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Source: ABC Livestock
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Elders acquires Eastern Rural in Dalby
Elders has announced the acquisition of Eastern Rural in Dalby.
Source: Beef Central
Elders acquires Eastern Rural in Dalby
Drop in lentil tariffs ends three-year shutout of Indian market
Steep tariffs introduced in 2017 effectively cut Australian exports of lentils and chickpeas to India, but a rate change has opened the door again.
Source: ABC Grain
Drop in lentil tariffs ends three-year shutout of Indian market
Dalby sale 3 June 2020: Additional Victorian processors join market
A Victorian export processor was present however one major exporter was absent from the buying panel. Feeder and restocker buyers continued to provide very strong competition across all classes of yearling steers and heifers.
Source: Beef Central
Dalby sale 3 June 2020: Additional Victorian processors join market
COVID-19 triggers shift in agribusiness foreign exchange behaviours
The Australian dollar traded at a 17-year low in March, triggering a shift in behaviour for many agribusinesses looking to take advantage of favourable exchange rates to market their products.
Source: Grain Central
COVID-19 triggers shift in agribusiness foreign exchange behaviours
120 years of wheat varieties planted to track industry's evolution
Wheat researchers go back in time to produce a display of just how far the industry has come and what work needs to be done to improve productivity.
Source: ABC Grain
120 years of wheat varieties planted to track industry’s evolution
Kay’s Cuts: Market forces drove US beef cutouts sky-high
A perfect storm of supply and demand factors has delivered record margins to US beef processors, since the onset of COVID-19. Should they have shard more of their margin with cattle producers? Beef Central’s US market commentator Steve Kay explores the question
Source: Beef Central
Kay’s Cuts: Market forces drove US beef cutouts sky-high
XE Market Analysis: Asia – Jun 03, 2020
The DXY hit its lowest level since March 12, printing 97.19 lows, after peaking at 97.62 into the N.Y. open. It was another risk-on session, as incoming data, including the ADP jobs report and factory orders were ugly, but not as bad as had been expected. Wall Street rallied to three-month highs, while Treasury yields surged as well. The backdrop allowed more of the USD’s (and the JPY’s) safe-haven premium to unwind through the morning session. EUR-USD printed 1.1250 highs, up from 1.1184 into the open. USD-JPY topped at 108.99, up from near 108.50.
Source: XE news feed
XE Market Analysis: Asia – Jun 03, 2020
XE Market Analysis: North America – Jun 03, 2020
More of the same, with the dollar and yen weakening while commodity currencies lead the outperforming pack as stocks and oil prices, and other industrial commodities, continued to rally. A risk-on cocktail of reopening global economies and expectations for further stimulus measures have been underpinning, which are for now offsetting concerns about U.S.-China tensions and the potentially economically disruptive social order disturbances across America. The narrow trade-weighted USD index fell a further 0.3% in printing a low at 97.29, the lowest level seen since March 12th.
Source: XE news feed
XE Market Analysis: North America – Jun 03, 2020
Movement at the Station – Properties recently listed for sale
Tightly held Cloncurry enterprise to sell after 100 years | Texans offer their NSW Heavin Farms Aggregation | NSW’s historic Digilah Station heads to auction | Crowther family exchanges two Qld breeder properties for Leeora | Affordable south west Qld breeding and backgrounding | New England grazing block surplus for owners | Retirement prompts the sale of two New England blocks | NSW coastal cattle breeding country
Source: Beef Central
Movement at the Station – Properties recently listed for sale
XE Market Analysis: Europe – Jun 03, 2020
More of the same, with the dollar and yen weakening while commodity currencies lead the outperforming pack as stocks and oil prices, and other industrial commodities, continued to rally. A risk-on cocktail of reopening global economies and expectations for further stimulus measures have been underpinning, which are for now offsetting concerns about U.S.-China tensions and the potentially economically disruptive social order disturbances across America. The narrow trade-weighted USD index fell a further 0.3% in printing a low at 97.37, the lowest level seen since March 13th.
Source: XE news feed
XE Market Analysis: Europe – Jun 03, 2020
Circa $25m anticipated for premium Gunnedah grazing portfolio
Outstanding location combined with a self-sufficient beef backgrounding platform and cropping opportunities is expected to draw widespread interest and deliver more than $25 million for the Gunnedah Portfolio on the Liverpool Plains of northern NSW.
Source: Beef Central
Circa m anticipated for premium Gunnedah grazing portfolio
Live export ruling: what happens next?
After waiting nine years for yesterday’s Federal Court ruling that the Gillard Labor Government’s 2011 live export ban was unlawful, it could take another year or so yet for the businesses affected by the knee-jerk trade shutdown to secure financial compensation.
Source: Beef Central
Live export ruling: what happens next?
Webinar: Creating a lasting legacy for farm businesses and family through succession planning
Isobel Knight, who has presented widely on the topic of succession planning at primary producer gatherings across Australia over the past 15 years, will deliver an information-packed webinar on the topic next Wednesday, including an interactive question and answer session.
Source: Sheep Central
Webinar: Creating a lasting legacy for farm businesses and family through succession planning
Webinar: Creating a lasting legacy for farm businesses and family through succession planning
Isobel Knight, who has presented widely on the topic of succession planning at primary producer gatherings across Australia over the past 15 years, will deliver an information-packed webinar on the topic next Wednesday, including an interactive question and answer session.
Source: Grain Central
Webinar: Creating a lasting legacy for farm businesses and family through succession planning
Webinar: Creating a lasting legacy for farm businesses and family through succession planning
Isobel Knight, who has presented widely on the topic of succession planning at primary producer gatherings across Australia over the past 15 years, will deliver an information-packed webinar on the topic next Wednesday, including an interactive question and answer session.
Source: Beef Central
Webinar: Creating a lasting legacy for farm businesses and family through succession planning
Northern Victorian dairy farmers search for cheaper water
Dairy farmers in northern Victoria’s Torrumbarry Irrigation Area look below their feet for a solution to crippling water prices.
Source: ABC Livestock
Northern Victorian dairy farmers search for cheaper water
Australia’s winter crop planting set to soar more than 25pc: Rabobank
Australia’s winter crop planting is set to climb by over 25pc this year on the back of widespread and well-timed rainfall across most of the country, according to Rabobank.
Source: Grain Central
Australia’s winter crop planting set to soar more than 25pc: Rabobank
Cattle industry waits to find out how much live export shutdown ruling is worth
Legal experts and industry continue to examine yesterday’s surprise court decision that ruled a Commonwealth minister acted unlawfully in banning the live cattle trade in 2011.
Source: ABC Livestock
Cattle industry waits to find out how much live export shutdown ruling is worth
Gerry Harvey joins our upcoming webinar on agtech and tax planning issues
One of Australia’s highest-profile businessmen, Gerry Harvey, will feature in our upcoming agtech webinar, focussing on tax-time implications for technology investments in agriculture.
Source: Beef Central
Gerry Harvey joins our upcoming webinar on agtech and tax planning issues
More time to make WoolPoll review submissions
The Department of Agriculture, Water and the Environment is extending the due date for submissions on the WoolPoll Review to give stakeholders the best opportunity to share their thoughts on how the poll is run.
Source: Sheep Central
More time to make WoolPoll review submissions
Roma store sale 2 June 2020: Restockers keep heat on quality weaners
Cattle were mostly drawn from the local supply area but included a fair number from Western & North Western Queensland in a yarding where steers and heifers were present in similar numbers.
Source: Beef Central
Roma store sale 2 June 2020: Restockers keep heat on quality weaners
Weekly rainfall wrap + rain outlook, 3 June 2020
A trough brought moderate rainfall to the Kimberley in Western Australia, while cold fronts brought widespread moderate falls to the South West Land Division in Western Australia and the country’s southeast.
Source: Sheep Central
Weekly rainfall wrap + rain outlook, 3 June 2020
Weekly rainfall wrap + rain outlook, 3 June 2020
A trough brought moderate rainfall to the Kimberley in Western Australia, while cold fronts brought widespread moderate falls to the South West Land Division in Western Australia and the country’s southeast.
Source: Beef Central
Weekly rainfall wrap + rain outlook, 3 June 2020
First case of Hendra virus for 2020 confirmed in northern New South Wales
The New South Wales Department of Primary Industries confirms the first case of Hendra virus in Australia for 2020 has been found in a horse on a property in northern New South Wales.
Source: ABC Livestock
First case of Hendra virus for 2020 confirmed in northern New South Wales
Exotic tick-borne disease detected in dogs for the first time in Australia
An exotic tick-borne disease, never seen before in Australian canines, has been found in a small number of sick dogs tested in Western Australia’s far north Kimberley.
Source: ABC Livestock
Exotic tick-borne disease detected in dogs for the first time in Australia
Thousands of cattle hit outback for 700km journey
It takes just 15 dogs, a handful of horses and three drovers to steer more than 2,000 cattle along the dusty stock routes of western Queensland. The three-month journey aims to save valuable pasture on graziers’ properties.
Source: ABC Livestock
Thousands of cattle hit outback for 700km journey
Time to find the best science for measuring methane: Cattle Council
Cattle Council of Australia (CCA) is calling for a full scientific assessment of modeling used to calculate the impact of beef on climate change and the alternative Global Warming Potential (GWP) model.
Source: Beef Central
Time to find the best science for measuring methane: Cattle Council
XE Market Analysis: Asia – Jun 02, 2020
The Dollar index hit new near two-month low of 97.43 into the N.Y. open, down from overnight highs of 97.91. Tuesday marked the sixth-consecutive lower daily low. After starting the session on a weaker footing, the USD made up some ground through the morning. EUR-USD printed trend highs of 1.1195, after opening at 1.1155. USD-JPY bucked the trend, braking out of its recent trading range, topping at 108.77, after opening near 107.90. USD-CAD fell to trend lows of 1.3482, while Cable hit a one-month high of 1.2576. Wednesday’s U.S.
Source: XE news feed
XE Market Analysis: Asia – Jun 02, 2020
More than 50,000 live export sheep set to sail on coronavirus ship to remain in Australia
More than 50,000 sheep left stranded after a coronavirus outbreak on board the Al Kuwait live export ship will remain in Australia after an exemption to the summer live export ban is denied.
Source: ABC Livestock
More than 50,000 live export sheep set to sail on coronavirus ship to remain in Australia
XE Market Analysis: North America – Jun 02, 2020
The dollar has remained soft with risk sentiment in global markets holding up. The narrow trade-weighted edged out a new low, at 97.43, which is the lowest level seen since March 16th. EUR-USD has remained buoyant, but has remained below yesterday’s 11-week high at 1.1188. USD-JPY remained in a narrow range in the mid-to-upper reaches of the 107.00s, which has been the case for about two weeks now.
Source: XE news feed
XE Market Analysis: North America – Jun 02, 2020
XE Market Analysis: Europe – Jun 02, 2020
The dollar has remained soft with risk sentiment in global markets holding up, albeit with a weakening grip. Wall Street finished with modest gains yesterday, while S&P 500 futures are moderately in the negative, and while Asian markets and European index futures have gained, they are up by only a limited extent. U.S.
Source: XE news feed
XE Market Analysis: Europe – Jun 02, 2020
Historic release of milk prices draws mixed response from dairy farmers
Milk processors published their opening prices for the new season yesterday for the first time, as required by the industry’s new code of conduct.
Source: ABC Livestock
Historic release of milk prices draws mixed response from dairy farmers
Class action a staggering result from a legal point of view
Today’s Federal Court outcome is “a staggering result” from a legal perspective, says McCullough Robertson Special Counsel Trent Thorne.
Source: Beef Central
Class action a staggering result from a legal point of view
US demand helping underpin otherwise flat export scene
Higher demand and prices for imported beef in the US is one of the few highlights in otherwise flat global beef trade, as the Australian export beef industry heads into June.
Source: Beef Central
US demand helping underpin otherwise flat export scene
Beef Central’s beef quiz – May 2020
Test your beef industry knowledge with Beef Central’s May 2020 quiz
Source: Beef Central
Beef Central’s beef quiz – May 2020
Reactions to Federal Court livex decision
Reactions to this morning’s Federal Court ruling from industry and animal rights groups.
Source: Beef Central
Reactions to Federal Court livex decision
Live export class action: Read the Federal Court judge’s full summary here
The following summary has been prepared to accompany the orders made today by the Federal Court in the live export class action – Brett Cattle Co Pty Ltd v Minister for Agriculture
Source: Beef Central
Live export class action: Read the Federal Court judge’s full summary here
Summit Fertilizers, DataFarming ink deal for WA
DataFarming NDVI images are now available through Summit Fertilizer’s platform to allow its WA clients to better monitor their soils, crops and pastures.
Source: Grain Central
Summit Fertilizers, DataFarming ink deal for WA
Federal Court rules 2011 livex ban invalid, condemns Ludwig decision
The June 2011 Labor Governmen’s ban on live exports to Indonesia has been ruled invalid in a decision handed down by Justice Stephen Rares this morning.
Source: Beef Central
Federal Court rules 2011 livex ban invalid, condemns Ludwig decision
Commonwealth acted unlawfully in shutting down live export trade: Federal Court
The Federal Court sides with class-action litigants, agreeing the Commonwealth acted unlawfully when it banned live exports in 2011.
Source: ABC Livestock
Commonwealth acted unlawfully in shutting down live export trade: Federal Court
MLA’s cattle and sheep market indicators back in action
Meat & Livestock Australia’s full suite of cattle and sheep market indicators will return from tomorrow, 3 June, after being suspended since March due to COVID-19 disruptions to market reporting.
Source: Beef Central
MLA’s cattle and sheep market indicators back in action
MLA mid-year projections: Lamb production to fall as restocker demand lifts
A recovery in the national flock is underway, with sheep producers in key regions now in a position to consider increasing flock numbers, buoyed by improved seasonal conditions, according to Meat & Livestock Australia’s 2020 Sheep Industry Projections June update.
Source: Sheep Central
MLA mid-year projections: Lamb production to fall as restocker demand lifts
MLA winter lamb campaign: Sharing lamb through ‘secret recipes’
SINCE the outbreak of COVID-19 and current social distancing restrictions, Australians are feeling more isolated than ever before. In response, Meat & Livestock Australia’s upcoming winter lamb campaign is set…
Source: Sheep Central
MLA winter lamb campaign: Sharing lamb through ‘secret recipes’
Capturing the crop: Meet the fast-paced farmer and his home-made drone
At speeds of up to 150 kilometres per hour, Heath Whibley darts around farm machinery and sprints across paddocks in effortless style.
Source: ABC Grain
Capturing the crop: Meet the fast-paced farmer and his home-made drone
Federal Court to make key ruling in landmark live cattle export class action
Cattle producers will today learn whether the Commonwealth’s decision to ban the live export trade to Indonesia in 2011 was unlawful.
Source: ABC Livestock
Federal Court to make key ruling in landmark live cattle export class action
XE Market Analysis: Asia – Jun 01, 2020
The DXY fell to 12-week lows of 97.86 in London on Monday, later rallying back to 98.23 into the N.Y. open. Safe-haven USD buying was noted from the lows, following China’s announcement it would cut back on agriculture imports from the U.S. Since then, the USD saw some of those flows reverse out of the Greenback as stocks mounted a modest recovery. EUR-USD remained under the trend high of 1.1153 seen in London, while USD-JPY remained range bound between 107.40-80. Cable meanwhile, rallied to near one-month highs of 1.2475.
Source: XE news feed
XE Market Analysis: Asia – Jun 01, 2020
XE Market Analysis: North America – Jun 01, 2020
The dollar and yen reversed course and picked up safe haven demand after China upper the ante in its game of risk with the U.S. by withdrawing purchases for some American farm products, according to a Bloomberg report. The likes of EUR-USD, Cable and AUD-USD consequently turned lower. EUR-USD ebbed back to near the 1.1100 mark, after earlier printing a high at 1.1153, which is the highest level seen since March 17th. The yen, like the dollar, also saw a seen a weakening-then-strengthening price action. There had initially been relief in markets that U.S.
Source: XE news feed
XE Market Analysis: North America – Jun 01, 2020
XE Market Analysis: Europe – Jun 01, 2020
Both the dollar and yen weakened against a backdrop of rallying stock markets in the Asia-Pacific region. There was relief in markets that U.S. President Trump left the trade deal with China intact as he outlined on Friday measures against China following its ratification of the controversial Hong Kong security law. Ongoing social and economic reopening among the world’s biggest economies, meanwhile, have also been tonic for markets, offsetting concerns about the spate of rioting in many U.S. cities and hostility in U.S.-China relations.
Source: XE news feed
XE Market Analysis: Europe – Jun 01, 2020
Aussie farmers have low levels of ag support compared to rest of world
Australian farmers are among the least subsidised in the world, according to analysis by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
Source: Beef Central
Aussie farmers have low levels of ag support compared to rest of world
Parthenium under control at 15 sites in NSW
The NSW Department of Primary Industries (DPI) has praised the actions of landholders and council weeds officers in detecting parthenium weed with the latest finds in Tamworth, Bendemeer, Blandford, Boggabri, the Kamilaroi Highway and Gunningbland near Parkes.
Source: Beef Central
Parthenium under control at 15 sites in NSW
The last gift of a young country champion
As a young cattleman and junior sporting champion, Jack Cameron was in a league of his own.
Source: Beef Central
The last gift of a young country champion
Milk prices revealed in first test of mandatory dairy code of conduct
Dairy farmers are told the price they will receive from milk processors under a new regime that outlaws retrospective price cuts.
Source: ABC Livestock
Milk prices revealed in first test of mandatory dairy code of conduct
Recruitment: Beyond COVID-19 – Will there continue to be a shortfall of skills in agriculture?
Many sectors of agriculture have operated for several decades under a market where demand for a wide range of skills has exceeded supply. But what implications can we expect due to the rise in national unemployment attributed to coronavirus?
Source: Sheep Central
Recruitment: Beyond COVID-19 – Will there continue to be a shortfall of skills in agriculture?
A virtual cook-up with Sam Burke – this Thursday
LOOKING for some inspiration for how to cook up the perfect beef storm in the kitchen? You will never get a better chance to learn from one of the best business than through a Zoom event being hosted by the Young Agribusiness Rural Network this Thursday night.
Source: Beef Central
A virtual cook-up with Sam Burke – this Thursday
Grain Central’s May 2020 grain and cropping news quiz
Keep up to date with Australian cropping industry developments with Grain Central’s monthly quiz.
Source: Grain Central
Grain Central’s May 2020 grain and cropping news quiz
Agricultural land prices to defy COVID-19 economic downturn, says report
Australian agricultural land prices are expected to hold firm through 2020, defying the effects of a severe COVID-19-led global recession, according to a new report compiled by Rabobank.
Source: Beef Central
Agricultural land prices to defy COVID-19 economic downturn, says report
Recruitment: Beyond COVID-19 – Will there continue to be a shortfall of skills in agriculture?
What implications can we expect due to the rise in national unemployment attributed to coronavirus?
Source: Grain Central
Recruitment: Beyond COVID-19 – Will there continue to be a shortfall of skills in agriculture?
'A little bit scary': Stitching up a gravely ill python
In an unusual request for a small-town vet, this sick snake needed stitching up after suffering a huge cut to its body.
Source: ABC Livestock
‘A little bit scary’: Stitching up a gravely ill python
Outback graziers facing drought, one year after devastating floods
Large numbers of cattle are being moved out of north-west Queensland, as drought sets in a year after floods wreaked havoc on the region.
Source: ABC Livestock
Outback graziers facing drought, one year after devastating floods
Dogs more vulnerable to snakebite than cats, research finds
Fast blood clotting in dogs and their propensity to go sniffing through the scrub leaves them more at risk of succumbing to snake bite than other household pets, new research finds.
Source: ABC Livestock
Dogs more vulnerable to snakebite than cats, research finds
Rise in most stock category values in larger AuctionsPlus offering
Cattle numbers were up 10pc on AuctionsPlus this week with a total of offering of 21,083 head, while clearance rates eased from the highs experienced last week to sit at 84pc. The majority of stock categories rose in value with the biggest increases being PTIC cows which averaged $2157, up $293.
Source: Beef Central
Rise in most stock category values in larger AuctionsPlus offering
Parasite research project targets new treatments for nematodes
Sheep dung could hold the key to developing the next generation of antiparasitic treatments that could protect Australian livestock and save the industry millions of dollars a year.
Source: Sheep Central
Parasite research project targets new treatments for nematodes
Agricultural show goes virtual in a radio first for locked-down communities
A radio station has hosted the first virtual agricultural show on air for communities whose local events were cancelled.
Source: ABC Livestock
Agricultural show goes virtual in a radio first for locked-down communities
Australian cheese lovers save regional businesses by ordering online 'rescue boxes'
Bushfires and COVID-19 restrictions cripple regional cheese businesses reliant on tourism.
Source: ABC Livestock
Australian cheese lovers save regional businesses by ordering online ‘rescue boxes’
XE Market Analysis: Asia – May 29, 2020
After falling to two-plus month lows of 97.95 overnight, the DXY recovered to 98.50 through the N.Y. session on Friday. It appeared that broad week and month-end buying was the main driver. For the data, the goods trade deficit widened, while personal income soared 10.5%, on government transfers (PPP). PCE plunged 12.6%, while Chicago PMI and Michigan sentiment dipped lower as well. As has been the case since the pandemic, though was little market reaction to the numbers. EUR-USD fell from two-month highs of 1.1145 after the open, later basing at 1.1081.
Source: XE news feed
XE Market Analysis: Asia – May 29, 2020
XE Market Analysis: North America – May 29, 2020
The yen has strengthened amid a sputtering price action in global equity markets, while the dollar, despite this backdrop, underperformed, including against commodity currencies. USD-JPY fell nearly 0.5% in posting an 11-day low at 107.08. EUR-JPY ebbed by about 0.3%, retracing around a half of yesterday’s rally in making a low at 118.18, which had produced a two-month high at 119.42. AUD-JPY also traded softer, though remained shy of its low from yesterday.
Source: XE news feed
XE Market Analysis: North America – May 29, 2020
XE Market Analysis: Europe – May 29, 2020
The yen has strengthened as risk-off sentiment took a grip, while the dollar, despite this backdrop, underperformed. USD-JPY fell nearly 0.5% in posting an 11-day low at 107.08. EUR-JPY ebbed by about 0.3%, retracing around a half of yesterday’s rally in making a low at 118.18, which had produced a two-month high at 119.42. AUD-JPY also traded softer, though remained shy of its low from yesterday.
Source: XE news feed
XE Market Analysis: Europe – May 29, 2020
Entries open for Beef 2021’s National Beef Carcase Competition + VIDEO
THE National Beef Carcase Competition attached to next May’s Beef 2021 event in Rockhampton is now officially open for business, and accepting nominations from across Australia.
Source: Beef Central
Entries open for Beef 2021’s National Beef Carcase Competition + VIDEO
Stringent protocols key to limiting livex ship COVID-19 outbreaks
Scrutiny of procotols governing COVID-19 outbreaks on livestock export vessels continues as a cluster of positive test results from a cattle and sheep carrier docked in Fremantle grows to nine.
Source: Beef Central
Stringent protocols key to limiting livex ship COVID-19 outbreaks
AuctionsPlus online wool sales increase
ONLINE wool purchases increased on AuctionsPlus over the past week, possibly because of the lower industry-wide offerings.
Source: Sheep Central
AuctionsPlus online wool sales increase
Some highlights in slow week for forward wool marketing
IT was a slow week for wool forward market trading volumes, although there were a couple of highlights in this time when commodity markets generally struggle to find good news.
Source: Sheep Central
Some highlights in slow week for forward wool marketing
Wool prices improve slightly as limited demand meets lower supplies
AUSTRALIAN wool prices recovered slightly this week, with improvement in Merino and crossbred values, as the limited supplies matched current demand.
Source: Sheep Central
Wool prices improve slightly as limited demand meets lower supplies
Global beef production outlook revised downwards
As parts of the world cautiously ease out of lockdown and reassess COVID-19’s impact on the beef sector, Rabobank’s latest quarterly beef forecast has revised down its global beef production outlook, and forecasts slowing demand in a declining economy.
Source: Beef Central
Global beef production outlook revised downwards
Why flour is still missing from supermarket shelves
Why are there flour shortages from Europe to the United States and Australia? The answer is both simple and complex.
Source: Grain Central
Why flour is still missing from supermarket shelves
Regulation, restrictions threaten development of ag chemicals
Agricultural chemical production is facing increasing public scrutiny and heightened regulation that are stifling the production of new and innovative herbicides and pesticides.
Source: Grain Central
Regulation, restrictions threaten development of ag chemicals
African swine fever vaccine a step closer
Scientists in the United Kingdom believe they’re a step closer to finding a vaccine for the deadly pig disease African swine fever.
Source: ABC Livestock
African swine fever vaccine a step closer
Recruitment: Beyond COVID-19 – Will there continue to be a shortfall of skills in agriculture?
Many sectors of agriculture have operated for several decades under a market where demand for a wide range of skills has exceeded supply. But what implications can we expect due to the rise in national unemployment attributed to coronavirus?
Source: Beef Central
Recruitment: Beyond COVID-19 – Will there continue to be a shortfall of skills in agriculture?
Australian farmers among the least subsidised in the world: How 'creeping global protectionism' is biting
Australian farmers are among the least subsidised in the world, but the coronavirus is pushing countries to adopt more agricultural protectionism.
Source: ABC Livestock
Australian farmers among the least subsidised in the world: How ‘creeping global protectionism’ is biting
Changes to streamline National Vendor Declaration system
A suite of changes to the National Vendor Declaration are being released this year, providing an easier, more efficient and cost-effective system for producers and supply chain stakeholders to interact with Australia’s red meat integrity system.
Source: Beef Central
Changes to streamline National Vendor Declaration system
Sheep lice product concerns over proposed Elanco-Bayer deal
AUSTRALIA’S competition regulator is seeking market feedback on the sheep lice and pet worm control product implications of Elanco’s proposed acquisition of Bayer’s animal health business. Elanco has entered into…
Source: Sheep Central
Sheep lice product concerns over proposed Elanco-Bayer deal
'Consumers would be shocked': New food label identifies goods produced without killing wildlife
Thousands of Australian native animals can be killed in the production of wine, rice, grains, fruits and vegetables, and a new certification label aims to identify products that are wildlife friendly.
Source: ABC Grain
‘Consumers would be shocked’: New food label identifies goods produced without killing wildlife
'Rivers of green' manure in New Zealand waterways scared Australian farmers into action
‘Rivers of green’ cow poo make New Zealand’s water unsafe to swim in, Australian farmers are heeding the lessons.
Source: ABC Livestock
‘Rivers of green’ manure in New Zealand waterways scared Australian farmers into action
Closures, cyclones, crazy names and coronavirus drama — can you crush this week's news quiz?
Will you power through this week’s quiz like a cyclone, or will it confuse you as much as Elon Musk and Grimes’ baby’s name?
Source: ABC Livestock
Closures, cyclones, crazy names and coronavirus drama — can you crush this week’s news quiz?
Pork products worth millions stranded at wholesalers waiting for restaurants to reopen
Restaurant closures have put a freeze on 13 per cent of all Australian pork, estimated to be sitting in freezers across the country with no restaurant to call home.
Source: ABC Livestock
Pork products worth millions stranded at wholesalers waiting for restaurants to reopen
'Enough to dampen the dust — if that': WA farmers face driest conditions in 40 years
WA farmers are facing one of the worst droughts in living memory, and it looks as if there’ll be more to come. With some having gone several years with virtually no rain, the future is looking tough.
Source: ABC Livestock
‘Enough to dampen the dust — if that’: WA farmers face driest conditions in 40 years
XE Market Analysis: Asia – May 28, 2020
The Dollar fell for the third straight session, leaving the DXY at two-month lows of 98.37, down from 99.97 highs seen on Monday. An improving outlook for reopening the economy amid general risk-on conditions, has continued to see safe-haven USD positions unwind. Wall Street was higher, with Treasury yields a bit lower on the back of U.S./China tensions. Incoming data was horrible, though largely in-line with expectations, with the modest drop in jobless claims appearing to help equity market sentiment. EUR-USD ran up to two-month highs of 1.1090 from opening lows of 1.1010.
Source: XE news feed
XE Market Analysis: Asia – May 28, 2020
WA farmers and RSPCA face off over live sheep export exemption
WESTERN Australian farmers and the RSPCA today faced off over a proposed export exemption for a shipment of sheep delayed by a COVID-19 outbreak on a vessel docked in Fremantle.…
Source: Sheep Central
WA farmers and RSPCA face off over live sheep export exemption
XE Market Analysis: North America – May 28, 2020
The dollar and yen have remained weak, albeit in the context of narrow ranges so far today. Global markets remain, overall, in risk-on mood, though geopolitical tensions about the Hong Kong issue saw the Hang Seng and main Chinese stock indices decline. China’s parliament did the expected and ratified the Hong Kong security law, and putting China and the U.S., and more broadly the West, on a collision course. The Nikkei 225 has been the star performer in the equity world, closing up 2.3% at its best level since February 27th, breaking above its 200-day moving average on route.
Source: XE news feed
XE Market Analysis: North America – May 28, 2020
Coronavirus outbreak on Fremantle live export ship doubles in size as more crew test positive
Six new cases of COVID-19 are confirmed among crew members of the Al Kuwait livestock carrier under quarantine in Fremantle Port.
Source: ABC Livestock
Coronavirus outbreak on Fremantle live export ship doubles in size as more crew test positive
XE Market Analysis: Europe – May 28, 2020
The dollar and yen have remained weak, albeit in the context of narrow ranges so far today. Global markets remain, overall, in risk-on mood, though geopolitical tensions about the Hong Kong issue have seen the Hang Seng and main Chinese stock indices decline. The Nikkei 225 closed up 2.3% at its best level since February 27th, breaking above its 200-day moving average on route. The index is now up Up 34% from the lows in March.
Source: XE news feed
XE Market Analysis: Europe – May 28, 2020
TFI takes 50pc stake in Victorian processor, Frew Group
South Australian-based meat processor Thomas Foods International has bought a 50pc stake in Victoria smallstock operator Frew Group. The two family-owned businesses said today they will join forces under a new corporate structure from 1 July, to grow national and global markets for high quality Australian meat.
Source: Beef Central
TFI takes 50pc stake in Victorian processor, Frew Group
Thomas Foods International buys 50pc stake in Frew Group
SOUTH Australian-based meat processor Thomas Foods International has bought a 50 percent stake in Victoria smallstock operator Frew Group.
Source: Sheep Central
Thomas Foods International buys 50pc stake in Frew Group
Honda joins Polaris and Yamaha in withdrawing from Australian quad market
Honda has become the latest manufacturer to announce it will withdraw from the Australian quad bike market on October 10 next year, claiming it can’t meet the new standards applied by the Australian Government.
Source: Beef Central
Honda joins Polaris and Yamaha in withdrawing from Australian quad market
Honda latest to withdraw from Australian quad market
Honda has become the latest manufacturer to announce it will withdraw from the Australian quad bike market on October 10 next year, claiming it can’t meet the new standards applied by the Australian Government.
Source: Grain Central
Honda latest to withdraw from Australian quad market
Dalby sale 28 May 2020: Export demand eases with processor absence
A Victorian export processor was present however one major exporter was absent from the buying panel. Feeder and restocker buyers continued to provide very strong competition across all classes of yearling steers and heifers.
Source: Beef Central
Dalby sale 28 May 2020: Export demand eases with processor absence
Processing plant closures expand around the world due to COVID-19
Cold, close-quarters working conditions have been blamed for COVID-19 clusters in meat processing establishments in a dozen countries around the world.
Source: Beef Central
Processing plant closures expand around the world due to COVID-19
Drought prompts $5.6 billion FMD drawdown to supplement cash flow
The national balance held in Farm Management Deposits (FMDs) was drawn down to $5.6 billion in March 2020, with a significantly higher rate of withdrawals in drought impacted states.
Source: Grain Central
Drought prompts .6 billion FMD drawdown to supplement cash flow
Seasonal climate outlook June-August 2020
Winter is likely to be wetter than average for most of Australia, according to the Bureau of Meteorology’s seasonal climate outlook released this morning.
Source: Sheep Central
Seasonal climate outlook June-August 2020
Seasonal climate outlook June-August 2020
Winter is likely to be wetter than average for most of Australia, according to the Bureau of Meteorology’s seasonal climate outlook released this morning.
Source: Beef Central
Seasonal climate outlook June-August 2020
