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Record cattle prices may slow national herd recovery as farmers struggle to restock FriFriday 16 AprApril 2021 at 9:23pm The Eastern Young Cattle Indicator has passed 900 cents a kilo for the first time in history. ( Share Print text only Cancel Record cattle prices are making it hard for producers trying to restock and may put the brakes on the national herd's drought recovery. Key points: Demand has spiked after rain in drought-affected areas last month High prices are making it hard for cattle producers trying to restock "People need to rebuild the herd and they're scrambling to," NAB agr...

Premium Content Subscriber only The judges for Beef Australia 2021's Pitch in the Paddock have been announced and include one of Rockhampton's own - Bevan Slattery. The event is a regular fixture on the Beef schedule and this year is presented by evokeAg. This year's event recorded a 34 per cent increase in entries from throughout Australia and one entry from Europe. From the entries, nine finalists have been chosen and will present their pitches to world-class judges, potential customers and investors, both live at the event and to a global audience online. There is $10,000 up for grabs...

Move Over China as Australia Finds New Home for Barley in Saudi Sybilla Gross, Bloomberg News The barley harvest near Gunnedah, New South Wales, on Oct. 14, 2020. , Bloomberg (Bloomberg) -- Australian barley farmers have moved on, big time. Facing massive Chinese tariffs and an urgent need to ship a bumper harvest, they’re piling into one of the world’s mega markets for the grain -- Saudi Arabia. For the first time in about five years, Australia has meaningfully broken into the Saudi market, beating usually fierce competition from ...

Sorry Steak Lovers, Australia's Running Out of Cows Bloomberg 3/2/2021 (Bloomberg) -- In what would be a blow to steak lovers the world over, Australian beef may slip off global menus if cattle producers Down Under can’t hasten the pace of a nationwide herd rebuild. With herd sizes near the lowest since the early 1990s, the nation’s beef producers face the possibility of losing their No. 2 exporter position behind Brazil simply because they don’t have the stock available to service a global market as demand picks up steam up post-Covid-19. The risks of that are growing as some farmer...