Mutton indicator rises 4c/kg to 316c/kg cwt in sheep markets
At the close of Thursday’s markets, the eastern states restocker lamb indicator held steady, at 546¢/kg cwt.
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Chinese back off wool market as Aussie dollar strengthens
The AWEX EMI closed the week on 1,268c at Auction sales in Australia this week.
The downward correction, a substantial 17c, was mainly experienced on the opening days of the sale with some consolidation and slowing of the trend evident on Thursday.
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Light, trade and heavy lambs all increase in price as buyer interest rises
At the close of Tuesday’s markets the eastern states restocker lamb indicator increased 2¢ to 549¢/kg cwt.
Merino lambs lost 2¢ to 495¢/kg cwt, light lambs were up 8¢ to 526¢/kg cwt, trade lambs were up 3¢, to 537¢/kg cwt, heavy lambs increased 5¢ to 534¢/kg cwt and the mutton indicator was 8¢ dearer on 311¢/kg cwt.
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New technical guide released on improving lamb lean meat yield
The sheep industry has a new tool to bolster its bottom line, by producers improving the lean meat yield obtained from each carcase and processors and retailers saving time in preparing meat for sale.
The lean meat yield (LMY) of a lamb carcase is a direct driver of profit for producers, processors and retailers alike and a new industry manual has been released to assist the supply chain to extract maximum value from this important measure.
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Australian lamb export value reaches record of $1.75 billion
Australian lamb export values for 2015 reached a value of A$1.78 billion FOB, 5% above 2014 and 44% above the five year average (Australian Bureau of Statistics).
The average unit value for Australian lamb exports during 2015 averaged $7.10/kg – up 4% year-on-year.
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Sheepmeat Council of Australia praises outgoing minister Warren Truss
The Australian Sheepmeat industry welcomed Prime Minister Malcolm Turnbull’s new ministry and praised the efforts of outgoing Ministers Warren Truss and Andrew Robb.
The Sheepmeat Council of Australia CEO Mark Harvey-Sutton, welcomed the news that Barnaby Joyce will continue in the role of Minister for Agriculture and Water Resources after being appointed Leader of the National Party and Deputy Prime Minister.
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Breeding Leadership arms young woolgrowers with business skills
The future of the wool industry is in good hands judging by the latest group of Breeding Leadership participants.
The week-long course has now helped progress the careers of almost 150 young people within the wool industry, many of which hold leading wool roles today.
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Realistic future for lamb to be explored by guest speaker at LambEx
DELEGATES will get a glimpse of Australia’s lamb industry in 20 years’ time when futurist Paul Higgins takes the stage as the first keynote speaker at LambEx 2016 in Albury, New South Wales, in August this year.
Paul has worked across many facets of the livestock supply chain as a cattle vet, pork farmer, abattoir manager and agribusiness consultant.
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Walk-over-weighing to help nutritional management of sheep flocks
In the new world of “Big Data” determining what data is reliable and what is just “noise” is vital.
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White Suffolk conference to showcase lamb marketing opportunities
The latest in the sheep genetics pipeline and lamb marketing opportunities will be showcased to stud and commercial producers at the annual Australian White Suffolk Association conference next month.
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Merino fleece attracts renewed competition and rises 30c/kg
The AWEX EMI reversed a two week negative trend to close the week with a 19c recovery, with the EMI closing on 1,284c.
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Melbourne University celebrates biggest intake of agricultural students
The University of Melbourne has made a record number of first-round offers for its Bachelor of Agriculture program in 2016, with almost 200 domestic students invited to enrol this academic year.
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