Month: February 2021

Price trends mixed on 18,203 head AuctionsPlus offering

Price trends were mixed in young cattle trading on AuctionsPlus this week, with records re-set for weaned steers, but some lighter heifer categories sharply down, losing the previous week’s gains.   Source: Beef Central Price trends mixed on 18,203 head AuctionsPlus offering

'Absolutely frightening': Hungry caterpillar dubbed the 'coronavirus of agriculture' could force up food prices

The fall armyworm started eating its way through crops in Far North Queensland a year ago. It is now destroying farms in the Northern Territory, Western Australia, New South Wales and Victoria, which could prove very costly for consumers. Source: ABC Livestock ‘Absolutely frightening’: Hungry caterpillar dubbed the ‘coronavirus of agriculture’ could force up… Read more »

XE Market Analysis: Asia – Feb 26, 2021

The DXY to 90.92 highs in N.Y. on Friday, a seven-session peak, and up from overnight lows of 90.13. The Greenback reversed Thursday’s losses, which came on the back of inflation fears, driven by surging Treasury yields. Since then, the market calmed some, with the USD advancing on those same higher yields. Incoming data was… Read more »

XE Market Analysis: North America – Feb 26, 2021

The dollar and yen rallied as a risk-off theme coursed through global markets, with equity markets, commodities, including base metals and oil, all tumbling. The sharp spike in U.S. and most other sovereign yields this week and the associated concerns about inflation have driven the correction in risk assets and currencies. Source: XE news… Read more »

XE Market Analysis: Europe – Feb 26, 2021

The dollar and yen rallied as a risk-off theme coursed through global markets, with equity markets, commodities, including base metals and oil, all tumbling. The sharp spike in U.S. and most other sovereign yields this week and the associated concerns about inflation have driven the correction in risk assets and currencies. Source: XE news… Read more »

Riverina acquires AMBOS

Brisbane Australia, Friday, 26 February 2021 Riverina (Australia) Pty Ltd has acquired 100% of the Ambos Stockfeeds business and assets, one of Australia’s leading manufacturers of premium stockfeed based in Young, NSW and as of today begins operations as Riverina (Australia) Pty Ltd from its headquarters in Brisbane, Queensland. The AMBOS brand (Australian Made Built On Service)… Read more »

Woolworths restructures red meat business across Australia

Australia’s largest supermarket retailer, Woolworths, is restructuring its red meat business, forming a stand-alone business called GreenStock. The move is designed to better organise the company’s end-to-end meat supply chain, it said. Source: Sheep Central Woolworths restructures red meat business across Australia

Woolworths restructures red meat business across Australia

Australia’s largest supermarket retailer, Woolworths, is restructuring its red meat business, forming a stand-alone business called GreenStock. The move is designed to better organise the company’s end-to-end meat supply chain, it said. Source: Beef Central Woolworths restructures red meat business across Australia

Online soils hub launched ahead of autumn sowing

Red meat producers across southern Australia can now access tips and tools to help undertake on-farm soil testing with the launch of a new soils hub on Meat & Livestock Australia’s (MLA) website. Source: Beef Central Online soils hub launched ahead of autumn sowing

Wellard report highlights Indo, Vietnam market challenges

Market insights contained in livestock vessel owner and charterer Wellard’s latest half yearly results report point to further signs of increasingly challenging conditions in Australia’s two largest cattle export markets. Source: Beef Central Wellard report highlights Indo, Vietnam market challenges

True cattle breeders at heart warn about Q Fever risks

IF you work in the livestock industry and have not yet been tested for Q Fever, it might pay to heed a word of truly heartfelt advice from WA stud cattle breeders and industry leaders Kathy and David Lovelock. Source: Beef Central True cattle breeders at heart warn about Q Fever risks

Feedgrain Focus: Prices ease as volume thins

Exports continue at a cracking pace. Cash trading of feedgrains was limited this past week, growers concentrating on delivering grain booked earlier, securing fertiliser and planning for winter crop. Source: Beef Central Feedgrain Focus: Prices ease as volume thins

Recruitment: Training boost for meat industry staff

Anyone with a passion for the livestock and meat industries, or those with an interest in getting involved, have the chance to bolster their knowledge, boost skills and build new networks at the upcoming ICMJ Northern Conference. Source: Beef Central Recruitment: Training boost for meat industry staff

Forward wool trading hit by currency movement

WOOL forward markets continued to trade in premium early this week across all microns and maturities, but pulled back against modest demand and as the Australian dollar strengthened against the US currency. Source: Sheep Central Forward wool trading hit by currency movement

WA Merino breeder Steven Bolt to lead 2021 WoolPoll

WESTERN Australian Merino breeder Steven Bolt has been elected as chairman of the 2021 WoolPoll Panel. Source: Sheep Central WA Merino breeder Steven Bolt to lead 2021 WoolPoll

Talented young meat and livestock scientists show vision, passion for the industry + pictures

The future of Australia’s meat and livestock research is in safe hands, if Beef Central’s observations from last Friday’s Animal Science Poster Olympics event held at the University of Queensland are any indication. Source: Beef Central Talented young meat and livestock scientists show vision, passion for the industry + pictures

Australian Merino growers hold clips as wool prices drop

AUSTRALIAN growers passed in almost 20 percent of the wool offered at auctions this week as the prices for all Merino lines fell this week. Source: Sheep Central Australian Merino growers hold clips as wool prices drop

XE Market Analysis: Asia – Feb 25, 2021

The DXY printed fresh seven-week lows of 89.68 in N.Y. morning trade on Thursday, despite better U.S. data, which included lower than expected jobless claims, an in-line Q4 GDP revision, and a surge in durable orders. The data had little impact on the Dollar, as focus remained on inflation, with higher Treasury yields being read… Read more »

XE Market Analysis: North America – Feb 25, 2021

The DXY dollar index has sank to seven-week lows under 89.75 following Fed chair Powell’s successful attempt to convince markets that the punch bowel of monetary stimulus isn’t going to be taken away anytime soon, even in the face of rising inflation. While admitting that asset prices are “somewhat elevated” and that there would be… Read more »

Victorian scheme offers $5000 farm safety equipment rebates

REBATES of up to $5000 for infrastructure and equipment addressing health and safety risks will be available from the Victorian Government until 31 December this year. Source: Sheep Central Victorian scheme offers 00 farm safety equipment rebates

XE Market Analysis: Europe – Feb 25, 2021

The DXY dollar index has sank to new six-week lows under 89.95 following Fed chair Powell’s successful attempt to convince markets that the punch bowel of monetary stimulus isn’t going to be taken away anytime soon, even in the face of rising inflation. While admitting that asset prices are “somewhat elevated” and that there would… Read more »

Dingo coat colour research will not affect wild dog control

RECENT research suggesting coat colour cannot be used to distinguish dingoes from wild dogs would not affect current wild dog management programs, according to national wild dog facilitator Greg Mifsud. Source: Sheep Central Dingo coat colour research will not affect wild dog control

Live exporters facing huge cost surges under Federal cost-recovery plan

The cost of an annual livestock export license in Australia will soar from $25,000 to over $100,000 under the latest round of cost recovery increases planned by the Federal Government. Source: Beef Central Live exporters facing huge cost surges under Federal cost-recovery plan

Dalby sale 25 Feb 2021: All classes of cows dearer

Heavy grown steers and bullocks to export processors averaged 6c to 7c/kg less, while all classes of cows sold to a dearer trend to improve in price by 4c to 9c, and restocker lines averaged 20c/kg better. Source: Beef Central Dalby sale 25 Feb 2021: All classes of cows dearer

Seasonal climate outlook Mar-May 2021

The Bureau of Meteorology’s outlook for autumn, released today, shows above average rainfall likely for parts of eastern Queensland and New South Wales, and eastern Tasmania, with a more neutral outlook elsewhere. Source: Sheep Central Seasonal climate outlook Mar-May 2021

Seasonal climate outlook Mar-May 2021

The Bureau of Meteorology’s outlook for autumn, released today, shows above average rainfall likely for parts of eastern Queensland and New South Wales, and eastern Tasmania, with a more neutral outlook elsewhere. Source: Beef Central Seasonal climate outlook Mar-May 2021

Why your peanut butter has gone all the way to the Supreme Court

Dairy giant Fonterra loses a long-running legal battle to block Bega Cheese from using the Bega brand on a range of peanut butter. Source: ABC Livestock Why your peanut butter has gone all the way to the Supreme Court

Thieves undermine time-honoured honesty system of roadside farm stalls

The honesty box for roadside farm produce is a common sight across the countryside, but not everyone is “honest” — and that could mean fewer of the boxes are seen in future. Source: ABC Livestock Thieves undermine time-honoured honesty system of roadside farm stalls

Cattle scale operator convicted and fined over NLIS

A cattle scale operator and his business have been found guilty in the Warrnambool Magistrates Court for failing to record the movement information of cattle sold through a number of the scales run by the accused. Source: Beef Central Cattle scale operator convicted and fined over NLIS

XE Market Analysis: Asia – Feb 24, 2021

The DXY perked up slightly in N.Y. trade on Wednesday, though aside from USD-CAD, which slipped to trend lows, most major USD pairings ended the session largely unchanged. After losing ground late last week, the Greenback has steadied inside of relatively narrow trading bands, with the market appearing to be uncertain on general direction going… Read more »

XE Market Analysis: North America – Feb 24, 2021

The dollar has been trading mixed so far today, rising against an underperforming yen, holding steady against the euro while losing ground to dollar bloc, which were led higher by a charge in the New Zealand dollar, and the pound, which saw an outsized rally during the Asian session. The pound’s gains were notable, with… Read more »

XE Market Analysis: Europe – Feb 24, 2021

The pound and the New Zealand dollar surged to fresh trend highs, which along with a side theme of yen weakness, provided the main action during Asian trading ahead of the London interbank open. Cable spiked by some 180 pips from yesterday’s New York closing level in posting a fresh 36-month high at 1.4234. The… Read more »

Weekly property review: New England attractive to southern buyers seeking to relocate and expand

A cooler climate, reliable rainfall and perceived value for money are some of the key drivers for southern producers considering the financial viability and attraction of expanding, by relocating to the New South Wales’ New England region. Source: Beef Central Weekly property review: New England attractive to southern buyers seeking to relocate and expand

‘Golden era’ for North Qld grazing property market

For the first time last year, forest country land values on average outstripped Mitchell grass downs areas in North and northwest Queensland, a recent analysis by valuer Herron Todd White shows. Source: Beef Central ‘Golden era’ for North Qld grazing property market

Weekly rainfall wrap + rain outlook, 24 February 2021

A PERSISTENT trough brought moderate to heavy falls to northern Australia, while a Tasman low generated moderate falls along the northern coast of New South Wales. Source: Sheep Central Weekly rainfall wrap + rain outlook, 24 February 2021

New WA feedmill to target sheep and cattle pellet market

A NEW feedmill is to be built at Cuballing in the Western Australian wheatbelt to supply 180,000 tonnes per year of pellets for sheep and cattle. Source: Sheep Central New WA feedmill to target sheep and cattle pellet market

Less competition drags saleyard lamb prices back

SLAUGHTER lamb and mutton prices generally eased in several saleyards this week as not all processors or supermarkets operated in all centres, and restocker demand and quality varied. Source: Sheep Central Less competition drags saleyard lamb prices back

Short-tailed Merino ewes were ‘the buy of the day’ at Parkdale

TRANGIE wool grower Tim Burns has paid just $230 for the first offering of short-tailed Merino ewes in Australia and he believes he got the deal of the day. Source: Sheep Central Short-tailed Merino ewes were ‘the buy of the day’ at Parkdale

Weekly rainfall wrap + rain outlook, 24 February 2021

A persistent trough brought moderate to heavy falls to northern Australia, while a Tasman low generated moderate falls along the northern coast of New South Wales. Source: Beef Central Weekly rainfall wrap + rain outlook, 24 February 2021

Roma store sale 23 Feb 2021: Prices ease in larger yarding

Prices mostly eased across the yarding, but demand remained firm for quality cattle with price fluctuations reflective of quality variations. Source: Beef Central Roma store sale 23 Feb 2021: Prices ease in larger yarding

New WA feedmill targets pre-harvest start-up

Patmore Feeds is building its first pelletising plant at Cuballing in WA to held satisfy demand from the sheep and cattle sectors. Source: Grain Central New WA feedmill targets pre-harvest start-up

Dual purpose canola crop breaks Australian record

A NSW mixed farming business has claimed an Australian record with a 7.16 tonnes/hectare crop of dual purpose canola. Source: Grain Central Dual purpose canola crop breaks Australian record

Leucaena success on ‘second rate’ country highlights productivity gain potential

A breakthrough trial which has shown leucaena can be successfully established on second rate gravel ridges is highlighting the potential that exists for producers in many areas to unlock further productivity gains using the tropical forage legume. Source: Beef Central Leucaena success on ‘second rate’ country highlights productivity gain potential

XE Market Analysis: Asia – Feb 23, 2021

The DXY was a bit choppy on Tuesday in N.Y., though inside a narrow trading band of 90.26 to 90.01 through the session after printing better than one-month lows of 89.94 in Asia. The USD revealed some safe-haven characteristics through the session, generally rising as Wall Street was hammered lower early on firmer yields and… Read more »

More investment needed to reach $100 billion farmgate output target

AUSTRALIA’S target of $100 billion in farmgate output by 2030 would not be met under existing investment levels, according to a new report released today. Source: Beef Central More investment needed to reach 0 billion farmgate output target

XE Market Analysis: North America – Feb 23, 2021

The dollar lifted out of lows following a four trading day run lower, lifted in part by a sharp drop in cryptocurrencies and a correction in base metals, which had earlier in many cases printed new multi-year highs. Equity markets also saw pronounced declines following some disappointing corporate earnings reports. Amid this, the DXY dollar… Read more »

XE Market Analysis: Europe – Feb 23, 2021

The dollar remained on a softening path in what is now a fourth consecutive trading day of weakening, which has spanned over phases both risk-on and risk-wary sentiment in global markets, alongside a continued ascent in Treasury yields. Overall, as witnessed by gains in commodity prices over this period, which have been attributed by some… Read more »

Weekly genetics review: Crossbreeding for profit

Within any herd, the genetic potential to perform needs to be a consideration within the larger picture of enterprise profitability. It is easy to overlook one of the effective genetic opportunities available for producers, which is crossbreeding, says genetics editor Alastair Rayner – but it needs to be approached correctly. Source: Beef Central Weekly… Read more »

ABRI implements advanced prediction model to support large numbers of genotypes for genetic evaluation

The Agricultural Business Research Institute has become one of the world’s first users of the Single Step Genomic Best Linear Unbiased Prediction (GTBLUP method, which allows for an almost unconstrained use of genomic data in calculating Estimated Breeding Values. Source: Beef Central ABRI implements advanced prediction model to support large numbers of genotypes for… Read more »

Focus on optimising genetic evaluation, says Nuffield scholar

Greater focus must be placed on optimising genetic gain through the accurate selection of non-visual profit-driving traits, in order to ensure that the northern Australia’s beef industry is equipped to be profitable and meet evolving social and environmental pressures. That’s the view of 2019 Nuffield Scholar and Western QLD beef producer, Rebecca Burnham, who investigated… Read more »

'Why aren't we cooking them right now?': Risks of importing raw prawns under review

Federal Agriculture Minister David Littleproud responds to warnings that Australia is being left wide open to aquatic disease outbreaks by announcing an independent advisory group to review his own department’s work. Source: ABC Livestock ‘Why aren’t we cooking them right now?’: Risks of importing raw prawns under review

COVIDSafe fox and wild dog bounties to resume in Victoria

FOX and wild dog bounty collections will resume in Victoria next week, but hunters will have mask up to claim their rewards. Source: Sheep Central COVIDSafe fox and wild dog bounties to resume in Victoria

Leongatha agent wins Victoria’s young auctioneer competition

NUTRIEN South Gippsland Livestock stock agent Jack Ginnane has won the 2020 ALPA Victoria Young Auctioneers Competition on his first attempt. Source: Sheep Central Leongatha agent wins Victoria’s young auctioneer competition

Weekly kill: Slow seasonal start remains stuck in first gear

With just a week remaining in February, eastern Australia is yet to crack a weekly beef kill of 100,000 head, in what amounts to the slowest start to a slaughter year in recent history. Source: Beef Central Weekly kill: Slow seasonal start remains stuck in first gear

NSW, Vic farmers invited to trial Wi-Fi calling under Federal trial

Australian wireless networking company Zetifi has issued a call out for farmers in New South Wales and northern Victoria to express their interest in trialling Wi-Fi calling as part of a Federal Government-backed program to provide improved phone services for rural and remote areas. Source: Beef Central NSW, Vic farmers invited to trial Wi-Fi… Read more »

Australian Beef Sustainability Framework launches vegetation mapping tool

The Australian Beef Sustainability Framework (ABSF) has today launched an interactive vegetation mapping and reporting tool, which it says is designed to provide the industry and public with the best available national data on the Balance of Tree and Grass Cover. Source: Beef Central Australian Beef Sustainability Framework launches vegetation mapping tool

XE Market Analysis: Asia – Feb 22, 2021

The DXY fell to its lowest level since January 13, bottoming at 90.00 in N.Y. trade on Monday, down from 90.30 at the open, and the 90.57 top seen overnight. The Greenback had been on the rise overnight, as the U.S. 10-year Treasury yield hit a one-year high near 1.40%. Yields later ebbed in N.Y.,… Read more »

XE Market Analysis: North America – Feb 22, 2021

It’s all about yield differentials in currency markets at the moment. The Aussie dollar, for instance, has pegged fresh trend highs against most currencies in synchrony with Australian yields rising more than peers over the last week. UK yields have also been among those showing the biggest basis point rise, even more than U.S. Treasuries… Read more »

XE Market Analysis: Europe – Feb 22, 2021

Shifting yield differentials have continued to drive currency direction. At the 10-year maturity level, Australian yields have, for instance, risen more over the last week than most peers, which has driven the Aussie dollar to fresh trend highs against most currencies. UK yields have also been among those showing the biggest basis point rise, even… Read more »

Sheep Central’s response to Facebook’s ban on news

FACEBOOK’S arrogant and unconscionable decision last week to block Australian news sites from its pages will hurt a lot of information providers, including some rural and regional media. Source: Sheep Central Sheep Central’s response to Facebook’s ban on news

Beef Central’s response to Facebook’s ban on news

Facebook’s arrogant and unconscionable decision last week to block Australian news sites from its pages will hurt a lot of information providers, including some rural and regional media. However Beef Central’s core strategy has always been to focus heavily on building our own audience through email subscribers, and direct-to-website traffic -hence its impact on readership… Read more »

MLA bushfire recovery funding available until 30 June

COMMUNITY groups and organisations that support bushfire-affected red meat producers are being reminded to apply for funding under Meat & Livestock Australia’s ongoing Bushfire Recovery Sponsorship Program. Source: Sheep Central MLA bushfire recovery funding available until 30 June

More investment needed to reach $100 billion farmgate output target

AUSTRALIA’S target of $100 billion in farmgate output by 2030 would not be met under existing investment levels, according to a new report released today. Source: Sheep Central More investment needed to reach 0 billion farmgate output target

Angus takes shearing to LEGO land with woolshed idea

A LEGO woolshed has put Tahara’s Angus Dohle on the path to recognition as a designer, but he needs the help of every Sheep Central reader and their friends. After… Source: Sheep Central Angus takes shearing to LEGO land with woolshed idea

Late-sown sorghum set for a stellar finish

In a dramatic turnaround from a run of drought-affected summers, sorghum crops in the eastern summer farming regions are on track for a promising finish as the main harvest approaches. Source: Grain Central Late-sown sorghum set for a stellar finish

Protein 2021 conference: Feeding changing consumer habits

Global demand for protein is increasing with consumption rising 40 percent since 2000, more than half of which is being driven by Asia, one of several trends will be discussed in depth at the Protein 2021 Conference hosted by TSBE in Dalby on February 24. Source: Beef Central Protein 2021 conference: Feeding changing consumer… Read more »

‘Mind blowing’ Ballarat steer sale

Major lot feeder orders from across the southeastern states set alight a fearless demand for suitable feeder cattle at Ballarat’s annual grown and weaner steer sale on Friday. Source: Beef Central ‘Mind blowing’ Ballarat steer sale

Canned debate: Should Australian supermarket brands use Aussie beef?

The canned corned beef section in Australian supermarkets occupies a tiny portion of aisle space but also raises some larger questions about retailer decisions to stock local versus imported product. Source: Beef Central Canned debate: Should Australian supermarket brands use Aussie beef?

Teys CEO joins new-look AMPC board

Teys Australia chief executive Brad Teys is one of two new high-profile directors joining the board of the Australian Meat Processor Corporation this year. Source: Beef Central Teys CEO joins new-look AMPC board

Thought-provoking ‘Leadership’ theme fitting for Beef 2021 symposium

The line-up of guest speakers for the Beef 2021 symposium has been announced, with tickets now on sale. Being held on Monday 3 May, the first day of the event program, the half-day symposium will bring keynote speakers to the fore, canvassing the biggest issues of the day and imparing their leadership experience and wisdom. … Read more »

Recruitment: Are older workers a too-often ignored resource?

Could it be that many companies are ignoring older workers as a valuable resource which could potentially close the current skills gap? Source: Grain Central Recruitment: Are older workers a too-often ignored resource?

Barley or bust: New King Island distillers go with the grain

A dream to build a distillery on the Bass Strait island’s global reputation for fine produce almost ran aground on one key ingredient. Source: ABC Grain Barley or bust: New King Island distillers go with the grain

Country music legend Graeme Connors becomes an 'accidental beekeeper'

Country music legend Graeme Connors and his wife Lyn stumbled upon beekeeping as a hobby. Now Connors says it’s become a “secret handshake” in the country music industry. Source: ABC Livestock Country music legend Graeme Connors becomes an ‘accidental beekeeper’

Remote workers use photography to share their extraordinary offices

From the remote outback to the deep, blue waters of the Gulf of Carpentaria, some Australians have very different workplaces to the offices, warehouses and building sites most of us are used to — and a few of them are using photographs to share their unique ways of life. Source: ABC Livestock Remote workers… Read more »

Young cattle prices rise in 17,867 head AuctionsPlus offering

Sharp price rises were recorded for steers and most heifer weight categories in AuctionsPlus trading this week, after a dip in prices for young cattle the week before. Offerings dropped 8pc across all sales compared with the previous week, to 17,867 head. Source: Beef Central Young cattle prices rise in 17,867 head AuctionsPlus offering

XE Market Analysis: Asia – Feb 19, 2021

The Dollar index stumbled in the London morning session, hitting a low in early N.Y. before rebounding modestly. The index approached the three-week low of 90.12 seen on Tuesday, later topping at 90.65. Rising price pressures in the Markit PMI reports lifted yields, which provided support to the USD, as did pre-weekend short covering. Incoming… Read more »

XE Market Analysis: North America – Feb 19, 2021

The dollar has softened for a second consecutive day, despite U.S. Treasury yields perking up, although remaining off trend highs seen earlier in the week. Global stock markets have continued to exhibit a sputtering price action in the face of historically stretched valuations and the recent spike in yields. In the commodity realm, oil prices… Read more »

XE Market Analysis: Europe – Feb 19, 2021

The dollar has softened for a second consecutive day, despite U.S. Treasury yields perking up, although remaining off trend highs seen earlier in the week. Global stock markets have continued to exhibit a sputtering price action in the face of historically stretched valuations and the recent spike in yields. In the commodity realm, oil prices… Read more »

Strong wool auctions put forward markets in premium

ANOTHER strong week on the spot wool auction market helped keep the forward markets in premium as hedging levels broke through some grower’s initial target levels. Source: Sheep Central Strong wool auctions put forward markets in premium

NSW Farmers welcomes crackdown on biosecurity breaches

NSW Farmers has welcomed a crackdown on biosecurity breaches, as the Australian Government acts to further bolster protection from growing pest and disease threats. Source: Sheep Central NSW Farmers welcomes crackdown on biosecurity breaches

Australian wool prices rebound with better competition

WOOL prices rose strongly this week, driven by interest from multiple buying companies, according to the Australian Wool Exchange. AWEX’s weekly report said strong spirited bidding helped to push prices… Source: Sheep Central Australian wool prices rebound with better competition

Australian grower bodies plan wool awareness initiatives

AUSTRALIAN wool grower bodies are planning international campaigns for their fibre highlighting its high quality and sustainability, industry animal welfare practices and health, disease and biosecurity systems. Source: Sheep Central Australian grower bodies plan wool awareness initiatives

New Australian sheep meat and beef processing joint venture deal

BRAZILIAN meat packer Minerva Foods has signed an agreement with the Saudi Agricultural and Livestock Investment Company for the possible acquisition of Australian assets and establishment of a joint venture to process sheep meat and beef. Source: Sheep Central New Australian sheep meat and beef processing joint venture deal