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GrainsRainfall is likely to be below average across most of the country for November, although western Tasmania is likely to be above average. This pattern of drier in NSW and wetter in western Tasmania is consistent with a negative SAM pattern persisting for most of November. Source: Beef Central Seasonal climate outlook November 2019-January… Read more »
Month: October 2019
XE Market Analysis: North America – Oct 31, 2019
The dollar posted fresh lows, extending losses that were imparted by the Fed’s policy guidance yesterday. The yen, meanwhile, outperformed amid a safe-haven driven rally that was catalyzed by a Bloomberg report citing ‘in the know’ sources saying that China is pessimistic that a comprehensive and long-term trade can can be made with the “impulsive”… Read more »
XE Market Analysis: Europe – Oct 31, 2019
The dollar has extended its post-Fed declines, which has seen the narrow trade-weighted USD index (DXY) print a one-week high at 97.29. EUR-USD pegged a 10-day high at 1.1170, Cable a one-week high at 1.2944, and AUD-USD a new three-month peak at 0.6929, extending the rise from the major trend lows seen in early October… Read more »
Anuga: Red meat trends from the world’s biggest food trade show + photos
Beef Central paid a visit to Anuga 2019, the world’s largest food trade show held in Cologne, Germany every two years, during a visit to Europe this month. The event attracts more than 170,000 trade visitors over five days, with a heavy emphasis on new product launches, consumer and retailing trends, as global red meat… Read more »
Dalby sale 31 October: Light steers returning to the paddock 21c/kg dearer
A large number of mixed quality cows came forward at Dalby today, along with a relatively small selection of heavy grown steers and bullocks, and there was a wide variation in the standard of the large supply of young cattle. Lightweight yearling steers returning to the paddock averaged 21c/kg dearer. Source: Beef Central Dalby… Read more »
Nitrate risk in failed crops
Up to 25 per cent of failed crops tested in NSW in the past week had nitrate levels which posed a health risk to stock consuming the crops through grazing or fodder. Source: Grain Central Nitrate risk in failed crops
Upskilling graduate agronomists to handle the tough issues
A new project developed especially for graduate agronomists in Queensland and NSW will offer newcomers to the grains sector an opportunity to boost their professional skills. Source: Grain Central Upskilling graduate agronomists to handle the tough issues
TFI releases $8-plus crossbred lamb contract for Tamworth
AUSTRALIA’S first 2019/20 summer lamb and mutton contracts were released today by Thomas Foods International as the company moves to secure future supplies for its Tamworth plant. Source: Sheep Central TFI releases -plus crossbred lamb contract for Tamworth
NSW DPI warns of toxic failed crop hay risk for livestock
HAY from failed crops with high nitrate levels could be kill livestock this year, recent testing data from the NSW Department of Primary Industries has shown. Source: Sheep Central NSW DPI warns of toxic failed crop hay risk for livestock
Feed additive claims 30pc reduction in methane emissions in cattle
Dutch technology company Royal DSM is getting closer to launching a new feed additive product which it claims reduces methane production in cattle by about 30 percent. Source: Beef Central Feed additive claims 30pc reduction in methane emissions in cattle
'It's frightening': Beef cattle breeders fear for industry future
Generations of Australia’s prime breeding cows are heading to slaughterhouses as a lack of water and feed sees more producers opt to “cash in and get out”. Source: ABC Livestock ‘It’s frightening’: Beef cattle breeders fear for industry future
Australia’s strength in partnerships as Brazil eyes cattle exports to Vietnam
With expectations Brazil will soon gain formal access to Vietnam for live cattle exports, possibly by December, attention is turning to how that could impact Australia’s strong and important cattle trade with the South East Asian nation. Source: Beef Central Australia’s strength in partnerships as Brazil eyes cattle exports to Vietnam
XE Market Analysis: Asia – Oct 30, 2019
FX trade was quiet ahead of the FOMC announcement, though the USD did perk up slightly early in the session following an in-line ADP jobs report, and a better than expected Q3 U.S. GDP outcome. Later, the Dollar traded slightly higher after the Fed cut interest rates by 25 basis points, as was widely expected…. Read more »
The Cattle Collective launched to bust livex myths
“That’s the best thing I’ve seen in years,” one North Queensland cattle producer commented aloud after a two-minute video launching The Cattle Collective (below) was broadcast to the LIVEXchange conference in Townsville on Wednesday afternoon. Source: Beef Central The Cattle Collective launched to bust livex myths
XE Market Analysis: North America – Oct 30, 2019
Both the dollar and yen ebbed against most other currencies, especially the euro, sterling and the Australian dollar, which have been moderate outperformers so far today. EUR-USD edged out a six-day high at 1.1123, and EUR-JPY posted a six-day peak. Cable also printed a six-day high, at 1.2905, and while GBP-JPY lifted, the cross remained… Read more »
XE Market Analysis: Europe – Oct 30, 2019
The dollar has been trading softer versus the Australian dollar, euro and sterling, while holding steady in narrow ranges against the yen and Canadian dollar, among other currencies. Political developments in the UK have, 1, put on a general election for December 12, and 2, prevented the spectre of a so-called ‘zombie’ parliament, with the… Read more »
Hundreds of koalas feared dead in bushfires south of Port Macquarie
The Port Macquarie koala hospital fears more than 350 koalas may have died in a bushfire south of the town, with staff frustrated they cannot yet access the site. Source: ABC Livestock Hundreds of koalas feared dead in bushfires south of Port Macquarie
Weekly rainfall wrap + rain outlook, 30 October 2019
AT the end of the week, an upper-level trough generated an extensive cloud band with isolated thunderstorms over the NT and western Queensland. A broad area of low pressure over northern WA generated isolated showers and thunderstorms in the Kimberley. Isolated thunderstorms also developed along the south-east Queensland coast near a surface trough. Source:… Read more »
Dog control guidelines for organic sheep operations welcomed
NEW guidelines for the use of the wild dog and fox poison 1080 on organic-certified properties have been welcomed by organic sheep and wool producers. Source: Sheep Central Dog control guidelines for organic sheep operations welcomed
More wool sells online as auction market improves
ONLINE wool demand followed the improved physical auction market last week to generate more bale sales with exporters. Source: Sheep Central More wool sells online as auction market improves
Setter takes over as new chair of LiveCorp
LIVESTOCK export research and development body, LiveCorp has elected Consolidated Pastoral Company chief executive officer Troy Setter as its new chair. Source: Sheep Central Setter takes over as new chair of LiveCorp
New NSW anthrax outbreak prompts second vaccination call
A NEW outbreak of anthrax in western New South Wales has led to the second call this month for the state’s livestock producers to vaccinate their stock against the disease. Source: Sheep Central New NSW anthrax outbreak prompts second vaccination call
Agricultural RDC discussion paper submission deadline extended
MORE time has been given for new ideas to come forward on modernising Australia’s agricultural research and development corporation structure. Source: Sheep Central Agricultural RDC discussion paper submission deadline extended
Australian Wool Innovation election an opportunity for change
AUSTRALIAN Wool Innovation’s 2019 director election represents an opportunity for a change in leadership, research and development, and corporate governance, according to one of the candidates, New South Wales consultant Dr Phil Holmes. Source: Sheep Central Australian Wool Innovation election an opportunity for change
AWI’s ‘helping hand’ falls short for Olsson and levy payers
AUSTRALIAN Wool Innovation has effectively obstructed director nominees in the collection of the required 100 registered shareholder signatures for a valid nomination by not identifying eligible levy payers. Source: Sheep Central AWI’s ‘helping hand’ falls short for Olsson and levy payers
Beef, live cattle exports to SEA could top $13b by 2025, report suggests
Beef and live cattle exports to South East Asian nations could deliver up to $13 billion per year to the Australian economy by 2025, a new report shows. Source: Beef Central Beef, live cattle exports to SEA could top b by 2025, report suggests
Central Queensland winter crop defies eastern drought
Winter crop harvest is all but completed in Central Queensland where yields have been above average and grain quality levels have been “reasonable”, despite the eastern Australia drought. Source: Grain Central Central Queensland winter crop defies eastern drought
Weekly rainfall wrap + rain outlook, 30 Oct 2019
At the end of the week, an upper-level trough generated an extensive cloudband with isolated thunderstorms over the NT and western Qld. A broad area of low pressure over northern WA generated isolated showers and thunderstorms in the Kimberley. Isolated thunderstorms also developed along the southeast Qld coast near a surface trough. Source: Beef… Read more »
At-risk NSW producers urged to vaccinate following second Anthrax case
NSW Department of Primary Industries and Local Land Services is encouraging farmers in the centre of the state to vaccinate their livestock following confirmation of a second case of anthrax for 2019. Source: Beef Central At-risk NSW producers urged to vaccinate following second Anthrax case
Viable livex sector ‘absolutely critical to our industry’: Strong
It’s time for the broader red meat industry in Australia to rethink the importance of the live export trade, Meat & Livestock Australia managing director Jason Strong told this morning’s LIVEXchange conference in Townsville. Source: Beef Central Viable livex sector ‘absolutely critical to our industry’: Strong
Why did a major cropping project at Willeroo Station in the Top End go bust?
In the early 1970s a company spent millions of dollars developing a cattle and cropping empire near Katherine in the NT. What went wrong? Source: ABC Grain Why did a major cropping project at Willeroo Station in the Top End go bust?
Roma store sale 29 Oct 2019: Prices improve in good quality yarding
Prices continued to improve from the previous week across the board and any price variations were reflective of quality. Source: Beef Central Roma store sale 29 Oct 2019: Prices improve in good quality yarding
Young exporters kick off live export conference in Townsville + PICS
The Australian livestock export industry’s major annual conference kicks off in Townsville today with 350 delegates from across the supply chain registered to attend the two day event. Source: Beef Central Young exporters kick off live export conference in Townsville + PICS
How Australia's space race benefits farmers on planet Earth
Australia’s emerging space industry is looking to the moon and Mars, but it also has a very practical benefit for farmers working in the soils of planet Earth. Source: ABC Grain How Australia’s space race benefits farmers on planet Earth
Live export merger key test for future levy use
The Australian Livestock Exporter’s Council has voted in favour of pursuing a merger with Livecorp, setting the scene for a pivotal test of how industry levy funds can be used by industry organisations. Source: Beef Central Live export merger key test for future levy use
Island entrepreneurs carve out adventure tourism and foodie haven
Tourism operators on one of Tasmania’s breathtaking islands are riding a wave of untapped beauty and are reeling in visitors with locally grown produce. Source: ABC Livestock Island entrepreneurs carve out adventure tourism and foodie haven
XE Market Analysis: Asia – Oct 29, 2019
The Dollar fell through the N.Y. morning session on Tuesday, with gains in the Euro and Pound again weighing on the USD. News that the U.K. Labour Party, the principal opposition in the UK, will back a general election in early December was a driver of both GBP and EUR strength. Incoming U.S. data was… Read more »
XE Market Analysis: North America – Oct 29, 2019
The pound leapt upward in late London morning trading on news that the Labour Party, the principal opposition in the UK, will back a general election in early December, which now looks inevitable. Cable sprang to around 1.2870-75 from the low 1.2800s, and the UK currency posted gains versus other currencies. Source: XE news… Read more »
XE Market Analysis: Europe – Oct 29, 2019
The yen ebbed to fresh lows against a number of currencies as market positioning continue to skew away from the safe haven currency. USD-JPY eked out a fresh three-month high at 109.06, while EUR-JPY and AUD-JPY lifted to respective five- and eight-day highs. GBP-JPY also edged out a five-day peak. Source: XE news feed … Read more »
Weekly genetics review: Are our mature cows becoming too big?
Throughout this year’s drought, one emerging trend has been the topic of mature cow size. There are a number of causes for this trend to develop. Firstly the on-going impact of poor to desperate seasons across Australia has focussed many producers on the nutritional challenges in maintaining larger cows. At the same time, the increased… Read more »
Weekly kill: QLD grid prices hit record levels, as global demand forces collide
Underlying strength in global demand for beef is the driving factor behind dramatic 20-30c/kg rises in processor grid offers across Queensland this past week. Prices have climbed to all-time record levels, with four-tooth grassfed heavy steers quoted by some processors this morning at 600c/kg, and heavy cows at up to 500c/kg. Source: Beef Central … Read more »
CPC’s Troy Setter elected LiveCorp chair
Prominent northern cattle and live export industry identity Troy Setter has been elected as the new chairman of the livestock export industry’s research and development body, LiveCorp, following today’s annual general meeting in Townsville. Source: Beef Central CPC’s Troy Setter elected LiveCorp chair
Export grinding meat prices continue to soar to record levels
Imported Australian 90 CL grinding beef prices into the US have soared to all-time record levels over the past month, driven by global demand for meat protein, a sharp seasonal decline in NZ beef production and favourable currency trends. International competitors have provided increasingly stiff opposition to US customers in sourcing lean Australian frozen manufacturing… Read more »
Wellard shareholders vote in favour of Swagman sale
Wellard Limited’s plans to sell its livestock carrier the MV Ocean Swagman to a subsidiary of major shareholder Heytesbury Holdings Company Pty now appears to be a done deal, after shareholders voted in favour of the sale and leaseback deal. Source: Beef Central Wellard shareholders vote in favour of Swagman sale
Wagga sale 28 Oct 2019: Prices fluctuate under pressure of dry
Cattle prices continue to fluctuate under the pressure of a dry spring and supplies of unfinished stock being pushed into the market. Source: Beef Central Wagga sale 28 Oct 2019: Prices fluctuate under pressure of dry
US cattle producers welcome Real Meat Act
American cattle producers have welcomed the introduction to the US House of Representatives of an Act they say will guarantee consumers can be sure that the meat products they are buying are real meat. Source: Beef Central US cattle producers welcome Real Meat Act
LiveCorp/ALEC merger key topic at today’s AGMs
The red meat industry enters annual general meeting season today with the live export industry’s two major bodies holding their end-of-financial year wrap-ups in Townsville from this morning, ahead of the industry’s two-day LiveXchange conference on Wednesday and Thursday. Source: Beef Central LiveCorp/ALEC merger key topic at today’s AGMs
Projections: Dry conditions fuel continued herd contraction, with cattle slaughter up 7pc on last year
Key points: Sustained high female slaughter prolongs herd liquidation 2019 beef exports on track to be third largest on record China demand drives global cattle prices WITH continued and widespread… Source: Beef Central Projections: Dry conditions fuel continued herd contraction, with cattle slaughter up 7pc on last year
XE Market Analysis: Asia – Oct 28, 2019
The Dollar was mixed overall in N.Y. trade on Monday, with USD-JPY leading the gainers. That pairing briefly topped at 109.04, a near three-month high. EUR-USD was range bound between 1.1085 and 1.1101. USD-CAD printed three-month lows of 1.3050, while GBP-USD topped at 1.2875. Data included a narrowed advance goods trade report, and a weaker… Read more »
XE Market Analysis: North America – Oct 28, 2019
The pound and the euro has seen modest strength after the EU affirmed that a three-month Brexit extension would be permitted to the UK, which effectively rule out a no-deal Brexit this Thursday (being October 31). Cable posted a high at 1.2859, which is just 4 pips shy of the peak seen on Friday, before… Read more »
XE Market Analysis: Europe – Oct 28, 2019
USD-JPY edged out an 11-day high at 108.79, surpassing Friday’s high by 2 pips. The New Zealand dollar also saw an 11-day low versus the U.S. currency, while the Canadian dollar nudged just below the low it saw against the U.S. buck on Friday. Ranges have been narrow, while most of the other main currency… Read more »
Livestock exporters to gather in Townsville this week
‘WELFARE beyond borders’ will be the theme of Australia’s annual LIVEXchange conference for livestock exporters this week. Source: Sheep Central Livestock exporters to gather in Townsville this week
Clovers will be the focus of 10-year UWA joint venture
CLOVERS will be a key focus of a new 10-year joint venture between The University of Western Australia and PGG Wrightson Seeds. Source: Sheep Central Clovers will be the focus of 10-year UWA joint venture
Cropping land price growth double pastoral grazing increase rate
PRICES for Australian cropping land have been increasing at more than double the rate of pastoral grazing country values, Rabobank analysis has shown. Source: Sheep Central Cropping land price growth double pastoral grazing increase rate
$3.2m profit for Casino co-op processor NCMC, after mixed year
Beef and veal processor Northern Cooperative Meat Co announced a $3.2m profit after tax for its 2018-19 financial year – a significant turnaround from a $7m loss the year before -, during the co-cooperative’s annual general meeting in Casino this morning. Source: Beef Central .2m profit for Casino co-op processor NCMC, after mixed year
Former New Zealand shearing champion returns to be King
HAWKE’S Bay shearer Dion King made a dramatic return to winning form in the Great Raihania Shears open final at the Royal New Zealand Show in Hastings on Friday. Source: Sheep Central Former New Zealand shearing champion returns to be King
More sheep producers getting carcase data for health tips
MORE sheep producers have access to carcass data to inform their animal health management strategy than ever, according to the National Sheep Health Monitoring Project. Source: Sheep Central More sheep producers getting carcase data for health tips
Merino and first cross ewe lambs to $225 on AuctionsPlus
MERINO and first cross ewe lambs sold to $225 and Merino wethers sold to $153 in a smaller AuctionsPlus offering last week. Source: Sheep Central Merino and first cross ewe lambs to 5 on AuctionsPlus
Fourth generation Saxon flock family wins VBC wool award
CENTRAL Victorian Saxon Merino flock Coliban Park has won the prestigious annual Vitale Barberis Canonico Wool Excellence Award for the first time. Source: Sheep Central Fourth generation Saxon flock family wins VBC wool award
Cattle export market dynamics shifting
Recent growth in export numbers does not reflect the challenging trading conditions when shipping cattle to markets in South East Asia. Source: Beef Central Cattle export market dynamics shifting
Internships beef up students’ industry knowledge
The opportunity to be part of ground-breaking beef genetics research awaits two Charles Sturt University students awarded an internship with Angus Australia and the Graham Centre for Agricultural Innovation. Source: Beef Central Internships beef up students’ industry knowledge
Mobile abattoir startup Provenir eyeing Victorian opening
The company driving the development of mobile abattoirs in Australia is optimistic a second State will soon change its laws to allow meat processed on-farm to be sold to the public. Source: Beef Central Mobile abattoir startup Provenir eyeing Victorian opening
Keener interest in small lines at Wycheproof sheep sale
IT wasn’t a record, but the $446 per head top price exchanged for young crossbred ewes with lambs was considered good buying and good selling at the Wycheproof store sheep sale on Friday. Source: Sheep Central Keener interest in small lines at Wycheproof sheep sale
Recruitment: Four recruiting mistakes that could cost you money
Big mistakes in the hiring process undermine team morale, are expensive and mean you’re probably missing out on the talent you desperately need in your organisation. Source: Grain Central Recruitment: Four recruiting mistakes that could cost you money
China approves more beef export plants in Ireland and the UK
China continues to approve more beef plants to ship beef to it, as its African Swine Fever-fuelled protein crisis deepens. A further 14 Irish plants and for the first time, four in the United Kingdom, now have access to the China market. Source: Beef Central China approves more beef export plants in Ireland and… Read more »
'No-one's helping it': Rodeo bull euthanised after 'freak injury'
Onlookers at the Royal Hobart Show are left in shock when a rodeo bull breaks its hind leg and begins limping in the arena. WARNING: This story includes images which are distressing. Source: ABC Livestock ‘No-one’s helping it’: Rodeo bull euthanised after ‘freak injury’
'Deep red colour': The story behind Australia's first red corn whiskey
Praised for its “sweat characters and nuttiness”, a Perth-based distillery and second-generation farmer from Western Australia’s far-north have teamed up to create Australia’s first red corn whiskey. Source: ABC Grain ‘Deep red colour’: The story behind Australia’s first red corn whiskey
Irish luck brings farming couple on a working holiday 'gap year' to NSW winery
Irish empty-nesters Derek and Jackie Edwards are living the dream on the other side of the world, working on farms for food and board in Australia. Source: ABC Livestock Irish luck brings farming couple on a working holiday ‘gap year’ to NSW winery
Why would you give a bale of hay to a crocodile?
As the wet season approaches, saltwater crocodiles are getting ready to lay their eggs and at croc farms across the north hay is an essential ingredient for good breeding. Source: ABC Livestock Why would you give a bale of hay to a crocodile?
'Like trying to round up cats on a horse': Is bee broking the toughest job in agriculture?
Bee brokers facilitate the biggest movement of livestock in Australian history — and it’s no easy feat not just moving them, but also finding enough to meet demand. Source: ABC Livestock ‘Like trying to round up cats on a horse’: Is bee broking the toughest job in agriculture?
Power pod may be the key to a brighter future for isolated parts of the country
A self-generating power pod trial on a cattle property in north-west Queensland aims to provide rural properties with a more reliable, cheaper, and renewable power source. Source: ABC Livestock Power pod may be the key to a brighter future for isolated parts of the country
The Nationals are being eaten alive by a cunning PM, but even poor cousins can become dangerous
Having miraculously retained government for the Coalition, Scott Morrison has the Nationals where he wants them: obliged. But many within the Nationals sense they’re being eaten alive, writes Andrew Probyn. Source: ABC Livestock The Nationals are being eaten alive by a cunning PM, but even poor cousins can become dangerous
Victorian buyers dominate smaller AuctionsPlus offering
Lighter weaner and backgrounder steers trended upwards in price on the AuctionsPlus online market this week, where cattle numbers dropped by about 2000 head on the previous week to 6909 head offered. Given much better seasonal conditions that the rest of eastern Australia, Victorians dominated the buying activity, securing 64pc of the steers offered … Read more »
Two weeks and 40C heat later, hail still hasn't melted on this outback property
Despite a fortnight of hot, dry weather, Jack Walker’s property in Theodore still has hailstones covered by a thin layer of dirt and debris. Source: ABC Livestock Two weeks and 40C heat later, hail still hasn’t melted on this outback property
Why WA farmers feel they are being forgotten in the drought
While the focus and support has been on the drought in Australia’s east, farmers in WA have been hesitant to rock the boat over their own struggles. Source: ABC Livestock Why WA farmers feel they are being forgotten in the drought
Rehoming racehorses — an expensive fantasy retirement for the lucky few
In the wake of the racehorse slaughter scandal, calls are growing for greater financial support for rehoming thoroughbreds and an enforceable standard of care. Source: ABC Livestock Rehoming racehorses — an expensive fantasy retirement for the lucky few
XE Market Analysis: Asia – Oct 25, 2019
FX Trade was quiet in N.Y. on Friday, though the Dollar rose overall. The DXY moved to seven-session highs of 97.90, posting the bulk of gains at the expense of the Euro and Pound. A slight University of Michigan consumer sentiment miss had little impact on trade. EUR-USD dipped to 1.1073 from early highs of… Read more »
XE Market Analysis: North America – Oct 25, 2019
Directionally inactive best describes trading among the main currencies so far today. The Brexit process has become snarled up (again), and market narratives are expressing a wariness ahead of top-level talks between U.S. and Chinese officials later today, and into monetary policy meetings at the Fed and BoJ next week. EUR-USD has been holding steady… Read more »
XE Market Analysis: Europe – Oct 25, 2019
The dollar has been holding steady against most other currencies to far today, losing a little ground to the Australian and Canadian dollars, but remaining comfortably within respective ranges from yesterday. EUR-USD has been holding steady just above 1.1100, and USD-JPY has been amid a narrow chop around the 108.50-60 area. The pound has found… Read more »
Agriculture ministers agree on climate change initiative
AUSTRALIA’S agriculture minister have agreed to endorse a Victorian-led national program that will see governments work together to help farmers meet the challenges of climate change. Source: Sheep Central Agriculture ministers agree on climate change initiative
Forward wool sellers mostly absent due to market volatility
DESPITE a relatively stable week in the auctions, sellers remain mostly absent in the forward markets in response to the high volatility over the last two months. Source: Sheep Central Forward wool sellers mostly absent due to market volatility
Australian wool prices regain lost ground, but there is a stockpile
AUSTRALIA’S wool market continued on a positive note this week, with the benchmark indicator rising for Merino and most crossbred fleece wool. However, the large passed-in rates of the previous two months mean there is a growing stockpile of wool sitting in broker’s stores. Source: Sheep Central Australian wool prices regain lost ground, but… Read more »
Victoria and South Australia lead the MSA lamb processing stakes
VICTORIA and South Australia are leading the nation in processing lambs under Australia’s world-leading eating quality grading program, Meat Standards Australia. Source: Sheep Central Victoria and South Australia lead the MSA lamb processing stakes
Young Corowa first cross ewes sell to $344, ewe lambs to $262
YOUNG unjoined first cross ewes sold to $344 at the Corowa Blue Ribbon First Cross Ewe Sale yesterday. Source: Sheep Central Young Corowa first cross ewes sell to 4, ewe lambs to 2
GIC $20 million-plus payout planned before Christmas
AUSTRALIA’S wool growers could receive a welcome pre-Christmas cheque from a $20 million-plus distribution of funds from the defunct grower-owned entity Graziers’ Investment Company. Source: Sheep Central GIC million-plus payout planned before Christmas
WA winter crop holds up under tough finish
Despite one of the hardest finishes in a long time, the WA winter crop is yielding better than expected and is on track to produce 11.9 million tonnes. Source: Grain Central WA winter crop holds up under tough finish
Wycheproof first cross ewes with lambs sell for $446
FIRST cross ewes with lambs sold for $446 at the Wycheproof sale in Victoria today as prime lamb producers compete strongly for replacements. Source: Sheep Central Wycheproof first cross ewes with lambs sell for 6
Low ginning volume feeds into Namoi’s $4M 1H20 loss
Australian ginner Namoi Cotton Limited has lost $4 million in 1H20, with drought slashing its number of bales ginned from the previous year, and a further reduction expected next year. Source: Grain Central Low ginning volume feeds into Namoi’s M 1H20 loss
New joint venture to improve annual legume breeding
A 10-year joint venture between The University of Western Australia and PGG Wrightson Seeds has been launched to provide producers with new varieties of annual forage legumes. Source: Grain Central New joint venture to improve annual legume breeding
Murray Arnel: Restockers brush aside feeders for stronger Mortlake result + VIDEO
Lotfeeders took a back seat ride to eager restockers during the annual Kerr & Co spring store cattle sale held at Mortlake’s WVLX on Thursday. Competing for a quality yarding of 2295 head, restockers from across Western Victoria held court in the majority of the bidding duals, supported by a keen following of buyers from… Read more »
Feedgrain Focus: Prices ease as southern crops consolidate
Wheat and barley prices have eased in the past week as confidence about the quality and quantity of crops in Victoria, South Australia and Western Australia builds. Source: Beef Central Feedgrain Focus: Prices ease as southern crops consolidate
Science meets practice in Australia’s longest running commercial grazing trial
It was a full house at Wambiana Station, south of Charters Towers last week, when a hundred graziers and industry representatives gathered for a field day, run as part of Australia’s longest-running commercial grazing trial. Source: Beef Central Science meets practice in Australia’s longest running commercial grazing trial
XE Market Analysis: Asia – Oct 24, 2019
The Dollar was higher in N.Y. traded on Thursday, despite weak U.S. durable goods orders, mixed equities, and lower Treasury yields. Most of the USD gains came at the expense of the Euro and pound, as EUR-USD slipped under 1.1100 following a dovish ECB outlook, while Sterling slid on Brexit uncertainty, later recovering some as… Read more »
More flexibility introduced to Qld’s tick line
Landholders can apply to have the Queensland tick line moved in relation to their property’s location under a new system developed in consultation with producers and other livestock industry stakeholders. Source: Beef Central More flexibility introduced to Qld’s tick line
Recruitment: Four recruiting mistakes that could cost you money
Agriculture and food processing sector business owners are justifiably terrified about hiring the wrong person. Bad hires undermine team morale, are expensive and can dull the company, regardless of whether it is a family-scale cattle operation with a couple of staffmembers, or a feedlot with 35. These common mistakes can cost companies thousands, even millions… Read more »
Recruitment: Four recruiting mistakes that could cost you money
Agriculture and food processing sector business owners are justifiably terrified about hiring the wrong person. Bad hires undermine team morale, are expensive and can dull the company, regardless of whether it is a family-scale sheep operation with a couple of staff members, or a feedlot with 35. These common mistakes can cost companies thousands, even… Read more »
Dubbo Sale 23 Oct 2019: Cows continue upward trend
Cows continue on their upward trend with solid support coming from both northern and southern processors. Source: Beef Central Dubbo Sale 23 Oct 2019: Cows continue upward trend
XE Market Analysis: North America – Oct 24, 2019
The dollar picked up some demand after a bout of weakness, while the Australian and New Zealand dollars came under some pressure. EUR-USD carved out a high at 1.1162 before tumbling back to the lower 1.1100s. Cable settled back around the 1.2900 mark after an early London pop to 1.2950, continuing a choppy consolidation below… Read more »
XE Market Analysis: Europe – Oct 24, 2019
The dollar has retained a softening bias against most currencies, which has seen EUR-USD carve out a high at 1.1142 and Cable a peak of 1.2928, up from respective lows from yesterday at 1.1106 and 1.2841. One exception is the case of USD-JPY, which has remained buoyant with the yen underperforming most other currencies amid… Read more »
BeefConnect webinar Nov 6: How to manage leucaena once established
In this free webinar to be held on Wednesday November 6, DAF Senior Agronomist Stuart Buck will discuss the on-going management requirements of leucaena. Source: Beef Central BeefConnect webinar Nov 6: How to manage leucaena once established
