Weekly genetics review: Valuing EBV data – a grassroots perspective

Genetics and genetic improvement formed the basis of a number of sessions across the program during the recent Beef 2024 event in Rockhampton. The sessions, ranging from producer case studies to recent research and project results, offered anyone attending the event more than ample opportunity to listen and ask about the value and role genetic selection and methods have within northern or southern beef herds. ..Read More

Genetics editor Alastair Rayner, 02/07/2024

Beef breed popularity trends since 2016

Breed registration data and the recent Beef Producer Intentions Survey both provide some insight into the statistically most popular beef breeds across Australia. ..Read More

Genetics editor Alastair Rayner, 02/07/2024

Weekly kill: Grids mostly steady, as mid-winter arrives

Apart from a few 10c/kg adjustments to line-up with local competitors’ offers, most direct consignment slaughter grids were unchanged across the eastern states this week…Read More

Jon Condon, 02/07/2024

Livestock groups raise concerns as live sheep ban passes Senate

Cattle industry groups have raised concern about the precedent set by the Senate last night giving a ban on live sheep exports the green light…Read More

Beef Central, 02/07/2024

Wellard to sell one of its two remaining livestock carriers

Publicly-listed livestock vessel charterer Wellard Limited has announced the sale of one of its last two remaining vessels…Read More

Beef Central, 02/07/2024

Meat processors pick up renewable energy grants

TWO large red meat processors have picked up Federal Government grants as part of the Australian Renewable Energy Agency program to deploy novel renewable technologies. Awarded as part of ARENA’s..Read More

Beef Central, 02/07/2024

High supply still the dominating factor of goat markets

Australia looks to be heading for another year of record goat production, with high numbers still the dominating factor of the market…Read More

Eric Barker, 02/07/2024

Weekly rainfall update + rainfall outlook 2 July 2024

Weekly totals of 25-50 mm were recorded in many areas in the west of Western Australia, south-eastern Australia, north-west New South Wales extending into north-east South Australia and south-west and central-eastern Queensland…Read More

Bureau of Meteorology, 02/07/2024



Industry Dashboard

Carbon Trading Market

Aust. Carbon Credit Units (ACCUs) - $/tonne of CO2 equiv.

Today

34.25
Source: Jarden

$A / $US

Updated 7am daily

Today

0.6660
Source: NAB

ASX Market Index

03 Jul 2024 (updated 10am daily)
Company Price Trending
Elders $8.96
Australian Agricultural Co $1.52
Graincorp $7.29
Ridley $2.12
Woolworths $36.64
Wellard $0.06
Source: ASX

Beef Kill

Eastern States, weekly

Last Week

142390
Source: MLA's NLRS

EYCI

Eastern Young Cattle Indicator, c/kg

Today

581.1
Source: MLA's NLRS

90CL Cow

Imported 90CL cow beef price. Landed US, Ac/kg CIF

Today

915
Source: Steiner Consulting, MLA

Live Export

Live export feeder steer prices ex Darwin (c/kg liveweight)

Today

300
Source: Trade contacts

SOI

Southern Oscillation Index (SOI)

Today

-3.90
Source: Australian Bureau of Meteorology

Feeder Steer

NLRS-reported yards (feedlot buyers only); 0-600kg, 0-2T, c/kg LW

Today

322.6
Source: Feeder Steer

Optimise herd health, production, and fertility. Save substantial time and money.

Click here to learn more

What readers are saying

CA urged to go “toe-to-toe” with environmental groups on deforestation

Well said David. I well and truly share your frustration. Enough is enough. Being dictated to by ignorant extremists often funded by our tax dollars via weak governments simply....

Ian McCamley
More
CA urged to go “toe-to-toe” with environmental groups on deforestation

The original event which led to this process was what is referred to as the ‘Rockhampton Round Table’, the event was first proposed by members of the AgForce Cattle....

David Hill
More
Denmark to bring in $144.5/head methane tax

The first thing which jumps out in this artificial green religious crusade is that as usual, as always happens, as the powerful always do, the attack is directed at....

Peter Dunn
More
One Teal turns away from live sheep ban, while others go after live cattle exports

Ms Steggall should stick to what she knows and is good at which is going over jumps at the snow fields.She lives in a bubble on the northern beaches....

Michael lyons
More

News

Renewable energy forums to kick off in Miles next week

A series of Queensland community renewable energy forums will kick off in Miles next week, with more to regional events to follow…Read More

Beef Central, 02/07/2024

Ten useful tips to help avoid dark cutting/high PH penalties

Partitioning slaughter cattle drawn from separate paddocks on separate vendor declarations before consignment, and avoiding overnight lairage before slaughter were listed among a bunch of handy tips to help mitigate dark cutting in slaughter cattle offered to producers recently. The University of New England’s Dr Peter McGilchrist told a producer audience that there were a number of methods to try to reduce dark cutting penalties in cattle sold weight and grade…Read More

Jon Condon, 01/07/2024

CA urged to go “toe-to-toe” with environmental groups on deforestation

Cattle Australia has been urged to go “toe-to-toe” with environmental groups on deforestation targets, as the organisation works towards developing a definition of deforestation in the Australian context…Read More

Eric Barker, 01/07/2024

Picking the EYCI 12 months out: What can we learn from our forecasts so far?

‘It is difficult to make predictions, especially about the future’, is a maxim (attributed to Yogi Berra, an American baseball player and coach) that I subscribe to.  Another is Warren..Read More

Ian McLean, Bush Agribusiness, 01/07/2024

Markets

High supply still the dominating factor of goat markets

Australia looks to be heading for another year of record goat production, with high numbers still the dominating factor of the market…Read More

Eric Barker, 02/07/2024

Heifer prices softer in smaller 12,416 head AuctionsPlus offering

Numbers offered fell substantially for the final sales of the 2023-24 financial year, decreasing by 26pc on the previous week to 12,416 head. Despite a tighter supply pool, heifer prices softened, while clearance improved slightly on the previous week to 56pc…Read More

Beef Central, 30/06/2024

Wagga sale 1 July 2024: Tighter market with some buyers absent

The reduced presence of feedlot buyers in the steer market caused a downward trend in prices. Feeder steers experienced a price drop of 20c to 30c/kg, especially among the lighter weights…Read More

Leann Dax, 01/07/2024

Dalby sale 25 June 2024: Southern export operators active

Light weight yearling steers to restockers could not maintain the levels of the previous week while the medium and heavy weight feeders improved in price…Read More

Trevor Hess, 27/06/2024

Sponsored Content

Aussie smart ear tag making inroads into major beef markets around the world

A smart ear tag, developed in Australia, has been making significant inroads into major beef markets around the world, including the United States, Brazil, the European Union, and the United Kingdom…Read More

Sponsored Content, 24/06/2024

Exciting opportunity to drive further growth of progressive breed society

Herefords Australia are currently recruiting for a new Chief Executive Officer (CEO) to lead a dedicated team of skilled staff and continue to drive business growth in collaboration with a young and progressive board of directors…Read More

Sponsored Content, 07/06/2024

Explainer: Soil carbon projects for mixed farming systems

Select Carbon provides an overview of production focused, science-based soil carbon projects for mixed farming systems in Australia. ..Read More

Sponsored Content, 03/06/2024

44,000ha best-in-class grassfed beef operation in Paraguay comes to the market

An unprecedented land and beef production investment opportunity is available in the ‘best business climate in South America in 2024’ – Paraguay. The 44,000ha, institutional-scale acquisition of 54,000 head of high value, grassfed brand-renowned Brangus cattle in the Chaco region of Paraguay is for sale for circa US$90 million, through Brown&Co…Read More

Beef Central, 06/05/2024

Production

Ten useful tips to help avoid dark cutting/high PH penalties

Partitioning slaughter cattle drawn from separate paddocks on separate vendor declarations before consignment, and avoiding overnight lairage before slaughter were listed among a bunch of handy tips to help mitigate dark cutting in slaughter cattle offered to producers recently. The University of New England’s Dr Peter McGilchrist told a producer audience that there were a number of methods to try to reduce dark cutting penalties in cattle sold weight and grade…Read More

Jon Condon, 01/07/2024

Weaning an ideal time to vaccinate for tick fever

With weaning occurring across Queensland, beef producers in ticky country are being encouraged to vaccinate their cattle for tick fever. Last year saw tick fever incidence under-reported in many areas, Beef Central was told this morning…Read More

Beef Central, 27/06/2024

Grassland conference to sort fact from fiction

The Grassland Society of Southern Australia’s (GSSA) annual conference will help farmers sort fact from fiction when it returns to Bendigo for the first time in more than 25 years…Read More

Beef Central, 03/06/2024

Better pre-calving nutrition boosting health outcomes in northern cattle herds

Improving nutrition a few weeks before calving is successfully boosting health outcomes for both calves and breeders under challenging grazing conditions in Northern Australia. The Calf Alive project is trialling ways to overcome the impacts of poor diet and heat stress on beef properties in North Queensland and the Northern Territory…Read More

Beef Central, 31/05/2024

Processing

Weekly kill: Grids mostly steady, as mid-winter arrives

Apart from a few 10c/kg adjustments to line-up with local competitors’ offers, most direct consignment slaughter grids were unchanged across the eastern states this week…Read More

Jon Condon, 02/07/2024

Meat processors pick up renewable energy grants

TWO large red meat processors have picked up Federal Government grants as part of the Australian Renewable Energy Agency program to deploy novel renewable technologies. Awarded as part of ARENA’s..Read More

Beef Central, 02/07/2024

Weekly kill: Grids continue to slide as northern supply lifts

The general trend in direct consignment grid pricing in northern regions is down this week, as supply pressure continues to mount, in the face of processing labour capacity limitations…Read More

Jon Condon, 25/06/2024

Red Meat R&D Update: Extracting kokumi – the new umami – from red meat

Kokumi, the sixth taste sensation after sweet, sour, salty, bitter, and umami, is the subject of a new AMPC research program. Kokumi is a feeling which can be described as perceived richness and roundness that heightens the other five tastes and prolongs their flavour…Read More

Beef Central, 19/06/2024

Lotfeeding

Feedgrain Focus: Prices drop as south’s season gains ground

Winter cereal prices have dropped by up to $20/t in the past week in response to softer global markets, welcome rain in SA and Vic, and transfers out of warehousing…Read More

Liz Wells, 24/06/2024

Research working towards redefining how feedlot methane emissions are predicted

Recent research has shown that a 1979 vintage equation used to determine the levels of enteric methane emissions from feedlot cattle may overestimate the numbers…Read More

Beef Central, 18/06/2024

Feedgrain Focus: Southern dry boosts local demand

Dry conditions in SA and western Vic have boosted demand for feed barley to lift up-country prices above weakening export values…Read More

Liz Wells, 17/06/2024

Consumer expectations, animal welfare and innovation feature in info-packed BeefEx feedlot conference program

Consumer expectations, animal welfare and the standoff between renewable energy infrastructure and food production will feature among the hot topics being explored at this year’s biennial BeefEx 2024 grainfed beef industry conference being staged in October…Read More

Beef Central, 11/06/2024

Live Export

Livestock groups raise concerns as live sheep ban passes Senate

Cattle industry groups have raised concern about the precedent set by the Senate last night giving a ban on live sheep exports the green light…Read More

Beef Central, 02/07/2024

Wellard to sell one of its two remaining livestock carriers

Publicly-listed livestock vessel charterer Wellard Limited has announced the sale of one of its last two remaining vessels…Read More

Beef Central, 02/07/2024

One Teal turns away from live sheep ban, while others go after live cattle exports

With the live sheep ban passing the house of representatives and heading for the senate, members of the crossbench have started the campaign against live cattle exports…Read More

Eric Barker, 27/06/2024

Live sheep export bill passes House of Representatives

Legislation to ban live sheep exports by seas on 1 May 2028 has passed the House of Representatives today, with the sheep industry now focused on getting a Senate inquiry into the trade phaseout and shoring up any crossbench support for the Senate vote tonight…Read More

Terry Sim, 26/06/2024

Trade

Imported trimmings prices rise in the US, but discounts over US domestic beef remain near record high

There’s been a moderate improvement in imported manufacturing beef prices into the US over the past fortnight, however a near-record large discount still applies between imported and domestic US product…Read More

Beef Central, 24/06/2024

Stronger beef exports underpinning domestic wholesale market prices

Higher levels of beef export activity are helping insulate the domestic Australian wholesale beef market from winter price falls, contacts in the wholesale trade have told Beef Central this morning…Read More

Jon Condon, 19/06/2024

May beef exports hit highest monthly number since 2019

Growing international demand for Australian beef as US production slows, combined with higher rates of beef production in Australia have pushed May export volume to levels not seen since the 2019 period when drought herd liquidation was in full swing…Read More

Beef Central, 05/06/2024

Meat freshness labels could replace use-by dates

Patches that change colour as raw meat freshness deteriorates in sealed refrigerated products could soon become a reality on supermarket shelves, making it easier for shoppers to know if it’s still good to eat and reducing food waste…Read More

Beef Central, 29/05/2024

Genetics

Weekly genetics review: Valuing EBV data – a grassroots perspective

Genetics and genetic improvement formed the basis of a number of sessions across the program during the recent Beef 2024 event in Rockhampton. The sessions, ranging from producer case studies to recent research and project results, offered anyone attending the event more than ample opportunity to listen and ask about the value and role genetic selection and methods have within northern or southern beef herds. ..Read More

Genetics editor Alastair Rayner, 02/07/2024

Beef breed popularity trends since 2016

Breed registration data and the recent Beef Producer Intentions Survey both provide some insight into the statistically most popular beef breeds across Australia. ..Read More

Genetics editor Alastair Rayner, 02/07/2024

Webinar: AA Co’s Poll Wagyu breeding project, from modelling to implementation

Breeding herds with an increasing proportion of polled animals is a topical subject in the Australian beef industry. In this upcoming Beef Connect webinar, AA Co’s Matt Kelly and James Copley will discuss breeding for polls in the company’s Wagyu herd, and its challenges, and the use of a ‘digital twin’ model to drive better decision-making..Read More

Beef Central, 01/07/2024

Former RMAC chief executive appointed new CEO of Herefords Australia

One of the nation’s most senior red meat industry leaders has been appointed to take over the role of chief executive officer at Herefords Australia Limited…Read More

Beef Central, 26/06/2024

Ag Tech

Artificial intelligence is being trained to monitor cattle

DAF and Infarm have collaborated to create a prototype automated camera system to detect cattle and monitor their condition using advances in machine vision and artificial intelligence.
..Read More

Beef Central, 03/06/2024

Study takes sky-high approach to animal welfare in WA

Researches learned that drones could be very effective and efficient, increase biosecurity, reduce work health and safety risks, and reduce stress to the animals…Read More

Guest Author, 12/04/2024

50pc rebates for smart farming tech available through $30 million On Farm Connectivity Program

Applications are open for Round 1 of the Albanese Government’s new On Farm Connectivity Program (OFCP) to increase the uptake of agtech to boost productivity, growth and sustainability of Australia’s primary producers…Read More

Beef Central, 11/12/2023

Sunshine Coast business wins Ag category award at Innovate with nbn 2023

A company helping butchers to monitor the cooking and cooling temperatures of all cooked/dried products was named as the Agriculture category winner of the 2023 Innovate with nbn Grants Program awards announced last night in Sydney…Read More

Beef Central, 27/11/2023

AgProperty Central

Kimberley’s Kalyeeda EOI to end 25 years for the Camp family

Offers above $30 million are likely for Western Kimberley region breeding and growing property Kalyeeda, being offered to the market after 25 years of ownership by Peter Camp and family…Read More

Beef Central, 26/06/2024

Weekly property review: Recently completed sales

Western Qld’s Cawnpore makes $18m | Blackall powerhouse makes $25.5m | Sought-after CQ bullock country makes $20m | Liverpool Plains country makes $17m+ | $6m for Western Downs grazing | $3.6m for Qld block offering water & grass..Read More

Property editor Linda Rowley, 26/06/2024

Movement at the station: Recent property listings

Scale in NSW’s New England | Historic Werris Creek property offers diversity | Ogilvie family lists two picturesque northern NSW holdings | $10m for a slice of Tamworth history | Qld’s Thomson River holding lists after 100 years..Read More

Property editor Linda Rowley, 26/06/2024

Carbon markets: Are all carbon projects’ ACCUs worth the same?

ARE all carbon projects’ ACCUs worth the same? The answer may not be as simple as what some assume – the market for properties subject to carbon projects is still relatively immature, and as the market matures it is expected that clear market trends may emerge, HTW says…Read More

Bart Bowen and John Gunthorpe, HTW, 26/06/2024

AgCarbon Central

CA addresses key questions about its deforestation definition

Cattle Australia has addressed some key questions about its definition of deforestation in the Australian context, highlighting how it is adapting international definitions of forest to Australian land management practices…Read More

Eric Barker, 28/06/2024

Denmark to bring in $144.5/head methane tax

Denmark has become the latest country to make plans for taxing livestock methane emissions – with the Government making a deal with its local dairy industry to implement a $144.5 (672 krone)/cow/year tax by 2030…Read More

Beef Central, 27/06/2024

Microsoft makes record breaking purchase of 8m carbon credits

Global tech giant Microsoft has made what is claimed to be the largest exchange of carbon credits ever, with a Brazilian investment bank saying it has agreed to a 19-year deal worth 8m carbon credits…Read More

Eric Barker, 21/06/2024

Weekly property review: Methods in establishing realistic stocking rates

In this week’s property review, buyers are being urged to put time into understanding what an asset can run in terms of livestock, to give them a clearer picture of potential value…Read More

Property editor Linda Rowley, 19/06/2024

Sheep Central

Weekly rainfall update + rainfall outlook 2 July 2024

WEEKLY rainfall totals of 25-50mm were recorded in many areas in the west of Western Australia, south-eastern Australia, north-west New South Wales extending into north-east South Australia, and south-west and..Read More

Below average July rainfall likely for Australia’s far south

BELOW average rainfall is likely - 60 to 70 percent chance - across much of far southern Australia including Tasmania in July, according to the Bureau of Meteorology...Read More

Recruitment: ‘More to Meat’ campaign targets meat workers

THE Australian Meat Processor Corporation’s latest round of advertising as part of its More to Meat campaign has recently wrapped up, before it recommences later in the year...Read More

NZ lamb output set to moderate as Australian turn-off peaks

NEW Zealand lamb output is likely to moderate later this year as Australian production increases, according to Meat & Livestock Australia...Read More

Grain Central

Asbestos impacts services at South Perth DPIRD site

An asbestos issue in mid-June has shut down the DPIRD South Perth site, where around 300 personnel were working at the time in mainly grain and livestock-related fields...Read More

Perdaman on track as other urea projects stymied

The dream of multi-site domestic urea production has suffered a setback, with WA's Strike Energy abandoning Project Haber and SA's NeuRizer announcing indefinite delays at Leigh Creek...Read More

Narrogin to host WA’s inaugural OATSPO

Narrogin, in the heart of WA's oat-growing area, is hosting its inaugural OATSPO in September to bring together researchers, growers and industry stakeholders...Read More

Victoria’s Australian Plant Proteins enters administration

Pulse isolates manufacturer Australian Plant Proteins has entered voluntary administration, with hopes a buyer or investor can step in to allow operations to continue. ..Read More

Get Beef Central's news headlines emailed to you -
FREE!