Livestock news Four new traits targeted in Angus research breeding values Breeders of Angus cattle now have access to research breeding values that predict genetic differences between animals for four new traits relating to mature cow body composition, immune competence and tropical adaption. Speaking at the Autumn 2021 Angus Connect research and development update, Angus Australia's breed development and extension manager... Published on: 2021-06-18 Source: Live Stock Pricing Australian beef in the UK The UK has recently agreed a Free Trade Agreement with Australia, which among other things will increase market access to the UK for Australian beef. Some details of the deal have been released by the Australian Prime Minister: ?Beef tariffs will be eliminated after ten years. During the transition period,... Published on: 2021-06-18 Source: Live Stock Pricing Argentina says nearing deal with meat packers to start re-opening beef exports BUENOS AIRES (Reuters) - Argentina is close to clinching a deal with meat packers aimed at partially restarting exports next week after a one-month suspension aimed at slowing domestic food price inflation, Production Minister Matias Kulfas said on Thursday. Argentina, China?s second-biggest beef supplier after Brazil, halted exports for a... Published on: 2021-06-18 Source: Live Stock Pricing Stung by pandemic and JBS cyberattack, U.S. ranchers build new beef plants CHICAGO, June 17 (Reuters) - U.S. cattle ranchers and investors are sinking hundreds of millions of dollars into new beef plants after temporary closures of massive slaughterhouses at the start of the COVID-19 pandemic left farmers with nowhere to send animals destined to be turned into meat. A cyberattack against... Published on: 2021-06-18 Source: Live Stock Pricing Argentina says deal on re-opening beef exports may be close, talks continue BUENOS AIRES (Reuters) -Talks between Argentine policymakers and meat industry officials are on track to reach a deal on re-opening exports, officials said on Tuesday, days ahead of the expiration of the government?s month-long suspension of international shipments. Argentina, China?s second-biggest beef supplier after Brazil, halted exports for a month... Published on: 2021-06-16 Source: Live Stock Pricing Eastern demand strong for WA livestock WESTERN Australia's livestock numbers, particularly Merino sheep, have been significantly liquidated and are set to rely on successive strong seasons to support a rebuild. That is according to a Meat & Livestock Australia (MLA) report released last week, outlining the number of livestock which had migrated from west to east... Published on: 2021-06-16 Source: Live Stock Pricing Demand for cattle goes through the roof SUPERB winter feed and the prospect of ongoing good rain is driving demand for cattle through the roof. That is clashing with a depleted herd to send the market further into record territory. The benchmark Eastern Young Cattle Indicator set a new record twice in the past week and is... Published on: 2021-06-16 Source: Live Stock Pricing EYCI sets yet another record THE benchmark Eastern Young Cattle Indicator has set a new record twice in the one week to currently sit at 913 cents a kilogram carcase weight. That's a jump of just under 20c in the past week and up 156c on year-ago levels, which themselves were in record territory. Meat... Published on: 2021-06-15 Source: Live Stock Pricing USDA begins work to enforce the Packers and Stockyards Act The Packers and Stockyards (P&S) Act is a 100-year old law that was originally designed to protect poultry and hog farmers and cattle ranchers from unfair, deceptive, and anti-competitive practices in the meat markets. USDA?s pending action was noted in the Unified Agenda of Regulatory and Deregulatory Actions released today... Published on: 2021-06-15 Source: Live Stock Pricing Australian wool prices lift at Melbourne and Sydney auctions AUSTRALIAN Merino and crossbred wool prices increased strongly across all micron categories at auctions this week, with renewed Chinese interest. The Australian Wool Exchange said with only the Melbourne and Sydney selling centres operating, the national offering reduced to 36,288 bales and brokers passed in only 4.1 percent. ?The smaller... Published on: 2021-06-15 Source: Live Stock Pricing Light weight yearling steers returning to the paddock top at 650c at Dalby Numbers reduced by 1187 head to 2258 at Dalby last week. A fair panel of export processors were present and operating, however one major exporter was absent from the buying panel. The regular feed and trade buyers were in attendance and active along with a large line up of local... Published on: 2021-06-15 Source: Live Stock Pricing Nutrien store sale reaches $1542 average STORE cattle continue to be in hot demand, resulting in one of the strongest markets for dairy origin cattle seen at Boyanup last week. The sale was the first leg of Nutrien Livestock's two-day June Special store cattle sales with the South West team penning 629 dairy cattle. The yarding... Published on: 2021-06-14 Source: Live Stock Pricing USDA hikes most meat production outlooks The USDA?s latest supply and demand report has a slight month to month decrease for 2021 red meat production against a modest increase in poultry. Beef production is projected at 27.905 billion pounds, up 5 million from May, expecting a bigger cow slaughter to cancel out lower steer and heifer... Published on: 2021-06-11 Source: Live Stock Pricing Flurry to restock lifts flock forecast The weather may not feel particularly ?good? for those in the south east of the country experiencing an arctic blast this week, but overall seasonal conditions have continued to be positive for sheep production so far in 2021. This has encouraged the national sheep numbers to rebuild faster than first... Published on: 2021-06-11 Source: Live Stock Pricing Grainfed cattle make up 50% of beef production Key points: In Q1 2021, grainfed and grain-assisted cattle made up more than 50% of beef production for the first quarter ever. The feedlot sector has provided continuity in a period of tight supply. 51% of domestically consumed beef comes from feedlots. For the first time ever, feedlot cattle made... Published on: 2021-06-11 Source: Live Stock Pricing Australia?s sheep flock is showing signs of recovery AUSTRALIA?S sheep flock is expected to rebound to more than 68 million this year as more ewes and ewe lambs are retained for breeding, encouraged by stronger meat and wool prices. Meat and Livestock Australia today said Australia?s sheep flock continues to undergo a significant rebuilding phase and is predicted... Published on: 2021-06-10 Source: Live Stock Pricing WA sheep producers go into buying mode after sell-off THE flow of Western Australian sheep to the eastern states is expected to slow with improved seasonal and market conditions, with the state?s producers already in flock rebuild mode. And despite recent interstate sale figures leading Meat & Livestock Australia to suggest the WA Merino flock had been ?substantially liquidated?... Published on: 2021-06-10 Source: Live Stock Pricing Young cattle prices nudge $9 mark again YOUNG cattle prices continue to hold up, despite the strong market flushing out more stock than would be typical for this time of year and clear signs of significant progress in the herd rebuild. The benchmark Eastern Young Cattle Indicator has been nudging the $9 a kilogram carcase weight barrier... Published on: 2021-06-10 Source: Live Stock Pricing Flock to increase to over 68 million head Australia's flock rebuild is speeding up, predicted to reach 68.1 million head after falling to its lowest on record in 2020 of 64 million head. And by 2023 the national flock is expected to be 75.4 million head. This is according to Meat and Livestock Australia's (MLA) 2021 sheep industry... Published on: 2021-06-10 Source: Live Stock Pricing Aussie lamb exports rebound as demand from US and China lift The two biggest players in the lamb export space, China and the United States, are still hungry for Aussie lamb with export volumes increasing to levels well above seasonal averages. In May lamb export volumes from Australia to the US increased by 18 per cent, taking flows to levels that... Published on: 2021-06-09 Source: Live Stock Pricing
