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Beef

Global sustainability goals welcomed

Australia’s Beef Sustainability Framework has welcomed the goals recently announced by the Global Roundtable for Sustainable Beef. The GRSB, a worldwide network of organisations powering progress in sustainable beef, announced a commitment to reduce net global warming impact of beef by 30% by 2030 through global sustainability goals.

Beef prices good for sellers but not for buyers

The cost of a decent steak has risen. Not nearly as much as it could have – given the price of beef on the hoof today. Producers may be getting the best price for their beef but if they’re restocking the herd, they’re paying top dollar for any bought animals. This is a beef boom that doesn’t benefit the beef food chain and the meat processors and consumers are the ones bearing the brunt of the high cattle prices.

Commbank beefs up sustainability loans for agricultural sector

Queensland beef producer Stockyard Group has entered into a sustainability-linked loan (SLL) with Commonwealth Bank, in what is an Australian first for the agriculture industry. The three-year loan has been described by Commonwealth as a landmark transaction, with Stockyard engaging in sustainability measures than will include reducing emissions and a greater emphasis on animal welfare and on people’s well-being.

Farmers concerned about anti-meat UN talkfest

The National Farmers' Federation is seeing red at the United Nations Food Systems Summit and has urged the Government to do its best to stop uninformed and alarmist outcomes being supported. The NFF, on behalf of Australia’s livestock sector is working closely with the Global Meat Alliance, the Global Dairy Platform and other nations, who share our concerns, in responding to the UNFSS.

Could the state buy Bramwell Station?

Wendy Kozicka believes the state government could buy Cape York’s most northern cattle station for conservation. The owner of Bramwell Station said it wouldn’t surprise her if the Queensland government made an offer to buy the property before it goes up for auction on August 11.

Red meat Levy Payer Register in operation

Meat and Livestock Australia (MLA) has this month commenced the development of the cattle and livestock Levy Payer Register. The Register is a database of the details of individuals and organisations who pay red meat industry-specific transaction levies. It has been created to enable Rural Research and Development Corporations (RDCs), such as MLA, to better understand and more effectively communicate and collaborate with their levy payers.

Brisbane investor snaps up prized Wagyu station

South East Queensland’s Shamrock Vale Station and its world-class Wagyu operation has been sold to a Brisbane-based buyer for $27 million. Spanning 1,857 hectares in the Kerry Valley area of south east Queensland’s Scenic Rim on the Albert River, the property has fertile alluvial cultivated river flats running to undulating ridges and gullies, with plateaus of sheltered grazing.

Whiteface bull sets a record

A hereford bull smashed a Northern Rivers Livestock Exchange sales record last week. The bull fetched $16,000 at the annual Ramsey & Bulmer Bull and Female auction. The price was $7000 more than last year’s top-priced seller.

Bumper winter crop predicted to put Australian agriculture on top

A record-breaking 2020-21 harvest across Australia has been reflected in NAB’s Agribusiness data showing business transactions from grain growers have surged following record production levels.

Williams acquires 718ha Sorell Creek

Agribusiness identity David Williams has added to his rural portfolio with the $3 million acquisition of Sorell Creek, spanning 718 hectares on the Derwent River north of Hobart. About 19 kilometres from the capital, the property reportedly may be used by Williams for sheep or salmon farming, and as a future land bank play. It previously held a permit for a 43 lot subdivision. About 241 hectares is zoned for rural living.

Cattle comp at Beef Week

Check the form of some of the winners at Beef Week at Casino.

Global and local factors driving record beef prices around world

A combination of global and localised factors is creating a “very tight” global beef cattle market – with strong demand and record high prices in many regions throughout the world – and this is coinciding with a fundamental shift in international market dynamics, Rabobank says in a newly-released report.

Chinese demand for Australian beef still strong

Australian Property Journal. Low cattle supply across the country is a major driving force in the current tight conditions in the global beef cattle market. According to the Rabobank Q2 Beef Quarterly report, the beef market is so tight, with growing demand, that localised disruptions, including conditions in Australia, are having a far greater impact on trade and prices than typically seen.

Global meat sector to engage in UN Food Systems Summit

The global meat sector will be holding a Food Systems Dialogue on Wednesday 26 May (AEST) to inform the first-ever United Nations Food Systems Summit which will take place in New York in September. The inaugural Food Systems Summit is drawing on the input of global experts to identify sustainable solutions for the future of food.

Gentle giant takes grand champion title at Rocky

Mateo managed to knock off the competition and win the ribbon for Australian champion at Beef Australia in Rockhampton last week. Now the 20-month-old Mateo Little Valley Braford bull is headed to Primex and Beef Week.

Elders upbeat on earnings with a positive crop outlook

Agribusiness Elders, reporting a strong lift in sales and profit for the half year to March, is upbeat on the rest of the year with improved winter cropping conditions and good cattle prices. Sales at Elders were up 22% to $1.1 billion and statutory profit was 31% higher at $68.2 million.

Lot feeders see BunkBot in action

The first BunkBot demonstration at Mort & Co’s Pinegrove Feedlot near Millmerran, Queensland, was deemed a huge success with lot feeders describing the new technology as a real game changer for the industry. Five more demonstration days are planned until September 2021.

Creator of portable in-paddock weighing system wins MLA Producer Innovation Award

Armidale producer Bill Mitchell has won the 2021 Meat & Livestock Australia (MLA) Producer Innovation Award for his remote cattle weighing system, Optiweigh, that enables in-paddock weighing and monitoring. Mr Mitchell was presented the award last night at the Rabobank Beef Industry Awards presented by Queensland Country Life, at Beef Australia 2021 in Rockhampton. Optiweigh is a fully portable in-paddock weighing system that works in all environments, does not require animal training, and does not require installation of additional infrastructure.

Australian beef industry’s sustainability report card released

Animal welfare practices and tracking the industry’s sustainability credentials are top of mind for beef producers, according to the Australian Beef Sustainability Framework (ABSF) latest annual update. The latest Australian Beef Sustainability Framework (ABSF) annual update, the fourth since its inception, was launched at the ABSF’s seminar at Beef Australia 2021 in Rockhampton today.

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