XE Market Analysis: The Canadian Loonie Nosedives as Economic Data Causes Turbulence

OVERVIEW The US Dollar moves to a three-week high against the G-10 currencies as market fear eases  Italian yield spread against German bond fund widens over Italy’s spending plan NYMEX WTI Crude cracks below $70.00 a barrel, down 90 cents on the day. HIGHLIGHT

Source: XE news feed
XE Market Analysis: The Canadian Loonie Nosedives as Economic Data Causes Turbulence

XE Market Analysis: North America – Oct 19, 2018

The Dollar has been choppy but traded moderately softer, on net, giving back some of its recent gains. EUR-USD lifted back above 1.1460 after earlier printing a 10-day low at 1.1433, coming within 1 pip of the October-9 low, which is a two-month nadir. This is the fourth consecutive day the pair has clocked a lower low, and this week is set to be the third down week out of the last four weeks. Cable lifted above 1.3040 after posting has posted a two-week low at 1.3011. AUD-USD and NZD-USD lifted as the antipodean currencies benefited from a solid rally…

Source: XE news feed
XE Market Analysis: North America – Oct 19, 2018

XE Market Analysis: Europe – Oct 19, 2018

The Dollar has held firm against most currencies during the Asian session, into the open of the London interbank market, although slightly off highs seen during the New York afternoon yesterday. EUR-USD found a footing above 1.1450 after posting a 10-day low at 1.1449. Cable also steadied after seeing an eight-day low at 1.3015. USD-JPY has traded firmer, as have EUR-JPY and other Yen crosses.

Source: XE news feed
XE Market Analysis: Europe – Oct 19, 2018

Call for lamb marking pain relief declaration on sheep NVD

AUSTRALIA’S National Vendor Declaration for sheep should also enable statements on the use of pain relief for lamb castration and tail ring application, according to western Victorian producer Tim Leeming. The post Call for lamb marking pain relief declaration on sheep NVD appeared first on Sheep Central.

Source: Sheep Central
Call for lamb marking pain relief declaration on sheep NVD

Wheat port code review set to extend scope to all bulk grains

The Wheat Port Code of Conduct is set to extend to cover all bulk grains, and companies not complying with the code will be subject to penalties, according to the latest review of the federal legislation released this week. The post Wheat port code review set to extend scope to all bulk grains appeared first on Grain Central.

Source: Grain Central
Wheat port code review set to extend scope to all bulk grains

IWTO president should have disclosed AWI self-interest – WAFarmers

INTERNATIONAL Wool and Textile Organisation president Peter Ackroyd’s role as a highly paid consultant to Australian Wool Innovation should have been disclosed in a recent letter he released, WAFarmers said today. The post IWTO president should have disclosed AWI self-interest – WAFarmers appeared first on Sheep Central.

Source: Sheep Central
IWTO president should have disclosed AWI self-interest – WAFarmers

XE Market Analysis: Asia – Oct 18, 2018

The dollar index rallied to eight-session highs of 95.97 in N.Y. on Thursday, with gains coming on safe-haven flows into the Greenback. It was another risk-off session, with threats of Fed rate hikes, coupling with the Saudi situation, and ongoing European concerns over Italy. EUR-USD slid to 1.1455 lows after topping at 1.1516. The risk-sensitive USD-JPY bucked the trend, falling to 111.95 as Wall Street melted down. USD-CAD topped at 1.3088 as oil prices printed trend lows. Cable remained under pressure, bottoming at 1.3020, with no light seen at the end of the Brexit tunnel.

Source: XE news feed
XE Market Analysis: Asia – Oct 18, 2018

Feedgrain Focus: Prices rise as Vic production prospects deteriorate

Deteriorating grain-production prospects in Victoria and parts of southern New South Wales have underpinned prices in the past week, while rain in the north has brightened but not consolidated prospects for new-crop sorghum. The post Feedgrain Focus: Prices rise as Vic production prospects deteriorate appeared first on Beef Central.

Source: Beef Central
Feedgrain Focus: Prices rise as Vic production prospects deteriorate

XE Market Analysis: Sterling hits 10 day low as Words from PM May Disappoint

OVERVIEW The Pound weakened to a 10-day low against the Dollar following PM May’s speech at the potentially pivotal EU Summit in Brussels.  Higher Treasury yields boosted the Dollar following positive news from the US Federal Reserve Meeting Minutes The Canadian Dollar fell to a one-week low point due to a sharp drop in oil prices HIGHLIGHT

Source: XE news feed
XE Market Analysis: Sterling hits 10 day low as Words from PM May Disappoint

Recruitment: How to ensure performance reviews are beneficial

Many meat and livestock industry employers may bypass the formal process of performance reviews with their staff, deeming them unnecessary, time-consuming or too much work. However reviews can be highly beneficial not only for the employer but also the employee if done correctly. The post Recruitment: How to ensure performance reviews are beneficial appeared first on Sheep Central.

Source: Sheep Central
Recruitment: How to ensure performance reviews are beneficial

Recruitment: How to ensure performance reviews are beneficial

Many meat and livestock industry employers may bypass the formal process of performance reviews with their staff, deeming them unnecessary, time-consuming or too much work. However reviews can be highly beneficial not only for the employer but also the employee if done correctly. The post Recruitment: How to ensure performance reviews are beneficial appeared first on Beef Central.

Source: Beef Central
Recruitment: How to ensure performance reviews are beneficial

XE Market Analysis: North America – Oct 18, 2018

The Dollar has traded softer during the European AM session interbank open after firming during the Asian session. EUR-USD flipped back above 1.1500 after posting an eight-day low at 1.1481, which was the culmination of a Dollar ascent following the Fed minutes to the late-September FOMC meeting, which revealed policymakers remaining committed to gradual tightening. USD-JPY dipped under 112.50 area after earlier edging out an eight-day high at 112.71. BoJ Governor Kuroda repeated the central bank’s boilerplate message, that policy will remain accommodative for an extended period.

Source: XE news feed
XE Market Analysis: North America – Oct 18, 2018

XE Market Analysis: Europe – Oct 18, 2018

The Dollar has traded mostly firmer in the wake of the release of the Fed minutes to the late-September FOMC meeting, which revealed policymakers remaining committed to gradual tightening. The USD index (DXY) has printed an eight-day high at 95.75, and is now up by just over 1% from the three-week low that was seen on Tuesday. EUR-USD has concurrently posted an eight-day low, at 1.1482, and USD-JPY and eight-day high, at 112.71. Moderate demand for the Yen amid a souring in risk appetite across Asian stock markets has seen USD-JPY ebb back some. The U.S.

Source: XE news feed
XE Market Analysis: Europe – Oct 18, 2018

Live sheep and cattle export licence approved for Kuwait-owned company

AUSTRALIA’S live sheep and cattle trade has been given another boost with the granting of a livestock export licence for the Kuwait-owned Rural Export and Trading WA. The post Live sheep and cattle export licence approved for Kuwait-owned company appeared first on Sheep Central.

Source: Sheep Central
Live sheep and cattle export licence approved for Kuwait-owned company

Livex observers won’t be forced onto ships where they don’t fit: DAWR

The Department of Agriculture and Water Resources says livestock exporters will not be forced to take independent observers on future voyages where vessels aren’t large enough to accommodate an observer without displacing a necessary staff or crew member. The post Livex observers won’t be forced onto ships where they don’t fit: DAWR appeared first on Beef Central.

Source: Beef Central
Livex observers won’t be forced onto ships where they don’t fit: DAWR

GrainGrowers elects new chair and northern representatives

Victorian grain farmer, Brett Hosking, has today been elected the new chairman of Grain Growers Limited, taking the reins following the retirement of John Eastburn who held the position for nine years and has been a director since 2006. The post GrainGrowers elects new chair and northern representatives appeared first on Grain Central.

Source: Grain Central
GrainGrowers elects new chair and northern representatives

WA farmers welcome approval of new livex license

WAFarmers has welcomed news this morning that the Federal Government has approved an application for a livestock export license by Rural Export and Trading WA (RETWA), the Australian arm of the Kuwait Livestock and Transport and Trading (KLTT). The post WA farmers welcome approval of new livex license appeared first on Beef Central.

Source: Beef Central
WA farmers welcome approval of new livex license

Young cattle prices set to surge after drought breaks, analyst says

Get set for a dramatic fall in rates of female slaughter, and equally sharp rise in young cattle prices after widespread rain arrives. That’s the message farm commodity analyst Robert Herrmann from Mecardo delivered to lotfeeders attending last week’s BeefEx conference in Brisbane.    The post Young cattle prices set to surge after drought breaks, analyst says appeared first on Beef Central.

Source: Beef Central
Young cattle prices set to surge after drought breaks, analyst says

Lambassador Sam’s political play with the Conservatives upsets MLA

MEAT & Livestock Australia appears to have been outmanoeuvred on the use of the word ‘Lambassador’ featuring Australian Conservatives supporter Sam Kekovich in a Facebook post. The post Lambassador Sam’s political play with the Conservatives upsets MLA appeared first on Sheep Central.

Source: Sheep Central
Lambassador Sam’s political play with the Conservatives upsets MLA

Harnessing the power of livestock to drive sustainable development

A new FAO report highlights the multiple contributions made by the global livestock sector — especially to the lives of millions of poor, animal-dependent small-scale producers in developing countries — but also says that changes in policies and practices are needed in order to optimise those contributions.  The post Harnessing the power of livestock to drive sustainable development appeared first on Beef Central.

Source: Beef Central
Harnessing the power of livestock to drive sustainable development

XE Market Analysis: Asia – Oct 17, 2018

The Dollar index rallied from pre-open lows of 95.10 to a one-week high of 95.54 in N.Y. trade on Wednesday. EUR-USD fell from 1.1547 to 1.1508 through the session. USD-JPY peaked at 112.47, coming from 112.02 lows. USD-CAD rallied over 1.3015 as oil prices tumbled. Cable meanwhile, steadied in the low 1.31’s. The FOMC minutes indicated the Fed would remain on a gradual tightening path, though some indicated a more restrictive path would be needed to stave off inflation and an overheated economy.[EUR, USD]

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

Forum to showcase on-farm advantages of digital technology

Red meat producers can cut through the hype around digital technology and see how it’s actually being used on-farm when MLA hosts its Digital Forum on 22-23 November in Canberra. The Forum is being supported with on-farm demonstrations hosted by Carwoola Pastoral Co and forum sessions covering a range of agtech topics. The post Forum to showcase on-farm advantages of digital technology appeared first on Beef Central.

Source: Beef Central
Forum to showcase on-farm advantages of digital technology

XE Market Analysis: North America – Oct 17, 2018

The Dollar had traded moderately firmer into the New York interbank open, which came as European equity markets turned negative after failing to sustain a positive open, and with U.S. equity futures flagging as the good-feel of yesterday’s bullish Wall Street session abated. EUR-USD has ebbed back to the mid 1.1500s after yesterday failing to sustain gains above 1.1600. USD-JPY posted a three-session high at 112.42 before settling around 112.20-25. The pound, after outperforming yesterday, has today more than fully reversed these gains.

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

CCA determined to maintain EU market share for Australian grainfed beef

Cattle Council of Australia says it is concerned of reports that the European Union high quality grainfed beef quota may be altered, to the detriment of Australia’s grain fed beef exports to Europe. The post CCA determined to maintain EU market share for Australian grainfed beef appeared first on Beef Central.

Source: Beef Central
CCA determined to maintain EU market share for Australian grainfed beef

Weekly property review: Properties for sale and lease

Filipino owner to sell NT holdings Murray Downs & Epenarra | Inquiry from three states for western NSW’s Rosewood | Two Southern Tableland beauties hit the market | Water galore in Qld’s far west | Expressions of interest sought in Kimberley lease The post Weekly property review: Properties for sale and lease appeared first on Beef Central.

Source: Beef Central
Weekly property review: Properties for sale and lease

Julia Creek to host BeefUp Forum

Beef producers throughout Queensland’s Southern Gulf region can access timely tips and tools to help manage their businesses when Meat & Livestock Australia’s (MLA) BeefUp Forum is held at Julia Creek on 31 October. The post Julia Creek to host BeefUp Forum appeared first on Beef Central.

Source: Beef Central
Julia Creek to host BeefUp Forum

XE Market Analysis: Europe – Oct 17, 2018

The Dollar majors continue to lack direction, although stock markets picked up following positive corporate earnings reports out of the U.S. EUR-USD has ebbed back to the mid 1.1500s after yesterday failing to sustain gains above 1.1600. USD-JPY posted a three-session high at 112.42 before settling around 112.20-25. AUD-JPY posted a one-week high before ebbing back, while the likes of EUR-JPY and GBP-JPY have remained below their respective highs from yesterday, although also running higher during the Tokyo AM session.

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

World’s growing middle class has big implications for beef

An economic milestone of considerable statistical interest to the beef industry was reached recently when it was determined that for the first time, half the world’s population is now classified as having reached ‘middle class’. The post World’s growing middle class has big implications for beef appeared first on Beef Central.

Source: Beef Central
World’s growing middle class has big implications for beef

IWTO president Ackroyd makes royal WoolPoll plea to growers

INTERNATIONAL wool textile body leader and consultant Peter Ackroyd has failed to declare he is a paid advisor to Australian Wool Innovation in a letter exhorting growers not to reduce wool promotion spending. The post IWTO president Ackroyd makes royal WoolPoll plea to growers appeared first on Sheep Central.

Source: Sheep Central
IWTO president Ackroyd makes royal WoolPoll plea to growers

RMAC: Why working together to protect Australia’s market access is critical

As the Australian beef industry faces new challenges to market access in key export destinations, such as the EU and China, Red Meat Advisory Council Independent Chair Don Mackay outlines the importance of industry and government working collectively to protect Australian interests, and why diverse and broad market access has never been more important. The post RMAC: Why working together to protect Australia’s market access is critical appeared first on Beef Central.

Source: Beef Central
RMAC: Why working together to protect Australia’s market access is critical

Weekly rainfall wrap + 14 day rain outlook, 17 Oct 2018

A persistent surface trough and onshore flow brought moderate falls to southeastern Queensland and northeastern New South Wales, while troughs and a cold front tracked across southwest Western Australia throughout the week, producing  moderate falls in the southwest and southern coasts of the State. The post Weekly rainfall wrap + 14 day rain outlook, 17 Oct 2018 appeared first on Beef Central.

Source: Beef Central
Weekly rainfall wrap + 14 day rain outlook, 17 Oct 2018

Weekly rainfall wrap + 14 day rain outlook, 17 Oct 2018

A persistent surface trough and onshore flow brought moderate falls to southeastern Queensland and northeastern New South Wales, while troughs and a cold front tracked across southwest Western Australia throughout the week, producing  moderate falls in the southwest and southern coasts of the State. The post Weekly rainfall wrap + 14 day rain outlook, 17 Oct 2018 appeared first on Sheep Central.

Source: Sheep Central
Weekly rainfall wrap + 14 day rain outlook, 17 Oct 2018

XE Market Analysis: North America – Oct 16, 2018

The Dollar has traded mixed so far today, reaching the early European PM near net unchanged versus the Euro, lower against the Pound, which lifted on perky UK wage data, and higher versus the Yen, which underperformed amid a backdrop of recovering stock markets. EUR-USD backed away from a test of 1.1600, returning to levels around 1.1570 after a much worse than anticipated drop in the October German ZEW investor confidence survey. USD-JPY lifted back above 112.00, but has remained below yesterday’s 112.23 high.

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

Weekly genetics review: the elusive polled gene not so elusive

Testing for the polled variant in beef cattle has an interesting history, Alex McDonald reports in his final weekly genetics review for the year. In the early days of DNA research for single genes, it was expected that the mutation which caused polledness in naturally horned cattle would be relatively easy to find, but this did not prove to be the case. The post Weekly genetics review: the elusive polled gene not so elusive appeared first on Beef Central.

Source: Beef Central
Weekly genetics review: the elusive polled gene not so elusive

XE Market Analysis: Europe – Oct 16, 2018

Most Dollar pairings have been steady, holding within respective Monday ranges. Once expectation was NZD-USD, which has rallied to a two-week high of 0.6596 following New Zealand Q3 CPI data, which rose to 0.9% q/q, above the median forecast for 0.7% q/q. USD-JPY, meanwhile, has lifted back above 112.00 but has remained below yesterday’s 112.23 high, while EUR-USD has ebbed to a low of 1.1566 while remaining above yesterday’s 1.1539 low. AUD-USD and Cable saw a similar price action to EUR-USD, with both pairings dipping but remaining above respective lows from yesterday.

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

Weekly kill: Welcome rain brings some plant disruptions, but grids unchanged

Some processors will skip shifts later this week, and are uncertain about operations next week, in the wake of widespread rain over the past seven days. After a 10-15c rise the week before, southern Queensland grids this morning are unchanged at 510-520c/kg for four-tooth grassfed steer and 440-450c for heavy cows. The post Weekly kill: Welcome rain brings some plant disruptions, but grids unchanged appeared first on Beef Central.

Source: Beef Central
Weekly kill: Welcome rain brings some plant disruptions, but grids unchanged

Western Downs farmer elected AgForce Grains president

Brendan Taylor, a 42-year-old third generation farmer from the Western Darling Downs, has been elected AgForce Queensland’s Grains president, and will take over from Dalby producer Wayne Newton, who is stepping down after serving on the Board since 1999 and as president since 2010. The post Western Downs farmer elected AgForce Grains president appeared first on Grain Central.

Source: Grain Central
Western Downs farmer elected AgForce Grains president

BeefEx: How the ‘fourth industrial revolution’ is reshaping ag

Intel Corporation ‘Internet of things’ expert Ted Connell offered several insights at the 2018 BeefEx conference into how the fourth industrial revolution is set to change the future face of agriculture. The post BeefEx: How the ‘fourth industrial revolution’ is reshaping ag appeared first on Beef Central.

Source: Beef Central
BeefEx: How the ‘fourth industrial revolution’ is reshaping ag

MLA annual report highlights success of Donor Company in securing funding support

Government and private contributions to MLA revenue, up 54pc and 81pc respectively, in effect meant that MLA had 64.9pc more to spend on Research and Development in its most recent financial year compared with the previous 12-month cycle. The result is captured in MLA’s 2017-18 Annual Report released today. The post MLA annual report highlights success of Donor Company in securing funding support appeared first on Beef Central.

Source: Beef Central
MLA annual report highlights success of Donor Company in securing funding support

JKI expands with purchase of Millmerran, Wondai pulse, seed plants

JK International has bought the Wondai plant previously owned by Blue Ribbon Seeds, and the Champion Seeds plant at Millmerran, as its first investment in pulse and seed processing in regional Queensland. The post JKI expands with purchase of Millmerran, Wondai pulse, seed plants appeared first on Grain Central.

Source: Grain Central
JKI expands with purchase of Millmerran, Wondai pulse, seed plants

XE Market Analysis: Asia – Oct 15, 2018

FX trade was fairly choppy in N.Y. on Monday, seeing the DXY fall to session lows of 94.96 after soft U.S. retail sales, then subsequently gyrating between 95.12 and 94.97. Wall Street was mixed, with tech again lagging. EUR-USD peaked at 1.1606 before falling to 1.1576 lows, as USD-JPY fell to 111.67 before topping at 111.93. USD-CAD topped at 1.3051, then fell to 1.2955 after an upbeat BoC outlook survey. Cable recovered from lows, though remains sensitive to Brexit uncertainties.[EUR, USD]

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

XE Market Analysis: US Dollar Falls as Retail Sales Disappoint

OVERVIEW The US Dollar dipped today as retail sales numbers fell short of expectations The Pound steadied in today’s trading, ahead of a potentially monumental EU Brexit Summit on Wednesday and Thursday  The Canadian Dollar strengthens as oil prices rise as tensions between the West and Saudi Arabia grow HIGHLIGHT The Canadian dollar gained strength today as the US Dollar weakened today, causing the pair to fall by as much as 0.5% at one point. 

Source: XE news feed
XE Market Analysis: US Dollar Falls as Retail Sales Disappoint

XE Market Analysis: North America – Oct 15, 2018

The Dollar has traded softer, for the most part, losing ground to the Euro, Swiss franc, Sterling and Japanese Yen, among other currencies. EUR-USD posted an intraday high at 1.1593, which reverses most of the decline seen on Friday. The move happened concurrently with a rebound in European stock markets, which were on net showing modest gains on the day as of the early European PM session. Italian yields have remained steady, while Portuguese bonds rallied after Moody’s upgraded Portugal’s sovereign debt from a junk or an investment grade rating.

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

XE Market Analysis: Europe – Oct 15, 2018

The Yen has traded moderately firmer while the Pound has come under moderate pressure, the former underpinned by a resumption of risk aversion in Asian equity markets and the latter affected by news that the respective lead negotiators from the UK and EU, Raab and Barnier, faltered over the Irish border backstop issue. It also remains clear that Prime Minister’s Brexit plan, aka the Chequers plan, lacks support on both sides of the Channel. USD-JPY has drifted below Friday’s 111.88 low, while the Pound is showing a 0.3% loss to both the Dollar and Euro.

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

AWI called out to release revised WoolPoll 2018 budget assumptions

AUSTRALIAN Wool Innovation has again been urged to release its complete revised WoolPoll 2018 budget assumptions after the company claimed a drop in wool production could mean a 36 percent reduction in its levy income from 2019-22. The post AWI called out to release revised WoolPoll 2018 budget assumptions appeared first on Sheep Central.

Source: Sheep Central
AWI called out to release revised WoolPoll 2018 budget assumptions

A tale of two markets – one weak, one strong – shall ever the twain meet?

There is no doubt that if and when the drought breaks the impact on cattle and beef prices will be significant – but it’s the timing that matters, and where it breaks that will see different market impacts, suggests independent market analyst Simon Quilty… The post A tale of two markets – one weak, one strong – shall ever the twain meet? appeared first on Beef Central.

Source: Beef Central
A tale of two markets – one weak, one strong – shall ever the twain meet?

Four reasons agriculture needs to phase out reliance on glyphosate

With the herbicide, glyphosate, looking increasingly likely to be banned or restricted, Sydney Institute of Agriculture director, Professor Alex McBratney, says it’s time for agriculture to start making plans for working without the widely used chemical. The post Four reasons agriculture needs to phase out reliance on glyphosate appeared first on Grain Central.

Source: Grain Central
Four reasons agriculture needs to phase out reliance on glyphosate

Weekend rains arrest slide in WA winter crop potential

Western Australia’s winter crop continues to ride the roller coaster with savage frosts and the driest September in more than 80 years cruelling the prospect of a potential record crop, but rain over the weekend clawing back some of the losses. The post Weekend rains arrest slide in WA winter crop potential appeared first on Grain Central.

Source: Grain Central
Weekend rains arrest slide in WA winter crop potential

WoolProducers Australia calls for bi-partisan support for trade agreement

AUSTRALIA’S wool growers are calling for bi-partisan support for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership in the country’s Senate. The post WoolProducers Australia calls for bi-partisan support for trade agreement appeared first on Sheep Central.

Source: Sheep Central
WoolProducers Australia calls for bi-partisan support for trade agreement

Minister blasts 'slippery' Coles, tells Aldi to 'go jam it' over milk levy

Agriculture Minister David Littleproud launches a scathing attack on Coles over its handling of the 10c milk levy for drought relief, calling it a “media stunt”, and accusing German-owned rival Aldi of doing “bugger all” for Australian farmers.

Source: ABC Livestock
Minister blasts ‘slippery’ Coles, tells Aldi to ‘go jam it’ over milk levy

Embattled Croatian shipbuilder cancels order for new livex vessel

FINANCIAL woes at a Croatian shipyard are rippling into Australia’s livestock export trade. The Uljanik shipyard, which has contracts to construct two livestock vessels intended for the Australian trade, is on the brink of bankruptcy, according to Croatian media reports. The post Embattled Croatian shipbuilder cancels order for new livex vessel appeared first on Sheep Central.

Source: Sheep Central
Embattled Croatian shipbuilder cancels order for new livex vessel

Three Hawke’s Bay summers makes a champion shearer in Norway

THREE summers in New Zealand’s Hawke’s Bay region has rubbed-off well on Norwegian shearer Anne-Lise Haugdahl Humstad, who has become one of the few women in the world to win a national open shearing title. The post Three Hawke’s Bay summers makes a champion shearer in Norway appeared first on Sheep Central.

Source: Sheep Central
Three Hawke’s Bay summers makes a champion shearer in Norway

Sheep and beef producers join WA Livestock Research Council

WESTERN Australia has welcomed three new producer members to the WA Livestock Research Council. Kojonup sheep producer Lynley Anderson; Nannup lot feeder and beef producer Matt Camarri and Gascoyne pastoralist Clint Thompson of Wyloo station were formally inducted into the WALRC process this month. The post Sheep and beef producers join WA Livestock Research Council appeared first on Sheep Central.

Source: Sheep Central
Sheep and beef producers join WA Livestock Research Council

DAWR outlines how ag levy payer registers are progressing

In this contributed article Department of Agriculture and Water Resources secretary Daryl Quinlivan provides an update on what is being done to deliver recent senate inquiry recommendations to create levy payer registers that will allow Research and Development Corporations to better connect to producers and levy payers. The post DAWR outlines how ag levy payer registers are progressing appeared first on Beef Central.

Source: Beef Central
DAWR outlines how ag levy payer registers are progressing

Cattle producers concerned by risk to EU beef market access

The European Union must adhere to Word Trade Organisation rules to keep its grainfed beef import quota non-discriminatory and open to all countries that qualify, Cattle Producers Australia chair and Central Queensland cattle producer Paul Wright believes. The post Cattle producers concerned by risk to EU beef market access appeared first on Beef Central.

Source: Beef Central
Cattle producers concerned by risk to EU beef market access

Prices push higher for AuctionsPlus young steer and heifer categories after rain

All young steer and heifer weight categories trended higher in price on AuctionsPlus this week, in some cases by 10-20c/kg. Widespread, mostly light rainfall across parts of the eastern states, and more rain in prospect may have been the trigger for a 15pc spike in clearance rates, with 70pc of lots finding buyers. The post Prices push higher for AuctionsPlus young steer and heifer categories after rain appeared first on Beef Central.

Source: Beef Central
Prices push higher for AuctionsPlus young steer and heifer categories after rain

XE Market Analysis: Asia – Oct 12, 2018

The Dollar index recovered modestly in N.Y. trade on Friday, rallying to 95.37 highs, and up from overnight lows of 94.96. The recovery in global equity markets on Friday supported the Dollar, though it remains to be seen whether or not the gains were just a pre-weekend relief rally. EUR-USD dipped to 1.1565 from 1.1610, while USD-JPY dipped under 112.00 late in the session as Wall Street pared gains. USD-CAD topped near 1.3040 as oil prices faded. Cable meanwhile, stumbled toward 1.3150.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Oct 12, 2018

XE Market Analysis: North America – Oct 12, 2018

EUR-USD edged out a new intraday low of 1.1575, correcting after earlier printing a 12-day high at 1.1610. USD-JPY settled in the lower 111.0s after posting a 25-day low at 111.83 during the late New York PM session yesterday. The low was seen following by broad Dollar declines in the wake of the softer than expected U.S. CPI data yesterday, which has taken the edge out of Fed tightening expectations (although we still anticipate a hike in December, and two further more in the first half of 2019).

Source: XE news feed
XE Market Analysis: North America – Oct 12, 2018