Administrators hopeful of Kimberley Meat Co processing plant sale

Administrators managing the disposal of the distressed Kimberley Meat Co beef processing and pastoral assets in Western Australia’s far north are hopeful of completing a sale – possibly within weeks. Beef Central understands that at least one serious bid has been made – possible for the processing plant alone, not including the Yeeda pastoral assets ..Read More

Beef Central, 09/07/2024

Toyota discontinues V8 Landcruiser, in preference of four cylinder diesel variant

Toyota is bidding farewell to the V8 enging that has powered the LandCruiser 70 Series since 2007 while announcing the introduction of a five-speed manual gearbox for most four-cylinder variants…Read More

Beef Central, 09/07/2024

ICMJ: Students urged to get behind value-based marketing challenge

Students attending the Intercollegiate Meat Judging annual conference in Wagga have been encouraged to consider focusing their careers on the challenge of helping to make value-based pricing in Australian livestock markets a reality…Read More

James Nason, 08/07/2024

Kay’s Cuts: US beef industry battles new USDA ‘fair and competitive’ markets rule  

The US beef industry’s two largest trade associations have strongly criticised the USDA’s latest proposed Packers and Stockyards rule, which is called Fair and Competitive Livestock and Poultry Markets rule. What’s it all about?..Read More

Beef Central, 08/07/2024

Texans take top honours at Australian National Meat Judging Competition in Wagga Wagga

A team from Clarendon College from Texas in the USA has won the 2024 ICMJ National Championship with the University of Queensland coming in second place for the third year in a row…Read More

Beef Central, 08/07/2024

McDonald’s US pulls plant-based burger option from its menu

A lack of consumer interest was given as the reason behind burger giant, McDonald’s decision to drop plant based burger patties in the company’s vast US restaurant network…Read More

Beef Central, 08/07/2024

Best-ever speaker lineup for lotfeeding industry’s upcoming BeefEx 2024 conference

Lotfeeders and grainfed industry stakeholders can expect an impressive lineup of international and domestic speakers at the Australian feedlot industry’s biennial BeefEx 2024 conference coming up in October. The Australian..Read More

Beef Central, 08/07/2024

Qld mayors confident $400m in beef roads funding is on track

A group of Queensland councils advocating for the upgrade of a series of important livestock transport roads say they are confident $400m promised from the Federal Government will come through as scheduled…Read More

Eric Barker, 08/07/2024



Industry Dashboard

Carbon Trading Market

Aust. Carbon Credit Units (ACCUs) - $/tonne of CO2 equiv.

Today

33.5
Source: Jarden

$A / $US

Updated 7am daily

Today

0.6749
Source: NAB

ASX Market Index

09 Jul 2024 (updated 10am daily)
Company Price Trending
Elders $8.96
Australian Agricultural Co $1.52
Graincorp $7.29
Ridley $2.12
Woolworths $36.64
Wellard $0.06
Source: ASX

Beef Kill

Eastern States, weekly

Last Week

143705
Source: MLA's NLRS

EYCI

Eastern Young Cattle Indicator, c/kg

Today

605.7
Source: MLA's NLRS

90CL Cow

Imported 90CL cow beef price. Landed US, Ac/kg CIF

Today

915
Source: Steiner Consulting, MLA

Live Export

Live export feeder steer prices ex Darwin (c/kg liveweight)

Today

300
Source: Trade contacts

SOI

Southern Oscillation Index (SOI)

Today

-3.90
Source: Australian Bureau of Meteorology

Feeder Steer

NLRS-reported yards (feedlot buyers only); 0-600kg, 0-2T, c/kg LW

Today

322.6
Source: Feeder Steer

Optimise herd health, production, and fertility. Save substantial time and money.

Click here to learn more

What readers are saying

CSIRO report highlights how “cargo cult science” is misrepresenting livestock

Consensus often comes down to the use of reductionist approaches which focus on specific agenda-driven details but fail to see the big picture impact. The whole ruminant/GHG debate is....

James Capon
More
CA urged to go “toe-to-toe” with environmental groups on deforestation

Well said David. I well and truly share your frustration. Enough is enough. Being dictated to by ignorant extremists often funded by our tax dollars via weak governments simply....

Ian McCamley
More
CA urged to go “toe-to-toe” with environmental groups on deforestation

The original event which led to this process was what is referred to as the ‘Rockhampton Round Table’, the event was first proposed by members of the AgForce Cattle....

David Hill
More
Denmark to bring in $144.5/head methane tax

The first thing which jumps out in this artificial green religious crusade is that as usual, as always happens, as the powerful always do, the attack is directed at....

Peter Dunn
More

News

Toyota discontinues V8 Landcruiser, in preference of four cylinder diesel variant

Toyota is bidding farewell to the V8 enging that has powered the LandCruiser 70 Series since 2007 while announcing the introduction of a five-speed manual gearbox for most four-cylinder variants…Read More

Beef Central, 09/07/2024

ICMJ: Students urged to get behind value-based marketing challenge

Students attending the Intercollegiate Meat Judging annual conference in Wagga have been encouraged to consider focusing their careers on the challenge of helping to make value-based pricing in Australian livestock markets a reality…Read More

James Nason, 08/07/2024

Kay’s Cuts: US beef industry battles new USDA ‘fair and competitive’ markets rule  

The US beef industry’s two largest trade associations have strongly criticised the USDA’s latest proposed Packers and Stockyards rule, which is called Fair and Competitive Livestock and Poultry Markets rule. What’s it all about?..Read More

Beef Central, 08/07/2024

Texans take top honours at Australian National Meat Judging Competition in Wagga Wagga

A team from Clarendon College from Texas in the USA has won the 2024 ICMJ National Championship with the University of Queensland coming in second place for the third year in a row…Read More

Beef Central, 08/07/2024

Markets

Wagga sale 8 July 2024: Prices rise with smaller yarding

The export market was the star performer, with strong prices achieved for bullocks and cows…Read More

Leann Dax, 08/07/2024

Online numbers back 26pc to 9236 head, pushing young cattle prices higher

AuctionsPlus commercial cattle numbers fell substantially again last week, decreasing by another 26pc to 9236 head offered. Just a fortnight earlier, the weekly commercial cattle listings were still close to 17,000 head. All five heifer categories and three steer divisions increased in c/kg value last week…Read More

Beef Central, 08/07/2024

Stability persists as EYCI edges back above 600c

Australia’s benchmark Eastern Young Cattle Indicator has continued its resilience for 2024, jumping back above 600c/kg carcase weight after dropping for two weeks…Read More

Eric Barker, 05/07/2024

Dalby sale 3 July 2024: Southern processors buy up cows

Better light weight yearling steers and heifers returning to the paddock improved in price by 10c to 18c/kg, however cows received the largest gains pushed on by the southern processors and averaged 30c to 40c/kg dearer…Read More

Trevor Hess, 04/07/2024

Sponsored Content

Aussie smart ear tag making inroads into major beef markets around the world

A smart ear tag, developed in Australia, has been making significant inroads into major beef markets around the world, including the United States, Brazil, the European Union, and the United Kingdom…Read More

Sponsored Content, 24/06/2024

Exciting opportunity to drive further growth of progressive breed society

Herefords Australia are currently recruiting for a new Chief Executive Officer (CEO) to lead a dedicated team of skilled staff and continue to drive business growth in collaboration with a young and progressive board of directors…Read More

Sponsored Content, 07/06/2024

Explainer: Soil carbon projects for mixed farming systems

Select Carbon provides an overview of production focused, science-based soil carbon projects for mixed farming systems in Australia. ..Read More

Sponsored Content, 03/06/2024

44,000ha best-in-class grassfed beef operation in Paraguay comes to the market

An unprecedented land and beef production investment opportunity is available in the ‘best business climate in South America in 2024’ – Paraguay. The 44,000ha, institutional-scale acquisition of 54,000 head of high value, grassfed brand-renowned Brangus cattle in the Chaco region of Paraguay is for sale for circa US$90 million, through Brown&Co…Read More

Beef Central, 06/05/2024

Production

Considerations when managing northern breeder herds in the dry season

Northern Australian beef producers employing year-round mating are encouraged to consider these breeder herd management strategies as the dry season approaches…Read More

Beef Central, 05/07/2024

On-farm innovation: Feral pig baiting without risking other species

A device designed to safely deliver 1080 or sodium nitrate baits to feral pigs without endangering other animals attracted strong landholder interest at Queensland’s FarmFest field days last month…Read More

Beef Central, 04/07/2024

AFIA launches hay supply platform; calling for recognition of fodder as a national resilience tool

The Australian Fodder Industry Association has launched a page on its website, listing available sources of fodder, in response to inquiries from livestock producers experiencing dry conditions who are concerned about securing fodder supply…Read More

Beef Central, 04/07/2024

Testing results show unexpected low pregnancy rates in the north

Preg testing results in many regions through Queensland recently have that pregnancy rates are down by about 10–20pc despite the weight and condition of heifers and cows being quite good during mating. Well-known northern industry researcher Dr Geoffory analyses why…Read More

Dr Geoffory Fordyce, 03/07/2024

Processing

Administrators hopeful of Kimberley Meat Co processing plant sale

Administrators managing the disposal of the distressed Kimberley Meat Co beef processing and pastoral assets in Western Australia’s far north are hopeful of completing a sale – possibly within weeks. Beef Central understands that at least one serious bid has been made – possible for the processing plant alone, not including the Yeeda pastoral assets ..Read More

Beef Central, 09/07/2024

Red meat R&D: New AI technology to support beef traceability

Currently, once a beef carcase is broken down beyond the fore and hindquarter stage, there are limited practical solutions to track and trace the smaller cuts through the processing plant. However a research partnership using an artificial intelligence solution may provide a solution…Read More

Beef Central, 03/07/2024

Weekly kill: Grids mostly steady, as mid-winter arrives

Apart from a few 10c/kg adjustments to line-up with local competitors’ offers, most direct consignment slaughter grids were unchanged across the eastern states this week…Read More

Jon Condon, 02/07/2024

Meat processors pick up renewable energy grants

TWO large red meat processors have picked up Federal Government grants as part of the Australian Renewable Energy Agency program to deploy novel renewable technologies. Awarded as part of ARENA’s..Read More

Beef Central, 02/07/2024

Lotfeeding

Best-ever speaker lineup for lotfeeding industry’s upcoming BeefEx 2024 conference

Lotfeeders and grainfed industry stakeholders can expect an impressive lineup of international and domestic speakers at the Australian feedlot industry’s biennial BeefEx 2024 conference coming up in October. The Australian..Read More

Beef Central, 08/07/2024

Feedgrain Focus: Nearby values firm despite patchy rain

Prices for feed wheat and barley have crept up this week because of limited rain disruptions in the northern market, and buoyant demand from sheep producers in the south…Read More

Liz Wells, 05/07/2024

Feedgrain Focus: Prices drop as south’s season gains ground

Winter cereal prices have dropped by up to $20/t in the past week in response to softer global markets, welcome rain in SA and Vic, and transfers out of warehousing…Read More

Liz Wells, 24/06/2024

Research working towards redefining how feedlot methane emissions are predicted

Recent research has shown that a 1979 vintage equation used to determine the levels of enteric methane emissions from feedlot cattle may overestimate the numbers…Read More

Beef Central, 18/06/2024

Live Export

Livestock groups raise concerns as live sheep ban passes Senate

Cattle industry groups have raised concern about the precedent set by the Senate last night giving a ban on live sheep exports the green light…Read More

Beef Central, 02/07/2024

Wellard to sell one of its two remaining livestock carriers

Publicly-listed livestock vessel charterer Wellard Limited has announced the sale of one of its last two remaining vessels…Read More

Beef Central, 02/07/2024

One Teal turns away from live sheep ban, while others go after live cattle exports

With the live sheep ban passing the house of representatives and heading for the senate, members of the crossbench have started the campaign against live cattle exports…Read More

Eric Barker, 27/06/2024

Live sheep export bill passes House of Representatives

Legislation to ban live sheep exports by seas on 1 May 2028 has passed the House of Representatives today, with the sheep industry now focused on getting a Senate inquiry into the trade phaseout and shoring up any crossbench support for the Senate vote tonight…Read More

Terry Sim, 26/06/2024

Trade

June beef exports continue 2024 surge, hitting 106,128t

AUSTRALIA’S June beef exports continued their recent surge, although volume was down a little on the extraordinary May shipments seen a month earlier. Last month saw beef shipments to all..Read More

Beef Central, 03/07/2024

Imported trimmings prices rise in the US, but discounts over US domestic beef remain near record high

There’s been a moderate improvement in imported manufacturing beef prices into the US over the past fortnight, however a near-record large discount still applies between imported and domestic US product…Read More

Beef Central, 24/06/2024

Stronger beef exports underpinning domestic wholesale market prices

Higher levels of beef export activity are helping insulate the domestic Australian wholesale beef market from winter price falls, contacts in the wholesale trade have told Beef Central this morning…Read More

Jon Condon, 19/06/2024

May beef exports hit highest monthly number since 2019

Growing international demand for Australian beef as US production slows, combined with higher rates of beef production in Australia have pushed May export volume to levels not seen since the 2019 period when drought herd liquidation was in full swing…Read More

Beef Central, 05/06/2024

Genetics

Weekly genetics review: Valuing EBV data – a grassroots perspective

Genetics and genetic improvement formed the basis of a number of sessions across the program during the recent Beef 2024 event in Rockhampton. The sessions, ranging from producer case studies to recent research and project results, offered anyone attending the event more than ample opportunity to listen and ask about the value and role genetic selection and methods have within northern or southern beef herds. ..Read More

Genetics editor Alastair Rayner, 02/07/2024

Beef breed popularity trends since 2016

Breed registration data and the recent Beef Producer Intentions Survey both provide some insight into the statistically most popular beef breeds across Australia. ..Read More

Genetics editor Alastair Rayner, 02/07/2024

Webinar: AA Co’s Poll Wagyu breeding project, from modelling to implementation

Breeding herds with an increasing proportion of polled animals is a topical subject in the Australian beef industry. In this upcoming Beef Connect webinar, AA Co’s Matt Kelly and James Copley will discuss breeding for polls in the company’s Wagyu herd, and its challenges, and the use of a ‘digital twin’ model to drive better decision-making..Read More

Beef Central, 01/07/2024

Former RMAC chief executive appointed new CEO of Herefords Australia

One of the nation’s most senior red meat industry leaders has been appointed to take over the role of chief executive officer at Herefords Australia Limited…Read More

Beef Central, 26/06/2024

Ag Tech

Artificial intelligence is being trained to monitor cattle

DAF and Infarm have collaborated to create a prototype automated camera system to detect cattle and monitor their condition using advances in machine vision and artificial intelligence.
..Read More

Beef Central, 03/06/2024

Study takes sky-high approach to animal welfare in WA

Researches learned that drones could be very effective and efficient, increase biosecurity, reduce work health and safety risks, and reduce stress to the animals…Read More

Guest Author, 12/04/2024

50pc rebates for smart farming tech available through $30 million On Farm Connectivity Program

Applications are open for Round 1 of the Albanese Government’s new On Farm Connectivity Program (OFCP) to increase the uptake of agtech to boost productivity, growth and sustainability of Australia’s primary producers…Read More

Beef Central, 11/12/2023

Sunshine Coast business wins Ag category award at Innovate with nbn 2023

A company helping butchers to monitor the cooking and cooling temperatures of all cooked/dried products was named as the Agriculture category winner of the 2023 Innovate with nbn Grants Program awards announced last night in Sydney…Read More

Beef Central, 27/11/2023

AgProperty Central

Weekly property review: How are buyers responding to listings with established renewables projects?

Investment in renewable energy is on the rise, but in a developing market, it is difficult to gauge how potential purchasers are responding to rural holdings listed with established projects in place. In this week’s property review, early sales evidence suggests these properties are attracting greater interest and, in some cases, are pushing up values…Read More

Property editor Linda Rowley, 03/07/2024

Kimberley’s Kalyeeda EOI to end 25 years for the Camp family

Offers above $30 million are likely for Western Kimberley region breeding and growing property Kalyeeda, being offered to the market after 25 years of ownership by Peter Camp and family…Read More

Beef Central, 26/06/2024

Weekly property review: Recently completed sales

Western Qld’s Cawnpore makes $18m | Blackall powerhouse makes $25.5m | Sought-after CQ bullock country makes $20m | Liverpool Plains country makes $17m+ | $6m for Western Downs grazing | $3.6m for Qld block offering water & grass..Read More

Property editor Linda Rowley, 26/06/2024

Movement at the station: Recent property listings

Scale in NSW’s New England | Historic Werris Creek property offers diversity | Ogilvie family lists two picturesque northern NSW holdings | $10m for a slice of Tamworth history | Qld’s Thomson River holding lists after 100 years..Read More

Property editor Linda Rowley, 26/06/2024

AgCarbon Central

CA addresses key questions about its deforestation definition

Cattle Australia has addressed some key questions about its definition of deforestation in the Australian context, highlighting how it is adapting international definitions of forest to Australian land management practices…Read More

Eric Barker, 28/06/2024

Denmark to bring in $144.5/head methane tax

Denmark has become the latest country to make plans for taxing livestock methane emissions – with the Government making a deal with its local dairy industry to implement a $144.5 (672 krone)/cow/year tax by 2030…Read More

Beef Central, 27/06/2024

Microsoft makes record breaking purchase of 8m carbon credits

Global tech giant Microsoft has made what is claimed to be the largest exchange of carbon credits ever, with a Brazilian investment bank saying it has agreed to a 19-year deal worth 8m carbon credits…Read More

Eric Barker, 21/06/2024

Weekly property review: Methods in establishing realistic stocking rates

In this week’s property review, buyers are being urged to put time into understanding what an asset can run in terms of livestock, to give them a clearer picture of potential value…Read More

Property editor Linda Rowley, 19/06/2024

Sheep Central

Strong support for Italian fabric maker’s wool contract

EXCLUSIVE Italian fabric maker Vitale Barberis Canonico has received strong support for its first ‘Traditional Wool to Italy’ contract for Australian growers of fine and superfine fine-crimped Merino fleece...Read More

Recruitment: The importance of career planning

CAREER planning is not just about finding a job when you leave university, it is a cyclical process that can be utilised at any time throughout your degree and professional..Read More

Finished heavy lamb supply drying up in the south

SOUTHERN livestock agents have highlighted the quickly reducing number of finished heavy lambs left in the system, RMA Network chief executive officer Chris Howie said in his latest industry wrap...Read More

Murray Watt’s Brazilian sheep meat export hope ‘a red herring’

MINISTER for Agriculture Murray Watt’s touting of Brazil re-opening to Australian sheep meat imports as demonstrating why the Albanese Government is banning live sheep exports has been described as a..Read More

Grain Central

Commodity Ag wheat cargo heralds new era for WA

Commodity Ag is loading its first cargo in Albany this week to herald a new era for grain exporting in WA...Read More

Nuffield study looks at best practice for managing MRLs

St George agronomist Tessa Dimond, has crisscrossed the globe to uncover insights critical for Australian grain growers to maintain their market access amid demanding international standards...Read More

Man dies in SA silo incident

A man died last week after becoming entrapped in a silo at Salt Creek in SA's South East, and the incident is now being investigated by SafeWork SA. ..Read More

Nutrien fertilisers presence at Kwinana assured to 2026

Nutrien Ag Solutions can remain at its Kwinana facility for a further two years after finalising an agreement with Fremantle Port Authority as the site owner...Read More

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