Wool sellers balk at auction price drops of up to 200 cents

MORE than half the wool scheduled to sell at Australian auctions this week went unsold as growers balked at the biggest market downturn in more than 10 years…Read More

Sheep Central, August 16, 2019

Russell blends innovation and skills to market wool and sheep

AUSTRALIAN Wool Network’s Russell Macgugan has taken a forward-looking approach to wool marketing in his eight years as a broker, with a strong focus on innovative development of the Merino..Read More

Terry Sim, August 16, 2019

Australia’s wool production tipped to hit lowest level in 95 years

AUSTRALIA’S wool production is forecast to hit its lowest level in almost 100 years this financial year, with market and seasonal conditions not indicating a quick turn-around…Read More

Sheep Central, August 16, 2019

Wool market drop leaves forward marketers faltering

THE wool forward market could provide no solace for buyers nor sellers this week, with the rate of auction price decline leaving sellers out of range and buyers unable to establish an offshore basis…Read More

Michael Avery, Southern Aurora Markets partner, August 16, 2019

Agriculture Victoria canvasses sheep and goat duty options

VICTORIAN sheep and goat producers are being asked to have their say on potentially increasing the 12-cent sale duty or levy they are charged when an animal is sold…Read More

Terry Sim, August 16, 2019

Recruitment: The importance of workplace culture for success

NOW, more than ever, employees are choosing red meat industry supply chain workplaces where they feel valued and believe in the overall mission of the business. It’s not surprising, then, that the most successful agribusinesses will always have a solid workplace culture in place…Read More

Sheep Central, August 16, 2019

Market to expand national sheep and goat electronic tag uptake

NATIONALISATION of Victoria’s electronic ear tag system for sheep and goats is expected to occur through processor-imposed ‘no tag buy’ policies, saleyard managers were told last week…Read More

Terry Sim, August 14, 2019



Industry Dashboard

$A / $US Graph

Updated 7am daily
Today
0.6790
Source: NAB

ASX Market Index

18 Aug 2019 (updated 10am daily)
Company Price Trending
Elders $6.49
Australian Agricultural Co $1.03
Graincorp $7.78
Ruralco $4.32
Ridley $0.98
Woolworths $34.99
Wellard $0.04
Source: ASX

ESTLI

Eastern States Trade Lamb Indicator. Ac/kg cwt

Last Week

829
Source: MLA's NLRS

EMI

Eastern Market Indicator. c/kg clean

Today

1947
Source: Australian Wool Exchange

SOI Graph

Southern Oscillation Index (SOI)

Today

-6.53
Source: Australian Bureau of Meteorology

Goat Graph

Eastern States 12.1-16kg c/kg cwt

Today

902
Source: MLA

What readers are saying

Market to expand national sheep and goat electronic tag uptake

We respect the opinions expressed in this article but the facts are that livestock agency businesses now employ extra staff to assist with the increased responsibilities put upon livestock....

Liz Summerville, Australian Livestock and Property Agents Association
More
Quad bike $1200 rebate period running out in Victoria

As an ag college student in the '80s, when mandatory Roll Over Protection System (ROPS) frames were being retro-fitted to tractors, I remember reading in an OH&S safety journal,....

John Smith
More
Tehan advises sheep industry caution on China

What of substance was there in this statement? To paraphrase: with China things could go up or down. They could go high or low. They could be good or bad.....

Andrew Farran
More
Wool growers hold bales as auction prices drop sharply

Any logical assessment of the market would suggest that the retraction this week was to be expected. Further falls may be necessary in order to find a new price....

Peter Small
More

News

Wool sellers balk at auction price drops of up to 200 cents

MORE than half the wool scheduled to sell at Australian auctions this week went unsold as growers balked at the biggest market downturn in more than 10 years…Read More

Sheep Central, August 16, 2019

Russell blends innovation and skills to market wool and sheep

AUSTRALIAN Wool Network’s Russell Macgugan has taken a forward-looking approach to wool marketing in his eight years as a broker, with a strong focus on innovative development of the Merino..Read More

Terry Sim, August 16, 2019

Australia’s wool production tipped to hit lowest level in 95 years

AUSTRALIA’S wool production is forecast to hit its lowest level in almost 100 years this financial year, with market and seasonal conditions not indicating a quick turn-around…Read More

Sheep Central, August 16, 2019

Wool market drop leaves forward marketers faltering

THE wool forward market could provide no solace for buyers nor sellers this week, with the rate of auction price decline leaving sellers out of range and buyers unable to establish an offshore basis…Read More

Michael Avery, Southern Aurora Markets partner, August 16, 2019

Markets

Chris Howie’s southern market wrap – July 2019

This sheep space is still looking very good with sheep feed appearing in southern areas and even though the drought is still biting hard in many areas the sale price allows some consolation, writes Chris Howie in this month’s update of southern livestock market trends and opportunities ahead…Read More

Chris Howie, August 2, 2019

How do winter lamb prices compare to slaughter prices in spring?

The AuctionsPlus Market Insights team recently looked at the correlation between new season store lamb prices through the winter months, and how historical slaughter lamb prices perform in spring…Read More

Tom Rookyard, AuctionsPlus Market Insights, July 31, 2019

Heavy Merino lamb record at Dubbo

Agents at Dubbo have claimed a new national record with a line of heavy Merino lambs selling for $307.20 a head…Read More

Sheep Central, July 29, 2019

Victoria’s seasonal fortunes reflected in AuctionsPlus trading

Lamb prices remain around record levels, with this price pressure also feeding down to all stock categories in the yards and online. Particularly as saleyard numbers are currently receding, processors have been looking online to fill supply…Read More

Sheep Central, July 27, 2019

Lamb Production

Sheep breeder seeks government commitment on AWI

AUSTRALIA’S Federal Government was sent a strong message to commit to full implementation of governance changes within Australian Wool Innovation, during an ANZ Agribusiness lunch panel session at Hamilton’s Sheepvention rural expo this week…Read More

Terry Sim, August 7, 2019

Tom Bull at ICMJ: Lessons from a livestock leader

Tom Bull didn’t have a farm to go home to when he graduated from ag college, and knew he would have to find his own way to succeed in agriculture. 20 years later, it seems safe to say he found it…Read More

James Nason, July 17, 2019

NSW to enter race with Victoria to mandate pain relief for mulesing

COULD the race to be the first Australian state to mandate pain relief for mulesing sheep be the next State of Origin contest between Victoria and New South Wales?..Read More

Terry Sim, July 15, 2019

Vegan activism, animal welfare and sustainability on VFF Livestock agenda

VEGAN activism, glyphosate use, animal welfare and mulesing will be among the issues discussed at the Victorian Farmers Federatrion Livestock Group’s annual meeting in Melbourne on July 24…Read More

Sheep Central, July 15, 2019

Wool Production

Sheep breeder seeks government commitment on AWI

AUSTRALIA’S Federal Government was sent a strong message to commit to full implementation of governance changes within Australian Wool Innovation, during an ANZ Agribusiness lunch panel session at Hamilton’s Sheepvention rural expo this week…Read More

Terry Sim, August 7, 2019

Eight month shearing works for top Elders wool growers

A SWITCH to eight-monthly shearing and containment yard use has helped Tatyoon’s sixth generation fine wool operation Roseville Ridge take out the prestigious Elders Southern Clip of the Year award..Read More

Terry Sim, August 7, 2019

Innovative shearing shed open day at Dubbo

Innovative shearing shed design, aiming to lift efficiency for workers and the flow of livestock, improve worker safety and animal welfare and drive quality wool preparation will be on show at a Dubbo district open day tomorrow, 27 July. ..Read More

Sheep Central, July 26, 2019

NSW to enter race with Victoria to mandate pain relief for mulesing

COULD the race to be the first Australian state to mandate pain relief for mulesing sheep be the next State of Origin contest between Victoria and New South Wales?..Read More

Terry Sim, July 15, 2019

Processing

Meat processors condemn illegal abattoir operation

The operators of an alleged illegal slaughterhouse outside Melbourne should face the harshest available penalties, the Australian Meat Industry Council says…Read More

Sheep Central, August 2, 2019

Growing NSW shearing school gets hands-on with politicians

N inspiring shearing school in New South Wale’s New England region introducing rural youth to a career in the wool industry is looking for new students…Read More

Sheep Central, July 10, 2019

Woodward Foods in expansion mood after Chinese investor deal

VICTORIAN lamb and beef processor Woodward Foods has completed a deal to sell a 49pc minority shareholding in the diversified business to a substantial Hong Kong-based Chinese investor. The completion of the deal will provide a capital base for Woodward to embark on an expansion plan for beef and sheep meat production, targeted primarily at China. ..Read More

Jon Condon, June 18, 2019

Goat meat pricing helps TFI as sheep and lamb supplies drop

RECORD goat meat pricing has helped major meat processor Thomas Foods International maintain its usual winter slaughter schedule despite waning lamb and sheep supplies…Read More

Terry Sim, May 29, 2019

Trade

Eight month shearing works for top Elders wool growers

A SWITCH to eight-monthly shearing and containment yard use has helped Tatyoon’s sixth generation fine wool operation Roseville Ridge take out the prestigious Elders Southern Clip of the Year award..Read More

Terry Sim, August 7, 2019

Analysis: US/China trade war hits currencies, A$ caught in crossfire

GLOBAL currencies and stock markets have weakened over the past two days as financial markets have deep concerns about the ramifications of the latest stage in the US China trade war. “So far Australia has been a beneficiary of this new chapter in the war, but if we are not careful this could be short-lived,” independent meat and livestock market analyst Simon Quilty warns in this report. ..Read More

Simon Quilty, August 7, 2019

ALEC welcomes bill to create livex Inspector General

The Australian Livestock Exporters’ Council has welcomed the introduction of legislation to establish a Federal Inspector General for Live Animal Exports, describing the move as an important step towards driving cultural change and improved animal welfare outcomes…Read More

Sheep Central, August 1, 2019

Exporter slams Middle East shipping ban extension

The Department of Agriculture has extended the prohibited period for live sheep exports to, or through, the Middle East by three weeks to 22 September 2019, in a move welcomed by animal groups but criticised as ‘flawed’ by exporters…Read More

Sheep Central, August 1, 2019

Property

Historic Kadlunga sale will add to Collinsville Merino operations

THE historic Kadlunga aggregation in South Australia’s Clare Valley has been bought in an off-market buyer-initiated deal by Collinsville Merino Stud’s George and Sophie Millington. The 3923ha aggregation near Mintaro..Read More

Sheep Central, June 12, 2019

TFI’s Texas Downs sale to test value of Lower Darling country

ANOTHER corporate investor is set to exit the Menindee district in western New South Wales with Thomas Foods International’s listing of its 5278-hectare property Texas Downs…Read More

Liz Wells, April 30, 2019

Merino breeders buy Victorian showcase Mt Fyans for $37 million

NEW South Wales stud Merino breeders Ian and Camilla Shippen have paid $37 million for Mt Fyans, one of the largest and most highly regarded agricultural holdings in Victoria’s Western District…Read More

Linda Rowley, December 7, 2018

Weekly Property Review: Is it possible to fence in value?

IS the growing momentum being seen in investment in exclusion fencing for wild dog and kangaroo control yet being reflected in property values? Property editor Linda Rowley puts the question to a number of rural land valuers and other stakeholders…. ..Read More

Property editor Linda Rowley, November 29, 2018

Beef Central

Eight messages from Senate grilling of new farm protection laws

New legislation which would introduce jail sentences for people who incite farm invasion and harassment was put under the microscrope by Senators in a public hearing in Canberra this week...Read More

Feedgrain Focus: Inverse stymies sales, prices ease on US tumble

Some growers in NSW are weighing up their options for grain, grazing or hay, while cereals trade flat to lower in the feed market to reflect Monday's drop in US..Read More

Project looks at farming seaweed for methane reduction in cattle + VIDEO

A puffy pink seaweed that can stop cattle from belching out methane is being primed for mass farming by researchers in Queensland.SC's ..Read More

Recruitment: Recognising the importance of workplace culture for business success

Now, more than ever, employees are choosing red meat industry supply chain workplaces where they feel valued and believe in the overall mission of the business. It's not surprising, then,..Read More

Grain Central

It’ll be hard, but we can feed the world with plant protein

There are plenty of barriers, but if we really want to we can feed the world on plant protein, largely from legumes...Read More

Can we feed the world without wrecking the planet?

Can agriculture meet the food demands of the world into the future and do it in a sustainable way?..Read More

Murray-Darling water markets inquiry begins

The ACCC has commenced an inquiry into markets for tradeable water rights in the Murray-Darling Basin...Read More

Australia urgently needs real sustainable agriculture policy

Australia urgently needs a contemporary definition of sustainable agriculture, including agreed on-farm metrics, according to UNE senior research fellow and lecturer, Jacqueline Williams...Read More

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