Angus bull clinches record sale price
Wyatt W50 was the most impressive bull at a NSW Central West sale and went on to sell for a record $420,000 The price paid for super elite Angus bull Wyatt W50 at 19 months of age beats the previous highest bull price paid for an Angus in 2023, and also beats the highest-priced beef […]
Beef market gets a reset as China quota reached
Cattle prices at near record prices right up until late July may see further short-term easing before China comes back on track The triggering of a range of trade restrictions – primarily from China – is beginning to reshape beef flows around the world, according to a just-released report. The specialist agribusiness bank, Rabobank, outlines […]
Beef pilot traces produce from paddock to plate
At the end of a 12-month pilot program the Aussie beef industry looks at how provenance credentials could add value Following the results of 12-month pilot investigation into the Beef industry it appears that the origin of the area the beef is grown may well affect the price producers can expect to receive moving forward. […]
Beef Pro upgrades virtual fencing with live performance data
Halter’s Beef Pro is offering producers insights into pasture grazing and herd performance for more overall management support Halter who first introduced their solar-powered GPS-enabled collars for virtual fencing to Aussie producers for testing in 2022, before their launch in 2024, has further upgraded its tech to include a more interactive farm management system with […]
Beef exports are at record-breaking levels and rising
Beef producers are flat out keeping up with the high demand for Aussie beef with many world markets clambering for our product A combination of stronger global beef markets, favourable seasonal conditions in key beef-producing regions and higher local cattle inventory is supporting record-breaking production volumes, according to a research report by agribusiness banking specialist […]
Cattle market is in balance with price upside potential ahead
With the Bureau declaring El Niño is over it’s expected beef prices will be relatively stable in 2024 trading in a band between 600 to 750c/kg cwt The cattle market is sitting in a “state of balance” – with improved beef production waiting on an increase in demand – while an upside in prices is […]
Cargill facilitates methane emissions reduction verification for beef producers
SilvAir feed supplement helps the global beef industry move toward a reduction framework and for measuring methane emissions Beef producers are leading the way toward the future of sustainable agriculture and hold the ability to mitigate methane emissions that affect climate change. This opportunity has come about following Cargill’s partnering with TREES Consulting to develop […]
Beef cattle market remains strong as herd rebuilding kicks in
Local beef production is expected to rise in the second half of 2023 following two seasons of herd rebuilding Australia’s beef production is forecast to rise by 6% through the second half of 2023, with output to sit in line with the five-year production average, according to the latest Rural Bank report. This comes on […]
AACo strategy delivers near $20 million profit increase in FY23
Operating profit for AACo jumped to AU$67.4 million with a higher margin set at 21.5% from total revenue of AU$313.4 million In a year of plenty in the broadacre sector, the biggest cattle industry outfit, the Australian Agricultural Company Limited (AACo)(ASX:AAC) has released its fiscal year 2023 (FY23) results, announcing a 35% increase in operating […]
Cattle producers may have to contend with short term price drops
However the longer-term outlook is more positive as a decline in US supply could provide greater export opportunities Analysts are tipping cattle prices will remain under some downward pressure for the next few months, and for many, that’s simply a continuation of the steady decline seen in recent weeks according to Rural Bank. The Eastern […]