Processing

Weekly kill: Some grid offers continue to soften, in slower pre-Easter period

With two short production weeks this week and next caused by the Easter break, slaughter cattle demand softened this week across much of eastern Australia, and some processor grid offers continued to soften…Read More

Jon Condon, April 7, 2020

Weekly kill: Rates decline continues, as beef demand uncertainty mounts

Eastern states cattle slaughter leapt a remarkable 17pc last week, despite continuing downwards pressure on finished cattle prices. There’s been some further downwards adjustments in slaughter cattle direct consignment rates, but mostly to align offers with other competitors in a deteriorating market, rather than pushing still lower…Read More

Jon Condon, March 31, 2020

JBS logs record pre-tax profit for 2019 year

The world’s largest meat processor, JBS has logged an adjusted pre-tax profit of R$19.9 billion (equivalent to about A$6.76b) in full-year financial results announced this morning, Australian time…Read More

Jon Condon, March 26, 2020

Weekly kill: Grids slide further on pessimistic trade outlook

Queensland processor direct consignment grid offers came under considerable pressure last week, as further reports about export trade difficulty surrounding COVID-19 surfaced…Read More

Jon Condon, March 24, 2020

Abattoirs working to reduce closure risk, as consumer meat demand soars

Australian meat processors are working to minimise the risk of abattoirs being forced to close in the event of one or more employees testing positive to COVID-19…Read More

James Nason, March 18, 2020

Weekly kill: Grids slide 20-50c/kg as coronavirus concerns escalate

Uncertainty over the impact that coronavirus will have on international meat demand is contributing to a dramatic 20-30c/kg decline on Queensland direct consignment grid offers this week, and up to 50c/kg in parts of NSW…Read More

Jon Condon, March 17, 2020

Weekly kill: Numbers continue to slide as rain impact extends

An acute shortage of slaughter cattle again this week is weighing heavily on processing operations, with last week’s eastern states beef kill reported by NLRS at just 116,920 head – some 23pc below this time last year…Read More

Jon Condon, March 10, 2020

Weekly kill: Numbers drop 10pc in a week, as processors put the cue back in the rack

Rates of slaughter dropped ten percent across eastern Australia last week, as processors put the cue back in the rack to try to weather the current cattle price storm by reducing throughput. The size of the reduction in processing activity was extraordinary, for a week that was impacted neither by public holidays, nor wet weather…Read More

Jon Condon, March 3, 2020

Victoria’s troubled Tabro beef processing plant may have found a buyer

A deal is understood to be close over a change of ownership for the troubled Tabro Meats Lance Creek beef processing facility in Victoria’s South Gippsland region…Read More

Jon Condon, February 27, 2020

Weekly kill: Southern grids rise 20c/kg, drawing closer to QLD offers

Direct consignment slaughter cattle prices in parts of southern Australia have lifted 20c/kg in the past week, drawing closer to rates being seen in Queensland as the rain effect continues to impact cattle prices and supply…Read More

Jon Condon, February 25, 2020

Weekly kill: Processors trim schedules as supply squeeze grows

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

Jon Condon, February 18, 2020

Weekly kill: Processors face growing supply challenge as rain impact soaks in

More substantial rain across the eastern half of NSW and QLD in the past seven days has made beef processing a day-to-day proposition this week, with plenty of large export plants planning to cancel shifts due to challenges in accessing stock. Wet weather money is being splashed around, with one QLD processor’s grid this week offering an unprecedented 580c/kg…Read More

Jon Condon, February 11, 2020

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