Thomas Foods International Forges Significant Export Agreement with Shanghai-based Company
In a notable advancement for the Australian red meat sector, Thomas Foods International (TFI), headquartered in Adelaide, has recently finalised a substantial export contract with Shanghai Paradise Garden Healthy Food Company. This pivotal agreement, valued at $30 million, involves the export of locally sourced red meat to China by the conclusion of 2024. This development […]
FSIS Enhances Meat, Poultry, and Egg Product Inspection Directory for Greater Transparency
The US Department of Agriculture’s Food Safety and Inspection Service (FSIS) is set to enhance the transparency of its Meat, Poultry and Egg Product Inspection (MPI) Directory and the Establishment Demographic Data (MPI Supplement) files. These planned improvements are aimed at providing more detailed and accessible information about food establishments. Key enhancements include the addition […]
Dalby Saleyard Market Report: An Overview of the January 10, 2024 Cattle Auction
In the first auction of the year, Dalby Saleyard hosted a relatively modest cattle market, with a total of 1,151 cattle, a notable decrease from the previous sale (-3403 from prior yarding). The cattle hailed predominantly from local and usual supply areas, supplemented by a smaller number from far Western Queensland and New South Wales. […]
Eastern States Young Cattle Indicator 9th January 2024 Shows Market Trends
In the latest report dated January 9, 2024, the Eastern States Young Cattle Indicator (EYCI) presents key data on cattle pricing and volume, offering insights into the Australian cattle market. The report synthesizes figures from major saleyards, which serve as a benchmark for industry pricing and market volume nationwide. The EYCI stands at 594.85, with […]
Forbes and Ballarat Saleyards Report: A Surge in Sheep and Lamb Yarding – January 9th, 2024
Forbes Saleyard Analysis – January 9th, 2024 The Forbes saleyard kicked off the year with an impressive total yarding of 24,300, marking an increase of 17,750 from the last sale. Of these, 4,850 were sheep (up by 1,750) and a significant 19,450 were lambs (up by 16,000). Quality varied, with a fair mix of well-finished […]
Roma Store Cattle Sale 9 January 2024 Kicks Off 2024 with Notable Market Gains
The Roma Store Saleyard commenced its first sale of 2024 with an offering of 2,713 head of cattle, a decrease from the previous sale’s total by 4,666. The cattle primarily originated from Cunnamulla, Western QLD, and nearby districts. This event witnessed the presence and active participation of all regular buyers, along with some new operators. […]
Robust Start to 2024: Increased Yarding and Strong Markets at Dubbo and Bendigo Saleyards
Dubbo Saleyard Report: Significant Increase in Yarding At the Dubbo saleyard, there was a noteworthy increase in total yarding, reaching 21,230, which is 5,470 more than the previous sale. The sheep yarding stood at 9,500, up by 2,980, while lamb yarding was 11,730, an increase of 2,490. The first sale of the year saw a […]
Wagga and Tamworth Cattle Sale Report 8th Jan 2024: New Year’s Cattle Market
Wagga Saleyard Report: Positive Trends Amid Limited Buyer Options At Wagga’s new year sale, a total of 2,100 cattle were yarded, showing an increase of 100 from the previous sale. This included 475 cows. Notably, domestic processors faced a scarcity of suitable cattle, directing the sale’s focus towards feedlots. Feedlots demonstrated a strong demand for […]
JBT Granted Additional Time for Marel Acquisition Decision
The Icelandic Financial Supervisory Authority has recently extended the deadline for John Bean Technologies (JBT) Corporation regarding their proposed acquisition of Marel. The new deadline, now set for January 19, provides JBT with an extra two weeks beyond the original deadline of January 5 to finalise its decision. Marel is thoroughly reviewing JBT’s non-binding proposal […]
Urgent Call for Progress on Next Farm Bill by US Representative Zach Nunn
US Representative Zach Nunn from Iowa has emphasised the urgent need for lawmakers to expedite work on the upcoming farm bill. With 2024 being a presidential election year, Nunn, a Republican, expressed to Brownfield Ag News that completing the farm bill sooner rather than later is crucial. He highlighted that an early placement in the […]
