Restocker Heifer Prices Maintain Premium for 12 Weeks Straight
TL;DR: For the past 12 weeks, the agricultural sector has witnessed a noteworthy trend: restocker yearling heifer prices have consistently outpaced heavy steer prices. As of 15 February 2024, the price for restocker yearling heifers stood at 304 cents per kilogram live weight (lwt), maintaining a 10-cent premium over heavy steers, which were priced at […]
Weekly Overview of Cattle and Sheep Markets
TL;DR: In the latest market update, both the cattle and sheep sectors have seen notable shifts. The cattle market, in particular, has experienced a general softening across all indicators. The total cattle yardings decreased by 3,898 to 75,856 head, with reductions observed in most states, excluding Tasmania and Victoria. This figure stands significantly above the […]
Weekly Overview of Cattle and Sheep Markets
TL;DR: Cattle Market Trends The cattle market has seen a general decrease across all indicators this week. Total yardings have reduced to 75,856, with a notable decrease in most states, except for Tasmania and Victoria, where yardings remain high. This represents a significant increase from the five-week national average. Feeder steer prices have fallen to […]
Victorian Farmers Stand Against New Biosecurity Levy
TL;DR: The Victorian Farmers Federation (VFF) continues to voice strong opposition against the proposed Biosecurity Protection Levy, slated to commence on 1 July this year. Despite recent adjustments announced by Murray Watt, the Minister for Agriculture, Fisheries and Forestry, the VFF argues that the changes do not adequately address the concerns of the agricultural community. […]
New Zealand Presses Canada for Compliance on Dairy Quota Dispute
TL;DR: Trade Minister Todd McClay has voiced New Zealand’s determination to address Canada’s ongoing non-compliance with dairy import rules stipulated by the Comprehensive and Progressive TransPacific Partnership (CPTPP) agreement. Following a successful challenge using the CPTPP’s dispute resolution mechanisms, New Zealand highlighted issues with Canada’s allocation of low-tariff import quotas, which significantly limited New Zealand […]
New Zealand and US Growers Forge Partnership for Agritech Advancement
TL;DR: In a significant move towards advancing agricultural technology and sustainability, the heads of the Western Growers Association, a leading produce-growing group from California, have visited New Zealand. Their mission is to gain insights into New Zealand’s agritech sector and foster stronger ties between Kiwi and US growers. This visit underscores a shared commitment to […]
Venison Market Shows Resilience Amid Challenges
TL;DR: In a year marked by logistical challenges and shifting consumer preferences, the venison sector has demonstrated notable resilience, ending 2023 on a positive note despite a subdued start. The sector faced a reduction in deer numbers, attributed to the pandemic’s impact on supply chains and a shift towards more accessible proteins. This led to […]
2022 Census of Agriculture Unveils Key Trends in US Farming
TL;DR: The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) released the 2022 Census of Agriculture on February 13, providing a comprehensive overview of the state of American agriculture. The census, which collects data down to the county level, indicates a continued decline in the total number of farms in the United States but […]
Ontario Enhances Meat Processing Capacity with New Investment
TL;DR: In a significant boost to the meat processing industry in Ontario, the Canadian and Ontario governments have announced an investment exceeding $13 million. This financial support, channelled through the Sustainable Canadian Agricultural Partnership (Sustainable CAP), is earmarked for 151 projects across the province, aiming to modernise and expand the capabilities of free-standing meat processors. […]
Cargill Enhances Partnership with Alternative Protein Producers Enough
TL;DR: In a significant move towards sustainable food production, Cargill has deepened its collaboration with the alternative meat startup, Enough, formerly known as 3F Bio. This partnership, announced on February 16, 2024, by Brooke Just, marks a pivotal step in the development of alternative meat and dairy solutions, with Cargill participating in Enough’s Series C […]
