Month: September 2020

XE Market Analysis: North America – Sep 30, 2020

The dollar and yen picked up some safe haven demand during pre-London trading in Asia, though not before printing fresh lows against many currencies in pre-London trading in Asia. Month- and quarter-end factors contributed to some positional chop in currencies and other markets. Stock markets tumbled in Europe before paring losses. S&P 500 E-minis also… Read more »

XE Market Analysis: Europe – Sep 30, 2020

The dollar and yen picked up some safe haven demand during pre-London trading in Asia, though not before printing fresh lows against many currencies. This saw EUR-USD ebb back to a 1.1723 low after earlier printing an eight-day high at 1.1755. EUR-JPY fell back to a low at 123.62 after posting a 12-day peak at… Read more »

Central NSW mixed farming values firm amid surging demand

Buoyant demand for mixed farms on the central plains of NSW is putting upward pressure on values as locals and southerners look to expand. Source: Beef Central Central NSW mixed farming values firm amid surging demand

Weekly property review: Is there still momentum in the sale and leaseback deal?

Demand for Australian agricultural land appears to be increasing in the wake of COVID-19, with a national property marketing agency reporting a rise in sale and leaseback transactions. Over the past two-and-a-half years around $2.15 billion worth of agricultural assets across Australia have changed hands in sale and leaseback deals, property editor Linda Rowley has… Read more »

VFF calls for leadership and commodity nominations

NOMINATIONS are being sought for leadership and commodity positions on Victoria’s farmer body, the Victorian Farmers Federation. Source: Sheep Central VFF calls for leadership and commodity nominations

Churchill fellows to study livestock ID and regenerative ag

WESTERN Australian government officers will investigate livestock identification and regenerative agriculture practices overseas to fulfil their 2020 Churchill Fellowship obligations. Source: Sheep Central Churchill fellows to study livestock ID and regenerative ag

'I lose, farmers lose': Major exporter says wharf dispute threatens supply chain

One of Australia’s biggest meat exporters says the disruption caused by strikes at Port Botany could lead to clients cancelling orders and ultimately impacting farmers and regional communities. Source: ABC Livestock ‘I lose, farmers lose’: Major exporter says wharf dispute threatens supply chain

NZ environmental and carbon reforms feed low farmer confidence

GOVERNMENT-LED environmental and carbon reforms are underpinning the biggest surveyed drop in New Zealand farmer confidence in three years. Source: Sheep Central NZ environmental and carbon reforms feed low farmer confidence

PGA committee chairman urges feedback on AWI’s WoolQ

WESTERN Australia’s Pastoralists and Grazier Association has come out in support of a move to end Australian Wool Innovation spending on its digital information and wool trading platform WoolQ. Source: Sheep Central PGA committee chairman urges feedback on AWI’s WoolQ

Weekly rainfall wrap + rain outlook, 30 September 2020

A strong cold front produced widespread moderate falls in South Australia and southeast Australia, while a trough brought thunderstorms with moderate falls to northwest parts of the Northern Territory. Source: Sheep Central Weekly rainfall wrap + rain outlook, 30 September 2020

Victorian meat workers to undergo COVID-19 surveillance testing

A QUARTER of workers in Victoria’s larger meat processors will have to be tested for COVID-19 every week, in an initiative announced by the State Government today. Source: Sheep Central Victorian meat workers to undergo COVID-19 surveillance testing

Former Sheep CRC CEO calls for more research collaboration

AUSTRALIA’S agricultural research and development sector was not short of money, but needed more collaboration to tackle the industry’s big opportunities and issues, according to former Sheep CRC chief executive officer James Rowe. Source: Sheep Central Former Sheep CRC CEO calls for more research collaboration

Bloat treatment warning for cattle targeted at ‘Natural’ brand programs

A high incidence of bloat reported during this spring’s pasture flush across southeastern Australia has created challenges for producers targeting premium certified grassfed ‘natural’ brand programs. Source: Beef Central Bloat treatment warning for cattle targeted at ‘Natural’ brand programs

Burger giant McDonald’s pulls out of Angus verification program

Eleven years after burger giant McDonald’s launched its hugely popular Angus burger range, the company has pulled out of supporting Angus Australia’s breed’s verification program. Source: Beef Central Burger giant McDonald’s pulls out of Angus verification program

Defend the use of glyphosate – but have a backup plan

Agronomists and farmers need to vigorously defend the use of glyphosate at every opportunity or risk losing the valuable chemical, according to long-standing ag consultant Paul McIntosh. Source: Grain Central Defend the use of glyphosate – but have a backup plan

Weekly rainfall wrap + rain outlook, 30 Sept 2020

A strong cold front produced widespread moderate falls in South Australia and southeast Australia, while a trough brought thunderstorms with moderate falls to northwest parts of the Northern Territory. Source: Beef Central Weekly rainfall wrap + rain outlook, 30 Sept 2020

TFI merges domestic wholesale and food service businesses

Thomas Foods International is expanding its national wholesale and food service business. The move comes as the company rebrands its domestic wholesale and food service arms, previously operating as Holco and Country Fresh, under the Thomas Foods name. Source: Beef Central TFI merges domestic wholesale and food service businesses

Roma store 29 Sept 2020: 4090 head yarding meets strong demand

Light weight steers improved by 53c, while light weight heifers improved by 24c/kg. Medium weight cows lifted in price by 9c to 18c, and heavy weight cows improved by 9c to 12c/kg. Source: Beef Central Roma store 29 Sept 2020: 4090 head yarding meets strong demand

Feral buffaloes destroying native habitat as an application to muster herd delayed for two years

Indigenous rangers say the land is at a “breaking point” as they wait for more than two years for the Northern Land Council to approve mustering thousands of wild bovines trampling waterways and habitats for crocodiles and long-neck turtles. Source: ABC Livestock Feral buffaloes destroying native habitat as an application to muster herd delayed… Read more »

Soy, oat, almond, rice, coconut, dairy: Which 'milk' is best for your health?

A trip to the supermarket presents shoppers with an overwhelming number of milk choices. And far from just being the domain of the modern hipster, plant-based milk alternatives are going mainstream, writes Leah Dowling. Source: ABC Livestock Soy, oat, almond, rice, coconut, dairy: Which ‘milk’ is best for your health?

XE Market Analysis: Asia – Sep 29, 2020

The Dollar was mixed and choppy in N.Y. trade on Tuesday, though the DXY ended the session under the 94.00 mark for the first time in four sessions. EUR-USD printed six-session highs of 1.1745, up from early lows of 1.1693. USD-JPY meanwhile, traded a narrow band between 105.53 and 105.70. USD-CAD stayed strong, as both… Read more »

XE Market Analysis: North America – Sep 29, 2020

The dollar and yen have continued to soften, especially the latter, even though global stock market rally has once again flagged. EUR-USD posted a six-day high at 1.1699, extending the rebound from the two-month low that was seen last Friday at 1.1612, and EUR-JPY lifted to an eight-day peak at 123.54. The euro itself did… Read more »

Scientists use ‘genomic time-travel’ to discover new genetic traits in African cattle

Animal scientists have announced the discovery of a new set of detailed genetic markers and information in African cattle that are associated with valuable traits, such as heat and drought tolerance, the capacity to control inflammation and tick infestations, and resistance to livestock diseases. The research team wanted to learn how – after spending thousands… Read more »

XE Market Analysis: Europe – Sep 29, 2020

The dollar and yen are softer, with both currencies continuing to correlate inversely with global stock market direction. EUR-USD posted a four-day high at 1.1684, extending the rebound from the two-month low that was seen last Friday at 1.1612, and EUR-JPY lifted to an eight-day peak at 123.33. Cable and GBP-JPY have seen a similar… Read more »

Exporters say union or stevedores should pay for wharf dispute delays

It costs $25,000 a day when container ships are delayed and shipping companies are recouping that cost from customers, adding several hundred dollars to the cost of a container for exporters of meat, wool, cotton and grains. Source: ABC Grain Exporters say union or stevedores should pay for wharf dispute delays

Let’s be ‘braver’ with R&D fund allocation decisions, urges MLA MD

The red meat industry needs to be ‘braver’ with its research and development fund allocation decisions, in an era of ‘fewer, bigger, bolder’ R&D projects, MLA managing director Jason Strong told a recent online stakeholder audience. Source: Beef Central Let’s be ‘braver’ with R&D fund allocation decisions, urges MLA MD

BOM raises La Nina status to ‘Active’

The Bureau of Meteorology has declared that La Niña has developed in the Pacific Ocean, upgrading from a La Niña ‘Alert’ status to an ‘active event.’ This means that recent changes in ocean temperatures and weather patterns over the Pacific are now likely to remain until at least the end of the year.  Source: Beef Central BOM raises La Nina status to ‘Active’

Weekly kill: northern grids surge 15-25c on tight supply

After a six-week phase where direct consignment grid offers have trended downwards, a number of Queensland exporters have raised their offers significantly over the past few days, in response to acute slaughter cattle supply shortage. Best offers seen from competitors this week were up anywhere from 15-25c/kg, depending on the category. Source: Beef Central … Read more »

What drives the price of diesel?

As harvest approaches, one of the most significant costs will be fuel. Thomas Elder Markets agricultural market analyst, Andrew Whitelaw, takes a look into the driver of price, and where prices currently are. Source: Grain Central What drives the price of diesel?

Lamb and sheep prices to stay high on reduced production

AUSTRALIAN lamb and sheep prices could remain historically high this year, but are not expected to return to the levels of early 2020, according to the latest industry projections. Source: Sheep Central Lamb and sheep prices to stay high on reduced production

Australian Beef Sustainability Steering Group appointment announced

A Queensland beef producer and food manufacturer has been appointed to the Australian Beef Sustainability Framework steering group, replacing retiring member Greg Campbell. Source: Beef Central Australian Beef Sustainability Steering Group appointment announced

Wagga sale 28 Sep 2020: Heavier yarding weighs in

The big standout of the sale was the amount of weight in the yarding which meant many restockers left the market empty handed. The bulk of the offering weighed over 400kg. Source: Beef Central Wagga sale 28 Sep 2020: Heavier yarding weighs in

XE Market Analysis: Asia – Sep 28, 2020

The Dollar recovered some of its overnight losses in N.Y. on Monday. The DXY has fallen from 94.63 to 94.19 into the N.Y. open, then subsequently topped at 94.42 before settling in near 94.30. For U.S. data, the September Dallas Fed index was better than expected, and may have supported the USD at the margins…. Read more »

XE Market Analysis: North America – Sep 28, 2020

The dollar has softened concurrently with rallying global stock markets, losing most ground to the pound, which surged. The yen pared intraday gains as the equity rally picked up momentum during the European morning session. The USD index (DXY) dropped by 0.5% to within a pip of Friday’s low at 94.19, while EUR-USD rebounded to… Read more »

XE Market Analysis: Europe – Sep 28, 2020

The yen posted moderate gains in otherwise quiet, narrowly ranging currency markets. USD-JPY and yen crosses softened. More ECB policymaker signalling about their concern of euro valuations elicited EUR-JPY selling, which tipped the cross to a two-month low at 122.38. USD-JPY, meanwhile, gave back most of the gains that were seen on Friday in posting… Read more »

Union accused of 'holding country to ransom' over wharves pay dispute

The Federal Government weighs into a dispute that is delaying 10 freight carriers at the Port of Botany, saying it will back a bid by stevedore Patricks to halt industrial action. Source: ABC Livestock Union accused of ‘holding country to ransom’ over wharves pay dispute

Bushfire recovery program expands to help more Victorian farmers

MORE Victorian farmers are expected to be eligible for bushfire recovery assistance with the expansion of the Emergency Bushfire Response in Primary Industries Grant Program. Source: Sheep Central Bushfire recovery program expands to help more Victorian farmers

Sheep industry needs people with diverse knowledge and skills

GREATER alignment between education and career path development in the sheep industry is necessary to ensure people with a diverse range of knowledge and capabilities are attracted, according to Nuffield… Source: Sheep Central Sheep industry needs people with diverse knowledge and skills

New fodder industry leader is focused on year-round quality

AUSTRALIA’S fodder industry needed to focus on producing better products year-round for livestock producers, according to the sector’s new leader. Source: Sheep Central New fodder industry leader is focused on year-round quality

Drought drops New Zealand lamb drop and flock

NEW Zealand’s lamb turn-off is expected to be down more than four percent this year after drought conditions impacted the country’s flock. Source: Sheep Central Drought drops New Zealand lamb drop and flock

Merino wool growers – it’s time to prepare for the recovery

NOW is the time for Merino producers to prepare for the industry’s recovery and produce sheep that can be accredited as non-mulesed, don’t require heavy chemical use and grow high quality premium-priced wool, according to Natasha Favaloro. Source: Sheep Central Merino wool growers – it’s time to prepare for the recovery

Sheep buying into central west NSW and Riverina continues

PRICES for young Merino ewes surged on AuctionsPlus in a reduced online offering last week, driven by continued strong buying into the central west and Riverina regions of New South Wales. Source: Sheep Central Sheep buying into central west NSW and Riverina continues

VIC meat processor restrictions eased, but full capacity needed

COMPETITION for livestock, especially lambs and sheep, is expected to increase at eastern state saleyards with the easing of workforce capacity restrictions on Victorian red meat processors. Victorian Premier Daniel… Source: Sheep Central VIC meat processor restrictions eased, but full capacity needed

Plans floated to create Territory Livestock Ranger squad

The Northern Territory Cattlemen’s Association has floated plans to establish a 16-officer strong Northern Territory Livestock Ranger group. Source: Beef Central Plans floated to create Territory Livestock Ranger squad

NT’s iconic Wave Hill comes to market, with 40,000 cattle

One of Northern Australia’s most iconic extensive beef cattle property aggregations is being offered to the market with expectations to make around $100m. The Wave Hill and Cattle Creek Stations span 1.25 million hectares and run 58,000 Brahman and Brahman cross cattle in a normal season. Source: Beef Central NT’s iconic Wave Hill comes… Read more »

Farms of the future: Why cattle are better than tanks

A paddock filled with grass and cattle on a family farm versus silver tanks filled with microbes owned by a handful of mega corporations – which is the more appealing farm of the future? Source: Beef Central Farms of the future: Why cattle are better than tanks

Restrictions eased for VIC meat processors

Victorian Premier Daniel Andrews yesterday announced an easing of the 67pc peak workforce limit on red meat processing businesses to 90pc in regional areas and to 80pc in metropolitan Melbourne from today. Source: Beef Central Restrictions eased for VIC meat processors

Young blood help tackle national shearer shortage

Shearing is a tough job, but many young Victorians are travelling from across the state to learn the skill, with record numbers attending shearing and wool-handling classes this year. Source: ABC Livestock Young blood help tackle national shearer shortage

Parthenium alert for harvest machinery crossing Qld-NSW border

People bringing harvesting machinery into NSW from Queensland are required by law to ensure equipment crossing the border is free of the devastating parthenium weed and its seeds. Source: Beef Central Parthenium alert for harvest machinery crossing Qld-NSW border

Recruitment: Three key considerations for employers in job interviews

When hiring new staff, there is a number of issues that need to be dealt with by a business owner or senior manager before a recruitment interview process begins. Source: Grain Central Recruitment: Three key considerations for employers in job interviews

Dairy could generate an extra $500m in five years, but first it must stick to the plan

A major strategic plan shows Australia’s dairy industry could generate an additional $500 million in value at the farm gate within four years, and would grow to produce almost 1 billion litres more milk. Source: ABC Livestock Dairy could generate an extra 0m in five years, but first it must stick to the plan

Ord farmers on the pulse with new range of value-added chickpea products

A farming cooperative in the Ord Irrigation Scheme teams up with a food company in Perth to create Western Australia’s first locally grown chickpea snack range — direct from paddock to packet. Source: ABC Grain Ord farmers on the pulse with new range of value-added chickpea products

Too much rain at wrong time could ruin first NSW grain harvest in years

Usually when it comes to rain, farmers always want more — but just weeks out from the first harvest in four years for many growers, the timing of rain could ruin the crops they have nurtured for months. Source: ABC Grain Too much rain at wrong time could ruin first NSW grain harvest in… Read more »

Young cattle record re-set in 14,400 head AuctionsPlus offering

Young cattle price records were again re-set on AuctionsPlus yesterday, as light weaner steers pushed past 700c/kg for the first time. Confidence in the cattle market continued to strengthen with the 14,429 head offered this week achieving an 84pc clearance. The dearer market trend was evident in most stock categories. Source: Beef Central Young… Read more »

XE Market Analysis: Asia – Sep 25, 2020

The DXY printed fresh trend high of 94.74 in N.Y. on Friday, marking its sixth-straight higher daily high. Incoming U.S. data was light, though the durable orders outcome missed the mark, but had little lasting impact. Wall Street was extremely choppy through the session, as COVID, stimulus and election concerns kept investors off balance, though… Read more »

XE Market Analysis: North America – Sep 25, 2020

The dollar rose during the European morning, though remained below highs seen yesterday against most currencies. This occurred against a backdrop of steepening stock market losses in Europe, as rich valuations clash with evolving realities as Covid cases surge, along with associated restrictions and localized lockdowns. The pan-Europe STOXX 600 equity index dropped over 1%… Read more »

XE Market Analysis: Europe – Sep 25, 2020

The dollar settled off its Thursday highs in narrow range trading into the London interbank open. EUR-USD saw a less than 15-pip range around 1.1665-75, holding above the two-month low that was seen yesterday at 1.1626. Cable saw a similar price action. USD-JPY edged out a 10-day high at 105.56, superseding yesterday’s peak by a… Read more »

Recruitment: Three key considerations for employers in job interviews

When hiring new staff there are a number of issues that need to be dealt with by a business owner or senior manager before a recruitment interview process begins. It’s much harder to retro-fit this important information into a recruitment process after the fact, says business advisor James Price. Source: Sheep Central Recruitment: Three… Read more »

NSW sheep operations join business coaching program

PROGRESSIVE sheep operations are among farming businesses selected to participate in the NSW Department of Primary Industries’ Young Farmer Business Program’s individual coaching program. Source: Sheep Central NSW sheep operations join business coaching program

Forward wool market bids spring into life with auctions

BIDS on the forward wool market sprang back into life with the auction market this week, with forward bids on the first day of sales closing at cash levels and flowing into early next year. Source: Sheep Central Forward wool market bids spring into life with auctions

Online wool sales boom as demand returns to market

ONLINE wool sales boomed this week with the AuctionsPlus offer board selling 1468 bales up to Thursday. Source: Sheep Central Online wool sales boom as demand returns to market

Australian wool prices rebound at auctions

AUSTRALIAN wool prices have posted their biggest weekly gains since September last year, driven by low global raw wool stocks at processors. Source: Sheep Central Australian wool prices rebound at auctions

Search on for NSW growers mulesing sheep without pain relief

NEW South Wales wool growers who mules sheep without pain relief are being sought to test current animal cruelty legislation, following the failure of a bill aimed at regulating mulesing in the state. Source: Sheep Central Search on for NSW growers mulesing sheep without pain relief

Live exports ‘more than a single issue’, positives outweigh negatives: Survey

New research highlights the complex relationship the livestock export industry has with the Australian community, and the work that needs to be done to build further community acceptance. Source: Beef Central Live exports ‘more than a single issue’, positives outweigh negatives: Survey

More to the story: Aus livestock ships must meet world’s highest standards

Every livestock vessel operating from Australia must comply with the world’s most rigorous standards and regulations, industry representatives have pointed out in response to recent public debate about ship safety. Source: Beef Central More to the story: Aus livestock ships must meet world’s highest standards

Grainfed cattle premium declines to near zero

The grainfed OTH indicator is currently operating at only a 2c/kg premium to the national OTH grassfed heavy yearling steer indicator, MLA reported today. This grainfed premium is in contrast to the 42c/kg premium the grainfed indicator held over the grassfed indicator at the beginning of the year. Source: Beef Central Grainfed cattle premium… Read more »

Feedgrain Focus: Export demand, local shorts lift values

Wheat and barley prices have firmed in the past week to reflect a little short covering from the domestic market, and export demand led by the latest Saudi barley tender. Source: Beef Central Feedgrain Focus: Export demand, local shorts lift values

WQLX meets organic cattle market with certification

Organic cattle producers will now have a route to market through Longreach following confirmation the Western Queensland Livestock Exchange (WQLX) has been granted organic certification. Source: Beef Central WQLX meets organic cattle market with certification

Seasonal climate outlook October-December 2020

OCTOBER to December is likely to be wetter than average for much of mainland Australia and northern and eastern Tasmania. Source: Sheep Central Seasonal climate outlook October-December 2020

Seasonal climate outlook Oct-Dec 2020

October to December is likely to be wetter than average for much of mainland Australia and northern and eastern Tasmania. Source: Beef Central Seasonal climate outlook Oct-Dec 2020

Recruitment: Three key considerations for employers in job interviews

When hiring new staff there are a number of issues that need to be dealt with by a business owner or senior manager before a recruitment interview process begins. It’s much harder to retro-fit this important information into a recruitment process after the fact, says business advisor James Price. Source: Beef Central Recruitment: Three… Read more »

'Trampled, tossed in the air': How much of a threat are cattle to koalas?

Farmers are reporting koalas being chased by cattle, being trampled to death in the field, and even being tossed into the air. Researchers hope to back the anecdotal evidence that cattle may be koala killers. Source: ABC Livestock ‘Trampled, tossed in the air’: How much of a threat are cattle to koalas?

Can carbon farming really reduce emissions?

The Federal Government’s new energy policy has identified carbon farming as a key method of reducing emissions, but there may be problems with the strategy. Source: ABC Livestock Can carbon farming really reduce emissions?

XE Market Analysis: Asia – Sep 24, 2020

The Dollar index printed new two-month highs of 94.59, later easing back to 94.27. USD profit taking set in as risk appetite shifted to positive from negative, after Treasury Secretary Mnuchin indicated further stimulus talks with Speaker Pelosi could be in the cards in the coming days. The action saw some unwinding of Dollar safe-haven… Read more »

No confirmation yet on easing for VIC meat processing restrictions

VICTORIAN Premier Daniel Andrews today said he couldn’t confirm any announcements on the easing of COVID-19 workforce restrictions on meat processors this Sunday.   Source: Beef Central No confirmation yet on easing for VIC meat processing restrictions

XE Market Analysis: North America – Sep 24, 2020

The dollar gained for a fourth consecutive day. Global stock markets and commodity prices are sputtering, with yesterday’s rebound failing to sustain. EUR-USD made an eight-week low at 1.1633. USD-JPY lifted above 105.50, while most yen crosses have traded lower. AUD-JPY, for instance, has dropped by over 0.5% in making an 11-week low at 74.00…. Read more »

XE Market Analysis: Europe – Sep 24, 2020

The dollar is up for a fourth consecutive day, and the yen also gained in lockstep versus other currencie. The biggest losers were the dollar bloc and other commodity-correlating currencies, along with many developing world currencies, in what is a classic risk-off positioning pattern. Global stock markets and commodity prices tumbled again, with yesterday’s rebound… Read more »

Cutting through the agtech hype for on-farm gains

After years of hype around livestock tracking technologies, Dr Mark Trotter will tell the next Elders Presents online forum that these systems are now becoming a reality. Dr Trotter, Associate Professor in Precision Livestock Management at Central Queensland University, has been working with smart tag developers for about a decade and says the commercial release… Read more »

Hail, lodging hit promising winter crops in southern NSW

A destructive hail storm that swept across a wide swathe of farming country in the Junee region of southern NSW on Tuesday shredded cereal crops, pulverised pastures and stripped canola crops down to bare stalks. Source: Grain Central Hail, lodging hit promising winter crops in southern NSW

Ag worker code opens up southern borders

A new agricultural worker code that comes into effect tomorrow will provide a single permit system for the movement of agricultural workers, contractors and farmers crossing the NSW, Victorian and SA borders. Source: Grain Central Ag worker code opens up southern borders

VIC Premier can’t confirm easing of meat processor restrictions

VICTORIAN Premier Daniel today said he couldn’t confirm any announcements would be made this Sunday on the easing of COVID-19 workforce restrictions on meat processors. Source: Sheep Central VIC Premier can’t confirm easing of meat processor restrictions

Nominations open for ABIF-Marcus Oldham College Howard Yelland Award

The Australian Beef Industry Foundation (ABIF) and Marcus Oldham College are inviting nominations for the ABIF-Marcus Oldham College Howard Yelland Award 2020. Source: Beef Central Nominations open for ABIF-Marcus Oldham College Howard Yelland Award

Dalby sale 23 Sep 2020: Heavy cows back over 300c

Southern restockers were the major buyers in the market, with over 1,000 head purchased by interstate operators, with some going as far south as Victoria. Source: Beef Central Dalby sale 23 Sep 2020: Heavy cows back over 300c

Value-based marketing can help beef fend off the ‘silver tank’ challenge

Getting discounted for their could cattle could be the most valuable thing that could happen to producers, a leading livestock innovator told the opening day of the Livestock 2020 digital forum on Wednesday.  Source: Beef Central Value-based marketing can help beef fend off the ‘silver tank’ challenge

Grainfed trading budget sees sharp decline, as feeder prices hit record high

Record-high feeder cattle values and a softening in finished grainfed cattle price offers from processors has pushed Beef Central’s latest 100-day trading budget result deeply into negative territory. Source: Beef Central Grainfed trading budget sees sharp decline, as feeder prices hit record high

XE Market Analysis: Asia – Sep 23, 2020

The DXY printed two-month highs of 94.30 in N.Y. morning trade on Wednesday, rallying early in the session before turning sideways. Today marked the third straight day of USD gains, which largely came on the back of safe-haven demand. Growing virus threats in Europe, weighing on growth prospects there, along with general market angst on… Read more »

XE Market Analysis: North America – Sep 23, 2020

The dollar pulled back a little after posting fresh highs. This saw EUR-USD lift back above 1.1700 after earlier posting fell to an eight-week low at 1.1673. A strong rebound in global stock markets is putting pressure back on the dollar and giving EUR-USD buoyancy, although with the ECB having engaged in a form of… Read more »

XE Market Analysis: Europe – Sep 23, 2020

The yen has been trading mixed today. USD-JPY edged above 105.00, while EUR-JPY and other yen crosses have traded softer. AUD-JPY fell by 0.5%, foraying further into 10-week low terrain, as expectations for another RBA rate cut cement in markets, which has been concomitant with recent declines in iron ore and other commodity prices. In… Read more »

Bee and tree sectors forge unlikely alliance in WA over access to native forest

Beekeepers and the logging industry rarely see eye-to-eye on how native forest assets should be managed, but in a shock move the two sectors team up to improve native forest access for honey producers. Source: ABC Livestock Bee and tree sectors forge unlikely alliance in WA over access to native forest

Grower’s proposed WOOLQ resolution rejected by AWI

A WOOL grower’s move to end Australian Wool Innovation spending on the WoolQ data and trading platform has been blocked, but might not be completely thwarted. Source: Sheep Central Grower’s proposed WOOLQ resolution rejected by AWI