Month: November 2017

XE Market Analysis: Asia – Nov 13, 2017

The dollar started the N.Y. week on a softer footing, though the DXY managed to edge slightly higher through the session. EUR-USD was capped under last week’s 1.1677 top, before turning sideways near 1.1660. USD-JPY managed modest gains as Wall Street erased early losses. USD-CAD firmed over 1.2740 as oil price gains seen recently began… Read more »

On-board live export insights highlighted at LIVEXchange conference

THE unique perspectives of the professionals who work on board livestock export vessels in animal welfare roles will be shared at this week’s LIVEXchange 2017 conference in Perth. The post On-board live export insights highlighted at LIVEXchange conference appeared first on Sheep Central. Source: Sheep Central On-board live export insights highlighted at LIVEXchange conference

Heritage Seeds extends its coverage in pasture and crop seeds sector

HERITAGE Seeds has strengthened its position as one of the largest seed companies in Australia after acquiring three key Queensland-based seed businesses. The post Heritage Seeds extends its coverage in pasture and crop seeds sector appeared first on Sheep Central. Source: Sheep Central Heritage Seeds extends its coverage in pasture and crop seeds sector

Online wool sales increase as auction price benchmark hits record level

ONLINE wool sales strengthened last week as demand increased through the physical auction market. The post Online wool sales increase as auction price benchmark hits record level appeared first on Sheep Central. Source: Sheep Central Online wool sales increase as auction price benchmark hits record level

South Australian barley shipped to Qld feedlot market

A 23,000-tonne cargo of South Australian barley is being discharged into trucks on a Brisbane wharf this week, and trade sources say the grain will be absorbed by feedlots on the Darling Downs and west of the port city. The post South Australian barley shipped to Qld feedlot market appeared first on Beef Central. … Read more »

Wagga sale 13 Nov 2017: Weaner steers 4-5c dearer

In early sales there was a lift in the level of demand for secondary yearlings, inspired by the prediction of more rain mid-week. Northern and southern store orders were plentiful and weaner steers returning to the paddock sold 4-5c dearer. The post Wagga sale 13 Nov 2017: Weaner steers 4-5c dearer appeared first on Beef… Read more »

XE Market Analysis: North America – Nov 13, 2017

The dollar has been mostly firming in early-week trading, the main exception being the case against the yen, which has outperformed amid declines in most global stock markets. The narrow trade-weighted USD index(DXY) was showing a 0.2% gain, as of the late London AM session, at 94.61, earlier logging an intraday high at 94.64, which… Read more »

Weekly kill figures return, after six-week standoff – but for how long?

Full Eastern States weekly slaughter figures have been compiled by the NLRS for the first time in six weeks this afternoon, since a dispute emerged between the nation’s largest processor and MLA in early October over the accuracy of NLRS reporting of kill numbers. But there’s no guarantees yet that the truce will last. The… Read more »

XE Market Analysis: Europe – Nov 13, 2017

The dollar has been mixed in early-week trading so far, losing ground to an outperforming dollar while edging higher versus the euro and some other currencies, the pound in particular, which has come under general pressure amid political uncertainty. Most stock markets, outside China, came under pressure in Asia, following Wall Street’s lead, where investors… Read more »

Feeder cattle pre-vaccination programs gaining momentum

Sharp rises in the value of feeder cattle over the past three years, together with advances making vaccination programs more ‘user friendly’ have seen a rapid expansion in the uptake of pre-vaccination to better protect cattle from Bovine Respiratory Disease. The post Feeder cattle pre-vaccination programs gaining momentum appeared first on Beef Central. Source:… Read more »

Killara sees sharp productivity impact from pre-vaccination

Direct improvement in reduced animal health issues, better weightgain in feeder cattle and reduced use of antibiotics are among the key benefits achieved by Elders Killara feedlot’s adoption this year of an incentive-driven pre-vaccination program to protect against Bovine Respiratory Disease. The post Killara sees sharp productivity impact from pre-vaccination appeared first on Beef Central. … Read more »

WA crop potential continues to rise as harvest cranks up

Winter crop prospects continue to improve in Western Australia as late season grain fill moves the 2017 harvest from ‘ordinary’ to ‘average’ and lifts WA’s production potential to 12.326 million tonnes. The post WA crop potential continues to rise as harvest cranks up appeared first on Grain Central. Source: Grain Central WA crop potential… Read more »

Australian Wool Innovation shareholders in three states claim no voting papers

WOOL growers in three states have claimed they had not received their Australian Wool Innovation election voting papers with only days before the 2017 poll closes. The post Australian Wool Innovation shareholders in three states claim no voting papers appeared first on Sheep Central. Source: Sheep Central Australian Wool Innovation shareholders in three states… Read more »

Lifetime Ewe Management course gets new app, online hub and website update

A NEW online Lifetime Ewe Management hub and website, and the launch of the new android app highlight the latest opportunities for sheep producers accessing the popular course. The post Lifetime Ewe Management course gets new app, online hub and website update appeared first on Sheep Central. Source: Sheep Central Lifetime Ewe Management course… Read more »

Elders announces $116m net profit for FY17

STRONG cattle and sheep prices and an expanded business network helped Elders Limited to almost double its net profit in the 2017 financial year, the publicly-listed agribusiness announced this morning. The post Elders announces $116m net profit for FY17 appeared first on Sheep Central. Source: Sheep Central Elders announces 6m net profit for FY17

Victorian subsidised sheep and goat tags can be any colour in 2018

VICTORIAN sheep and goat producers will be able to order subsidised ear tags of any colour in 2018. The post Victorian subsidised sheep and goat tags can be any colour in 2018 appeared first on Sheep Central. Source: Sheep Central Victorian subsidised sheep and goat tags can be any colour in 2018

Demand for Australian has grown and there is still room to move

AUSTRALIAN lamb exports have grown by 50 percent in the past 10 years, but there are still opportunities for growth in some key markets, according to MLA’s general manager – international markets, Michael Finucan said. The post Demand for Australian has grown and there is still room to move appeared first on Sheep Central. … Read more »

Thousands of red meat producers complete new LPA accreditation

MORE than 4440 Australian red meat producers have updated their Livestock Production Assurance accreditation as part of changes implemented to strengthen the program. The post Thousands of red meat producers complete new LPA accreditation appeared first on Sheep Central. Source: Sheep Central Thousands of red meat producers complete new LPA accreditation

Central Queensland council sticks by bounty on 'monster' feral cats

The Banana Shire Council says despite receiving a “fair few ridiculous letters and phone calls”, it will continue its $10 bounty on feral cats, providing residents present the scalps of the dead animals to collect. Source: ABC Livestock Central Queensland council sticks by bounty on ‘monster’ feral cats

WA producer help sought on spread of Red Leaf Sub Clover Syndrome

WESTERN Australian livestock producers are being surveyed to increase understanding of the spread of Red Lead Sub Clover Syndrome across the state’s southern region. The post WA producer help sought on spread of Red Leaf Sub Clover Syndrome appeared first on Sheep Central. Source: Sheep Central WA producer help sought on spread of Red… Read more »

One Aussie, two Kiwis named 2018 Zanda McDonald Award finalists

Three finalists from Australia and New Zealand have been named for the 2018 Zanda McDonald Award, which recognises agriculture’s most innovative young professionals from both sides of the Tasman. The post One Aussie, two Kiwis named 2018 Zanda McDonald Award finalists appeared first on Beef Central. Source: Beef Central One Aussie, two Kiwis named… Read more »

Cattle price incentives needed to shift focus from volume to quality, says report

The red meat industry needs to develop clear price incentives to encourage producers to focus on quality rather than volume, if it is to withstand intense competitive pressures from other global producers and proteins, according to a recently-released industry report. The post Cattle price incentives needed to shift focus from volume to quality, says report… Read more »

US Economic Week in Review: The Economy is in Good Shape

            There was little economic news this week for the U.S., which makes this an appropriate time to review some leading and coincident indicators to assess the current situation in the U.S. economy.             Let’s start with corporate profits:   Source: XE news feed US Economic Week in Review:… Read more »

US Bond Market Week in Review: The Fixed Income Market is Very Healthy

            This was a light week for U.S. bond market news.  There were no speeches of consequence, nor economic releases that have an impact on Fed policy.  But there were some interesting movements in the fixed income markets, especially in the high-yield area.  It seems appropriate to take a look… Read more »

Young boss takes the helm of farming empire after family tragedy

College graduate James Paterson took a big step when he finished studying agribusiness five years ago — straight to the top of his family’s farming empire. Source: ABC Livestock Young boss takes the helm of farming empire after family tragedy

XE Market Analysis: Asia – Nov 10, 2017

The dollar remained under some pressure in N.Y. trade on Friday, alowing the DXY to print 12-session lows of 94.26, just above its 20-day moving average of 94.24. Wall Street was heavy as well, though yields held firm. Optimism over tax reform has faded this week, with House and Senate proposals still far away from… Read more »

XE Market Analysis: Dollar Weakens on Tax Reform Doubts

OVERVIEW The Pound was boosted by better-than-expected data and Brexit comments. The Canadian Dollar is supported by a rise in oil prices and a weakening of the USD. South African Rand falls to a one-year low as fears mount over the country’s debt. Mexican Peso firms after the central bank signaled it would not cut… Read more »

XE Market Analysis: North America – Nov 10, 2017

EUR-USD edged out a fresh one-week high of 1.1662 after picking up bids following a dip under 1.1630. The market remains in sell-on-gains mode with regard to the dollar, following news that the Senate is delaying the implementation of its planned corporate tax cut. The debate on Capitol Hill remains ongoing, so market will be… Read more »

AuctionsPlus catalogue tops 11,200 head, with most young cattle firmer

Cattle numbers remained high on AuctionsPlus this week, with 11,278 head listed – about 500 less than the previous week. Most steer and heifer descriptions were moderately higher in price, with the exception of light heifers which eased about 20c/kg on average. The post AuctionsPlus catalogue tops 11,200 head, with most young cattle firmer appeared… Read more »

XE Market Analysis: Europe – Nov 10, 2017

The dollar has found its feet after yesterday’s tumble on new of a U.S. tax cut delay and more limited scope of some planned cuts. EUR-USD has settled below the one-week high seen at 1.1655 and USD-JPY has recouped to around 113.40 after clocking a low at 113.09, which is the lowest level seen since… Read more »

Casino processor NCMC delivers scant $1.06m profit for 2016-17 year

Continued tough livestock supply conditions for meat processors were reflected in a $1.06 million pre-tax profit for the 2016-17 year for the Northern Cooperative Meat Co at Casino, which held its annual meeting this week. The post Casino processor NCMC delivers scant $1.06m profit for 2016-17 year appeared first on Beef Central. Source: Beef… Read more »

SEALS and Yarra Corp announce partnership geared towards Asian livestock exports

Livestock exporter South East Asian Livestock Services (SEALS) has today announced that Singapore’s Yarra Corporation (Yarra Corp) has taken a controlling stake in the company. The post SEALS and Yarra Corp announce partnership geared towards Asian livestock exports appeared first on Beef Central. Source: Beef Central SEALS and Yarra Corp announce partnership geared towards… Read more »

TFI releases forward lamb contracts of 600-620c/kg for December-March

COMPETITION for forward lamb supplies escalated today with the release of Thomas Foods International contracts paying 600-620c/kg for 18-32kg crossbred lambs delivered from December to March. The post TFI releases forward lamb contracts of 600-620c/kg for December-March appeared first on Sheep Central. Source: Sheep Central TFI releases forward lamb contracts of 600-620c/kg for December-March

Australian Wool Innovation director Sheil proposed as option to Merriman

AUSTRALIAN Wool Innovation director Meredith Sheil has thrown her support behind AWI chairman Wal Merriman, despite an industry call for her to replace the incumbent leader. The post Australian Wool Innovation director Sheil proposed as option to Merriman appeared first on Sheep Central. Source: Sheep Central Australian Wool Innovation director Sheil proposed as option… Read more »

Wool prices soar to record levels as exporters battle Chinese interests

WOOL prices soared to record levels this week, with Merino prices lifting 40-100 cents and crossbred rates rising 50-80 cents. The post Wool prices soar to record levels as exporters battle Chinese interests appeared first on Sheep Central. Source: Sheep Central Wool prices soar to record levels as exporters battle Chinese interests

Victorian sheep producers to pay 45 cents for subsidised tags in 2018

VICTORIAN sheep producers will pay 45 cents for subsidised electronic sheep tags next year. Minister for Agriculture Jaala Pulford announced the 2018 tender tag price while on a Donald farm today. The post Victorian sheep producers to pay 45 cents for subsidised tags in 2018 appeared first on Sheep Central. Source: Sheep Central Victorian… Read more »

Wearable tech being trialed to automate disease detection in feedlot cattle

High-tech ear tags and computer algorithms are being tested in Australian feedlot conditions for their ability to more accurately and rapidly diagnose cattle with symptoms of Bovine Respiratory Disease. The post Wearable tech being trialed to automate disease detection in feedlot cattle appeared first on Beef Central. Source: Beef Central Wearable tech being trialed… Read more »

Recruitment: Is automated farming a threat to future job security?

There is a digital revolution underway in Australian agriculture, with the timely confluence of record production levels marking agriculture as one of the key ‘industries of the future’. But will the pace of implementation of automated farming technologies threaten or enhance the farm sector’s job opportunities of the future? The post Recruitment: Is automated farming… Read more »

XE Market Analysis: Asia – Nov 09, 2017

The dollar was broadly lower in N.Y. on Thursday, hit by risk-off conditions which saw Wall Street tumble. Differing versions of the U.S. House and Senate tax reform bills, with the latter delaying corporate tax cuts until 2019, were behind the sell-off, leaving market expectations for a bill passage anytime soon heavily reduced. EUR-USD bottomed… Read more »

XE Market Analysis: US Dollar at a Disadvantage Due to Tax-cut Sentiment

OVERVIEW US Dollar slumps ahead of Senate Republicans tax-cut bill release. Bitcoin hits an all-time high of $7888. Sterling has managed to avoid any losses due to the political turmoil unfolding. HIGHLIGHT The Euro has capitalized on a weaker Dollar and moved back above 1.1600. The Euro-zone is forecast to grow at its best rate… Read more »

SwarmFarm teams with Bosch to secure future for farming robots

SwarmFarm Robotics, the developer of lightweight, driverless robot farming machines, has taken the next step to commercialisation by joining in a new partnership with global technology and services provider, Bosch Australia. The post SwarmFarm teams with Bosch to secure future for farming robots appeared first on Grain Central. Source: Grain Central SwarmFarm teams with… Read more »

Peru – Australia sign bilateral free trade agreement

Australia and Peru have signed a Free Trade Agreement, the announcement being made at the APEC Summit in Vietnam today. The post Peru – Australia sign bilateral free trade agreement appeared first on Grain Central. Source: Grain Central Peru – Australia sign bilateral free trade agreement

System-wide analysis to improve live export supply chain

A national system-wide analysis of the cattle and sheep live export supply chains is being conducted to identify what creates inefficiencies and critical delays that increase costs or restrict supply. The post System-wide analysis to improve live export supply chain appeared first on Beef Central. Source: Beef Central System-wide analysis to improve live export… Read more »

Dubbo sale 9 Nov 2017: Young cattle numbers up in bigger yarding

Most grades were represented with good numbers of young cattle to suit the feeders backgrounders and restockers along with a good selection of cows. There were not the numbers of well finished grown steers compared to the previous sale and there were a few consignments of plainer cattle in from the far west with loads… Read more »

XE Market Analysis: North America – Nov 09, 2017

EUR-USD has been choppy, dipping under 1.1600 before rebounding to the 1.1640 area in the late London AM session. The dip came after ECB’s Coeure said earlier that there is nothing that would justify an end to ECB monetary stimulus, while the rebound reflected a broader drop in the dollar, which seemed to correlate a… Read more »

South Australian processor pays record $366 for first cross ewes at Naracoorte

AUSTRALIA’S largest fully family-owned meat processor Thomas Foods International has paid a record price of $366 for 1.5 year-old first cross ewes at Naracoorte today, in what was seen as a strong gesture of confidence in the prime lamb industry. The post South Australian processor pays record $366 for first cross ewes at Naracoorte appeared… Read more »

XE Market Analysis: Europe – Nov 09, 2017

The dollar has traded moderately softer, led by a 50 pip tumble in USD-JPY after news that a U.S. three-carrier strike group was conducting exercises off the Korean peninsular seemed to rattle some nerves in markets, prompting buying of the safe haven Japanese currency while pushing stocks — particularly markets in Japan and South Korea… Read more »

Improved access agreed for Australian feeder and slaughter sheep into China

NEW and improved market access for Australian live feeder and slaughter sheep and goats into China will results from protocol conditions agreed to in high level negotiations. The post Improved access agreed for Australian feeder and slaughter sheep into China appeared first on Sheep Central. Source: Sheep Central Improved access agreed for Australian feeder… Read more »

US scraps overhaul of GM crop regulations biotech advocates viewed as ‘unscientific’

The United States Department of Agriculture (USDA) has announced it is withdrawing a proposed rule to revise the agency’s regulations of genetically engineered crops. The rule was proposed by the outgoing Obama administration in January. The post US scraps overhaul of GM crop regulations biotech advocates viewed as ‘unscientific’ appeared first on Grain Central. … Read more »

China’s Sustainable Meat Declaration an opportunity for farmers, says WWF

World Wildlife Fund Australia CEO Dermot O’Gorman provides an opinion about the recent Chinese Sustainable Meat Declaration, and its significance for the Australian beef industry The post China’s Sustainable Meat Declaration an opportunity for farmers, says WWF appeared first on Beef Central. Source: Beef Central China’s Sustainable Meat Declaration an opportunity for farmers, says… Read more »

International Beef Alliance lobbies for action against restrictive trade barriers

With numerous challenges confronting the global trade environment, the International Beef Alliance recently reconfirmed its commitment to trade reform and liberalisation, sustainable beef production and ensuring confidence amongst global beef consumers. The post International Beef Alliance lobbies for action against restrictive trade barriers appeared first on Beef Central. Source: Beef Central International Beef Alliance… Read more »

300 bushfires scorch Kimberley in fire season shocker

Beleaguered pastoralists are counting the cost of a horrific fire season this year with some of the blazes having been deliberately lit. Source: ABC Beef Cattle 300 bushfires scorch Kimberley in fire season shocker

XE Market Analysis: Asia – Nov 08, 2017

FX trade was relatively quiet in N.Y. on Wednesday, leaving the dollar just marginally firmer overall. There was no U.S. data to drive prices, and for the most part, traders were happy to remain in consolidation mode. EUR-USD topped at 1.1604, before slipping to 1.1580 lows, while USD-JPY rallied over 113.80 from 113.40 at the… Read more »

Dalby sale 8 Nov 2017: Strong market for 4740 head

Competition was strong with feeder and restocker yearling steers holding firm. The medium weight feeder steers sold from 315c to a top of 331c/kg. Heavy yearling feeder steers reached 316c/kg. A good supply of light restocker yearling steers sold to 332c, to average 346c/kg. The post Dalby sale 8 Nov 2017: Strong market for 4740… Read more »

XE Market Analysis: North America – Nov 08, 2017

The dollar has been trading narrow ranges so far today, holding steady after ebbing concomitantly with U.S. Treasury yields during the New York session yesterday. News that the U.S. corporate tax cut may be delayed one year before implementation had also weighed on the dollar a bit. Oil prices, in sharp focus amid the political… Read more »

Abattoir project would give Qld beef producers market alternatives, says Govt

The proposed Hughenden abattoir project in North Queensland has been granted Major Project Status by the Australian Government, in a move designed to deliver an estimated 300 regional jobs and provide beef producers with market alternatives. The post Abattoir project would give Qld beef producers market alternatives, says Govt appeared first on Beef Central. … Read more »

NVLX Wodonga 7 Nov 2017: Vealer steers to 334c/kg

There were some exciting price gains recorded in the trade market as all domestic processors were keen to secure a market share. Price surges of another 7-12c were achieved. The post NVLX Wodonga 7 Nov 2017: Vealer steers to 334c/kg appeared first on Beef Central. Source: Beef Central NVLX Wodonga 7 Nov 2017: Vealer… Read more »

Weekly property review – the evolution of leasing creates opportunity

The investment landscape in Australian agriculture has been evolving over the last five years, with leasing now commonplace from corporate level to family farms. The post Weekly property review – the evolution of leasing creates opportunity appeared first on Beef Central. Source: Beef Central Weekly property review – the evolution of leasing creates opportunity

XE Market Analysis: Europe – Nov 08, 2017

The dollar has been trading narrow ranges so far today, holding steady in Asia after weakening concomitantly with U.S. Treasury yields during the New York session yesterday. News that the U.S. corporate tax cut may be delayed one year before implementation had also weighed on the dollar a bit. Oil prices, in sharp focus amid… Read more »

Legally speaking: Deadline for registration of foreign-owned water entitlements nears

Penalties will soon apply to foreign investors who have not yet registered their water entitlements for agricultural assets in Australia. The post Legally speaking: Deadline for registration of foreign-owned water entitlements nears appeared first on Beef Central. Source: Beef Central Legally speaking: Deadline for registration of foreign-owned water entitlements nears

Coles 620-630c/kg January lamb contract prompts quick take-up

LAMB producers have reacted quickly to the release of a Coles forward contract offering up 620-630c/kg for 18-25kg lambs delivered to Gundagai and Colac during December and January. The post Coles 620-630c/kg January lamb contract prompts quick take-up appeared first on Sheep Central. Source: Sheep Central Coles 620-630c/kg January lamb contract prompts quick take-up

JBS’s new super-premium grassfed beef brand blazes trail

The grassfed/natural beef sector reaches a new pinnacle in its evolution this week with the launch of a new, super-premium grassfed brand by JBS Australia. The company’s new ‘Little Joe’ brand carries a minimum marbling score of four, making it arguably the most exclusive grassfed beef ever offered in Australia, if not the world. The… Read more »

Agriculture on cusp of digital farming transformation

The digital revolution appears to be gaining some much-needed momentum in Australian agriculture as the market shows signs of upward movement in the uptake of digital technologies. The post Agriculture on cusp of digital farming transformation appeared first on Grain Central. Source: Grain Central Agriculture on cusp of digital farming transformation

Kay’s Cuts: The pitfalls of new beef industry technologies

In a timely follow-up to Beef Central’s article yesterday about developments in instrument based meat quality and yield grading systems, US meat and livestock market commentator Steve Kay discusses recent experiences in this space in the North American industry. The post Kay’s Cuts: The pitfalls of new beef industry technologies appeared first on Beef Central. … Read more »

South Australian Merino breeders back Merriman AWI election picks

SOUTH Australia’s peak stud Merino stud breeder body, Merino SA, has come out in support of Australian Wool Innovation’s recommended 2017 election candidates in a clear call for maintenance of the AWI board’s positions on marketing, mulesing, research and development, and pest control. The post South Australian Merino breeders back Merriman AWI election picks appeared first… Read more »

MLA leader Norton to talk on building lamb consumer trust at Victorian field day

LAMB value chain support and building consumer trust will be discussed by Meat & Livestock Australia managing director Richard Norton at a north east Victorian field day next week. The post MLA leader Norton to talk on building lamb consumer trust at Victorian field day appeared first on Sheep Central. Source: Sheep Central MLA… Read more »

Telstra offers customers remedies and compensation for slow internet speeds

AUSTRALIA’s peak communication consumer and competition bodies have demanded the National Broadband Network and retailers make achievable internet speed data available to customers at their premises. The post Telstra offers customers remedies and compensation for slow internet speeds appeared first on Beef Central. Source: Beef Central Telstra offers customers remedies and compensation for slow… Read more »

XE Market Analysis: Asia – Nov 07, 2017

The dollar started the N.Y. session on a firmer footing on Tuesday, though faded as the day progressed. Stocks headed lower, which was not USD supportive, while yields edged lower as well. EUR-USD topped at 1.1590, while USD-JPY dipped to 113.83 lows. USD-CAD advanced early, though later slipped to 1.2772 lows. Cable topped at 1.3165.[EUR,… Read more »

XE Market Analysis: US Dollar Rises on Hopes for Tax Reform

OVERVIEW GBP is down 0.4% versus US Dollar. The Euro is higher after reports from some ECB members who wanted an end date for Q.E. CAD is under pressure ahead of BOC’s governor speech. The AUD weakens as RBA signal rates on hold for time being. Oil prices have hit fresh 2-year highs on Saudi… Read more »

Incubating the missing link in livestock pedigree matching

A system that allows livestock producers to collect vital pedigree information – potentially saving money and boosting productivity – is one of the many early success stories of University of New England’s Smart Regional Incubator (SRI). The post Incubating the missing link in livestock pedigree matching appeared first on Beef Central. Source: Beef Central … Read more »

Strong AuctionsPlus wool sales last week are continuing

ONLINE wool trading platform AuctionsPlus had strong buyer and exporter enquiry last week, as auction market prices lifted, and the trend was continuing this week. The post Strong AuctionsPlus wool sales last week are continuing appeared first on Sheep Central. Source: Sheep Central Strong AuctionsPlus wool sales last week are continuing

Weekly rainfall wrap + 14 day outlook, 8 Nov 2017

Broad surface troughs produced showers and thunderstorms in the north and east of Australia. An intensifying low pressure system tracked across New South Wales, producing moderate to locally heavy falls. The post Weekly rainfall wrap + 14 day outlook, 8 Nov 2017 appeared first on Beef Central. Source: Beef Central Weekly rainfall wrap +… Read more »

Roma store 7 Nov 2017: Prices lift with wet conditions

Prices increased, with all buyers were in attendance and operating in wet conditions. The post Roma store 7 Nov 2017: Prices lift with wet conditions appeared first on Beef Central. Source: Beef Central Roma store 7 Nov 2017: Prices lift with wet conditions

XE Market Analysis: North America – Nov 07, 2017

The dollar has been rally move, showing, as of the late London AM session, a gain of 0.4% versus both the euro and yen, a 0.5% gain in the respective cases against the Australian and Canadian dollars, and a relatively muted 0.2% advance versus the pound. EUR-USD logged a new three-and-a-half month low at 1.1553… Read more »

Sheep Producers of Australia candidates set for new peak sheep meat board

STATE farming organisation delegates will elect the inaugural board of Sheep Producers Australia in Perth next week, replacing the peak body, the Sheepmeat Council of Australia. The post Sheep Producers of Australia candidates set for new peak sheep meat board appeared first on Sheep Central. Source: Sheep Central Sheep Producers of Australia candidates set… Read more »

XE Market Analysis: Europe – Nov 07, 2017

Dollar majors have continued to ply narrow ranges for the most part. EUR-USD side-lined in the low 1.16s. AUD-USD and USD-JPY saw a little more movement. The former lifted in the immediate wake of the RBA policy announcement and statement, with the central bank leaving interest rates unchanged (cash rate at 1.5%) while leaving guidance… Read more »

Instrument grading making rapid progress, in both meat yield and eating quality

The rapid pace of change in instrument-based grading technology for both meat yield and eating quality assessment was on display at last week’s SmartBeef conference in Armidale. “Technology in all these fields is moving very fast, and examples of various objective systems are out there being used in different parts of the world meat industry… Read more »

Rain spells good news for Queensland beekeepers

Soaking spring rain in many parts of Queensland spreads some sunshine for local bee keepers and their insects, following a dry winter, which drained nectar and pollen supplies. Source: ABC Livestock Rain spells good news for Queensland beekeepers

The opportunity for Australian beef lies in genuine supply chains

The continued growth of large, relationship-based beef supply chains in recent years, linking producers able to consistently supply cattle within precise quality specifications to customers able to pay more for a premium article, was a dominant theme at ALFA’s 2017 SmartBeef conference in Armidale. The post The opportunity for Australian beef lies in genuine supply… Read more »

Miniature bulldog inspires Kevin, the Fragrance, for man's best friend

There is a new brand of toiletries in town that’s going off called Kevin, the Fragrance, and it’s not for the man or woman in your life, it’s for your best friend — your dog. Source: ABC Livestock Miniature bulldog inspires Kevin, the Fragrance, for man’s best friend

Why you should care about biosecurity planning

Have you ever considered your weekend camping trip to be contributing to the risk of disease spreading through Australia’s beef herd? Source: ABC Beef Cattle Why you should care about biosecurity planning

XE Market Analysis: Asia – Nov 06, 2017

The dollar started the N.Y. session on a firmer footing, though later slipped broadly, on concerns over Trump’s Asian trip, Saudi Arabia’s purge, and the naming of U.S. Commerce Secretary Ross in the so-called Paradise Papers. EUR-USD bottomed at 1.1580 early on, before rallying to 1.1616 highs after the London close. USD-JPY, which had printed… Read more »

XE Market Analysis: US Dollar Quiet After Biggest Weekly Rise in 2017

OVERVIEW Friday’s mixed employment report and caution over US tax reforms leave the US Dollar marginally weaker. GBP is steady on hopes for progress in Brexit negotiations this week. The Euro is under pressure despite upbeat data and comments from ECB board member Praet.  The markets are off to a very quiet week with no… Read more »

Opinion: Grassfed restructure against spirit of Senate recommendations

Opinion article on the grassfed cattle industry restructure process submitted by Central Queensland cattle producer and member of the grassfed cattle industry restructure Implementation Committee, Ashley McKay. The post Opinion: Grassfed restructure against spirit of Senate recommendations appeared first on Beef Central. Source: Beef Central Opinion: Grassfed restructure against spirit of Senate recommendations

Wagga sale 6 Nov 2017: Buyers active after widespread rain

All buyers were active in a dearer market for secondary yearlings, while domestic and export prices varied depending on quality. High yielding supplementary fed stock were paid premium prices for the better finished lines, with all southern processors having to compete strongly against each other for a market share. The post Wagga sale 6 Nov… Read more »

Rising producer prices are flashing a caution signal

In addition to my long leading/ short leading/ coincident paradigm for forecasting expansions and recessions, I have a couple of fundamentals based alternative approaches that tell me how confident I should be. Source: XE news feed Rising producer prices are flashing a caution signal

Herefords join move to single-step genetic evaluation

The Hereford breed has become the second beef cattle breed in Australia to deliver a single-step genetic evaluation to members.   The post Herefords join move to single-step genetic evaluation appeared first on Beef Central. Source: Beef Central Herefords join move to single-step genetic evaluation

XE Market Analysis: North America – Nov 06, 2017

EUR-USD came under moderate pressure amid a mixed bag of leads out of the Eurozone, with the final October composite PMI reading being revised higher (to 56.0 from 55.9) being offset by dovish tilting remarks by ECB member Praet, who said that a “substantial amount of monetary accommodation continues to be necessary.” The euro clocked… Read more »

XE Market Analysis: Europe – Nov 06, 2017

Most dollar majors have been seeing narrow ranges. EUR-USD, for instance, has been plying a narrow range around the 1.1600 level, consolidating after dropping from levels near 1.1700 on Friday following the U.S. October jobs report, which although disappointing in the headline (at 216k), showed the jobless rate dipping and back revisions adding a further… Read more »

NSW wool grower claims Wool Exchange Portal at risk from AWI election moves

UPROAR in the Australian Wool Innovation 2017 election escalated today with claims the proposed Wool Exchange Portal has been politicised and put at risk by the actions ofAWI chairman Wal Merriman and board candidate Will Wilson. The post NSW wool grower claims Wool Exchange Portal at risk from AWI election moves appeared first on Sheep… Read more »

Rain boosts AuctionsPlus sheep and lamb offering

RAIN across Australia helped boost AuctionsPlus sheep and lamb listings to 91,290 last week, up just over 9000 more than the previous week. The post Rain boosts AuctionsPlus sheep and lamb offering appeared first on Sheep Central. Source: Sheep Central Rain boosts AuctionsPlus sheep and lamb offering

Merinos and cropping working well on the Yorke Pensinsula

MERINOS are a vital part of the enterprise mix at Craig and Abigail Hickman’s Curramulka property Seaview, on the Yorke Peninsula, South Australia, producing $130 per winter grazed hectare per 100mm of growing season rainfall in 2016. The post Merinos and cropping working well on the Yorke Pensinsula appeared first on Sheep Central. Source:… Read more »