Beef

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.