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GrainsSteer prices across all weight ranges fell on AuctionsPlus this week, while heifer trends were mixed. Source: Beef Central Steer prices ease in smaller AuctionsPlus offering
Month: August 2019
European retail brands seek ethically-produced, non-mulesed wool
Despite prices in the overall wool market declining, non-mulesed wool is fetching premium prices due to the demand in Europe by retail brands looking for ethically produced wool. Source: ABC Livestock European retail brands seek ethically-produced, non-mulesed wool
Next time you buy a high-end steak, consider an old dairy cow
Most beef you eat comes from around two-year-old cattle, but some farmers are singing the praises of dry-aged beef from what they call “vintage” cows. Source: ABC Livestock Next time you buy a high-end steak, consider an old dairy cow
XE Market Analysis: Asia – Aug 30, 2019
The DXY traded to better than two-year highs of 99.02 in N.Y. on Friday, up from morning lows of 98.41. The Dollar’s yields advantage over the Euro and Yen in particular, including easing central banks, have supported the Greenback of late, as has the relative outperformance of the U.S. economy. Friday’s U.S. data was generally… Read more »
XE Market Analysis: Canadian GDP Growth Impresses while Eurozone Sends out SOSes
OVERVIEW Canada’s real GDP increased by 3.7% in the second quarter German retail sales dropped by a couple of points Investors are curious to see how the British Parliamentary session will play out next week after PM Johnson received parliamentary approval to suspend until just before October 31st HIGHLIGHTS Source: XE news feed XE… Read more »
XE Market Analysis: North America – Aug 30, 2019
The Dollar has continued to trade steady-to-firmer amid a backdrop of rallying global stock market. China’s Foreign Ministry reaffirmed today that the U.S. and China are maintaining “effective communication.” The rekindling of risk appetite has taken the perceived pressure off the Fed to ease aggressively, which in turn has buoyed up the Dollar. EUR-USD declined… Read more »
XE Market Analysis: Europe – Aug 30, 2019
The Dollar has continued to trade on a mixed-to-firm footing, edging out a four-day high versus the Australian Dollar and matching yesterday’s four-week highs it saw against the Euro, while holding steady so far today against the Pound and the Canadian buck, and giving back some of the gains seen yesterday in the case against… Read more »
Victorian sheep flocks face pain relief regulation for mulesing
VICTORIAN sheep producers could risk on-spot-fines and penalties if they mules a sheep or lamb without pain relief after December this year if draft regulations released this week are adopted.… Source: Sheep Central Victorian sheep flocks face pain relief regulation for mulesing
Forward wool traders take risks at discounted rates
FORWARD wool markets traded solid volumes to start the week, with levels indicating continued price easing in a market looking to find support. Source: Sheep Central Forward wool traders take risks at discounted rates
Australian wool prices drop again, but is the ‘bottom’ in sight?
AUSTRALIA’S wool market continued its sharp decline this week, although business done after auction sales concluded yesterday indicates the market’s ‘bottom’ could be in sight. Source: Sheep Central Australian wool prices drop again, but is the ‘bottom’ in sight?
Dubbo Sale 30 Aug 2019: Quality lifts in bigger yarding
Southern restockers once again provide a solid base for the good numbers of store conditioned weaners. Source: Beef Central Dubbo Sale 30 Aug 2019: Quality lifts in bigger yarding
Recruitment: Ten tips for better teamwork
HAVE you ever wondered how some work groups exhibit effective teamwork and others remain dysfunctional for the life of the team? Effective teamwork is profoundly simple and difficult at the same time. These ten tips describe the environment that must occur within the team for successful teamwork. Source: Sheep Central Recruitment: Ten tips for… Read more »
Next generation Indonesian cattle leaders arrive in NT
The Northern Territory Cattlemen’s Association is hosting 20 Indonesian agricultural students for the next eight weeks as part of the NTCA Indonesian-Australia Pastoral Program. Source: Beef Central Next generation Indonesian cattle leaders arrive in NT
Technology plays role in Florida research into calf mortality
Technology is playing a key role in a US livestock research project exploring reasons for calf loss in the sub-tropical Florida region – many of the lessons from which may have application for production systems in northern parts of Australia. Source: Beef Central Technology plays role in Florida research into calf mortality
Feedgrain Focus: Trade slows as crunch nears for borderline crops
Values for WA wheat ex Brisbane have eased for current-crop and fallen considerably in new-crop slots, while in NSW time is running out for crops with limited yield prospects. Source: Beef Central Feedgrain Focus: Trade slows as crunch nears for borderline crops
Grain Central’s August 2019 grains and cropping news quiz
Keep up to date with Australian cropping industry developments with Grain Central’s monthly quiz. Source: Grain Central Grain Central’s August 2019 grains and cropping news quiz
Recruitment: Ten tips for better teamwork
Have you ever wondered how some work groups exhibit effective teamwork and others remain dysfunctional for the life of the team? Effective teamwork is both profoundly simple and difficult at the same time. These ten tips describe the environment that must occur within the team for successful teamwork to take place. Source: Beef Central … Read more »
Supermarkets shining light as Woolies delivers $1.75b profit
Driven by strong growth in its Australian supermarket operations, Woolworths has announced a net profit by $1.75 billion for the full year ended June 30 – up 7.2pc on the year before. Source: Beef Central Supermarkets shining light as Woolies delivers .75b profit
From rowing to making cheese and the storm it took to get there
Going into the age-old craft of cheesemaking is not normally sparked by violent weather, but this was the case for a former rower, who now loves the “glorious, warm feeling” of cheese curd. Source: ABC Livestock From rowing to making cheese and the storm it took to get there
XE Market Analysis: Asia – Aug 29, 2019
The Dollar was stronger in N.Y. trade on Thursday, lifted by positive developments on the trade war front. China officials said trade talks with the U.S. remain on the table in September, and indicated that for mow at least, there would be no retaliation for the new U.S. tariffs set to be implements on September… Read more »
XE Market Analysis: North America – Aug 29, 2019
The Yen went from outperformer to underperformer after China’s commerce ministry affirmed that September trade talks are not off the table. There was a palpable sigh of relief in markets after the Trump administration yesterday made official its extra 5% tariff on $300 bln in Chinese goods imports, affirming collection dates of September 1 and… Read more »
XE Market Analysis: Europe – Aug 29, 2019
The Yen has risen versus most other currencies today as markets take to defensive positioning amid a backdrop of sputtering stock markets. The forex markets’ barometer of risk appetite, AUD-JPY, has been a relatively big mover, and was showing a near 0.5% decline heading into the London interbank open. The less liquid NZD-JPY cross was… Read more »
An Argentinian cropping family is buying up cattle stations in the NT
Control of a 101,000-hectare property south-west of Katherine will go to a company backed by an Argentinian family with interests also in Uruguay, Brazil and the US. Source: ABC Livestock An Argentinian cropping family is buying up cattle stations in the NT
Modest $25 loss in latest grainfed trading budget
Record high forward pricing on 100-day grainfed slaughter steers has not been enough to offset higher feeder cattle prices in Beef Central’s latest monthly 100-day grained trading budget calculated this morning, which suggests a $25 loss on feeders entering a tard today, and closing out on December 12. Source: Beef Central Modest loss in… Read more »
Seasonal climate outlook for September-November 2019
A DRIER than average spring is likely for most of Australia, with the exception of western Tasmania and southwest WA, according to the latest three month rainfall and temperature outlook released by the Bureau of Meteorology today. Source: Sheep Central Seasonal climate outlook for September-November 2019
Seasonal climate outlook Sep-Nov 2019
A drier than average spring is likely for most of Australia, with the exception of western Tasmania and southwest WA, according to the latest three month rainfall and temperature outlook released by the Bureau of Meteorology today. Source: Beef Central Seasonal climate outlook Sep-Nov 2019
Updated MLA global market snapshots released
Growing demand in China for beef has seen Australian beef exports to the market increase almost 60-fold over the past decade. Source: Beef Central Updated MLA global market snapshots released
Dalby sale 28 Aug 2019: Market firm to dearer
The market was firm, with improvements in store cows and the feeder steer markets. Source: Beef Central Dalby sale 28 Aug 2019: Market firm to dearer
Cold Turkey trade steers Wellard to $48.3m loss
Until recently Australia’s largest livestock exporter, Wellard Limited has confirmed it is not currently trading livestock at all and is focusing exclusively on chartering its ships, as it reports a significant net loss for a fourth successive financial year. Source: Beef Central Cold Turkey trade steers Wellard to .3m loss
China now a central pillar of global meat markets
Never before in modern history has the global meat trade centred so much on a single country. Inclusive of Hong Kong, China is now the world’s largest destination for beef, sheepmeat, pork, poultry and offal, pulling in close to one quarter of total meat traded on international markets, MLA Market Insights Manager, Tim Ryan says. … Read more »
Webinar: How to reliably establish leucaena
join Queensland Department of Agriculture and Fisheries Senior Agronomist Stuart Buck in this upcoming webinar, who will discuss the climate and soil requirements of leucaena together with the recommended practices to prepare, plant and establish the browse legume. Source: Beef Central Webinar: How to reliably establish leucaena
Cargill expands US pea-protein production for ‘future of food’
Cargill is increasing its production of pea protein in the US to supply a growing domestic and export market. Source: Grain Central Cargill expands US pea-protein production for ‘future of food’
CBH Group provides shareholder loan to Interflour
CBH Group has provided a US$30 million shareholder loan to Interflour to support the Asian flour milling and malting business’ turnaround plan, and balance current debt and equity levels. Source: Grain Central CBH Group provides shareholder loan to Interflour
Price hikes loom for soy-based products as drought cripples local production
Drought has collided with high demand for soybeans, lifting prices by around $500 a tonne, prompting warnings of a price hike for soymilk, tofu and tempeh. Source: ABC Grain Price hikes loom for soy-based products as drought cripples local production
Bushfire recovery ongoing as season starts again
The 2019 bushfire season is looming but many landowners across Queensland are still reeling from last year’s catastrophic fires, which turned more than 4 million hectares of land into ashes. Source: ABC Livestock Bushfire recovery ongoing as season starts again
XE Market Analysis: Asia – Aug 28, 2019
The Dollar was little changed in N.Y. on Wednesday, leaving the DXY contained inside of a 98.22 to 98.13 trading range. There was nothing in the way of data to move markets, while Wall Street gained, and the U.S. Treasury curve remained inverted. Concerns over the U.S./China trade outlook took a breather today, with no… Read more »
Weekly property review: Recently completed sales
Argentinian buyer secure NT’s Manbulloo and Scott Creek | Proserpine’s Faust family aggregation secured by Marlborough buyers | Longreach country sells in separate parcels | Coal miner pays $13.5m for Moranbah’s Grosvenor Downs Source: Beef Central Weekly property review: Recently completed sales
Organic grazing operation southeast of Dubbo hits the market
One of Central Western New South Wales’ most highly regarded Certified Organic farming and grazing enterprises has been listed for sale. Source: Beef Central Organic grazing operation southeast of Dubbo hits the market
XE Market Analysis: North America – Aug 28, 2019
The Dollar has continued to trade in a directionally mixed manner, today holding steady against the Yen while gaining versus the Euro and against an underperforming Pound, the latter of which was hit by news that the UK prime minister is taking a controversial measure to prorogue (suspend) parliament as a means to limit the… Read more »
XE Market Analysis: Europe – Aug 28, 2019
The Dollar has continued to trade directionally mixed amid a backdrop of misfiring stock markets as participants digest recent mixed signals from the U.S.-China trade front. The narrow trade-weighted USD index (DXY) has settled in a narrow range above 98.00, having recouped about three quarters of the losses seen on Friday, when China announced retaliatory… Read more »
Could biochar help make your sheep and cattle ‘green’?
BIOCHAR research could help sheep and beef producers improve productivity and decrease greenhouse gas emissions by adding custom designed biochar to cattle and sheep rations, according to Meat & Livestock Australia. Source: Sheep Central Could biochar help make your sheep and cattle ‘green’?
Will early online wool demand fade again?
ONLINE wool marketer AuctionsPlus this week received modest buying interest prior to the physical auctions starting this week, selling some Merino crutchings and pieces selling on Monday. Source: Sheep Central Will early online wool demand fade again?
Country Road commits to non-mulesed wool + VIDEO
AUSTRALIAN clothing retailer Country Road has committed to using only fleece from flocks verified as not mulesing or as having ceased mulesing in its pure wool products sold in stores by winter 2021. Source: Sheep Central Country Road commits to non-mulesed wool + VIDEO
Striking outback life images win in photo competition
THE winners of the highly regarded Life and Light in the Western Region Photo Competition have been announced and they include some striking images of outback life and wildlife. Source: Sheep Central Striking outback life images win in photo competition
Executive management changes at Elders
Elders has confirmed a number of executive management changes to take effect from October 1. Source: Beef Central Executive management changes at Elders
Saleyard lamb prices mostly lower as early sell-off continues
LAMB prices generally plateaued in saleyards this week, but were mostly lower in northern markets on quality and numbers as the new season lamb turn-off continued to be impacted by lighter drafts. Source: Sheep Central Saleyard lamb prices mostly lower as early sell-off continues
Australia triggers China’s beef safeguard – what are the potential global market consequences?
Independent analyst Simon Quilty pulls apart China’s recent triggering of its safeguard tariff on Australian beef, and ponders what it means for Australian exports now and into the future Source: Beef Central Australia triggers China’s beef safeguard – what are the potential global market consequences?
Weekly rainfall wrap + rain outlook, 28 August 2019
COLD fronts brought light to moderate falls of rain to Western Australia’s west and south coast, and to Victoria. Fronts and westerly flow brought rain to Tasmania – heaviest in the west, with light falls in the north-east. Source: Sheep Central Weekly rainfall wrap + rain outlook, 28 August 2019
Tributes flow at Agronomy Society awards
Eminent research scientist, John Angus, and emerging South Australian researcher, Kenton Porker, were among the award recipients at this week’s Australian Agronomy Conference. Source: Grain Central Tributes flow at Agronomy Society awards
Ruralco-Landmark deal gets FIRB blessing
THE Ruralco-Landmark union now lies in the hands of Ruralco shareholders after Landmark parent Nutrien Limited received a no objection letter from the Foreign Investment Review Board (FIRB), Source: Grain Central Ruralco-Landmark deal gets FIRB blessing
Logged out: Farmers in remote areas are being left behind by the digital economy
Farming families and communities in Qld’s remote north are a good example of people in remote regional and rural areas of Australia being left behind by the digital economy, putting them at significant social and economic disadvantage. A report released this month details the impacts of low levels of “digital inclusion” among farmers in Far… Read more »
Bull sale proves good genetics trumps drought and flooding rains
Northern pastoralists are upbeat after the Fitzroy Crossing Bull Sale recorded strong results, despite a year of extreme weather. Source: ABC Livestock Bull sale proves good genetics trumps drought and flooding rains
This silo is special, even though it has no mural
While many grain silos around Australia are getting large-scale mural makeovers, one century-old structure is still operational, little-known and unadorned. Source: ABC Grain This silo is special, even though it has no mural
XE Market Analysis: Asia – Aug 27, 2019
The Dollar was held to relatively narrow ranges in N.Y. on Tuesday, though the DXY did manage very modest gains, bouncing from 97.89 lows at the open, and later peaking at 98.04. Better than expected U.S. consumer confidence data helped support the Greenback, though mixed signals with regards to the U.S./China trade war, have largely… Read more »
AI son produced from 45-year-old bull’s semen to sell at Rocky Droughtmaster sale
A rare stash of stored semen from a renowned Droughtmaster bull born 45 years ago has been used to produce a bull calf being offered at next month’s National Droughtmaster Sale in Rockhampton. Source: Beef Central AI son produced from 45-year-old bull’s semen to sell at Rocky Droughtmaster sale
XE Market Analysis: North America – Aug 27, 2019
The Dollar has been putting in another mixed day of trading, losing ground to the Yen and Sterling, holding near net unchanged versus the Euro while gaining moderately against the Australian and New Zealand Dollars. The Yen firmed and then softened, firming amid intraday declines in European equity markets and S&P 500 futures, and then… Read more »
Weekly genetics review: Setting realistic targets for genetic improvement
Many producers have no idea what their herd’s performance is, and are selecting for traits that are either not helping them or trying to address problems that are perceptions, and not facts. Starting with some benchmarks will provide a basis for better bull decisions, writes genetics editor Alastair Rayner Source: Beef Central Weekly genetics… Read more »
XE Market Analysis: Europe – Aug 27, 2019
The Yen firmed up, and was heading into the London interbank open with a 0.4% gain versus the Dollar, and a 0.6% rise against the Australian buck, which has been the underperformer of the main currency pack. The flight-to-safety dynamic, while modest, has been concomitant with a dip in S&P 500 futures, and has come… Read more »
CBH lends $43m to struggling Asian flour miller
One of Asia’s largest flour millers, Interflour, will receive millions from Australia’s CBH Group after the joint venture failed to meet performance expectations. Source: ABC Grain CBH lends m to struggling Asian flour miller
China’s growing influence seen in bigger HGP-free cattle price incentives
China’s rapidly expanding influence as a key export customer for Australian beef is being reflected in growing pricing distinctions between HGP-treated and non-treated cattle in the market. Source: Beef Central China’s growing influence seen in bigger HGP-free cattle price incentives
Wagga sale 26 Aug 2019: Pressure builds with dry conditions
The market faced considerable pressure as secondary cattle out pace demand due to the drying conditions. Source: Beef Central Wagga sale 26 Aug 2019: Pressure builds with dry conditions
Ruralco-Landmark deal now gets FIRB blessing
The Ruralco-Landmark union now lies in the hands of Ruralco shareholders after Landmark parent Nutrien Limited received a no objection letter from the Foreign Investment Review Board (FIRB) giving the geen light for its 100 percent acquision of Ruralco shares to proceed. Source: Beef Central Ruralco-Landmark deal now gets FIRB blessing
Rural Funds Group to sue US short seller
Rural Funds Management has announced it is commencing legal action against US-based activist short seller Bonitas Research, after an independent investigation by Ernst & Young (EY) said the assertions made against the group were not substantiated. Source: Beef Central Rural Funds Group to sue US short seller
Feeder bull strategy works for NT family cattle operation
The value of industry research can be measured in savings worth tens of thousands of dollars a year to the bottom line of the Mohr-Bell family’s Northern Territory cattle property Mathison Station. Source: Beef Central Feeder bull strategy works for NT family cattle operation
Australian Agronomy Conference celebrates farming advances + PICS
The Australian Agronomy Conference has drawn more than 300 agronomists, advisers and researchers to Wagga Wagga to explore the latest research under the theme, ‘Cells to Satellites’. Source: Grain Central Australian Agronomy Conference celebrates farming advances + PICS
The pictures that still send a chill down a farmer's spine
Today the Macleay Valley is suffering unprecedented drought, but 70 years ago it was inundated with “mighty waves as high as telegraph poles” that flooded the region and left 2,000 people homeless. Source: ABC Livestock The pictures that still send a chill down a farmer’s spine
Speculation grows that Kilcoy Global Foods may be eyeing-off public float
GRAINFED beef processor and exporter Kilcoy Global Foods may be close to announcing plans for a public float next year, on the Hong Kong Stock Exchange. Hong Kong-based trade and… Source: Beef Central Speculation grows that Kilcoy Global Foods may be eyeing-off public float
Buying a cheese factory becomes dairy farmer's success story
There’s been no end to bad news for the dairy industry, but one Queensland farmer is defying the trend by boosting tourism and drawing in droves of fans. Source: ABC Livestock Buying a cheese factory becomes dairy farmer’s success story
XE Market Analysis: Asia – Aug 26, 2019
The Dollar was a little higher overall in N.Y. on Monday, taking the DXY to 98.08 highs from opening lows of 97.95. EUR-USD was steady through the morning, topping at 1.1124, later bottoming at 1.1097. USD-JPY USD-JPY peaked at 106.40 early on, later settling into a narrow range on either side of 106.00. USD-CAD was… Read more »
XE Market Analysis: CAD Consolidates and Shows Little Interest, eh!
OVERVIEW The Dollar Index rebounds 0.5% and greenback firms against most major currencies. Poor IFO reading accentuates pressure on the Euro. WTI Crude oil added $1.00 to trade around $55 a barrel. Source: XE news feed XE Market Analysis: CAD Consolidates and Shows Little Interest, eh!
XE Market Analysis: North America – Aug 26, 2019
Developments on the trade front inspired fresh volatility in forex markets today, which saw the Yen hit a 33-month high against the Dollar before turning quite sharply lower. Thin conditions prevailed in the absence of London markets. USD-JPY lifted back to the upper 105.0s after hitting a 33-month low at 104.45 in early Tokyo trading…. Read more »
XE Market Analysis: Europe – Aug 26, 2019
High volatility has been the order in forex markets. News that President Trump said that China called U.S. negotiators and that “we’re going to start talking very seriously with China” and that “I think we will make a deal” helped spark a rotation low in the yen after the safe-haven currency choice had earlier rallied… Read more »
Egg producers cry foul over 'unrealistic' supermarket pricing
The egg industry is concerned cheap cage-free eggs being sold by a major supermarket are “unrealistic” and leading to unfair prices amid a nationwide supply shortage. Source: ABC Livestock Egg producers cry foul over ‘unrealistic’ supermarket pricing
Goat events planned for South Australia and Queensland
THE Bred Well Fed Well course designed initially for sheep is to be extended across Australia for goat producers. Source: Sheep Central Goat events planned for South Australia and Queensland
Australian wool industry honours excellence with medals
AUSTRALIAN Wool Industry Medal recipient Michael Blake last week spoke for all those who excelled daily in the sector, sometimes without due recognition. Source: Sheep Central Australian wool industry honours excellence with medals
Property: Central Australia’s Idracowra returns to local hands
Extensive Central Australian cattle breeding and growing property Idracowra has been bought prior to auction by local Alice Springs district beef producer interests, ending 12 years of foreign ownership. Source: Beef Central Property: Central Australia’s Idracowra returns to local hands
Bill cracking down on unlawful activism goes before Qld Parliament
Animal activists who conduct protests unfairly targeting Queensland producers could face longer jail terms and bigger fines for creating a biosecurity risk under legislation introduced into State Parliament last week. Source: Beef Central Bill cracking down on unlawful activism goes before Qld Parliament
New Dalby supplements plant signals rising demand
Performance Feeds has built its second plant on the Darling Downs which will focus on producing liquid supplements for the expanding cattle-on-feed market. Source: Beef Central New Dalby supplements plant signals rising demand
Production costs key Pardoo challenge
The bold investment by Pardoo Beef Corporation to create an irrigated pasture oasis using groundwater to produce high value Wagyu cattle in the Pilbara has created considerable interest in recent years. Source: Beef Central Production costs key Pardoo challenge
NSW sheep producers and processors dominate online bidding
CENTRAL west New South Wales buyers dominated online sheep and lamb buying via AuctionsPlus in Australia last week. Source: Sheep Central NSW sheep producers and processors dominate online bidding
Trade: Japan commits to lowering tariffs on US beef, while China raises theirs
As the US China trade war worsens, China announced on Friday that it will levy an extra 10pc in tariffs on US beef and pork from September 1 – the same week that Japan announced its intention to lower tariffs on US beef to levels enjoyed by TPP members, including Australia. Source: Beef Central … Read more »
Drought, pricing cut Sunrice profit 27pc
The SunRice Group has reported consolidated revenue of $1.2 billion for the year ending April 30, 2019, which is up 1.3 per cent on the prior year, and a Net Profit After Tax of $32.8 million, down 27 per cent on the previous year. Source: Grain Central Drought, pricing cut Sunrice profit 27pc
UNE to launch world’s first rural crime research centre
A WORLD-FIRST rural crime research centre will be launched be the University of New England in Armidale, New South Wales, next month. Source: Sheep Central UNE to launch world’s first rural crime research centre
World eight-hour strong wool shearing record attempt postponed
A BRITISH attempt to break the world eight-hour two-stand strong wool ewe shearing record has been postponed until September 24. Source: Sheep Central World eight-hour strong wool shearing record attempt postponed
Australia’s wool brokers back mandatory pain relief moves
AUSTRALIA’S peak wool brokers’ body has agreed to back industry plans to mandate the use of pain relief for the surgical mulesing of sheep. Source: Sheep Central Australia’s wool brokers back mandatory pain relief moves
State finalists announced for 2019 MSA eating quality awards
State finalists in the 2019 Meat Standards Australia Excellence in Eating Quality Awards have been announced ahead of an awards presentation and forum session in each state during September and early October. Hosted by MLA, the awards recognise beef producers throughout Australia who have achieved outstanding compliance rates to MSA specifications, as well as high… Read more »
Demand for bees increases as almond industry grows
Despite concerns earlier this year, the bee industry is confident it will be able to keep up with demand from the almond industry with hives trucked into SA’s Riverland region. Source: ABC Livestock Demand for bees increases as almond industry grows
You're paying more for milk but is any of it going to farmers?
Dairy farmers say they are devastated a 10-cents-a-litre increase in the retail price of milk in July has not been passed on to them. Source: ABC Livestock You’re paying more for milk but is any of it going to farmers?
Meet the rare turkeys donating their blood to science
Turkeys bred on a farm in western Victoria are at the centre of the global fight to improve the flu vaccine. Source: ABC Livestock Meet the rare turkeys donating their blood to science
XE Market Analysis: Asia – Aug 23, 2019
The Dollar Index fell to eight session lows of 97.67 in N.Y. on Friday, coming from 98.42 at the open. USD sellers stepped in after China announced 5-10% tariffs on an additional $75 bln of U.S. goods, and the Greenback was weighed down by a fairly dovish, but non-committal speech from Fed chair Powell. Volatility… Read more »
Heavier steers lift 20-30c in 9586 head AuctionsPlus offering
Steer prices trended up on AuctionsPlus this week, especially for heavier descriptions, which averaged 20-30c/kg higher than last week. Source: Beef Central Heavier steers lift 20-30c in 9586 head AuctionsPlus offering
XE Market Analysis: Europe – Aug 23, 2019
The New Zealand Dollar outperformed and China’s Yuan weakened, while the U.S. buck traded modestly firmer against most currencies as market participants anticipate Fed Chair Powell’s address at the Jackson Hole Symposium later today. Regarding Powell, market participants are evidently not overly hopeful he will signal a clear and strong commitment to sustained rate cuts… Read more »
Feedgrain Focus: Barley shapes up in fuzzy new-crop picture
Strong winds, warm days, some frosts and no rain have battered the yield potential of crops, but January delivered WA boat barley is buying demand in feedlot rations in southern Queensland. Source: Beef Central Feedgrain Focus: Barley shapes up in fuzzy new-crop picture
Dubbo Sale 22 Aug 2019: Southern restockers chase weaners
Continued support from southern restockers on the large numbers of plain conditioned weaners saves the day again at Dubbo in a smaller yarding. Source: Beef Central Dubbo Sale 22 Aug 2019: Southern restockers chase weaners
Surprising trends in ag research funding analysis
An analysis of investment in national rural research and development over the past decade has revealed, perhaps surprisingly, that overall funding for agricultural research in Australia has increased. The trend… Source: Beef Central Surprising trends in ag research funding analysis
Markets: Should southern states vendors hold on to weaners to sell as feeders?
In the current market, should southern states vendors try to hold on to weaners to sell as feeders? It has long been industry convention that a c/kg premium is received for weaner cattle, when compared to feeders, but the current drought conditions have seen a shift in this premium throughout 2019 towards feeder stock. … Read more »
GM crops: to ban or not to ban? That’s not the question
With SA and Tasmania recently in the news over their GM policies, debate over GM crops continues. Many people’s opinions relate to their views on what constitutes acceptable risk, and whether they see GM foods as substantially equivalent to non-GM foods. Source: Grain Central GM crops: to ban or not to ban? That’s not… Read more »
Young NSW farmers laud ‘life-changing’ coaching program
YOUNG farmers and fishers across New South Wales have been invited to apply for a “life-changing” coaching program run by the NSW Department of Primary Industries’ Young Farmer Business Program. Source: Sheep Central Young NSW farmers laud ‘life-changing’ coaching program
Recruitment: Eight good reasons to listen to your employees
Gone are the days where agribusiness managers spoke and employees just listened. Listening to employee concerns or ideas can have a positive impact on retaining staff. Source: Grain Central Recruitment: Eight good reasons to listen to your employees
Mandatory sheep and goat EID boosts NLIS compliance
MANDATORY Victorian electronic sheep and goat ear tag use and online workshops have boosted overall National Livestock Identification System compliance, Meat & Livestock Australia has reported. Source: Sheep Central Mandatory sheep and goat EID boosts NLIS compliance
