A surplus of meat on the domestic market – driven in part by diversion of product out of export to China, and particularly flat February consumer demand – has put heavy downwards pressure on domestic wholesale beef prices this month…Read More
As the impact of coronavirus continues to spread across China, trade in imported meat and other commodities is coming under increasing pressure…Read More
Prices for wheat and barley have dropped by $5-$20 per tonne as the promise of pastures clips demand from custom feeders in the north, and modest tonnages come forward from growers and pool operators in the south…Read More
While US beef exports to China have not been significantly affected since the coronavirus disease episode broke a fortnight ago, the solid increase that was expected to begin after the signing of the Phase One trade deal last month between the US and China has likely been put on hold for the time being, US market commentator Steve Kay reports…Read More
After a start to the year which was shaping up like an extension of the desperate conditions seen in 2019, the seasonal outlook is now looking much more promising in many eastern Australian grazing areas, and cattle markets have risen sharply over the past fortnight. The change of fortunes, and solid prospects for more rain over the next week, is already injecting a level of confidence back into the grazing property market, industry commentators say…Read More
January beef exports have started the year at a relatively solid pace, but perhaps mask the challenges that lie ahead after widespread rain over large parts of Eastern Australia in the past fortnight, and potential market disruptions in largest customer country, China…Read More
Genetics editor Alastair Rayner is back with his first column for 2020, marking the start of the Autumn bull selling season. What are the prospects looking like this year? ..Read More
Slaughter cattle prices have surged again this week – in some cases to record levels – as the accumulated benefit of recent significant rain across parts of eastern Australia and prospect of more to come sinks in…Read More
The Chinese government has offered financial protection for food importers and other Chinese businesses in the latest fallout from the country’s coronavirus disease outbreak…Read More
Red meat and live cattle exporters are bracing for an impact in demand for Australian beef in China following the coronavirus epidemic, in the latest chapter in what has been a wild ride for export beef prices over the past four months. ..Read More