Livestock news Wellard report highlights Indo, Vietnam market challenges MARKET insights contained in livestock vessel owner and charterer Wellard?s latest half yearly results report point to further signs of increasingly challenging conditions in Australia?s two largest cattle export markets. Wellard reported a net loss after tax of US $1.6 million (AUD $2m) for the first half of the 2021... Published on: 2021-03-04 Source: Live Stock Pricing Beyond Meat Stock Rallies On McDonald's, Yum Brands Deals; Q4 Earnings Mixed Beyond Meat stock rallied after-hours Thursday after announcing multi-year deals with both McDonald's (MCD) and Taco Bell parent Yum Brands (YUM), even as the fake-meat maker reported mixed fourth-quarter results. The deals mark the company's latest efforts to join forces with big fast-food names, following a deal with PepsiCo (PEP)... Published on: 2021-03-04 Source: Live Stock Pricing Growing beef business from the ground up Property expansion and a pasture renovation program are enabling the Sullivan family to build-up cattle numbers on their Killara farm, Shallum Holdings. Dale and Sue Sullivan, and their son Alex, have also been converting their well-established Hereford herd to Poll Herefords using bulls from David Lyons' Vasey-based Melville Park stud.... Published on: 2021-03-04 Source: Live Stock Pricing Ironing out peaks and troughs of cattle market will be crucial FOR years, beef industry leaders have talked about the need to iron out the peaks and troughs of the cattle market that can be so deadly to both producer and processor, depending on where they fall on the curve at any particular time. No one can really say how it... Published on: 2021-03-04 Source: Live Stock Pricing $15m livex cost hike amid Ag Dept?s efficiency claims riles exporters FURTHER scrutiny of proposed cost hikes the Federal Department of Agriculture is planning to impose on livestock exporters has raised new questions about the justification for the scale of the charge increases. As reported by Beef Central last week the Department of Agriculture and Water and the Environment has unveiled... Published on: 2021-03-04 Source: Live Stock Pricing ABARES forecasts small falls in lamb and mutton prices, wool to lift LAMB and sheep saleyard prices are forecast to fall over the next two years, but wool prices are expected to increase, according to the ABARES Agriculture Commodities March 2021 quarter report. ABARES commodity analyst Mikayla Bruce said the saleyard price for lambs is forecast to average 751c/kg in 2020-21, down... Published on: 2021-03-04 Source: Live Stock Pricing Australians warned meat prices set to increase as farmers cull less cows Australians have been warned that the price of meat, particularly beef, could skyrocket in supermarkets this year. Woolworths CEO Bran Banducci has predicted ?volatile? price changes for much of 2021, saying ?we do expect to see continued meat price increases.? The reason meat prices might increase is because the number... Published on: 2021-03-04 Source: Live Stock Pricing Aussies expected to dominate world sheepmeat export supply The gap between Australia and New Zealand's export sheepmeat industry has narrowed, with industry experts anticipating Australia will continue to dominate world sheepmeat export supply for the remainder of the decade. According to the United Nations Food and Agriculture Organisations (FAO), in 2019 Australia and New Zealand sheep meat exports... Published on: 2021-03-04 Source: Live Stock Pricing Has wool done enough to see Merino flock growth? This time last year the wool market was tanking, but it wasn?t quite early enough to see a switch out of Merino joinings and into meat breeds. This year the wool market has lifted early in the year, but has it been enough to keep Merino lambs coming in the... Published on: 2021-03-03 Source: Live Stock Pricing Gangbuster opening to mountain calf sales VISITORS to the opening mountain calf sales this morning have witnessed ?probably one of the dearest sales that has ever been seen in this part of the country?, according to market analyst Murray Arnel. Now in its 84th year, the annual East Gippsland calf sales draw large crowds as people... Published on: 2021-03-03 Source: Live Stock Pricing Price hike coming to Aussie supermarkets as meat prices surge Hold the barbie Australia. Woolworths CEO is warning of meat price inflation in 2021, with beef in particular likely to cost more. ?We do expect to see continued meat price increases,? Woolworths CEO Brad Banducci said last week, as he warned of ?volatile? price movements across the world of groceries.... Published on: 2021-03-03 Source: Live Stock Pricing Restockers seek young cattle at Wagga VENDORS sold 2100 cattle at the Wagga market on Monday. The quality of the offering was only fair, with most yearling cattle requiring more finish. It was most of the usual export and domestic buyers in attendance however not all operated. Northern restocking competition was very strong due in part... Published on: 2021-03-03 Source: Live Stock Pricing Lamb and mutton prices tipped to stay high There's a drought coming, Chinese appetite for imported meat will fall and who can really calculate what COVID-19 adds to the mix. ABARES said general trends for the sheep industry were still clear. The heat will come off sheepmeat prices. And Australian sheep numbers will keep slowly climbing, from about... Published on: 2021-03-02 Source: Live Stock Pricing Beef demand outlook volatile, but there are green shoots WITH many of Australian beef's largest destinations still well in the grip of COVID, and tightening supply of cattle at home putting a hefty price tag on product, the demand outlook could not be described as anything other than volatile. However, there are some solid fundamentals in place that suggest... Published on: 2021-03-02 Source: Live Stock Pricing Glen Innes Potential Show Steer Sale reaches record 1700c/kg for Limousin Show steer enthusiasts keen to return to the ring after COVID-19 disruptions armed with their best chance at a broad ribbon weren't afraid to pay up to 1700c/kg at the Glen Innes Potential Show Steer Sale on Monday. Yet again the Colin Say and Co run sale reached all new... Published on: 2021-03-02 Source: Live Stock Pricing NSM future breeder Droughtmaster heifers make 725c Queensland cattle numbers totalled 8861 head last week, an increase of 1683 head from the previous week. Southern Qld was the largest purchasing region securing 2277 head. Cows with calves at foot sold from $1800 to $4720 to average $3014/head. Station mated Angus cows from Chinchilla aged four to six... Published on: 2021-03-02 Source: Live Stock Pricing Two to face court in WA over $800,000 cattle theft RURAL Crime Squad officers in Western Australia have charged a 43-year-old man and a 37-year-old woman from the Upper Gascoyne region with offences relating to the theft and sale of 803 cattle valued at approximately $800,000. The WA Rural Crime Squad commenced Operation Topography to combat an established criminal network... Published on: 2021-03-02 Source: Live Stock Pricing Shipload of Spanish cattle to be killed Nearly 900 cattle that have been on a ship travelling the Mediterranean Sea for two months will be killed after veterinarians deemed them no longer fit for export, Spanish authorities say. A total of 895 cattle set sail from the Spanish port of Cartagena on December 18 in the cargo... Published on: 2021-03-02 Source: Live Stock Pricing Young cattle prices take a breather THE idea that young cattle prices may have reached their peak is being bandied around but no one is predicting the market will come off in a big hurry. The indicative Eastern Young Cattle Indicator has dropped 6 cents a kilogram carcase weight in the past week to sit today... Published on: 2021-02-24 Source: Live Stock Pricing Weekly kill: Slow seasonal start remains stuck in first gear WITH just a week remaining in February, eastern Australia is yet to crack a weekly beef kill of 100,000 head, in what amounts to the slowest start to a slaughter year in recent history. Despite direct consignment and saleyards slaughter cattle price offers remaining at, or near record highs, last... Published on: 2021-02-24 Source: Live Stock Pricing
