Saturday, May 20, 2023

ABS Value of cattle slaughtered Australia March 2023

According to ABS the value of Australian cattle slaughter dropped from $3.947 billion AUD in Dec Qtr 2022 to $3.439 billion AUD in March Qtr 2023.

This is a fall of 13% .

https://www.abs.gov.au/statistics/industry/agriculture/livestock-products-australia/latest-release#data-downloads December 2022 was the peak value in the series collected since December quarter 2019 when the value was $3.306 billion AUD.

Monday, May 15, 2023

Another word on Telstra mobile coverage

Below is the link to the coverage map.

https://www.telstra.com.au/coverage-networks/our-coverage

as Telstra says: Australia’s Largest Mobile Network

Vast slabs of Australian regional areas have limited or no coverage. It is a third world service.

agInfo weekly report May 15 2023

Latest weekly report 

Sunday, May 14, 2023

How bad is Telstra?

Based on my limited experience of travel, it is a pathetic shambles. Anyone remember Malcolm Turbull (turncoat). What a fizzer he was! For some reason the lefties still love him.

Here is the Telstra map today.

Years and years of promises and inept government and maladministration, even forgetting the expensive watch fiasco.

so much talk of alternative energy and if brains were gunpowder, we could not blow our beach hats off.

Unless we have a ruthless government and about 20% of the public servants on huge salaries, we are going to fall flat on our face.

Friday, May 12, 2023

JBS Q1 2023 results

Management report. " We started 2023 facing many challenges, but our globally diversified platform continues to be a fortress Operational management measures and a significant improvement in the outlook are already pointing to a more positive performance in line with our potential.

As we pointed out last quarter, this period faced high input costs, persistent inflation, and supply and demand imbalances, in addition to being a traditionally weaker period for the global protein industry All necessary actions to reduce the impact of these circumstances have been taken."

https://shorturl.at/swDGN

The consolidated group reported a loss of Brazilian $R of 1,429,501.

Thursday, May 11, 2023

Big protein USA - Tyson results

A tougher trading period and some unexpected drops in net income.

https://ir.tyson.com/news/news-details/2023/Tyson-Foods-Reports-Second-Quarter-2023-Results/default.aspx

"While the current protein market is challenging, we have a strong growth strategy in place and are bullish on our long-term outlook,” said Donnie King, president and CEO of Tyson Foods. “We saw strong performance in our branded foods business and continue to be laser-focused on meeting customer needs and planning the future with them.”

“Through our growth strategy, focus on margin improvement, and proven leadership team, I am confident in our ability to capture the opportunities in front of us and create long-term value for customers, team members, and shareholders.”

Wednesday, May 10, 2023

NZ UK free trade agreement.

5 May 2023 NZ-UK Free Trade Agreement ratification great news for red meat sector The Free Trade Agreement (FTA) between New Zealand and the UK will deliver a major boost to Kiwi red meat exports by eventually allowing tariff-free access for beef and lamb into the UK.

The UK Parliament has ratified the FTA and the agreement will come into force on May 31.

“New Zealand exporters and farmers are looking forward to tariff free access into the UK, something we haven’t enjoyed since Britain joined the European Economic Community (EEC) in 1973,” says Sirma Karapeeva, chief executive of the Meat Industry Association (MIA).

“This FTA is a high quality agreement that provides the red meat sector with greater access to a key market for New Zealand beef and lamb. “It really opens up an opportunity for New Zealand’s beef exports in a traditional market, and creates new avenues for growth for the red meat sector. “The agreement will also allow closer co-operation between the NZ and UK red meat sectors and strengthen the ties between the two countries.”

Sam McIvor, chief executive of Beef + Lamb New Zealand, says the FTA is good news for sheep and beef farmers, rural communities and the New Zealand economy. “Not only will this FTA support the sector to unlock further value in this important market, but it will further strengthen New Zealand’s already diverse export base. “But we know that the UK market is very competitive with Australia also gaining greater access so we will have to work hard to realise our ambitions and seize the opportunities on offer.” New Zealand’s free range, pasture-raised product is seasonal so complements the UK’s northern hemisphere production, says Mr McIvor.

“Both New Zealand and the UK also share a commitment to high production standards, especially in food safety and quality, animal welfare and the environment.” The New Zealand Meat Board will be responsible for administering the FTA quotas for beef and sheepmeat in line with the robust system already in place for administering the existing World Trade Organization (WTO) quotas for red meat.

“Over the past 12 months, the New Zealand Meat Board has been working alongside our red meat sector partners planning for this milestone and all the systems are ready to go,” says NZMB General Manager Quota and Information Nick Beeby. https://www.nzmeatboard.org/news-updates/nz-uk-free-trade-agreement-ratification-great-news-for-red-meat-sector/

Tuesday, May 9, 2023

Lazy journalism

Australian Livestock Export.

I am no fan of live animal exports but understand there are certain countries and trades that require the product. It appears live sheep exports will be phased out by current Federal Government.

However the story that appeared in the media today related to Indonesian incidents in 2021.

It seems to be drawing a long bow to be running a story again of that period simply because it suits certain animal export activism to promote their organisation and raise more funds.

Australia now has an independent regulator.

https://www.iglae.gov.au/current-reviews

Inspector-General of Live Animal Exports is the entity.

agInfo weekly report 8 May 2023

Latest weekly report 

Monday, May 8, 2023

ABARES report

https://www.agriculture.gov.au/abares/research-topics/trade/value-chain-opportunities/what-asia-wants-2023

What Asia Wants: Long-term agrifood demand in Asia - 2023 Revision

Overview In 2050, Asia is projected to have 5.3 billion consumers, representing 55% of the world’s population.

This presents opportunities for Australian agricultural exporters through the benefits of a large consumer base with diverse preferences.

This research report identifies export market growth opportunities in Australia’s nearby region, contributing to an information base to support agricultural exporters’ diversification, while also helping policymakers to identify priorities for market access.

I am all for ABARES writing reports but they need a serious scholar included in the writing team.

I have spent over 30 years in practical work and analysis of the markets. Academic analysis will not do the job.

Australian farm subsidies ABARES report

2020 report by ABARES

Australian Bureau of Agricultural and Resource Economics and Sciences analysis of government support for farmers shows Australians rate among the least subsidised in the world.

It is well worth reading this report published in 2020 by ABARES.

https://daff.ent.sirsidynix.net.au/client/en_AU/search/asset/1030322/0

According to ABARES, unlike Australia, other barley producers around the world enjoyed government support equivalent to an average six per cent of their farm revenues.

The ABARES analysis confirms findings in a recent report by the Australian Farm Institute and GrainGrowers which highlighted Australia having about the lowest levels of agricultural support across the 37 Organisation for Economic Co-operation and Development (OECD) member countries.

Friday, May 5, 2023

Australia-United Kingdom Free Trade Agreement (AUK-FTA) – Entry into Force Announcement

From: Billy Davies Sent: Friday, May 5, 2023 11:48 AM Subject: AMIC Processor Group Circular No: 26-23 - AUK-FTA Entry into Force Announcement

AMIC Processor Group Circular No: 26-23 Subject: Australia-United Kingdom Free Trade Agreement (AUK-FTA) – Entry into Force Announcement Dear AMIC Exporters, AMIC is pleased to see the announcement that the Australia-United Kingdom Free Trade Agreement (AUK-FTA) is expected to enter into force at midnight on 31 May 2023.

The department (DAFF) will provide the management and administration of quotas under the new FTA under the Export Control Rules 2021. Please see the table below for information about the quotas for beef and sheepmeat.

For further information on the A UK FTA, refer to the announcement from the Minister for trade and Tourism, Senator the Hon Don Farrell, and Department of Foreign Affairs and Trade (DFAT) website.

Export product Commodity codes Volume access Volume access year 1 (pro-rata) – TBC by UK Quota year Quota Administration Beef meat 0201, 0202, 0206.10.95, 0206.29.91, 0210.20, 0210.99.51, 0210.99.59, 1602.50, 1602.90.61, 1602.90.69 Increases from 35,000T to 110,000 over 10 years. 20,616T 1 Jan-31 Dec Split allocation and first-come, first-served basis. Sheep meat 0201.10, 0204.2100, 0204.22, 0204.2300, 0204.3000, 0204.4100, 0204.42, 0504.43, 0210.99.21, 0210.99.29, 1602.90.91 Increases from 25,000T to 75,000 over 10 years. (safeguard provision from years 11 to 15) 14,726T 1 Jan-31 Dec Allocated.

The below is an update DAFF have provided to AMIC regarding next steps and communication channels. What’s Next The department will work on the following over the coming weeks: The pro-rata volume access for year 1 is detailed in the above table, please note the UK is yet to confirm these figures therefore they may change slightly. If there are any updates , DAFF will update the department’s website. The department will work with the exporters to calculate their allocated quota for year 1 and how they can apply. If you currently have a shipment on the water and would like to change your quota from WTO to AUK FTA, email quota.admin@agriculture.gov.au. Billy Davies Market Access Officer

Burns Centre Level 2, 28 National Circuit, Forrest ACT 2603 M: 0448 447 625 W: www.amic.org.au E: bdavies@amic.org.au