Queensland slaughter grids have surged for a second consecutive week, setting new all-time price records in several categories. But as attractive as current prices are, exporters are struggling to raise kills at this early stage in the 2021 season, with reports of three-day rosters at quite a number of large facilities, and record high losses on every beast slaughtered…Read More
Two factors appear to be behind a a sharp lift in processor price grid offers for slaughter cattle across eastern and southern Australia since the start of the new trading year…Read More
Jon Condon, January 12, 2021
Changing circumstances are seeing Australian Country Choice transition into a much more diverse, multi-stream vertically integrated processing/supply chain business model…Read More
Jon Condon, December 18, 2020
An official ground-breaking ceremony was held this morning on the site of the new Thomas Foods International processing plant site near Murray Bridge in South Australia’s east…Read More
Beef Central, December 16, 2020
Buffeted by a series of unexpected and often unique events, the 2020 slaughter cattle season largely draws to a close on Friday. Many large export beef plants across eastern Australia draw a line under their 2020 operations on Friday, with significant losses recorded on many slaughter cattle during the back half of the year. ..Read More
Jon Condon, December 15, 2020
Hot, dry conditions across large parts of eastern Australia pushed a few more cattle in front of processors last week, but direct consignment grid offers continue to slide in many regions, in the face of very flat international meat trading conditions…Read More
Jon Condon, December 8, 2020
Southern NSW beef processor Monbeef will shutter its facility for eight months in early January, due to ongoing market pressures. The closure is a stark reminder of the extreme challenges facing red meat processors this year…Read More
Jon Condon, December 4, 2020
Extreme heat conditions across large parts of eastern Australia since the weekend have hampered slaughter cattle flows, in an already incredibly tight supply situation…Read More
Jon Condon, December 1, 2020
It was a year of sharply contrasting halves for NSW meat processor Northern Cooperative Meat Co, which announced an $8.2 million profit after tax for the 2020 financial year to shareholders at its annual general meeting in Casino recently…Read More
Jon Condon, November 30, 2020
Hot, dry weather across large parts of northern Australia is pushing cattle to market in unexpected volume, leading to a sudden change in the supply/demand dynamic for slaughter cattle this week…Read More
Jon Condon, November 24, 2020
Slaughter cattle supply out of Australia is not likely to recover significantly until at least 2022, investors were told during a JBS briefing following the tabling of the company’s third quarter financials earlier this week. Global beef processor JBS has bounced back from the impacts of COVID earlier in the year, reporting net revenues of R$70 billion for the quarter ended September, up 34pc on the same period last year and a new record for the company…Read More
Jon Condon, November 20, 2020
Direct consignment slaughter grid offers from Queensland processors have remained at record highs this week, but there has been little evidence of any real response in terms of cattle supply…Read More
Jon Condon, November 17, 2020