Category: Uncategorized

You're paying more for milk but is any of it going to farmers?

Dairy farmers say they are devastated a 10-cents-a-litre increase in the retail price of milk in July has not been passed on to them. Source: ABC Livestock You’re paying more for milk but is any of it going to farmers?

Meet the rare turkeys donating their blood to science

Turkeys bred on a farm in western Victoria are at the centre of the global fight to improve the flu vaccine. Source: ABC Livestock Meet the rare turkeys donating their blood to science

XE Market Analysis: Asia – Aug 23, 2019

The Dollar Index fell to eight session lows of 97.67 in N.Y. on Friday, coming from 98.42 at the open. USD sellers stepped in after China announced 5-10% tariffs on an additional $75 bln of U.S. goods, and the Greenback was weighed down by a fairly dovish, but non-committal speech from Fed chair Powell. Volatility… Read more »

Heavier steers lift 20-30c in 9586 head AuctionsPlus offering

Steer prices trended up on AuctionsPlus this week, especially for heavier descriptions, which averaged 20-30c/kg higher than last week. Source: Beef Central Heavier steers lift 20-30c in 9586 head AuctionsPlus offering

XE Market Analysis: Europe – Aug 23, 2019

The New Zealand Dollar outperformed and China’s Yuan weakened, while the U.S. buck traded modestly firmer against most currencies as market participants anticipate Fed Chair Powell’s address at the Jackson Hole Symposium later today. Regarding Powell, market participants are evidently not overly hopeful he will signal a clear and strong commitment to sustained rate cuts… Read more »

Feedgrain Focus: Barley shapes up in fuzzy new-crop picture

Strong winds, warm days, some frosts and no rain have battered the yield potential of crops, but January delivered WA boat barley is buying demand in feedlot rations in southern Queensland. Source: Beef Central Feedgrain Focus: Barley shapes up in fuzzy new-crop picture

Dubbo Sale 22 Aug 2019: Southern restockers chase weaners

Continued support from southern restockers on the large numbers of plain conditioned weaners saves the day again at Dubbo in a smaller yarding. Source: Beef Central Dubbo Sale 22 Aug 2019: Southern restockers chase weaners

Surprising trends in ag research funding analysis

An analysis of investment in national rural research and development over the past decade has revealed, perhaps surprisingly, that overall funding for agricultural research in Australia has increased. The trend… Source: Beef Central Surprising trends in ag research funding analysis

Markets: Should southern states vendors hold on to weaners to sell as feeders?

In the current market, should southern states vendors try to hold on to weaners to sell as feeders? It has long been industry convention that a c/kg premium is received for weaner cattle, when compared to feeders, but the current drought conditions have seen a shift in this premium throughout 2019 towards feeder stock. … Read more »

GM crops: to ban or not to ban? That’s not the question

With SA and Tasmania recently in the news over their GM policies, debate over GM crops continues. Many people’s opinions relate to their views on what constitutes acceptable risk, and whether they see GM foods as substantially equivalent to non-GM foods. Source: Grain Central GM crops: to ban or not to ban? That’s not… Read more »

Young NSW farmers laud ‘life-changing’ coaching program

YOUNG farmers and fishers across New South Wales have been invited to apply for a “life-changing” coaching program run by the NSW Department of Primary Industries’ Young Farmer Business Program. Source: Sheep Central Young NSW farmers laud ‘life-changing’ coaching program

Mandatory sheep and goat EID boosts NLIS compliance

MANDATORY Victorian electronic sheep and goat ear tag use and online workshops have boosted overall National Livestock Identification System compliance, Meat & Livestock Australia has reported. Source: Sheep Central Mandatory sheep and goat EID boosts NLIS compliance

Are you getting enough? Red meat should be embracing World Iron Awareness Week

A lack of dietary iron is the world’s most prevalent nutrient deficiency. Iron remains red meat’s most powerful consumer marketing weapon in a nutritional sense, and the Australian beef and sheepmeat industries ought to be embracing World Iron Awareness Week, starting next Monday, 26 August. Source: Beef Central Are you getting enough? Red meat… Read more »

Pasture dieback spread risk prompts NSW DPI warning

NEW South Wales graziers have been advised to be on the lookout for pasture dieback among grass pastures after reports of its spread via hay consignments. Source: Sheep Central Pasture dieback spread risk prompts NSW DPI warning

Top broker Samantha living ‘wool 24-hours’

A YOUNG Australian wool broker who has made the industry her life by innovating to service company staff and grower clients has won her sector’s most prestigious award. Source: Sheep Central Top broker Samantha living ‘wool 24-hours’

30 million Americans watch this massive show — and it's filmed in Australia

Bull riders will still tell you the Mount Isa Rodeo isn’t a social event — they go to win. But as conditions in country Australia worsen, they’re not the only ones hanging on. Source: ABC Livestock 30 million Americans watch this massive show — and it’s filmed in Australia

XE Market Analysis: Asia – Aug 22, 2019

The Dollar was lower through N.Y. morning trade on Thursday, seeing the DXY fall from pre-open highs of 98.39 to lows of 98.08. The bulk of losses came following the Markit manufacturing PMI outcome, which dipped under the 50 bust/boom line for the first time since September of 2009. Activity slowed at mid-morning, as market… Read more »

XE Market Analysis: The US Dollar Steadies Ahead of Jackson Hole Party

OVERVIEW The Dollar Index is flat near a 2019 high, waiting for the big Central Bankers’ meeting we’ve been mentioning over the past few days.  Soft PMI readings send the Euro below the 1.11 handle. WTI Crude oil gained another 1.20% but commodity-currencies remain on the defensive. HIGHLIGHT Source: XE news feed XE Market Analysis:… Read more »