Weekly property review: Recently completed sales

Record grazing price in Victoria’s Western District | South Qld breeding and backgrounding country makes $450/ha | Versatile Liverpool Plains block set for expansion..Read More

Property editor Linda Rowley, March 3, 2021

Movement at the Station: Properties for sale

Discounted SA grazing land attracts strong interest | Two New England properties listed for $13m and $8.2m | Tightly held northern NSW country boasts scale | Infrastructure and pastures feature in Qld’s South Burnett | Affordable grazing in Southern Qld | Mary River West returns to the market
..Read More

Property editor Linda Rowley, March 3, 2021

Domestic wholesale market ‘awash’ with surplus export beef

Pressure is being applied to domestic Australian wholesale beef prices this week, as beef that was originally intended for export defaults back into the domestic trade. Many items, from barbecue cuts to trimmings, have fallen $3/kg in the past fortnight, as a domestic oversupply situation emerges…Read More

Jon Condon, March 3, 2021

White-hot calf sales in the mountains

The buyer fraternity held nothing back in their quest for cattle, dispatching good numbers to all the major cattle finishing districts in Victoria, South Australia and southern and northern NSW…Read More

Murray Arnel, March 3, 2021

$15m livex cost hike amid Ag Dept’s efficiency claims riles exporters

Further scrutiny of proposed cost hikes the Federal Department of Agriculture is planning to impose on livestock exporters has raised new questions about the justification for the scale of the charge increases…Read More

James Nason, March 3, 2021

COVID impacts will continue even after vaccination, ABARES told

Australia’s closed borders and restrictions on overseas worker, tourist and student visitors will mean its COVID-19 vaccine roll-out alone won’t be enough to return the nation to pre-COVID economic activity levels, the ABARES conference was told yesterday…Read More

Guest Author, March 3, 2021

Time running out to engage with ABSF’s sustainability survey

Beef producers have just days left to participate in the Australian Beef Sustainability Framework’s annual sustainability survey. Chair of the Sustainability Steering Group which drives the ABSF, Tess Herbert, said responses to this year’s survey had been particularly strong to this point, but there was still time for others to participate…Read More

Beef Central, March 3, 2021



Industry Dashboard

$A / $US Graph

Updated 7am daily
Today
0.7820
Source: NAB

ASX Market Index

04 Mar 2021 (updated 10am daily)
Company Price Trending
Elders $11.87
Australian Agricultural Co $1.15
Graincorp $4.31
Ridley $1.02
Woolworths $39.82
Wellard $0.06
Source: ASX

Beef Kill

Eastern States, weekly

Last Week

100875
Source: MLA's NLRS

EYCI

Eastern Young Cattle Indicator, c/kg

Today

861.25
Source: MLA's NLRS

90CL Cow

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

Today

645.6
Source: Steiner Consulting, MLA

Live Export

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

Today

430
Source: Trade contacts

SOI Graph

Southern Oscillation Index (SOI)

Today

10.48
Source: Australian Bureau of Meteorology

Feeder Steer Graph

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

Today

413.2
Source: MLA's NLRS

What readers are saying

Beef 2021 tickets go on sale Monday

I normally attend Beef together with friends from the Philippines. It is unfortunate I will miss out this time. Would like to inquire the schedule of the seminars and....

Martin Gomez
More
Weekly genetics review: Crossbreeding for profit

Alastair, it is great to see a respected member of the industry, such as yourself, promoting the virtues of crossbreeding with in the beef industry. This has....

Mike Introvigne
More
Brahman cattle reveal their genetic secrets

Sir It is high time to change the "Brahman" tag. Brahman has become a uninform unfortunate reference to an Indian origin of these cows. "BRAHMAN" in Hinduism means " Formless but....

Lt col V.A.Dontharaju ( Retd)
More
Synthetic meat investor Bill Gates calls for rich countries to shift entirely to synthetic meat

What’s next Bill: Incarcerate the carnivore, castrate and spay the undesirable, collect semen and ovum from the elites, and euthanise the bearer of coal. Bills marketing program: Legislate my....

Geoff Maynard
More

News

COVID impacts will continue even after vaccination, ABARES told

Australia’s closed borders and restrictions on overseas worker, tourist and student visitors will mean its COVID-19 vaccine roll-out alone won’t be enough to return the nation to pre-COVID economic activity levels, the ABARES conference was told yesterday…Read More

Guest Author, March 3, 2021

Time running out to engage with ABSF’s sustainability survey

Beef producers have just days left to participate in the Australian Beef Sustainability Framework’s annual sustainability survey. Chair of the Sustainability Steering Group which drives the ABSF, Tess Herbert, said responses to this year’s survey had been particularly strong to this point, but there was still time for others to participate…Read More

Beef Central, March 3, 2021

Opinion: Mapping tool raises landholder group concerns

Previous and ongoing misuse of satellite mapping, selective use of statistics and a lack of ground truth context used against beef producers and indeed, all of agriculture, provides reason for concern about the launch of a new satellite vegetation mapping tool by industry, writes Property Rights Australia chair Joanne Rea…Read More

Joanne Rea, Property Rights Australia, March 2, 2021

Cattle Council selects new ‘Pilot Policy Council’

23 people have now been selected for Cattle Council of Australia’s new Pilot Policy Council which will meet for the first time Canberra on Wednesday. ..Read More

James Nason, March 1, 2021

Markets

White-hot calf sales in the mountains

The buyer fraternity held nothing back in their quest for cattle, dispatching good numbers to all the major cattle finishing districts in Victoria, South Australia and southern and northern NSW…Read More

Murray Arnel, March 3, 2021

Roma store sale 2 March 2021: Prices ease in smaller yarding

Demand remained firm however prices mostly eased across the yarding, with improvements in limited places…Read More

Beef Central, March 3, 2021

Saleyard cattle prices to fall 7pc in 2021-22: ABARES

ABARES is forecasting saleyard cattle prices to average 552c/kg next financial year (2021-22), down from an expected average of 593c/kg this full financial year…Read More

Beef Central, March 2, 2021

Gangbuster opening to mountain calf sales

Visitors to the opening mountain calf sales this morning have witnessed “probably one of the dearest sales that has ever been seen in this part of the country”, according to market analyst Murray Arnel…Read More

Beef Central, March 2, 2021

Production

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…Read More

Beef Central, February 26, 2021

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…Read More

James Nason, February 24, 2021

$600,000 grant for agtech device which analyses cow’s breath for pregnancy status

A company developing a hand-held device to determine pregnancy status at an early stage using breath samples from breeding females has earned a $600,000 Commercialisation Grant from the Federal Government…Read More

Jon Condon, February 16, 2021

Methane-reducing seaweed project scores $1m Govt grant for commercial roll-out

Sydney-based company Sea Forest has received a $1 million Federal Government grant to drive its expansion into the commercial production of the methane-inhibiting aspargopsis seaweed, for use as a livestock feed additive…Read More

Beef Central, February 16, 2021

Processing

Weekly kill: QLD grid prices continue to soften

Further downwards corrections have been seen in slaughter grid offers from Queensland processors this week – typically between 10c/kg and 20c/kg on heavy steers and cows on offers made the week before…Read More

Jon Condon, March 2, 2021

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…Read More

Jon Condon, February 23, 2021

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…Read More

Beef Central, February 22, 2021

Minerva deal with SALIC steps closer to Australian processing investment

Brazilian red meat processor Minerva has signed a non-binding memorandum of understanding with Saudi investor, the Saudi Agricultural and Livestock Investment Company (SALIC) aimed at the possible acquisition of processing assets in Australia and the formation of a joint venture focussed on breeding, farming, processing and exporting sheep and cattle…Read More

Beef Central, February 19, 2021

Lotfeeding

Testing two-tiered shade in southern feedlots

Quantifying the animal welfare and production benefits of shade structures in southern feedlots is the focus of a new research project this summer, being undertaken by the University of New England at its Tullimba feedlot research facility…Read More

Beef Central, March 2, 2021

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…Read More

Liz Wells, February 26, 2021

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…Read More

Beef Central, February 22, 2021

Feedgrain Focus: Wheat, barley prices firm

Logistics are factoring into prices, northbound road freight hard to get and consumers paying more for small wheat and barley parcels. Strong sorghum demand has Brisbane running hot…Read More

Liz Wells, February 19, 2021

Live Export

$15m livex cost hike amid Ag Dept’s efficiency claims riles exporters

Further scrutiny of proposed cost hikes the Federal Department of Agriculture is planning to impose on livestock exporters has raised new questions about the justification for the scale of the charge increases…Read More

James Nason, March 3, 2021

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…Read More

James Nason, February 26, 2021

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…Read More

James Nason, February 25, 2021

AMSA launches ‘focused inspection campaign’ targeting live export ships

Australia’s maritime safety regulator has announced it will be targeting livestock expect vessels in a six month long ‘focused inspection campaign’…Read More

James Nason, February 24, 2021

Trade

Domestic wholesale market ‘awash’ with surplus export beef

Pressure is being applied to domestic Australian wholesale beef prices this week, as beef that was originally intended for export defaults back into the domestic trade. Many items, from barbecue cuts to trimmings, have fallen $3/kg in the past fortnight, as a domestic oversupply situation emerges…Read More

Jon Condon, March 3, 2021

February beef exports slump 28pc, year-on-year

Australia’s new season beef exports continue to trade at historically low levels, with total monthly shipments to all markets for February reaching just 66,818 tonnes – down 28pc year-on-year…Read More

Jon Condon, March 2, 2021

Woolworths restructures red meat business across Australia

Australia’s largest supermarket retailer, Woolworths, is restructuring its red meat business, forming a stand-alone division called GreenStock. The move is designed to better organise the company’s end-to-end meat supply chain, it said…Read More

Jon Condon, February 26, 2021

Emerging technologies could help deliver ‘clean label’ and ‘free-from’ value-added beef products

A combination of emerging technologies like High Pressure Thermal Processing, and use of natural preservatives may play a role in delivering so-called ‘clean label’ and ‘free-from’ red meat value-added products in coming years…Read More

Beef Central, February 12, 2021

Genetics

Weekly genetics review: Effectively using online marketing for bull sales

The interface between physical auctions with online platforms has been a focus of discussion throughout the bull breeding industry throughout 2020. The impact of travel restrictions under COVID saw a rapid uptake of online technology among both seedstock breeders, and in commercial cattle producers seeking to access genetics despite being unable to travel. But is it being used to greatest effect? ..Read More

Genetics editor Alastair Rayner, March 2, 2021

Beef 2021 seminar to explore opportunities for Angus in the north

Angus Australia will host a seminar for beef producers at Beef 2021 in Rockhampton in May, titled ‘The Angus Influence – from Performance to Profit.’ The program will focus on producer profitability, the opportunities for Angus use in the north and features the experience of two producers implementing Angus genetics in their operations…Read More

Jon Condon, March 2, 2021

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. ..Read More

Genetics editor Alastair Rayner, February 23, 2021

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, says 2019 Nuffield Scholar Rebecca Burnham.
..Read More

Beef Central, February 23, 2021

Ag Tech

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…Read More

Beef Central, February 23, 2021

Agtech briefs: Beef production forecasting tool picks up $10,000 grant; US expansion for Aussie agtech success-story

A software development company based in remote Mareeba in far North Queensland has earned a $10,000 NBN grant for its beef production forecasting tool. In other agtech news, Australian developed livestock management software provider AgriWebb has announced its launch in the US…Read More

Beef Central, February 10, 2021

New service supports regional Aussies to solve phone & internet problems

Regional Australians can now access free, independent advice on the best internet and mobile phone connection for their work, study and lifestyle needs…Read More

Beef Central, December 14, 2020

Surgical robots may have application in red meat processing industry

Scientists are working to develop robotic principles that could help the red meat processing sector boost its global competitiveness – using technologies developed for use in human surgical procedures…Read More

Beef Central, November 25, 2020

Property

Weekly property review: Recently completed sales

Record grazing price in Victoria’s Western District | South Qld breeding and backgrounding country makes $450/ha | Versatile Liverpool Plains block set for expansion..Read More

Property editor Linda Rowley, March 3, 2021

Movement at the Station: Properties for sale

Discounted SA grazing land attracts strong interest | Two New England properties listed for $13m and $8.2m | Tightly held northern NSW country boasts scale | Infrastructure and pastures feature in Qld’s South Burnett | Affordable grazing in Southern Qld | Mary River West returns to the market
..Read More

Property editor Linda Rowley, March 3, 2021

Chinese owner to offload WA’s Balfour Downs, with expectations of $32-$40m

wealthy Chinese businessman Xingfa Ma is offloading Balfour Downs, the large-scale cattle breeding and finishing operation in WA’s Eastern Pilbara region, after six years of ownership. Price expectations are between $32m and $40m…Read More

Property editor Linda Rowley, March 1, 2021

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…Read More

Property editor Linda Rowley, February 24, 2021

Sheep Central

Non-mulesed wool sale moves continue despite NASC knockback

A GROWER call for a designated non-mulesed wool sale in late March has been denied by the Australian Wool Exchange’s National Auction Selling Committee...Read More

Weekly rainfall wrap + rain outlook, 3 March 2021

A PERSISTENT low pressure trough has brought moderate to heavy falls of rain to northern Australia, while a Tasman Sea low generated moderate falls along the northern coast of New..Read More

Vaccine roll-out not enough as COVID-19 keeps borders closed

AUSTRALIA’S closed borders and restrictions on overseas workers, tourist and student visitors will mean its COVID-19 vaccine roll-out alone won’t be enough to return the nation to pre-COVID economic activity..Read More

ABARES forecasts small falls in lamb and mutton prices, wool to lift

LAMB and sheep saleyard prices are forecast to fall over the next two years, but wool prices are expected to increase, according to the ABARES Agriculture Commodities March 2021 quarter..Read More

Grain Central

NSW to lift ban on use of GM crops from July

New South Wales is to lift its moratorium on GM crops in July. The news has drawn mixed but mostly positive responses from voices in industry, research and lobby groups...Read More

Vaccine roll-out brings new hope, but pandemic impact far from over

Australia's closed borders and restrictions on overseas worker, tourist and student visitors will mean its COVID-19 vaccine roll-out alone won’t be enough to return the nation to pre-COVID economic activity..Read More

Ancient DNA continues to rewrite corn’s 9000-year history

Three 2000-year-old corn cobs found in a rock shelter in Honduras show that people brought corn varieties back to Mesoamerica, possibly sparking productivity and shaping civilization...Read More

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...Read More

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