Month: November 2017

Sheep reproductivity, survival and technology projects win levy funding

NEW approaches to increase the national flock’s weaning rate and improve the survival of triplet dams and their lambs are among projects to benefits from $9.5 million in levy funding from Meat & Livestock Australia. The post Sheep reproductivity, survival and technology projects win levy funding appeared first on Sheep Central. Source: Sheep Central … Read more »

Inland wool brokers voice lack of support for AWI’s Wool Exchange Portal

AUSTRALIA’S inland wool brokers have joined other peak trade bodies in rejecting a claim by Australian Wool Innovation chairman Wal Merriman that there was unanimous agreement for AWI’s Wool Exchange Portal project to proceed. The post Inland wool brokers voice lack of support for AWI’s Wool Exchange Portal appeared first on Sheep Central. Source:… Read more »

Victoria’s on-farm energy survey extended for another week

VICTORIA’S on-farm energy survey deadline has been extended for another week. The state’s farmers are being urged to complete the Agriculture Victoria On-Farm Energy Survey before its deadline of midnight November 12. The post Victoria’s on-farm energy survey extended for another week appeared first on Sheep Central. Source: Sheep Central Victoria’s on-farm energy survey extended… Read more »

Former Australian Ambassador to China will be keynote speaker at LIVEXchange

FORMER Australian Ambassador to China, Dr Geoff Raby, will be a keynote speaker at LIVEXchange 2017 later this month. The post Former Australian Ambassador to China will be keynote speaker at LIVEXchange appeared first on Sheep Central. Source: Sheep Central Former Australian Ambassador to China will be keynote speaker at LIVEXchange

Preparation for a major disease outbreak on track: CSIRO scientist

A group of Australian scientists recently met in Canberra at a workshop hosted by Animal Health Australia to discuss the work being undertaken to prepare Australia for a major disease outbreak like Foot and Mouth Disease.  The post Preparation for a major disease outbreak on track: CSIRO scientist appeared first on Beef Central. Source: Beef… Read more »

Former Ambassador set for LIVEXchange keynote address

Former Australian Ambassador to China, Dr Geoff Raby, has been unveiled as a keynote speaker at LIVEXchange 2017 conference in Perth next week. The post Former Ambassador set for LIVEXchange keynote address appeared first on Beef Central. Source: Beef Central Former Ambassador set for LIVEXchange keynote address

Producer consultation guides $9.5m in on-farm research

  LIVESTOCK producers, through consultation with Meat & Livestock Australia, have directly influenced the investment of $9.5 million of levy funds into 12 new research & development projects aimed at building the prosperity of the grassfed beef and sheepmeat sectors. The projects address key industry priorities that fit within three themes: whole farm breeder productivity… Read more »

US Economic Week in Review: The Economy is Operating Solidly

            This week’s news pointed to a solidly expanding US economy.  Personal consumption expenditures continued growing at an impressive pace.  The ISM surveys also showed continued growth.  While the jobs report was strong, it’s best to look at the averages, which show the economy is continuing to grow at a… Read more »

International Economic Week in Review: The BOJ and BOE Release Their Latest Statements

            This week, the BOJ issued their latest policy statement, which was a continuation of their low interest rate policy.  Other data indicated that Abenomics is working.  EU news continued to impress.  The BOE raised rates.  However, their policy announcement contained contradictory statements about future growth prospects. Source: XE… Read more »

US Bond Market Week in Review: Powell Is Remarkably Mainstream

            Because he was more of a regulator than an economist, Governor Powell flew below my radar screen.  So when Trump nominated Powell to be the new head of the Federal Reserve, I had to do my homework, reading speeches he has given over the last year or to become… Read more »

Recent beef export slump continues, with October trade at 86,200t

The sharp slowdown in Australian beef kills seen since August is reflected in latest export statistics, with October trade to all markets below 86,300 tonnes. The post Recent beef export slump continues, with October trade at 86,200t appeared first on Beef Central. Source: Beef Central Recent beef export slump continues, with October trade at… Read more »

Sharp lift in cattle prices drives agri-index higher

NAB’s Rural Commodities Index rose 2.1pc in October – the first increase since May this year – driven largely by an increase in cattle prices. However, even if seasonal conditions remain strong, key export markets remain a challenge, as Australian cattle prices remain detached from US fundamentals in many ways. The post Sharp lift in… Read more »

Weekly Indicators: corporate bonds break out positively edition

October data started out almost entirely positive, with very strong ISM manufacturing and services readings, a strong rebound in vehicle sales for the second month in a row, strongly positive consumer confidence, an underemployment rate equal to the lowest since 2000, and an unemployment rate lower than any since then. Jobs also rebounded, and September’s… Read more »

Grain Central’s October 2017 grain news quiz

Test your Australian grain industry knowledge with Grain Central’s monthly quiz The post Grain Central’s October 2017 grain news quiz appeared first on Grain Central. Source: Grain Central Grain Central’s October 2017 grain news quiz

Steer, heifer prices trend downwards on AuctionsPlus

AuctionsPlus cattle numbers soared this week to 11,774 head, up 27pc on the week before. The three Eastern States sales represented the largest cattle listing since mid-June, attracting strong bidder interest. Most steer and heifer prices trended downwards. The post Steer, heifer prices trend downwards on AuctionsPlus appeared first on Beef Central. Source: Beef… Read more »

Operational changes ahead within ACC/Acton joint venture

North Queensland cattleman Evan Acton is to step back from his daily operational role within Australian Cattle and Beef Holdings, the joint venture company established by Acton Land & cattle Co and Australian Country Choice. The post Operational changes ahead within ACC/Acton joint venture appeared first on Beef Central. Source: Beef Central Operational changes… Read more »

XE Market Analysis: US Dollar Sinks on Slow Employment Growth

OVERVIEW The Sterling has managed to claw back some of yesterday’s losses. US Dollar hits one week low after a weaker jobs report was released. The Loonie is stronger today after the strengthened employment numbers were released.  HIGHLIGHT Source: XE news feed XE Market Analysis: US Dollar Sinks on Slow Employment Growth

XE Market Analysis: North America – Nov 03, 2017

The dollar majors have hunkered down into the release of the U.S. October payrolls, which is up later today and will fine-tune Fed policy expectations for the period ahead, including the December FOMC where there Fed is widely expected to resume its gradualist tightening policy with a 25bp hike in the funds rate. USD-JPY has… Read more »

XE Market Analysis: Europe – Nov 03, 2017

The dollar majors have hunkered down into the release of the U.S. October payrolls, which is up later today and will fine-tune Fed policy expectations for the period ahead, including the December FOMC where there Fed is widely expected to resume its gradualist tightening policy with a 25bp hike in the funds rate. USD-JPY has… Read more »

Wool prices boom as supply concerns deepen in Europe and China

SUPPLY concerns from European and Chinese buyers, and a favourable exchange rate, helped push the AWEX Eastern Market Indicator up 45 cents to 1623c/kg clean, surpassing the previous peak set in mid-August. The post Wool prices boom as supply concerns deepen in Europe and China appeared first on Sheep Central. Source: Sheep Central Wool… Read more »

Wool exporters also voice lack of agreement on Wool Exchange Portal

AUSTRALIA’S wool exporters have joined brokers in voicing concerns at purported “unanimous” agreement that Australian Wool Innovation’s Wool Exchange Portal project proceed. The post Wool exporters also voice lack of agreement on Wool Exchange Portal appeared first on Sheep Central. Source: Sheep Central Wool exporters also voice lack of agreement on Wool Exchange Portal

NZ research indicates milking sheep is a more sustainable option than dairy cows

MILKING sheep could be a more sustainable option than dairy cows for New Zealand farmers, new Lincoln University research has indicated. The post NZ research indicates milking sheep is a more sustainable option than dairy cows appeared first on Sheep Central. Source: Sheep Central NZ research indicates milking sheep is a more sustainable option… Read more »

Australia fears fallout if Europe bans glyphosate

Calls for a ban in Europe of the widely-used, non-selective herbicide, glyphosate, have sparked fears of far-reaching consequences for global food producing and exporting nations such as Australia. The post Australia fears fallout if Europe bans glyphosate appeared first on Grain Central. Source: Grain Central Australia fears fallout if Europe bans glyphosate

Animal sanctuary move hit by tragedy as camels die

Seven camels have died during the relocation of an animal sanctuary from Menindee in far west New South Wales to Goodooga in the state’s north. Source: ABC Livestock Animal sanctuary move hit by tragedy as camels die

Meat & Livestock Australia Board Selection Committee nominees named

SOUTH Australian sheep producer Jane Kellock is set to continue as the sheep meat representative on the Meat & Livestock Australia Board Selection Committee. The post Meat & Livestock Australia Board Selection Committee nominees named appeared first on Sheep Central. Source: Sheep Central Meat & Livestock Australia Board Selection Committee nominees named

WAFarmers urges wool growers to vote for change, in AWI director election

WESTERN Australian producer body WAFarmers has urged wool growers to vote for change in the 2017 Australian Wool Innovation election. The post WAFarmers urges wool growers to vote for change, in AWI director election appeared first on Sheep Central. Source: Sheep Central WAFarmers urges wool growers to vote for change, in AWI director election

XE Market Analysis: Sterling Slides Despite Historic Rate Increase

OVERVIEW GBP markets disappointed by the outlook for interest rates. USD is slightly weaker as Republicans unveil tax bill, FOMC remains unchanged. The Euro is lifted by strong manufacturing data. AUD rallies after unexpectedly strong trade and buildings approval data. HIGHLIGHT Source: XE news feed XE Market Analysis: Sterling Slides Despite Historic Rate Increase

XE Market Analysis: Asia – Nov 02, 2017

FX trade started the Thursday session with an as-expected BoE rate hike, which was followed with a sell-the-fact response from the sterling market. Cable retreated to near one-month lows of 1.3058 into the London close from 1.3225. Elsewhere, details of the U.S. tax reform bill were released, which initially did not go over well. Stocks… Read more »

Recruitment: 3 tips for bridging the generation gap in family beef businesses

There’s a temptation to think most of the challenges in multi-generational family livestock businesses will revolve around the growth of wealth and discussions about money. However there are other very important factors that determine whether the family business will remain sustainable, says family business consultant, David Harland. The post Recruitment: 3 tips for bridging the… Read more »

An economy firing on all cylinders

When it comes to the economy both in the present and over the next 3 to 6 months, there’s nary a cloud in the sky. I won’t bother with a graph, but the stock market (which doesn’t measure the well-being of the average American, but is a legitimate leading indicator over the next 3 to… Read more »

Young lot feeder of the year proactively bridging the city-country divide

It’s easy to imagine the city-country divide would be much less of an issue if there were more people like Thomas Green working in agriculture. The post Young lot feeder of the year proactively bridging the city-country divide appeared first on Beef Central. Source: Beef Central Young lot feeder of the year proactively bridging… Read more »

XE Market Analysis: North America – Nov 02, 2017

The dollar has been trading generally softer so far today, although was settled at near net unchanged levels against the yen heading into the New York interbank open and up versus the pound. Reports that Fed Governor Powell will be nominated to the Fed Chairmanship position later today imparted a downside spin on the greenback,… Read more »

Four-way tie for feedlot ‘Top Guns’ crown in implant performance

Four large commercial feedlots shared the honours in an important production award presented during the SmartBeef 2017 feedlot conference in Armidale earlier today. The economic and welfare benefits of best-practice HGP implant procedure were highlighted in the annual Coopers ‘Top Gun’ award. Coopers Animal Health in 2014 introduced its Revalor Top Gun program, designed to… Read more »

Smartbeef conference salutes feedlot industry’s achievers

The grainfed beef industry’s SmartBeef conference in Armidale recognised industry achievement with a series of awards and acknowledgements today, including the Zoetis Excellence in Feedlot Education Medal and the Communicate your Research medal. The post Smartbeef conference salutes feedlot industry’s achievers appeared first on Beef Central. Source: Beef Central Smartbeef conference salutes feedlot industry’s… Read more »

XE Market Analysis: Europe – Nov 02, 2017

The dollar has traded softer following reports run by MarketWatch and Bloomberg saying that Fed Governor Powell will be nominated to the Fed Chairmanship position later on Thursday. Powell is seen as one of the more dovish candidates for the top job at the Fed, similar to Yellen. Yesterday’s conclusion of the FOMC, meanwhile, predictably… Read more »

Aussie Meat Pies – in Jakarta

A pie shop specialising in selling pies made of high quality Aussie beef, and no Indian buffalo meat, is doing a roaring trade, having recently sold its 25,000th pie, as one very satisfied customer, Dr Ross Ainsworth, reports. The post Aussie Meat Pies – in Jakarta appeared first on Beef Central. Source: Beef Central … Read more »

NSW DPI highlights importance of testing feed quality of failed crops

THE importance of testing crop hay for quality has been highlighted by recent variable results in New South Wales. The post NSW DPI highlights importance of testing feed quality of failed crops appeared first on Sheep Central. Source: Sheep Central NSW DPI highlights importance of testing feed quality of failed crops

Bluetongue zone to remain around Echuca for another month

Bluetongue virus testing of cattle herds around Echuca has been completed, but maintenance of a temporary 100km zone around the area will be extended for another month while results are confirmed. The post Bluetongue zone to remain around Echuca for another month appeared first on Beef Central. Source: Beef Central Bluetongue zone to remain… Read more »

Dubbo sale 2 Nov 2017: Bullocks highlight of quality yarding

The outstanding display of large numbers of bullocks in prime condition was the highlight in mostly good quality yarding. The post Dubbo sale 2 Nov 2017: Bullocks highlight of quality yarding appeared first on Beef Central. Source: Beef Central Dubbo sale 2 Nov 2017: Bullocks highlight of quality yarding

Recruitment: 3 tips for bridging the generation gap in family beef businesses

There’s a temptation to think most of the challenges in multi-generational family beef businesses will revolve around the growth of wealth and discussions about money. However there are other very important factors that determine whether the family business will remain sustainable, says family business consultant, David Harland. The post Recruitment: 3 tips for bridging the… Read more »

Grain production drops as big dry and severe frosts bite

Australian grain growers are set to produce just 35 million tonne in 2017 growing season, down 41 per cent on last year. Source: ABC Grain Grain production drops as big dry and severe frosts bite

Russian wheat crop will be a big one

The Russian wheat crop is getting larger with updated estimates indicating another record harvest this season. The post Russian wheat crop will be a big one appeared first on Grain Central. Source: Grain Central Russian wheat crop will be a big one

Grassfed restructure: funding a big step forward, but questions remain

Long-running efforts to create a new directly-elected body to represent all grassfed cattle producers across Australia took a small but significant step forward with the awarding of a $500,000 Federal Government grant toward the process last Friday. The post Grassfed restructure: funding a big step forward, but questions remain appeared first on Beef Central. … Read more »

First project funded under the $100m Beef Roads Program

The first project under the $100 million Beef Roads Program has been approved by the Australian Government to seal 16.9 kilometres of the Clermont to Alpha Road in Central Queensland. The post First project funded under the $100m Beef Roads Program appeared first on Beef Central. Source: Beef Central First project funded under the 0m Beef… Read more »

XE Market Analysis: Asia – Nov 01, 2017

The dollar was range bound ahead of the FOMC announcement, though a decent ADP jobs report kept a floor under the unit. The greenback rose a bit, then fell, then rose again following the Fed announcement, where policy was left unchanged, as expected, and the statement was unremarkable. EUR-USD dipped to 1.1619 from near 1.1630,… Read more »

Producer nominees for MLA Board Selection Committee announced

Meat & Livestock Australia (MLA) has this morning announced the nominees to fill three producer representative positions on the MLA Board Selection Committee at this year’s Annual General Meeting (AGM) to be held as part of Red Meat 2017 in November in Alice Springs. The post Producer nominees for MLA Board Selection Committee announced appeared… Read more »

Kangaroos coach Mal Meninga kicks off his own meat and sauce brand

Australian rugby league great and current national team head coach, Mal Meninga, OAM, has launched his own brand of sauces, condiments and barbecue-ready meat. The post Kangaroos coach Mal Meninga kicks off his own meat and sauce brand appeared first on Beef Central. Source: Beef Central Kangaroos coach Mal Meninga kicks off his own… Read more »

XE Market Analysis: North America – Nov 01, 2017

EUR-USD has continued to gravitate around the 1.1630-40 area. The pair remains some 50 pips up on the lows seen in early trade yesterday, with some of the Catalonian risk discount having since unwound some. EUR-GBP has traded into one-month low territory, driven by pound outperformance ahead of the BoE’s expected rate hike this week,… Read more »

XE Market Analysis: Europe – Nov 01, 2017

The dollar has been trading mixed so far today, losing ground to an outperforming pound, holding net steady versus the euro while gaining on the yen. The pound traded firmer for a third consecutive day, logging a near-two-week high versus the dollar, at 1.1.3292 and a one-month high against the euro. Sterling markets are anticipating… Read more »

Australia to bid for 2020 Organic World Congress

Australia will next week launch a bid to host the next Organic World Congress, to be held in 2020. The post Australia to bid for 2020 Organic World Congress appeared first on Beef Central. Source: Beef Central Australia to bid for 2020 Organic World Congress

Brahman bull sets record with $325,000 sale

Determined bidders push Brahman bull’s auction price to an Australian record of $325,000. Source: ABC Beef Cattle Brahman bull sets record with 5,000 sale

Viewpoint: European anti-tech groups threaten to derail CRISPR gene editing in agriculture

New genome editing tools allow scientists to make specific genetic improvements in all organisms, including crop plants, but the technology is under challenge by activists in Europe. The post Viewpoint: European anti-tech groups threaten to derail CRISPR gene editing in agriculture appeared first on Grain Central. Source: Grain Central Viewpoint: European anti-tech groups threaten… Read more »

Hewitt secures Organic properties and stake in Arcadian marketing company

Canadian pension fund-backed Hewitt Cattle Australia has purchased two Certified Organic grazing properties, and taken a small stake – reported to be 15 percent – in organic beef supply chain Arcadian Organic & Natural Meat. The post Hewitt secures Organic properties and stake in Arcadian marketing company appeared first on Beef Central. Source: Beef… Read more »

Wellard sets sail to China, charts course for new feeder steer trade

Australia’s largest livestock exporter Wellard Ltd is hoping a successful first shipment of slaughter beef steers to China will facilitate the issuing of feeder cattle import permits for the market. The post Wellard sets sail to China, charts course for new feeder steer trade appeared first on Beef Central. Source: Beef Central Wellard sets… Read more »

Wool broker body rejects AWI chairman’s claim of unaminous WEP support

AUSTRALIA’S peak wool broker body has refuted Australian Wool Innovation chairman Wal Merriman’s claim that its members unanimously agree AWI’s proposed Wool Exchange Portal should proceed. The post Wool broker body rejects AWI chairman’s claim of unaminous WEP support appeared first on Sheep Central. Source: Sheep Central Wool broker body rejects AWI chairman’s claim… Read more »

WoolProducers Australia urges growers to not appoint AWI election proxies

PEAK grower body WoolProducers Australia is urging all Australian Wool Innovation shareholders to personally vote in this year’s AWI director elections and not appoint any proxies for the November 17 ballot. The post WoolProducers Australia urges growers to not appoint AWI election proxies appeared first on Sheep Central. Source: Sheep Central WoolProducers Australia urges… Read more »

XE Market Analysis: Asia – Oct 31, 2017

FX trade was relatively quiet in N.Y. on Tuesday, with the dollar putting in a mixed performance. Incoming U.S. data was somewhat supportive of the greenback, as both Chicago PMI and consumer confidence were better than expected. The doolar lost some ground to the euro and pound, though posted gains versus the yen and CAD…. Read more »

Kiwi shearers and wool handlers dominate at Warrnambool Shears

NEW ZEALAND shearers have scored a near-clean sweep at Australia’s top crossbred shearing competition at Warrnambool in Victoria, but failed in the trans-Tasman teams event. The post Kiwi shearers and wool handlers dominate at Warrnambool Shears appeared first on Sheep Central. Source: Sheep Central Kiwi shearers and wool handlers dominate at Warrnambool Shears

XE Market Analysis: The Pound Continues to March Towards Thursday

OVERVIEW The Canadian Dollar has slipped today after GDP growth is reported at -0.1%. Sterling spiked higher on positive Brexit negotiation tone from Europeans. Dollar stable despite political turmoil around Trump ex-staff member.  HIGHLIGHT Source: XE news feed XE Market Analysis: The Pound Continues to March Towards Thursday

Weekly rainfall wrap + 14 day outlook, 1 Nov 2017

A complex low pressure system produced storms and moderate falls in eastern New South Wales, while surface troughs across northern and eastern Australia generated showers and thunderstorms throughout the week. The post Weekly rainfall wrap + 14 day outlook, 1 Nov 2017 appeared first on Beef Central. Source: Beef Central Weekly rainfall wrap +… Read more »

Roma store 31 Oct 2017: Restockers boost prices up to 10-15c dearer

All buyers were present and operating in a robust market with a lift of 10c to 15c in places relative to quality. Widespread rain has improved cattle condition and boosted restocker confidence. The post Roma store 31 Oct 2017: Restockers boost prices up to 10-15c dearer appeared first on Beef Central. Source: Beef Central … Read more »