Recent rain could push sheep prices up even further in 2022
The recent rain across much of Australia’s sheep country may see sheep prices rise even further, heading into 2022. According to ANZ’s latest Agri Commodity Report, the extra green clip as a result of the rain could not only see sheep gaining extra condition, but could substantially reduce feed costs for farmers. “Apart from those […]
High cattle prices have the potential to squeeze beef processors
The ongoing record levels of cattle prices could increasingly put pressure on meat processors heading into 2022. According to ANZ’s latest Agri Commodity Report, with the growth in cattle prices exceeding the rise in retail beef prices, margins for some of Australia’s meat processors could tighten considerably in coming months. “On their own, the high […]
Majority of Ag businesses need stronger cyber-security defences for IoT solutions
Research by Inmarsat, the world leader in global, mobile satellite communications, reveals most agricultural businesses face security challenges when deploying IoT solutions. Those surveyed said poor network security and internal data regulation and compliance requirements are their two biggest concerns, underlining the need for stronger cyber-security defences for their IoT solutions. The research also shows businesses […]