry, with price signals going back to producers that reward eating quality and for meeting market specifications. The post 20 years of MSA: Where to next? appeared first on Beef Central.

Source: Beef Central
20 years of MSA: Where to next?

Exploring the risks and rewards of a vertically-integrated beef enterprise

A significant change in consumer behaviour is prompting some beef producers to look beyond the farm gate and into the realm of vertical integration, as communities place greater emphasis on quality, welfare and transparency. The post Exploring the risks and rewards of a vertically-integrated beef enterprise appeared first on Beef Central.

Source: Beef Central
Exploring the risks and rewards of a vertically-integrated beef enterprise

XE Market Analysis: Euro weakened by strong US Dollar and fears of potential contagion risk

OVERVIEW Sterling languishes over continued fears of no-deal Brexit. US Dollar continues its rise against a basket of currencies. The Euro dropped to a 13 month low against the US Dollar. HIGHLIGHT The Euro tested a new 13 month low against the US Dollar before recovering slightly. This is in part due to a strong Dollar but also due to fears of potential contagion risk, with growing concerns around the impact the weakened Turkish Lira could have on European banks.

Source: XE news feed
XE Market Analysis: Euro weakened by strong US Dollar and fears of potential contagion risk

Wagga sale 13 Aug 2018: Drover’s weaners expand yarding

Cattle numbers at Wagga increased to 4264 as a big mob of drover’s weaners and yearlings went under the hammer owing to the extremely dry conditions. However, the increased numbers and mixed quality did cause some price variations throughout the sale. The post Wagga sale 13 Aug 2018: Drover’s weaners expand yarding appeared first on Beef Central.

Source: Beef Central
Wagga sale 13 Aug 2018: Drover’s weaners expand yarding

Grain prices drive commodities higher in July

Higher grain prices drove the National Australia Bank’s Rural Commodities Index up 1.3pc in July, with prolonged dry conditions across Eastern Australia continuing to push feed prices higher. The post Grain prices drive commodities higher in July appeared first on Beef Central.

Source: Beef Central
Grain prices drive commodities higher in July

XE Market Analysis: North America – Aug 13, 2018

The Dollar and Yen rose while the Euro, Australian Dollar and other currencies dropped as risk-off went next level today as the Turkish Lira dove to new record lows, which in turn sparked risk aversion in other emerging market currencies. Ankara implemented raft of measures that successfully stopped the rout in the Lira, which in turn brought some respite to broader markets, though global stock markets remain down. The USD index (DXY) printed a fresh 13-month high at 96.52 and EUR-USD concomitantly hit a 13-month low at 1.1365 in pre-Europe trade in Asia before finding a toehold.

Source: XE news feed
XE Market Analysis: North America – Aug 13, 2018

XE Market Analysis: Europe – Aug 13, 2018

The Dollar and Yen rallied amid a coursing risk-off theme in markets, which has hit Asian stock markets, commodity prices, and seen the likes of the Euro and Australian Dollar underperform relative to the other main currencies. The Turkish Lira dove to a new record low 7.24 versus the Dollar before rebounding some after Ankara issue a notice that it will implement a plan this morning to stop the currency’s decent, with the central bank of Turkey subsequently issuing a raft of measures.

Source: XE news feed
XE Market Analysis: Europe – Aug 13, 2018

Middle East cattle orders held up by live sheep trade uncertainty

CATTLE export shipments from Western Australia have been disrupted by the uncertainty over the continuation of the Middle East live sheep trade from the state. The post Middle East cattle orders held up by live sheep trade uncertainty appeared first on Sheep Central.

Source: Sheep Central
Middle East cattle orders held up by live sheep trade uncertainty

WA winter crop heading towards record

It’s not just the wild flowers that have sprung into life in Western Australia, the state’s winter crop is going from strength to strength, spurred on by timely growing-season rains that have set the scene for a potential record production year. The post WA winter crop heading towards record appeared first on Grain Central.

Source: Grain Central
WA winter crop heading towards record

Scarcity of cottonseed restricts Cargill’s Narrabri crush

Headaches loom for specialist livestock feeders using cottonseed meal and hulls in their rations as cottonseed crushers, amid droughty market demand, strive to increase production. The post Scarcity of cottonseed restricts Cargill’s Narrabri crush appeared first on Grain Central.

Source: Grain Central
Scarcity of cottonseed restricts Cargill’s Narrabri crush

Profitable Black Sea grain makes its mark on Victorian delegation

A Victorian grower delegation back from a crop tour of the Black Sea region is coming to terms with the profitability and potential of a region now going head to head with Australia. The post Profitable Black Sea grain makes its mark on Victorian delegation appeared first on Grain Central.

Source: Grain Central
Profitable Black Sea grain makes its mark on Victorian delegation

Eating quality cipher replacing dentition attracts solid uptake

Twelve months after the launch of the industry’s new Eating Quality Graded trading language cipher, used in place of dentition, there has been surprisingly strong adoption in export and domestic beef markets. The post Eating quality cipher replacing dentition attracts solid uptake appeared first on Beef Central.

Source: Beef Central
Eating quality cipher replacing dentition attracts solid uptake

Grain Fed Finished standard introduced from September

A new Grain Fed beef standard, called Grain Fed Finished (or GFF) will be available for industry use from 1 September. With its minimum 35 days on feed and MSA overlay, the new standard will enable brand owners and feedlot operators increased flexibility in production of grainfed beef The post Grain Fed Finished standard introduced from September appeared first on Beef Central.

Source: Beef Central
Grain Fed Finished standard introduced from September

Kay’s Cuts: Slaughter data tells the story

The US beef industry is digesting new data that says that beef herd expansion is slowing considerably after aggressive expansion between 2014 and 2016. It’s also clear that the US herd expansion/contraction cycles are much flatter, with far fewer years between the low and high points than seen until the late 1970s, reports US columnist Steve Kay. The post Kay’s Cuts: Slaughter data tells the story appeared first on Beef Central.

Source: Beef Central
Kay’s Cuts: Slaughter data tells the story

Ceres Tag smart ear tag set for commercial trial near Alice Springs

AgTech startup Ceres Tag Pty Ltd and the Caason Group will partner to conduct a trial of the Ceres Tag smart ear tag at Caason’s Aileron Pastoral Holdings near Alice Springs next year. The post Ceres Tag smart ear tag set for commercial trial near Alice Springs appeared first on Beef Central.

Source: Beef Central
Ceres Tag smart ear tag set for commercial trial near Alice Springs

Trough-mounted EID device reader wins Sheepvention award

Electronic eartag data for Victoria’s recently mandated sheep and goat electronic ID system could soon be captured by readers attached to stock water water troughs in paddocks. The AgMesh start-up, founded by Peter Higgins and Cormac Dolen, won the Sheep and Wool Innovation Award at Sheepvention held near Hamilton, VIC last week, for their Smart Trough. The post Trough-mounted EID device reader wins Sheepvention award appeared first on Beef Central.

Source: Beef Central
Trough-mounted EID device reader wins Sheepvention award

Young cattle out of NSW dominate AuctionsPlus listings

Young cattle from desperately dry regions of NSW dominated listings on AuctionsPlus this week, accounting for 89 percent of the offering in the weekly Weaner and Yearling sale catalogue totalling 4464 head. Price trends for young cattle were mixed. The post Young cattle out of NSW dominate AuctionsPlus listings appeared first on Beef Central.

Source: Beef Central
Young cattle out of NSW dominate AuctionsPlus listings

XE Market Analysis: Asia – Aug 10, 2018

The Dollar soared to better than one-year highs in N.Y. on Friday, taking the DXY to levels last seen on July 7 of last year. The Greenback had been on the move higher during the London morning session, as Turkey melted down on economic turmoil there, made worse later by the doubling of U.S. sanctions on Turkish steel and aluminum imports. USD-TRK at one point rallied 20% to 6.7596. The Euro was heavily impacted, due to EU bank exposure to Turkey, EUR-USD fell to 1.1388 after opening near 1.1460.

Source: XE news feed
XE Market Analysis: Asia – Aug 10, 2018

XE Market Analysis: Europe – Aug 10, 2018

The Dollar has rallied strongly into the London interbank open, driving EUR-USD to a 13-month low of 1.1448, Cable to fresh one-year lows under 1.2800 and AUD-USD to three-week lows. The Greenback has also posted gains against most other currencies, most notably the Turkish Lira, which has tumbled to fresh record lows. USD-JPY has lifted out of a two-week low, while Yen crosses have traded lower, partly driven by flagging global equity markets and partly in the wake of above-forecast Japanese Q2 GDP data, which rose 0.5% q/q, above the median forecast for a 0.3% q/q rise.

Source: XE news feed
XE Market Analysis: Europe – Aug 10, 2018

Harmony diversifying cattle shipments, as it puts sheep export program on hold

Harmony Foods will send two loads of live cattle this month but has put its live sheep exports program on hold. The post Harmony diversifying cattle shipments, as it puts sheep export program on hold appeared first on Beef Central.

Source: Beef Central
Harmony diversifying cattle shipments, as it puts sheep export program on hold