In what is probably a first for an Australian red meat exporter, Queensland grainfed beef supply chain Kilcoy Global Foods has chartered its own a 747 cargo aircraft to air-freight about 100 tonnes of high quality chilled product to customers in China…Read More
The Productivity Commission has recommended abolishing three longstanding tax concessions and payments for remote areas, but the Morrison Government has moved quickly to reject the proposal…Read More
With livestock and meat market prices moving sharply in opposite directions over the past month, substantial losses are looming for Australian beef processors this year, market analysts told an industry audience in Brisbane this morning…Read More
Wellard Ltd has reported a net loss after tax of $2.1 million for the six months to 31 December 2019…Read More
The Australian beef industry faces reduced export demand from China as a result of coronavirus, according to a Rabobank report. Rabo expects China to again dominate beef imports in 2020, albeit at a far slower rate than the heady 60pc increase in imported volume recorded in 2019…Read More
Australia’s was the world’s top exporter in terms of value of beef exports in 2019…Read More
In today’s South East Asian beef market report: Indonesian cattle prices weaker but currency much stronger; Thai slaughter prices push through AUD$5 for the first time, and African Swine Fever moves to infect Mindanao in southern Philippines..Read More
Impacts on Australia’s cattle shipping trade from the Coronavirus outbreak in China and other parts of Asia have been minimal to date, according to exporters, with current shipments on the water and those contracted to be delivered expected to continue as scheduled…Read More
Larger beef processors are talking cutbacks on slaughter in coming weeks, as the effects of recent leaps in cattle price and short supply start to weigh more heavily on processor profitability…Read More
LEAN manufacturing beef export prices continue to decline, on the back of moderate demand out of the US, and the lack of competitive tension from Chinese buyers as a result of the recent coronavirus event and the passing of Chinese New Year demand…Read More
