Wagga sale 20 May 2019: Cheaper prices subdue numbers

Cheaper prices last week kept a lid on cattle numbers with Wagga agents yarding a smaller offering of 2440. Falling quality across store categories meant prices varied widely…Read More

Leann Dax, May 21, 2019

Dry weather impacts Elders half-year profit and earnings

Drought conditions across large parts of eastern Australia have impacted Elders’ half-year results announced today, with statutory net profit down $14 million from the same period last year to $27.4 million…Read More

Beef Central, May 20, 2019

Australia votes for a red meat nation: RMAC

Meat and livestock industry representative bodies have welcomed the Federal Coalition’s election victory, with the Red Meat Advisory Council saying the result signals the importance of a policy agenda that is fundamental to Australia’s love of red meat…Read More

Beef Central, May 20, 2019

Coalition election win met with relief across livestock export trade

The Coalition Government’s federal election win has been met with relief, but not complacency, by supporters of Australia’s livestock export trade…Read More

Terry Sim, May 20, 2019

Demand allows feedlot growth to defy high input costs

ALFA president Bryce Camm told a Queensland Agricultural Merchants’ gathering that demand for custom-feeding places as well as for beef had helped to lift cattle-on-feed numbers to a new record…Read More

Liz Wells, May 20, 2019

Petition gives Australian grain industry voice against imports

Market impact and biosecurity threats have been singled out as reasons for the Australian grains industry to speak out against imports of grain which could follow the Canadian wheat being brought to Australia by The Manildra Group…Read More

Henry and Liz Wells, May 20, 2019

Johne’s Disease: What to expect when you’re detecting

With a positive detection for Johne’s disease (JD) on a New South Wales north coast cattle stud having been confirmed by NSW DPI, questions about what this means for properties with a confirmed clinical case of JD have been asked, particularly in relation to the relatively new framework for management of the disease…Read More

Beef Central, May 20, 2019



Industry Dashboard

$A / $US Graph

Updated 7am daily
Today
0.6920
Source: NAB

ASX Market Index

21 May 2019 (updated 10am daily)
Company Price Trending
Elders $6.55
Australian Agricultural Co $1.12
Graincorp $7.95
Ruralco $4.40
Ridley $1.34
Woolworths $34.82
Wellard $0.04
$
Source: ASX

Beef Kill

Eastern States, weekly

Last Week

144994
Source: MLA's NLRS

EYCI

Eastern Young Cattle Indicator, c/kg

Today

458.75
Source: MLA's NLRS

90CL Cow

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

Today

690.9
Source: Steiner Consulting, MLA

Live Export

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

Today

290
Source: Trade contacts

SOI Graph

Southern Oscillation Index (SOI)

Today

-1.3
Source: Australian Bureau of Meteorology

Feeder Steer Graph

Shortfed feeder steer 380-500kg - c/kg paddock sales, eastern states.

Today

299
Source: MLA's NLRS

What readers are saying

New Zealand to adopt mandatory pain relief for dehorning

Does anyone know if organic producers can use a product for pain relief and still maintain organic accreditation? Dalene, Simone or Alister - can any of you you provider some..

Paul Franks
More
Cattle Baron board game selling like hot cakes… an ideal Christmas present

Sounds interesting might have to get one. Are they still available? I have an original squatter game (all money and costings are in pounds not dollars......) Might even be..

Raymond dixon
More
Wagyu Edge conference: AA Co moves into Polled Wagyu

A lot of great points made about eating quality, consumer sentiment, sustainability, genetics and animal welfare - relevant to any breed really. From a strictly AACo perspective, a key..

Greg Campbell
More
Repeat offender farm invasion activists escape with $1300 and $1000 fines

Imagine the uproar if a group of 100 Farmers walked in to these peoples backyards on a Sunday morning and started taking photos of their garden and through their..

Mark Lake
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News

Dry weather impacts Elders half-year profit and earnings

Drought conditions across large parts of eastern Australia have impacted Elders’ half-year results announced today, with statutory net profit down $14 million from the same period last year to $27.4 million…Read More

Beef Central, May 20, 2019

Australia votes for a red meat nation: RMAC

Meat and livestock industry representative bodies have welcomed the Federal Coalition’s election victory, with the Red Meat Advisory Council saying the result signals the importance of a policy agenda that is fundamental to Australia’s love of red meat…Read More

Beef Central, May 20, 2019

Coalition election win met with relief across livestock export trade

The Coalition Government’s federal election win has been met with relief, but not complacency, by supporters of Australia’s livestock export trade…Read More

Terry Sim, May 20, 2019

Johne’s Disease: What to expect when you’re detecting

With a positive detection for Johne’s disease (JD) on a New South Wales north coast cattle stud having been confirmed by NSW DPI, questions about what this means for properties with a confirmed clinical case of JD have been asked, particularly in relation to the relatively new framework for management of the disease…Read More

Beef Central, May 20, 2019

Markets

Wagga sale 20 May 2019: Cheaper prices subdue numbers

Cheaper prices last week kept a lid on cattle numbers with Wagga agents yarding a smaller offering of 2440. Falling quality across store categories meant prices varied widely…Read More

Leann Dax, May 21, 2019

Dry Barkly conditions push more AA Co young cattle to market

Desperately dry conditions across the Northern Territory’s Barkly Tableland region saw the Australian Agricultural Co push another large line of young cattle from its Northern Territory properties to market late last week…Read More

Jon Condon, May 20, 2019

Young cattle prices ease in 11,285 head AuctionsPlus offering

Prices in most young cattle weight categories eased in AuctionsPlus trading this week, in line with saleyards trends. April was an all-time in-month record for turnover on AuctionsPlus for both sheep and cattle, with 244,000 sheep and lambs and more than 45,000 cattle listed.
..Read More

Beef Central, May 18, 2019

Goatmeat prices soar past $10/kg, as TFI leverages goatmeat exports off beef and lamb trade

Thomas Foods International has lifted its offer to goat producers to a record $10/kg for heavier carcase weight goats, as part of a value-adding initiative and strong demand for goatmeat in the US. The record price is an 80c/kg lift on TFI’s previous highest price of 920c/kg late last week, and up from 800-820c/kg before that…Read More

Terry Sim, May 17, 2019

Production

Wagyu Edge 2019: What’s driven 30 years of breed growth?

In 30 years the Wagyu breed has grown from a standing start to become a major player in the Australian beef industry.What has driven that growth?..Read More

James Nason, May 17, 2019

Wagyu Feed Calculator launched to boost marbling

A smartphone tool launched this week will take Australian Wagyu producers “to the next level” in maximising the marbling potential of their cattle, Australian Wagyu Association CEO Dr Matt McDonagh predicts…Read More

James Nason, May 16, 2019

New Zealand to adopt mandatory pain relief for dehorning

The New Zealand beef and dairy cattle industries will adopt mandatory pain relief in dehorning of young cattle from October this year. Changes to government legislation will prohibit the disbudding of calves without appropriate pain relief from October 1, leading to the approval this week of an analgesic product for use for the purpose…Read More

Beef Central, May 16, 2019

Beef achievers invited to nominate for NABRC Medals

Nominations are open for the 2019 North Australia Beef Research Council Medals, which recognise the achievements of those who have made a significant contribution to the northern Australia beef industry in the fields of production, research and development, and communication or extension…Read More

Beef Central, May 15, 2019

Processing

Two thirds of red meat processors hampered by labour issues

Almost two thirds of Australia’s red meat processors are prevented from running at capacity due to what AMIC calls a ‘Labour Deficit Epidemic’ in regional Australia. ..Read More

Jon Condon, May 14, 2019

Grid prices steady, as cattle flows persist heading towards June

While some southern direct consignment grid prices have risen over the past week as typical pre-winter seasonal supply issues emerge, over-the-hooks rates in Queensland have remained unchanged again this week, continuing a three-week trend…Read More

Jon Condon, May 14, 2019

Cootamundra abattoir back on the market

Diversified agribusiness investor the Manildra Group has launched a public expressions of interest campaign to sell its Cootamundra multi-species abattoir in the NSW Riverina region…Read More

Jon Condon, May 10, 2019

Weekly kill: ABS data reflects the extent of first quarter beef slaughter

Beef production in March reached its highest monthly level since 2015, statistics released by the ABS this morning show. The prolonged and lingering impact of drought across eastern Australia continues to be reflected in unusually high rates of kill, especially for cows. Adult cattle slaughtered across Australia during March was 12pc higher than the corresponding March kill a year earlier, ABS data shows…Read More

Jon Condon, May 7, 2019

Lotfeeding

Demand allows feedlot growth to defy high input costs

ALFA president Bryce Camm told a Queensland Agricultural Merchants’ gathering that demand for custom-feeding places as well as for beef had helped to lift cattle-on-feed numbers to a new record…Read More

Liz Wells, May 20, 2019

Petition gives Australian grain industry voice against imports

Market impact and biosecurity threats have been singled out as reasons for the Australian grains industry to speak out against imports of grain which could follow the Canadian wheat being brought to Australia by The Manildra Group…Read More

Henry and Liz Wells, May 20, 2019

Feedgrain Focus: New-crop prospects colour cash markets

Timely and widespread winter-crop planting across much of southeastern Australia has softened cash-market values this week, while talk of Chinese interest in sorghum has helped to boost its prices in the north. ..Read More

Henry and Liz WellsF, May 17, 2019

Cattle on feed hit record 1.145 million head as drought pressure continues

Cattle on feed across Australia hit a new record high of more than 1.145 million head in the March quarterly feedlot survey. The number is close to 120,000 head more than this time last year.
..Read More

Beef Central, May 16, 2019

Live Export

SE Asia Report: Major Indonesian feedlot operator closes its doors

The distressed state of the Indonesian feedlot industry was highlighted during April by the closure of one of the country’s largest importer/lotfeeders based in West Java. This company had two large feedlots capable of a total capacity of around 40,000 head and had been a successful operator for decades, writes Southeast Asia market columnist, Dr Ross Ainsworth…Read More

Dr Ross Ainsworth, May 10, 2019

Bahasa: Laporan Pasar: Industri Daging Sapi Asia Tenggara

Sebuah operator feedlot besar di Indonesia menutup bisnisnya secara permanen | Turunnya harga daging kerbau India di Indonesia meningkatkan persaingan terhadap daging sapi segar | Wabah African Swine Fever merebak di Vietnam dan Kamboja | Musim hujan di Northern Territory gagal
..Read More

Dr Ross Ainsworth, May 10, 2019

Dehumidification trial begins for livestock vessels

The first step in trialling dehumidification and other technology on livestock export vessels is underway, with environmental monitoring equipment being installed on a ship in Fremantle this week…Read More

Beef Central, May 7, 2019

ALEC and LiveCorp court merger

In a possible foreshadowing of broader red meat industry reform to come, two key live export industry bodies are preparing to merge into one…Read More

James Nason, April 30, 2019

Trade

‘Tremendous opportunities’ for Australian premium beef

It may come as a surprise given the amount of media attention given to the vegan movement in recent times, but global beef demand, rather than being in decline, is not only growing, but growing rapidly…Read More

James Nason, May 14, 2019

Is Australian and NZ beef out-competing domestic beef in the US market?

Due to seasonal factors Australian lean grinding beef is likely to trade at a discount to US domestic beef for 4-5 weeks during late May and early June, but for the rest of this year is likely to be at a premium over domestic US supplies, with the potential in October and November to reach an unprecedented US30c/lb, meat industry analyst Simon Quilty suggests in his latest report…Read More

Guest Author, May 13, 2019

China growth continues in Australia’s April beef exports

Beef exports in April softened a little off the extreme highs seen in March, but remain well ahead in year-on-year comparisons, as many eastern states beef producers facing feed and water shortages continue to reduce cattle numbers heading into winter…Read More

Jon Condon, May 8, 2019

New beef brands make debut in Brisbane’s branded beef competition

A number of significant new Australian red meat supply chains made their first foray into branded beef competition in Brisbane on Friday, among 50 entries competing in the 2019 Royal Queensland Food and Wine Show. Among them were the North Australian Pastoral Co and Harmony Agriculture.
..Read More

Jon Condon, May 7, 2019

Genetics

Culcairn field day will focus on unlocking the power of genomics

Unlocking the power within a beef herd through the use of genomic technologies will be the over-arching theme of a genetics field day being held near Culcairn NSW on 21 May. Guest speaker will be Dr Kent Andersen, director of genetics technical services with Zoetis in the US, who will discuss where the development of genomic testing in beef cattle is up to globally, and the benefits and learnings from how genomics has been applied in US beef breeds. ..Read More

Beef Central, May 15, 2019

Records smashed as buyers re-define the value of elite females in Wagyu genetics sale

Records fell like ten-pins during the 2019 Elite Wagyu National Sale held during the closing stages of the breed’s annual conference in Adelaide on Friday afternoon. Fullblood females peaked at a new national all-breeds female record price of $280,000, and went past $100,000 three times during the sale, while embryos sold to a new national record of $10,200/each…Read More

Jon Condon, May 13, 2019

Poll Wagyu breeding program making rapid progress

Driven by artificial breeding programs and carcase performance data collection on a massive scale, an ambitious Poll Wagyu breeding program involving an alliance of seedstock producers across three states is making rapid progress…Read More

Jon Condon, May 2, 2019

Weekly genetics review: Trends from a tough autumn bull sale season

With the bulk of Eastern Australia’s autumn bull selling season now drawing to a close, there are many bull breeders closely examining the results and trends to emerge, writes genetics editor Alastair Rayner. ..Read More

Genetics editor Alastair Rayner, April 30, 2019

Ag Tech

Agtech: Young farmer’s mission to simplify farm-management software

Returning home to his farming roots and Victorian family property, engineer turned entrepreneur Jock Lawrence is on a mission to simplify the farm management recording system. ..Read More

Beef Central, April 17, 2019

The hidden killer of profitability in cattle

In beef production systems the potentially severe effect of internal parasites has not been given the attention it deserves but technology is now giving producers the ability to see what has previously been invisible, writes veterinarian Dr Matt Playford…Read More

Dr Matt Playford, Dawbuts Animal Health, April 12, 2019

Farm2Fork event livestream

Tune in for the latest ag innovation and knowledge from today’s Rabobank Farm2Fork Summit in Sydney – covering the latest developments impacting the agribusiness space, major trends across key commodities and insights from industry experts on sustainability, waste and technology…Read More

Beef Central, March 28, 2019

Agtech: Automated refuelling station has safety, efficiency implications + VIDEO

A robotic, automated refuelling station developed for mining industry use could one day find applications in agriculture…Read More

Beef Central, March 26, 2019

Property

Weekly Property Review: Recent property sales wrap

Neighbour competition produces premium paid for Moura’s Wilga Vale | Western Qld market selling strongly | Corfield’s Thordale sells post auction | Crookwell’s Mt Henry North sells for $6400/ha | Epenarra withdrawal has knock on effects..Read More

Property editor Linda Rowley, May 17, 2019

Movement at the Station – recent property listing highlights

Former PM offloads Hunter Valley gem | Qld’s best beef country attracting strong interest | Mixed grazing opportunity in Central NSW | Grass and water on Richmond’s Windsor Park | Longreach’s Ban Ban listed for $5.1m | Sweet country for sale near Boulia | Scale, channel flood-out country on Roxborough | Boorowa bolt-on
..Read More

Property editor Linda Rowley, May 17, 2019

NT cattle stations make $20m, $58m in separate property deals

Two large Northern Territory grazing properties, Carmor Plains and Kalala, have transacted separately for around $20m and $58m recently, in an expression of the continued strength of the top end property market…Read More

Property editor Linda Rowley, May 16, 2019

Weekly property review: Border patrol stops the rain

While grazing property listings are thin across many parts of southern Australia due to the drought, buyer interest remains strong across NSW, Victoria and South Australian pastoral regions, property editor Linda Rowley found in this regional summary ..Read More

Guest Author, May 8, 2019

Sheep Central

Live sheep trade to continue reform after Coalition election win

THE Coalition Government’s federal election win has been met with relief, but not complacency, by supporters of Australia’s live sheep export trade...Read More.. Read More

Victoria and Tasmania lead AWEX National Wool Declaration uptake

ALMOST 70 percent of Australia’s wool growers are declaring the mulesing status of their wool and about 13pc of the national clip is coming from non-mulesed flocks...Read.. Read More

AuctionsPlus sheep and listings go higher as demand increases

MORE store sheep and lambs were offered on AuctionsPlus last week as confidence returned to sellers and buyers...Read More.. Read More

Stock watering place leases up for tender in NSW’s Western Division

STOCK watering place leases are being offered in New South Wales’ western division for the first time in several years...Read More.. Read More

Grain Central

Dry weather impacts Elders half-year profit and earnings

Drought conditions across large parts of eastern Australia have impacted Elders’ half-year results announced today, with statutory net profit down $14m from the same period last year to $27.4m...Read More

Queensland ag merchants meet in Toowoomba + PICS

The Queensland Agricultural Merchants (QAM) Association meeting yesterday not only heard from guest speaker Australian Lot Feeders Association president Bryce Camm, but also gave a fitting sendoff to now-retired.. Read More

Dalby’s Dalgrains goes into liquidation

Dalby-based company Dalgrains has gone into liquidation, ending months of speculation within the trade that the company has been in financial difficulty...Read More.. Read More

Ruralco diversification drives half-yearly growth, profit and dividend

Ruralco has attributed its three per cent growth and after tax of $16.6 million for the half year ended 31 March 2019 to its diversification strategy...Read More.. Read More

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