Australian Goat Meat Exports Surge to Record Levels, Shaping Global Market Dynamics
TL;DR: In 2023, Australian goat meat exports soared, reaching the second-highest volume since 2014 and significantly influencing global markets. Prices dropped, yet Australia dominated key markets, notably surpassing New Zealand in China. In 2023, Australian goat meat witnessed a significant upturn in exports, hitting the second-highest annual volume since 2014, with a whopping 33,891 tonnes […]
Australian Lamb and Mutton: Dominating Global Markets
TL;DR: Australian lamb and mutton set record exports in 2023, surpassing 50% of global shares. This growth challenges New Zealand’s market position, especially in China, as logistical issues and competitive pricing dynamics redefine the landscape of global sheepmeat trade. In a striking development, Australian lamb and mutton have hit record production levels, propelling exports beyond […]
NZ Eyes Free Trade Agreement with India Amid Challenges
TL;DR: New Zealand ambitiously pursues a free trade agreement with India, facing challenges due to India’s protectionist policies and the need for sustained diplomacy to access its fast-growing economy. New Zealand’s government is ambitiously pursuing a free trade agreement with India, the world’s fastest-growing large economy. This initiative, while commendable, faces significant challenges due to […]
Navigating Co-Product Markets: An Insight
TL;DR: Co-product prices fluctuate due to supply and demand, affecting industry stakeholders and offering opportunities in sectors like cooking oil and affordable meat options. The saying goes that 80% of an animal’s value is derived from 20% of its body, relegating the rest to ‘co-products’. These include a variety of items like tallow, hides, and […]
Lincoln University’s Dairy Farm Embraces Australian Mining Technology
TL;DR: Lincoln University’s dairy farm is trialling technology from the Australian mining industry to enhance sustainable farming, focusing on cow health, environmental protection, and digital data integration to support future farming operations and research. Lincoln University’s Integral Health Dairy Farm is pioneering a new approach to dairy farming, utilising technology originally developed for the Australian […]
Embracing Modern Solutions for Drench Resistance on Farms
TL;DR: Beef + Lamb NZ emphasises quarantine drenching for new stock to combat drench-resistant worms, advocating for strategic treatment and management practices to maintain effective farm drench status and prevent resistance spread. Ginny Dodunski of Beef + Lamb New Zealand’s Wormwise program underscores the critical need for a quarantine drench protocol for new farm arrivals […]
US Meat Maintains Its Sizzle
TL;DR: The 2024 US Power of Meat report highlights meat’s enduring popularity, with a decline in those reducing meat consumption. Trends suggest a shift towards valuing flavour, nutrition, and sustainability over price, challenging the industry to cater to evolving consumer preferences. The 2024 US Power of Meat report, revealed at the Annual Meat Conference in […]
Australian Fertiliser Finds Its Way to New Zealand Farms
TL;DR: Marnco, an Australian company, enters NZ’s market with competitively priced, high-quality fertiliser, promising lower costs for Canterbury farmers and stirring industry competition. Canterbury’s farmers are set to try out fertiliser from Marnco, an independent Australian company, marking its debut in New Zealand. This week, nearly 25,000 tonnes of superphosphate and DAP sourced from Vietnam […]
Rethinking Emission Targets for Cattle
TL;DR: Adam Coffey advocates reevaluating cattle’s emission targets, distinguishing them from fossil fuels and highlighting their carbon sequestration role, urging fair and modernised industry standards. Adam Coffey, Cattle Australia’s deputy chair, recently highlighted the urgent need to update the emission targets for the Australian cattle industry. Speaking at the ICMJ Northern Conference in Rockhampton, he […]
Pressures on Feeder Cattle Prices Continue
TL;DR: Feeder cattle prices face pressure from increased supply, limited demand, and falling forward contract prices, exacerbated by recent weather disruptions. Market activity has quieted, with current buying urgency affected by economic uncertainties and a noticeable gap between grain-fed and grass-fed beef prices, impacting profitability and demand dynamics in the industry. Feeder cattle prices are […]
