In this comment piece, veteran cattle buyer Richard Eldershaw reflects on the changing nature of the feeder cattle market over the past quarter century…
A low pressure system brought falls of 25 mm to a band of inland stretching from western Queensland to Victoria and South Australia.
Supply and demand had its way with all buyers present feeling the pinch as prices were driven higher by quality.
Best presented young slaughter cattle generally sold significantly dearer, while plainer conditioned stock saw rates spike depending on the breed and level of feedlot demand.
Building producer trust in value-based marketing systems, including elements like lean meat yield and offal value, is the next big challenge faced by processor Teys Australia as it moves along a pathway towards VBM adoption.
Unusually mild weather for late May is bearing some influence over slaughter cattle flows across eastern Australia at present.
Cattle in grainfed programs across Australia increased 80,687 head, or 8.6pc to an all-time record high at the end of March, according to the results of the quarterly ALFA/MLA survey released earlier this evening.
The National Australia Bank (NAB) is predicting Farm Management Deposits (FMDs) will smash the record set last year, as producers better manage their finances in good years to prepare for the more challenging ones.
Recent rain inspired restockers and feedlots who had the greatest influence over most categories. Weaner steers back to the paddock sold 6-22c/kg dearer. Steers weighing 330-400kg benefited from the strongest demand with store buyers who payed from 332-392c to average $1358.
Western Australia’s Department of Agriculture and Food is reminding WA cattle owners that the transitional arrangements for the Johne’s Beef Assurance Score (J-BAS) will end on 30 June 2017.
As a premier grain and cattle growing region with access to groundwater from the Great Artesian basin below, it is easy to see how an area of inland Queensland has developed to become the epicentre of Australia’s lot feeding industry. However, it is hard to see how the economically important industry can expand much further under a new groundwater allocation plan proposed by the Queensland Government.
The Australian Lot Feeders Association, the peak Industry council representing Australian lot feeders, says access to safe, reliable and sufficient groundwater is crucial for future investment in the Queensland feedlot sector.
MLA will invest up to $10 million to co-fund the installation of DEXA objective measurement systems in red meat processing plants following multiple requests to accelerate the adoption of the technology.
There is an urgent need to build capacity and ‘deal flow’ if innovative start-up businesses in the Australian agricultural sector are to have any chance of becoming successful companies, according to SproutX and Agri Innovation general manager at Findex, Sam Trethewey.
Almost 1600 Heytesbury Pastoral Co Brahman steers and heifers cattle listed on AuctionsPlus on Friday provided some valuable guidance about price trends for live export cattle in the north.
Chinese investors in Australian agriculture and agribusiness need to obtain a “social licence” to operate in the market if their investments are to succeed, a new report suggests.
Australia’s national retail butchery team has won a tough international challenge against a crack New Zealand team in an important lead-up to next year’s World Butchers’ Challenge being held in Ireland.
Plant-based beef burgers could be about to have a much bigger impact on global beef consumption than many may realise, the 400M Ag Tech Investment conference in Toowoomba was told yesterday.
What’s coming next in ag tech? A wealth of insights were shared at Toowoomba’s Empire Theatre yesterday where ag tech innovators, investors, entrepreneurs, service providers and regulators from around Australia gathered for the second annual 400M Ag Tech conference organised by Food Leaders Australia.
Meat & Livestock Australia says Australia’s world leading red meat and livestock quality assurance programs will be strengthened by move to a single management structure, via the newly created Integrity Systems Company.