Month: November 2020

XE Market Analysis: Europe – Nov 30, 2020

The DXY dollar index edged out a 32-month low at 91.66, and is set to close out November with its second biggest monthly loss in almost two years. The decline has been concomitant with the vaccine-optimism rally in global asset markets, which catalysed a rotation in cyclical stocks and industrial commodities. The MSCI World Index… Read more »

Year of two halves for co-op meat processor NCMC, after $8.2m profit

It was a year of sharply contrasting halves for NSW meat processor Northern Cooperative Meat Co, which announced an $8.2 million profit after tax for the 2020 financial year to shareholders at its annual general meeting in Casino recently. Source: Beef Central Year of two halves for co-op meat processor NCMC, after .2m profit

AgriFutures Australia Horizon Scholarship applications wanted

YOUNG sheep and wool producers in the final two years of an ag-related undergraduate degree are encouraged to apply for the 2021 AgriFutures Horizon Scholarship Program. Source: Sheep Central AgriFutures Australia Horizon Scholarship applications wanted

Goat breeders need to test new visual assessment app

TESTING of a new visual assessment app for goats is being expanded to involve interested breeder groups, breed societies and individual breeders. Source: Sheep Central Goat breeders need to test new visual assessment app

Livestock producers urged to make bushfire plans now

VICTORIAN farmers have been reminded of the importance of being prepared and having a bushfire plan in place for their livestock. Source: Sheep Central Livestock producers urged to make bushfire plans now

Biosecurity is a family commitment at Kia Ora Merino

NO lice treatments for 10 years, no footrot and no Ovine Johne’s Disease risk — strict biosecurity has had to production advantages and reinforced the social licence of Finnigan Merino… Source: Sheep Central Biosecurity is a family commitment at Kia Ora Merino

First cross ewes with lambs peak at $624 on AuctionsPlus

FIRST cross ewes with lambs sold to a new national record of $624 on AuctionsPlus last week as store sheep values faltered, although buyers continued to favour fertility and youth. Source: Sheep Central First cross ewes with lambs peak at 4 on AuctionsPlus

NSW producers mulesing sheep without pain relief risk big fines

NEW South Wales producers mulesing sheep without pain relief could face the harshest cruelty penalties in Australia next year with the introduction of mooted fine increases. Source: Sheep Central NSW producers mulesing sheep without pain relief risk big fines

Webinar: Northern Breeding Business – Launching a better future for northern breeding herds

A webinar scheduled for Wednesday next week will introduce Northern Breeding Business, a producer-designed and led extension, adoption and research program aimed at increasing breeding herd performance and reducing calf mortality in northern Australia. Source: Beef Central Webinar: Northern Breeding Business – Launching a better future for northern breeding herds

WA considers an end to mandatory cattle branding

Western Australian livestock owners, industry and the community are being encouraged to provide feedback on a proposal to make earmarking and branding of stock optional. Source: Beef Central WA considers an end to mandatory cattle branding

Squib buys Viterra Millicent sites for expanding canola crush

The Earl brothers’ Squib Group has bought both Viterra sites in Millicent to increase canola storage for their expanding crushing plant, now the only one of its kind in South Australia. Source: Grain Central Squib buys Viterra Millicent sites for expanding canola crush

Best practice serrated tussock guide released

An industry first, best practice weed hygiene guide aimed at preventing the spread of serrated tussock and other weeds due to land management practices such as slashing, movement of vehicles and machinery has been developed. Source: Beef Central Best practice serrated tussock guide released

Feedgrain Focus: Truck squeeze, weather support prices

Export demand and limited grower selling are helping to support prices this week as the market heeds a dry and extremely hot week ahead for south-eastern Australia which may prompt some harvest bans. Source: Beef Central Feedgrain Focus: Truck squeeze, weather support prices

Recruitment: Close link between staff satisfaction and ag business performance

The most successful farmers overseas have mastered staff retention and are considered ‘employers of choice’ in their industry and community, a former Nuffield scholar’s research suggests. Source: Grain Central Recruitment: Close link between staff satisfaction and ag business performance

Should Australia take China to the WTO over barley tariff?

Trade Minister Simon Birmingham has given a strong indication Australia will take China to the WTO over its import tariff on Australian barley. The move has prompted a mixed reaction from grain industry leaders. Source: Grain Central Should Australia take China to the WTO over barley tariff?

Police investigate suspected poisoning of 75 calves

Detectives investigate whether or not calves on a Victorian rural property were poisoned and are waiting for autopsy reports. Source: ABC Livestock Police investigate suspected poisoning of 75 calves

Cattle are fetching record prices, but don't expect to pay more for your beef

Cattle producers are enjoying record prices, but experts say the short-term gain could prove a double-edged sword for industry as it looks to rebuild from all-time low national herd numbers. Source: ABC Livestock Cattle are fetching record prices, but don’t expect to pay more for your beef

How a small dairy co-op grew to be a homegrown food heavyweight

Bega Cheese’s move to acquire household dairy names and shore up its Australian product portfolio positions it nicely for international expansion, say insiders. Source: ABC Livestock How a small dairy co-op grew to be a homegrown food heavyweight

The 'Dalmatian sheep' and other memorable tales from an ABC Rural reporter

As ABC Rural celebrates 75 years, Eyre Peninsula reporter Brooke Neindorf gives an insight into the highs and lows of the job, the challenges of filing from remote areas and the stories that have stayed with her. Source: ABC Livestock The ‘Dalmatian sheep’ and other memorable tales from an ABC Rural reporter

Most categories ease in price, in smaller AuctionsPlus offering

Price corrections were seen across the majority of stock categories on AuctionsPlus this week. Cattle numbers were down 4pc, with a total listing of 19,559 head. Source: Beef Central Most categories ease in price, in smaller AuctionsPlus offering

XE Market Analysis: Asia – Nov 27, 2020

The Dollar was lower overall in N.Y. trade on Friday, seeing the DXY fall to three-month lows, and within 2 points of printing a 2.5 year low. The was no U.S. data to end the week, and the session was relatively quiet overall, as many U.S. participants remained out following Thursday’s Thanksgiving holiday. Wall Street… Read more »

XE Market Analysis: North America – Nov 27, 2020

Narrow ranges have been prevailing in risk-cautious trading. The DXY dollar index settled around the 92.00 level, above yesterday’s 12-week low at 91.84. EUR-USD remained buoyant but off from the 12-day peak seen yesterday at 1.1942. Cable also held within its Thursday range. USD-JPY ebbed to a four-day low at 103.91. The yen was concurrently… Read more »

XE Market Analysis: Europe – Nov 27, 2020

Narrow ranges have been prevailing in risk-cautious trading. The DXY dollar index settled around the 92.00 level, above yesterday’s 12-week low at 91.84. EUR-USD remained buoyant but off from the 12-day peak seen yesterday at 1.1942. Cable also held within its Thursday range. USD-JPY ebbed to a four-day low at 103.91. The yen was concurrently… Read more »

On-farm breakthrough in goat worm testing

GOAT producers can undertake rapid on-farm worm egg count testing without having to send dung samples away to laboratories, a study of a new diagnostic technology has found. Source: Sheep Central On-farm breakthrough in goat worm testing

MLA’s Sheep Genetics Advisory Committee needs you

MEAT & Livestock Australia is looking for two new members for its Sheep Genetics Advisory Committee. Source: Sheep Central MLA’s Sheep Genetics Advisory Committee needs you

Australian wool prices steady as clip gets stronger

WOOL prices generally steadied in Australia this week, with improvements in fine and medium Merino fleece and carding type values in some auction centres. Source: Sheep Central Australian wool prices steady as clip gets stronger

Dispute prompts review of wool trading terms and conditions

A DISPUTE between Chinese top maker Redsun and Australian Merino Exports has prompted a proposal to review wool trading terms and conditions under the International Wool Textile Organisation. Source: Sheep Central Dispute prompts review of wool trading terms and conditions

How high can cattle prices go? 1000c/kg EYCI ‘entirely possible,’ says NAB

While it is ‘entirely possible’ that the EYCI will reach 1000c/kg in early 2021, it likely to be unsustainable if achieved, NAB Agribusiness says in its latest monthly report. Already expensive compared to our competitors, a drier second half of 2021 will likely result in downward trend in Australian cattle prices into the second half… Read more »

Stanbroke’s Diamantina wins 2020 Darling Downs Beef Battle

250 steak lovers last night crowned Stanbroke’s Diamantina Wagyu beef as the champion of the 2020 Darling Downs Beef Battle in Toowoomba. Source: Beef Central Stanbroke’s Diamantina wins 2020 Darling Downs Beef Battle

Heatwave set to strike NSW-Qld summer crops

Extreme heat wave conditions are forecast to hit the summer cropping regions of southern Queensland and north west New South Wales over the coming week. Source: Grain Central Heatwave set to strike NSW-Qld summer crops

Outlooks versus reality show rainfall still eludes many

A run of positive seasonal climate outlook statements pointing to signficantly improved rainfall probabilities for much of the country are still yet to translate to water on the ground for many rural producers. Source: Beef Central Outlooks versus reality show rainfall still eludes many

Seasonal climate outlook Dec 2020-Feb 2021

December to February is likely to be wetter than average for nearly all of Australia, with a greater than 70pc chance in most areas, with the exception of Tasmania. Source: Beef Central Seasonal climate outlook Dec 2020-Feb 2021

Seasonal climate outlook Dec 2020-Feb 2021

December to February is likely to be wetter than average for nearly all of Australia, with a greater than 70pc chance in most areas, with the exception of Tasmania. Source: Sheep Central Seasonal climate outlook Dec 2020-Feb 2021

XE Market Analysis: North America – Nov 26, 2020

The dollar has remained soft in quiet conditions, while global asset markets have seen little direction. The U.S. Thanksgiving holiday has quelled activity. Europe’s Stoxx 600 traded near flat. Most stock markets in Asia gained, though remained off recent highs. The MSCI World Index is also off its highs, but remained buoyant and on course… Read more »

XE Market Analysis: Europe – Nov 26, 2020

The dollar has remained soft. Although risk appetite has waned in global markets, it hasn’t been sufficient to warrant safe haven positioning, which would have put the U.S. currency in demand. Worse than expected U.S. jobless claims caught attention, despite strong durable orders and home sales data, given the course to more Covid-related restrictions in… Read more »

ICPA calls for offical day to recognise distance education

ICPA Australia is calling on the Federal Government to formally recognise the role that parents play in distance education with the launch of Geographically Isolated Distance Education Day on 1 December. Source: Beef Central ICPA calls for offical day to recognise distance education

Dalby sale 25 Nov 2020: Prices ease in larger yarding

Medium and heavy weight yearling steers were present in good numbers. Overall demand remained firm but prices eased. Source: Beef Central Dalby sale 25 Nov 2020: Prices ease in larger yarding

Feedgrain Focus: Truck squeeze, weather support prices

Export demand and limited grower selling are helping to support prices this week as the market heeds a dry and extremely hot week ahead for south-eastern Australia which may prompt some harvest bans. Source: Grain Central Feedgrain Focus: Truck squeeze, weather support prices

Big opportunity for ag to sell ‘clean and green’ credentials

Australia may not be promoting our strong credentials in sustainability in a language that our trade partners understand. What is holding us back? Source: Grain Central Big opportunity for ag to sell ‘clean and green’ credentials

Sacred Cow film debunks anti-meat myths

There’s a debate out there about whether or not we should be eating meat. But what if we’re arguing about the wrong thing? What if the very animals we’re fighting about are a key piece of fixing what’s broken? Source: Beef Central Sacred Cow film debunks anti-meat myths

Bega Cheese buys Lion Dairy from Japan's Kirin

Bega Cheese emerges from a trading halt, announcing it will buy Lion Dairy and Drink from Japanese beverage giant Kirin. Source: ABC Livestock Bega Cheese buys Lion Dairy from Japan’s Kirin

Maximise your exposure at Beef 2021 through Beef Central

With the Beef Australia 2021 event in Rockhampton now only five months away, having been given the green light this morning, it’s time for agribusinesses of all types participating in the event to start thinking about getting their brand in front of the tens of thousands of visitors likely to attend next year’s event. … Read more »

Beef 2021 gets green light

After months of speculation about whether the event would go ahead as planned next May, it was confirmed this morning that Beef 2021 in Rockhampton is good to go. Source: Beef Central Beef 2021 gets green light

First of this seasons wheat heading for export markets via Newcastle Agri Terminal

23rd November 2020 It’s an exciting time for our partner National Agri Terminal (NAT). The first shipment of new crop wheat is heading for Vietnam via the NAT, Carrington at the Port of Newcastle. The bulk carrier Ince Point will be carrying 35,000 tonnes of wheat to Vietnam. The upcountry growing area has been experiencing… Read more »

XE Market Analysis: Asia – Nov 25, 2020

The Dollar was mostly lower in N.Y. on Wednesday, resulting in a fresh three-month low for the DXY. The index touched 91.92 lows, levels last seen on September 1. A barrage of incoming U.S. data was mixed, though overall weighed some on the Greenback. Revised GDP was unchanged from its initial print, while initial jobless… Read more »

XE Market Analysis: North America – Nov 25, 2020

The dollar and yen firmed up and the dollar bloc and other cyclical currencies turned lower as stock markets in Europe drifted lower after a mixed session across Asian markets. Commodities also came off the boil, with copper prices, for instance, turning negative on the day after posting a near seven-year high. Oil prices also… Read more »

XE Market Analysis: Europe – Nov 25, 2020

The dollar retained a softening bias while the dollar bloc and other commodity and cyclical currencies retained a firming bias, although momentum flagged somewhat during the course of trading, into the open of European interbank markets. While the MSCI World Index yesterday clocked a fresh record high, the mood in Asian stock markets has been… Read more »

Weekly property review: Late season surge in northern cattle listings

The end of the long dry season, before the arrival of the wet, may seem an unusual time for extensive Northern Australian cattle properties to be hitting the market, but a string of them have done so over the past few weeks. In this week’s property review, industry contacts look at what’s driving it. … Read more »

Determining long-term carrying capacity

Knowing the long-term carrying capacity of a property or paddock is essential information for managers of extensive grazing businesses. While it is a contentious issue, there is an established, evidence-based process for estimating long term carrying capacity. Source: Beef Central Determining long-term carrying capacity

North/South seasonal contrasts provide big exodus of QLD young cattle

Ongoing dry conditions in northern Australia and near-irresistible high prices in 2020 has seen a dramatic rise in the numbers of young cattle offered out of Queensland through AuctionsPlus this year, with weaner and yearling listings up 159pc, year to date. Source: Beef Central North/South seasonal contrasts provide big exodus of QLD young cattle

Australian Fodder Industry Association appoints new CEO

THE Australian Fodder Industry Association (AFIA) has appointed experienced agricultural executive Paula Fitzgerald as its new chief executive officer. Source: Sheep Central Australian Fodder Industry Association appoints new CEO

MLA launches new summer and wet season information hubs

SEASONAL on-farm decisions by sheep, cattle and goat producers are being supported by Meat & Livestock Australia’s new summer and wet season information hubs. Source: Sheep Central MLA launches new summer and wet season information hubs

WA sheep producers warned of toxic weed and ryegrass risk

SHEEP deaths from poisonous weeds and annual ryegrass toxicity has prompted a warning to Western Australia producers in rain-affected areas. Source: Sheep Central WA sheep producers warned of toxic weed and ryegrass risk

National wool broker award postponed till 2021

AUSTRALIA’S prestigious wool broker award has been postponed until next year due to COVID-19 pandemic travel restrictions. Source: Sheep Central National wool broker award postponed till 2021

Australian Merino Exports rejects Chinese top maker claims

WOOL exporter Australian Merino Exports is continuing to trade into China despite accusations being circulated by Chinese trade bodies on behalf of disgruntled top maker Redsun Wool. Source: Sheep Central Australian Merino Exports rejects Chinese top maker claims

Traceability grants available for ag supply chains

The Australian Government is encouraging applications from farming groups, research organisations and other eligible industry bodies for grants to support projects that enhance traceability in the agricultural produce supply chain. Source: Beef Central Traceability grants available for ag supply chains

Canola maintains buoyancy amid harvest pressure

Strong canola prices sweetened by bonifications paid for high oil content continue to see Australia’s major winter oilseed as the cash favourite for growers selling at harvest. Source: Grain Central Canola maintains buoyancy amid harvest pressure

Roma store 24 Nov 2020: Southern restocker demand pulls back

A smaller buying panel was present with all regular processors and feedlots operating, however southern restockers were absent. Steers eased across all categories, with light weight steers down by 14c to 17c/kg. Source: Beef Central Roma store 24 Nov 2020: Southern restocker demand pulls back

Weekly rainfall wrap + rain outlook, 25 November 2020

Surface troughs produced thunderstorms across the Kimberley in Western Australia and Top End in the Northern Territory, while A surface and upper-level trough produced moderate falls in southern and eastern Victoria. Source: Sheep Central Weekly rainfall wrap + rain outlook, 25 November 2020

Weekly rainfall wrap + rain outlook, 25 Nov 2020

Surface troughs produced thunderstorms across the Kimberley in Western Australia and Top End in the Northern Territory, while A surface and upper-level trough produced moderate falls in southern and eastern Victoria. Source: Beef Central Weekly rainfall wrap + rain outlook, 25 Nov 2020

Surgical robots may have application in red meat processing industry

Scientists are working to develop robotic principles that could help the red meat processing sector boost its global competitiveness – using technologies developed for use in human surgical procedures. Source: Beef Central Surgical robots may have application in red meat processing industry

XE Market Analysis: Asia – Nov 24, 2020

The Dollar ran higher into the N.Y. open and beyond on Tuesday, taking the DXY from 92.19 to 92.55. The USD advanced versus all the major currencies, seemingly on the back of the formal start to the transition to a Biden presidency. Gains were later partly reversed, perhaps as risk-taking levels surged. The DJIA headed… Read more »

XE Market Analysis: North America – Nov 24, 2020

The dollar and yen came under pressure as risk-on positioning re-established. Pound outperformance was another theme. The MSCI Asia-Pacific ex-Japan stock index hit a new record high. Europe’s Stoxx 600 pared early gains, leaving last week’s eight-month highs unchallenged, but remained remaining buoyant. S&P 500 E-mini futures were showing a 0.5% gain as of the… Read more »

XE Market Analysis: Europe – Nov 24, 2020

The dollar bloc and other commodity and cycle currencies have gained amid risk-on positioning in global markets, though many bellwether equity indices and commodities remain off recent trend highs, while Chinese markets fell after recent strong gains. Australia’s ASX 200 still rallied to a new eight-month high. EuroStoxx 50 and S&P mini futures posted 0.5%-plus… Read more »

Regulator cuts red tape for Class 3 livestock vehicle permits

The National Heavy Vehicle Regulator (NHVR) is removing the requirement to include registration numbers from Class 3 Livestock Vehicle permits from December 1. Source: Beef Central Regulator cuts red tape for Class 3 livestock vehicle permits

MLA summer and wet season resource hubs now online

Producers can now access regionally-relevant resources to support seasonal on-farm decision making this summer with the launch of both a Summer Hub for southern producers and Northern Wet Season Hub on Meat & Livestock Australia’s (MLA) website. Source: Beef Central MLA summer and wet season resource hubs now online

Wagga sale 23 Nov 2020: Shortage of secondary stock fuels price rise

Restockers contested solidly  against feedlots in the weight range of 330-400kg. Prices were unchanged to 1c dearer. Steers returning to the paddock averaged $1651/head. Source: Beef Central Wagga sale 23 Nov 2020: Shortage of secondary stock fuels price rise

XE Market Analysis: Asia – Nov 23, 2020

The Dollar turned broadly higher in N.Y. on Monday, with the better Markit PMI outcomes providing the main driver. USD Short-covering was noted after the unit tumbled through much of the month of November. The DXY recovered from near three-month opening lows of 92.02 to 92.80. In addition, firmer Treasury yields gave some support to… Read more »

XE Market Analysis: North America – Nov 23, 2020

The dollar and yen came under pressure as risk-on positioning re-established. Pound outperformance was another theme. The MSCI Asia-Pacific ex-Japan stock index hit a new record high. Europe’s Stoxx 600 pared early gains, leaving last week’s eight-month highs unchallenged, but remained remaining buoyant. S&P 500 E-mini futures were showing a 0.5% gain as of the… Read more »

60,000 head included in Maryfield/Limbunya NT offering

In one of the biggest stock offerings included in a property transaction in recent times, more than 60,000 head of Brahman cattle will be included in the offering of extensive NT grazing properties, Maryfield and Limbunya. Source: Beef Central 60,000 head included in Maryfield/Limbunya NT offering

XE Market Analysis: Europe – Nov 23, 2020

The dollar and yen traded moderately softer against most other currencies amid a buoyant sentiment in Asian markets, which propelled the MSCI Asia-Pacific ex-Japan stock index hit a new record high. Sterling outperformance was another theme. There have been various positive news, ranging from Covid vaccines and treatments, to encouraging corporate earnings and economic data,… Read more »

Lamb Legends muster for MLA Summer campaign + VIDEO

AUSTRALIANS will be asked to enjoy Aussie lamb with friends and families this Christmas in a new Summer campaign launched by Meat & Livestock Australia. Source: Sheep Central Lamb Legends muster for MLA Summer campaign + VIDEO

AuctionsPlus sells first cross ewes with lambs for record $561

FIRST cross ewes with lambs sold to a national record of $561 on AuctionsPlus last week. The previous ewe-lamb record of $516 set online earlier this year was beaten by strong bidding for a line of 16-17 month-old first cross ewes at Gunning, New South Wales. Source: Sheep Central AuctionsPlus sells first cross ewes… Read more »

Victoria goes on plague locust alert in the west and north-west

VICTORIA is on locust alert after a number of sightings of the pest were reported in the west and north-west of the state this month. Source: Sheep Central Victoria goes on plague locust alert in the west and north-west

Livestock feed makers reminded on imported ingredient approvals

ANIMAL food manufacturers are being reminded to check the approval status of any imported biological ingredients intended for livestock products. Source: Sheep Central Livestock feed makers reminded on imported ingredient approvals

Livestock carriers urge loading ramp assessments

LIVESTOCK producers and yard managers have been urged to undertake safety assessments of their loading ramps with the release of a new standard developed by Standards Australia. Source: Sheep Central Livestock carriers urge loading ramp assessments

Naracoorte 1st cross ewe lambs make $438 despite virus lockdown

FIRST cross ewe lambs sold to a record price of $438 despite COVID-19 lockdown conditions at the annual Naracoorte sale last Thursday. Source: Sheep Central Naracoorte 1st cross ewe lambs make 8 despite virus lockdown

Feeding imported human food to stock may pose serious disease risk: DAWE

The Department of Agriculture, Water and the Environment is reminding importers, distributors and manufacturers that they must have approval from the department to use imported plant and animal-derived ingredients in the manufacture of animal feeds. Source: Beef Central Feeding imported human food to stock may pose serious disease risk: DAWE

Feedgrain Focus: Saudi price lifts barley, wheat mixed

Prices in the latest Saudi tender have supported barley values, while wheat prices have softened in the south but firmed in the north. Source: Beef Central Feedgrain Focus: Saudi price lifts barley, wheat mixed

New Australian Standard for loading ramps published, but details at a cost

Standards Australia has published the first Australian Standard for Livestock loading/unloading ramps and forcing pens, but it will cost producers $125 to view the 37 page document. Source: Beef Central New Australian Standard for loading ramps published, but details at a cost

‘Rare to find a heifer under $1200’: Prices forge higher at Ballarat + VIDEO

Murray Arnel reports a quality yarding met firm to stronger demand at Ballarat’s November store cattle market on Friday, where feeder lines averaged 18c/kg higher, and lighter, younger steer and heifer pens forged a further ahead average 20-30c above the improved rates of the centre’s month-earlier October sale. Source: Beef Central ‘Rare to find a… Read more »

Pair of NT cattle stations expected to sell for at least $150m

North Star Pastoral is selling Maryfield and Limbunya stations, properties that cover more than 650,000 hectares and run 50,000 head of Brahman and Brahman-cross cattle. Source: ABC Livestock Pair of NT cattle stations expected to sell for at least 0m

AuctionsPlus numbers ease, as cows & calves remain in high demand

Prices remained strong across breeder categories and for heavier weight weaners and yearlings on AuctionsPlus this week, where numbers offered eased about 13 percent to 20,240 head. Source: Beef Central AuctionsPlus numbers ease, as cows & calves remain in high demand

World-first investigation raises ethical and policy challenges in using robots in agriculture

With automation poised to transform agriculture in Australia in the coming years, Monash University researchers have published the first-ever analysis of the ethical and policy issues raised by the use of robots in agriculture. Source: Beef Central World-first investigation raises ethical and policy challenges in using robots in agriculture

Not all overseas harvest workers went home during the pandemic

International border closures left many in the agriculture sector short-staffed this year, but there are a few overseas workers who opted to stay in Australia. Source: ABC Grain Not all overseas harvest workers went home during the pandemic

XE Market Analysis: Asia – Nov 20, 2020

The Dollar bounced slightly through the N.Y. session on Friday, with pre-weekend short-covering driving much of the move, following a relatively soft performance through the week. The DXY topped at 92.42, after hitting 92.25 lows early in the session. There were no data to drive markets, and it appeared traders stayed close to the sidelines… Read more »

Can you really catch coronavirus from frozen food?

Beijing has linked several local COVID-19 infections to frozen food packaging, but the WHO says there’s no evidence of the virus spreading this way. How valid are China’s concerns, and what is the risk of “object-to-human” transmission? Source: ABC Livestock Can you really catch coronavirus from frozen food?

XE Market Analysis: North America – Nov 20, 2020

Currencies have largely remained within recent range bounds. Risk appetite picked up during the European morning, which saw the dollar bloc currencies lift. Asian stock markets lifted after starting out weak, with the main indices across the region finishing in a mix of modest losses and modest gains. Europe’s Stoxx 600 was up 0.6%, and… Read more »