Blog Post

Red meat price inflation reduces to below 1pc

Annual red meat price inflation has reduced to less than 1 percent according to the latest monthly Consumer Price Index (CPI) data from the Australian Bureau of Statistics, released today. RaboResearch senior food retail analyst Michael Harvey said the November 2023 data showed prices for food and (non-alcoholic) beverages had risen 4.6 percent annually (from […]

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More cyclones on cards as monsoon trough develops

Total forecast rainfall for 8 days from Jan 10 to 17, 2024. Source: BOM THE Bureau of Meteoroly is monitoring the possible development of two tropical cyclones this weekend or early next week. The Bureau says there is currently a moderate (25 percent) chance of cyclone development from Saturday onward, most likely in the Timor […]

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Stronger start to 2024 selling year at Dalby

A modest 1200 head yarding kicked off the cattle selling year at Dalby this morning, with not all processors yet back operating. But the carpark still had more vehicles than might normally be expected for a yarding of limited size as producers and onlookers poked in their heads to gauge opening rates. As a general […]

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NFF renews call for grocery code to be mandatory

AUSTRALIA’S peak farmer body has renewed its call for a mandatory Food and Grocery Code of Conduct with the ‘teeth’ to fix a supply chain system it says is failing farmers and consumers. The Albanese Government yesterday announced it had appointed Dr Craig Emerson to lead the 2023-24 review of the Food and Grocery Code […]

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Australian beef exports top 1.08mt in 2023

  AUSTRALIA’S 2023 calendar year beef exports hit their highest level in five years last year, with shipments to more than 50 destinations reaching just over 1.08 million tonnes. Data released by the Department of Agriculture this morning shows exports of beef and veal at 1,082,405 tonnes, the biggest volume seen since 2019, when drought-fuelled […]

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