Beef

What is it about a street parade? ... Beef Week Street Parade draws a massive crowd into the CBD ... St Mary’s Primary School principal John O’Brien wore an 80s inspired outfit and with the students sang 80s hits  Poison  (Alice Cooper) and  Girls Just Want to Have Fun  (Cyndi Lauper) as they walked behind a truck where a gorilla(!) played drums.

US and Canadian genetics dominate world markets, but Genetics Australia’s (GA) beef manager, Damien Thomson, says the time is right for Aussie products to make a mark on the international scene. “Many of the most used sires in Australia are either American or out of American sires,” Mr Thomson said. “But the strength of our Australian bulls, GA’s partnership with GENEX and the upcoming World Angus Forum will open doors for products to go both ways between Australia and America.”

Well known cattle producer Neil Pacholke from Spring Creek came home with a heap of awards from Beef Australia held last week in Rockhampton. Sunny Lawn Brafords were awarded Reserve calf champion heifer, Junior champion bull, Senior champion cow, Grand champion cow, Exhibitors Group and Sire progeny group.

A group of local beef producers has banded together to re-open Corryong’s butcher shop, with a focus on sourcing meat from local farms. Upper Murray Beef (UMB) is a community-driven initiative that was born from the Upper Murray 2030 Plan with an emphaisis on ‘value adding’ to local production.

The biggest beef exposition in the Southern Hemisphere just got bigger with the return of international guests and a throng of passionate locals fuelling record crowds at Beef2024. Support for the event has boomed post-Covid as people converged on Rockhampton, the Beef Capital of Australia, for the week-long festival of cattle culture.

Australia’s national science agency, CSIRO, is adding value to the beef sector, turning red meat into a highly nutritious powder to give an allergen-free protein boost to snacks and beverages, targeting a $3.8 billion health and wellness market opportunity. Taste testings of the innovation are on offer at Beef 2024 in Rockhampton this week, as CSIRO unveils its Just Meat protein powder...

Australia’s cattle market is sitting in a "state of balance" – with improved beef production waiting on an increase in demand – but an upside in prices is expected towards the end of the year, Rabobank says in its Australian Beef Seasonal Outlook 2024. The current absence of any strong demand – along with a higher herd inventory, with no real liquidation or rebuilding urgency...

Australian beef cattle prices are expected to remain elevated over the next year, supported by improved restocker demand on the back of better seasonal conditions and healthy export demand. NAB’s Beef in Focus Report released today reports that after falling to a nine-year low in October 2023, reaching 349c/kg, the benchmark Eastern Young Cattle Indicator (EYCI) is now above the 2015-19 average.

Commercial producers chasing growth, eye muscle area and positive fats pushed prices to $20,000 at the recent Reiland Angus autumn bull sale. Interfaced with AuctionsPlus, the sale was hosted by the Lucas family at Killimicat Station, Tumut and drew 33 registered buyers.

David Jochinke. Recent news that the Government has requested a nine month delay in proceedings will be a bitter blow to victims of the illegal 2011 live cattle export ban ... There is no reason for this delay besides petty politics ... The Government is meant to be a model litigant.

Rising prices for a range of rural commodities including cattle, cotton and dairy have seen the NAB Rural Commodities Index* increase for the fourth month in a row. NAB’s March Rural Commodities Wrap ... reports the Index increased 2.2 per cent month-on-month in February and is back up around levels last seen in April 2023.

Yes, our very own Aaron and Claire from Allora Butchery took on other Butchers and their Apprentice from around the region at the Meatstock Festival held over the weekend at the Toowoomba Showgrounds. The competition was based on speed and accuracy. They each had to bone a chicken, tie 5 kilos of sausages and roll five rissoles.

With limited or negative real wages growth expected in 2024, coupled with the higher cost environment, Rabobank expects global beef consumption will at best remain steady and possibly decline through 2024, with some notable regional variations ... sales are often expected to suffer when economic conditions put pressures on consumer spending.

Following three years of herd growth leading to the largest cattle herd in 10 years in 2023, the Australian cattle herd is expected to ease by less than 1 per cent to 28.6 million head by 30 June 2024, according to Meat & Livestock Australia’s (MLA) latest Cattle Industry Projections.

Cattle Australia has urged the federal government to rethink the role of methane in the beef industry in its decisions on how Australia will tackle climate change in the future. CA, which is the peak council for the grassed beef sector, said a single focus on absolute emissions reduction under current carbon dioxide-equivalent accounting frameworks was detrimental for the beef industry.

Justin Wade, who commenced his career at the Allora Butchery, has been awarded the national title of Young Australian Butcher of the Year at the Australian Meat Industries National competition held in Brisbane on Saturday.

When Matt McCarthy took over the family farm, Ascot Park at Budgee, from father Steve in April 2022, he probably didn’t realise how quickly the new direction he had for the farm would evolve ... The rich black soil of the Darling Downs produces excellent pastures ... Matt and Karla began selling their meat to family and friends.

Australia’s agricultural sector is "moving confidently into 2024", with an overall positive outlook for the nation’s farmers and agribusiness industries in the year ahead, Rabobank says in its newly-released annual outlook ... while agri commodity prices are "well down on the highs seen over the previous two years", the bank’s price forecasts point to "continued positive farm margins in key agricultural sectors in 2024"

The Federal Government has shot an arrow into the hopes of Australia’s cattle industry by rejecting a counter offer in the long-running class action over the unlawful closure of the live cattle export trade in 2011.  NFF Acting CEO, Charlie Thomas, said the Government had ignored an opportunity to address years of financial and emotional pain, and allow claimants to put the saga behind them once and for all.  

The 2023 Australian Beef Eating Quality Insights (ABEQI) report has shown that the Meat Standards Australia (MSA) program generated $463 million in farm gate returns for producers over the past two years. The ABEQI report was generated through the analysis of all MSA graded cattle in the 2021–22 and 2022–23 financial years using data collected by MSA-accredited graders...

For the first time in thirteen months, the NAB Rural Commodities Index saw an increase in November, with cattle prices being the single greatest driver. NAB’s December Rural Commodities Wrap ... reports the Index increased 3.5 per cent month-on-month in November, retracing its October fall to be slightly above its September level.

Southern hemisphere beef-producing nations – including Australia – are continuing to increase production volumes, despite a global trend of production decline, Rabobank says in its recently-released Q4 Global Beef Quarterly report ... "we forecast that 2024 will play out in a similar fashion": Rabobank.