Weekly Overview of Cattle and Sheep Markets
Meteorological Update: The Bureau of Meteorology has announced the onset of El Niño and a positive Indian Ocean Dipole. These meteorological phenomena suggest that the upcoming spring and summer seasons are expected to be warmer and drier than usual, consistent with earlier predictions by the Bureau. Cattle Market Insights: The overall trend in cattle indicator […]
Live Exports Update
Key Points Detailed Analysis Despite facing significant challenges in August, the live cattle export numbers showed a promising increase. The growth of 22% from the previous year’s levels in August is in line with the upward trend observed throughout 2023, especially when compared to the subdued figures from 2022. Indonesia’s Market Dynamics The Indonesian government’s […]
Australian Cattle Producers Brace for a Challenging Summer
Australian cattle producers are gearing up for a demanding summer, influenced by the simultaneous occurrence of an El Niño declaration and a positive Indian Ocean Dipole weather event. Adam Coffey, the Interim CEO of Cattle Australia, highlighted that these conditions indicate a warmer spring and summer with potentially decreased rainfall across Australia. Producers in the […]
Federal Government Supports Nature-Based Reporting for Financial Lenders
The Australian Federal Government has endorsed an international initiative that seeks to establish a framework for financial lenders to evaluate their investments’ environmental risks and opportunities. This comes after the Taskforce on Nature-Related Financial Disclosures unveiled a set of general recommendations for the evolving guidelines. During the preliminary stages of this framework, the government conducted […]
Utilising Machine Learning to Enhance Employee Retention in the Red Meat Processing Sector
Employee retention remains a pivotal aspect of AMPC’s strategic vision. The Australian red meat processing industry often grapples with the challenge of retaining seasoned employees. Recent research conducted by AMPC suggests that machine learning could offer a solution. By predicting potential absenteeism or departures, processors can proactively manage their workforce, ensuring longer tenures. The study […]
JBS Invests in Cultured Protein with New Research Centre
Meat industry leader JBS has initiated the construction of a research and development facility dedicated to advancing cell-based protein. This move signifies JBS’s continued investment in this budding sector. The primary objective of the facility is to enhance the efficiency, scalability, and economic feasibility of cultured protein production. The Biotech Innovation Centre, Brazil’s largest food […]
Sheep Consume Medicinal Cannabis in Thessaly, Greece
In the semi-flooded plains of Thessaly, a group of sheep inadvertently entered a greenhouse cultivating medicinal cannabis and consumed approximately 100 kilograms of the plant. This incident occurred near the town of Almyros, as reported by TheNewspaper.gr. Following their unexpected feast, the sheep exhibited unusual behaviour, leading the shepherd to deduce that they had consumed […]
Lumen Bioscience Targets Methane Emissions Amidst Global Concerns
Lumen Bioscience, a company based in Seattle, has secured $1.5 million from the Wilkes Center Climate Prize to develop a solution to reduce methane emissions from cows. Notably, 97% of these emissions come from cow belching, as highlighted by the U.S. Dairy Council and the National Aeronautic and Space Administration. This initiative addresses growing global […]
ASI Examines Trade Concerns Over Lamb Imports
The American Sheep Industry Association (ASI) has publicised a video podcast detailing the current status of a legal inquiry started a few months ago. This inquiry is centred on the potential filing of a violation of US trade law by lamb importers. Peter Orwick, the ASI Executive Director, provided an update while the association anticipates […]
Meat Processing Facility Expansion to Enhance Supermarket Supply in Western Australia
The Cook Government has expressed its support for a significant multi-million-dollar investment in Western Australia’s meat processing sector. This investment is anticipated to generate 80 new employment opportunities in the region. MAP WA, a joint venture between Western Meat Packer Group (WMPG) and Coles, recently announced an expansion of its state-of-the-art packaging system at the […]
