Senator Advocates for Stricter Meatpacking Antitrust Laws
U.S. Senator Josh Hawley (R-Mo.) recently introduced a federal bill aimed at dismantling large meatpacking and poultry monopolies. This move comes in the wake of Tyson Foods Inc.’s announcement to close two poultry facilities in Dexter and Noel, Missouri, in August. The proposed “Strengthening Antitrust Enforcement for Meatpacking Act” seeks to amend the Packers and […]
Mystery Surrounds Large Meat Dumping in Christchurch’s Public Bins
Residents of Christchurch have been left puzzled as nearly 670 kilograms of meat have been discarded in the city’s public bins in recent weeks. The Christchurch City Council has highlighted the financial implications of such actions, revealing that the cost of clearing up fly-tipping from the city’s roadsides has exceeded $800,000 over the past six […]
New Zealand’s Economic Landscape: A Brief Respite Amidst Looming Challenges
New Zealand’s economy appears to have made a modest recovery from a brief recession in the second quarter, driven largely by a significant rise in immigration. According to a median estimate from a Bloomberg survey of economists, the Gross Domestic Product (GDP) saw an increase of 0.4% in the three months leading up to June. […]
Harnessing AI in Manufacturing: Insights from Pack Expo
At the recent Pack Expo held in Las Vegas, Andy Lomasky, Senior Director of IT for PMMI (the Association for Packaging and Processing Technologies), shed light on the transformative potential of artificial intelligence (AI) in manufacturing. Lomasky’s session, titled “Exploring the Power of AI in Manufacturing,” delved into the advantages and challenges of integrating AI […]
Automated Bunk Management: A Leap Forward in Feedlot Efficiency
In a groundbreaking collaboration, Meat & Livestock Australia (MLA), Bovine Dynamics, the University of Queensland, and Manabotix have developed an algorithm for automated bunk scanning. This innovation promises time savings and enhanced decision-making accuracy for the beef feedlot sector. The study compared three feed allocation methods: fully automated, semi-automated, and non-automated. The results showed that […]
Trends Shift in Australian Feedlot Industry: Analyzing Feeder Prices, Grain Costs, and Days on Feed
Recent data reveals a notable shift in the dynamics of Australia’s feedlot industry. Here are the key insights: Feeder Cattle and Grain Prices Historically, feeder cattle and feed grain prices have shown an inverse relationship. This means when one rises, the other typically falls. This relationship is influenced by two primary factors: weather conditions and […]
Government’s Delay on Meat Labelling Recommendations Draws Criticism
Last year, a senate inquiry strongly recommended the implementation of mandatory meat labelling laws. This recommendation garnered support from both the Government and opposition Senators. However, the Federal Department of Agriculture is now revisiting the issue, seeking further opinions from the industry. Adam Coffey, the interim CEO of Cattle Australia, has urged the Albanese Government […]
Microwave Technology: A New Frontier in Analysing Fat Depth in Cattle
Murdoch University’s Advanced Livestock Measurement Technologies program (ALMTech) is pioneering the use of microwave technology to enhance the precision of livestock measurements. This innovative approach aims to improve genetic selection, provide detailed carcass feedback, and ensure beef and lamb carcasses meet market specifications. Dr. Graham Gardner, ALMTech’s chief investigator, highlighted the advantages of this technology […]
Australian Beef Exports to US Surge Amid Robust Demand
Australia has witnessed a significant uptick in beef exports to the United States, with a 72% increase from 2022 levels. This surge can be attributed to the robust American demand for lean cow trimmings, which has positively influenced the 90CL imported cow indicator. Despite the increase in supply, the 90CL indicator has consistently remained above […]
Weekly Update on Australian Cattle and Sheep Markets
Australia’s livestock market witnessed several shifts in the week ending 15 September 2023. Here are the key takeaways: Cattle Market Dynamics Sheep Market Insights Slaughter Figures Additional Notes
