Oct 17, 2018
Tenterden Station, Gyra, NSW makes $17 million at Auction
By Lyndsey DouglasNew business Ray White Rural NSW made its first sale today with Guyra’s “Tenterden Station” purchased for $17million at an auction held in Sydney.Directors Andrew Starr and Bruce Birch (pictured) sold the property…
Oct 17, 2018
The long-awaited divestment process of Consolidated Pastoral Company (CPC) has begun
The Australian agribusiness announced the sale of Nockatunga Station, a bullock fattening operation located in southwest Queensland, to the Harris family’s Cleveland Agriculture.Spanning more than 850,000 hectares (2.1 million acres),…
Oct 17, 2018
Beef industry builds on Sheep CRC Supply Chain Group legacy
The Sheep CRC will leave a legacy of meat processing innovation that will benefit not just lamb producers for years to come, but the beef industry as well.The red meat industry’s National Supply Chain Group is this week meeting in…
Oct 17, 2018
Wool Market pounded today
Karee Wool market report, SMI: 17th of October18: 2524 -3919: 2364 -2520: 2252 -2621: 2231 -3222: 2219 -4323: 2186 -2028: 845 -15MC: 1583 -13AUSD: 71.4Ad - After a successful Ram Sale, Wallaloo Park now has Grade Rams and Semen available…
Oct 17, 2018
Agriculture: In the age of outrage
By Andrew Whitelaw We inhabit a world of outrage, which has only been amplified by the ability to generate considerable 'noise' on social media. It can seem like agriculture is under constant threat from campaigners with various outrages…
Oct 16, 2018
Farm Tender introduces DelayPay
Farming is changing, and as a business working with Farmers, we have to change and innovate as well.So as from today, we are introducing DelayPay. DelayPay lets you buy what you need now and pay for it later. It works for everything…
Oct 16, 2018
Wattle Grove Speckle Park Bulls to $25,000, Females to $20,000
Wattle Grove Speckle Park Stud, Oberon, NSW held their annual Sale on Saturday.In a red-hot Sale, they offered up 23 Bulls and sold the lot to an outstanding average of $12,891. Lot 11, Wattle Grove Wizard N83, sold to Outwest Speckle…
Oct 16, 2018
Grassy Creek Merino Rams to $6500
Grassy Creek Merino Stud, Boorowa, NSW held their on-property Ram Sale on MondayThey entered 138 Rams and sold 137 to a top price of $6500The sale average was $2451 and the gross came in at $335,787 for the Corkhill familyhttp://grassycreekmerinos.net.au/Ad…
Oct 16, 2018
Mecardo Analysis - A look back at the past, to see the ‘futures’
By Andrew Whitelaw | Source: CME. The use of financial price risk management tools by farmers remains quite low, with very few producers utilizing the opportunity to minimize their price risk. In this update, we provide a simple analysis…
Oct 16, 2018
Mecardo Analysis - September mourning for processor margins, or is it?
By Matt Dalgleish | Source: MLA, Mecardo.The Mecardo cut-out model shows processor margins narrowing 70% over September, as rising input prices put the squeeze on meat works. Although, it’s not all doom and gloom as margins remain…
Oct 16, 2018
Mecardo Analysis - Forward contracts breaking with tradition
By Angus Brown | Source: MLA, TFI. With rising concerns surrounding the supply of finished lambs during the summer, export processors have released forward contracts. We say the forward contracts are breaking with tradition because…
Oct 16, 2018
Mecardo Analysis - Merino wool supply is low and tricky to analyse
By Andrew Woods | Source: AWEX, ICS. Merino wool production in Australia (which given low stock levels equates to supply) is a hot topic in the supply chain. Participants are coming to grips with a market which has strong demand,…
Oct 15, 2018
Lamb prices gain momentum at Bendigo - Sheep dearer in tightening supply
Yarding - 31,239 (down 4842)Lambs - 24,100 (up 2309)Sheep - 7139 (down 7151)There was a modest lift in lamb numbers to 24,100 head, while sheep numbers halved as the cull, due to the dry season, starts to slow. Quality in the lamb…
Oct 15, 2018
AWI's concern over a 1.5% levy and production loss due to the drought
AWI is cautioning eligible levy payers to strongly consider their vote at WoolPoll, given the recent significant decrease in wool production anticipated in the coming seasons as a result of the drought.AWI Director Don Macdonald highlighted…
Oct 15, 2018
CBH add 1.5 million tonnes of storage and new Equipment for the 2018/19 Harvest
The CBH Group has added more than 1.5 million tonnes of storage capacity to its network as it completes more than 20 projects that will help reduce waiting times for Western Australian growers.With first grain deliveries just days…
Oct 15, 2018
Grain Bags get the tick of approval as a viable storage option
* Use of on-farm grain bags at harvest is gaining popularity in WA to help manage logistics * Research shows grain can maintain acceptable moisture levels during summer storage in grain bags * Seed germination rates of 99-100…
Oct 15, 2018
Unlocking more trade opportunities for the Australian red meat industry
The Australian Meat Industry Council (AMIC) welcomes the introduction of the Comprehensive and Progressive Trans Pacific Partnership (CPTPP) in the Senate this week.AMIC CEO Patrick Hutchinson says agreements like the CPTPP are a…
Oct 14, 2018
Depta Grove White Suffolk Rams to $26,000
Depta Grove White Suffolk Stud, Jeparit, Vic held their on-property Ram and Ewe Sale on ThursdayThey offered up 30 Stud Rams and sold them all to an average of $5167. Lot 72 was the top-priced Ram which sold to Camborn, White Suffolk…
Oct 14, 2018
Murray River Organics announce $30.6m equity raise
Yesterday, Murray River Organics (ASX:MRG) announced a fully underwritten $30.6m equity raising to support the Company’s turnaround strategy and to fund the needs of its growing business. MRG has also secured a 3 year debt facility…
Oct 14, 2018
Ag Tech Sunday - Tasmania’s Agrivision 2050 goal of a 10 billion dollar agrifood future!
By Laurie BonneyInnovation and entrepreneurship, incubators and accelerators, and innovation platforms are frequent topics for the media and discussion amongst colleagues or friends. The ratings winning television series ‘Shark Tank’…
