Processing: ACC’s new business model adapts to changing times
Changing circumstances are seeing Australian Country Choice transition into a much more diverse, multi-stream vertically integrated processing/supply chain business model…Read More
TFI starts construction at its new Murray Bridge processing site
An official ground-breaking ceremony was held this morning on the site of the new Thomas Foods International processing plant site near Murray Bridge in South Australia’s east…Read More
Beef Central, December 16, 2020
Weekly kill: Processing year ends on softer note
Buffeted by a series of unexpected and often unique events, the 2020 slaughter cattle season largely draws to a close on Friday. Many large export beef plants across eastern Australia draw a line under their 2020 operations on Friday, with significant losses recorded on many slaughter cattle during the back half of the year. ..Read More
Jon Condon, December 15, 2020
Weekly kill: Grids slip further in face of listless export markets
Hot, dry conditions across large parts of eastern Australia pushed a few more cattle in front of processors last week, but direct consignment grid offers continue to slide in many regions, in the face of very flat international meat trading conditions…Read More
Jon Condon, December 8, 2020
NSW processor Monbeef to close for eight months, due to sustained market pressures
Southern NSW beef processor Monbeef will shutter its facility for eight months in early January, due to ongoing market pressures. The closure is a stark reminder of the extreme challenges facing red meat processors this year…Read More
Jon Condon, December 4, 2020
Weekly kill: Extreme heat slows slaughter cattle flows
Extreme heat conditions across large parts of eastern Australia since the weekend have hampered slaughter cattle flows, in an already incredibly tight supply situation…Read More
Jon Condon, December 1, 2020
Year of two halves for co-op meat processor NCMC, after $8.2m profit
It was a year of sharply contrasting halves for NSW meat processor Northern Cooperative Meat Co, which announced an $8.2 million profit after tax for the 2020 financial year to shareholders at its annual general meeting in Casino recently…Read More
Jon Condon, November 30, 2020
Weekly kill: Grids show sharp correction, as dry weather pushes cattle offload in the north
Hot, dry weather across large parts of northern Australia is pushing cattle to market in unexpected volume, leading to a sudden change in the supply/demand dynamic for slaughter cattle this week…Read More
Jon Condon, November 24, 2020
JBS bounces back after COVID with strong third quarter financials
Slaughter cattle supply out of Australia is not likely to recover significantly until at least 2022, investors were told during a JBS briefing following the tabling of the company’s third quarter financials earlier this week. Global beef processor JBS has bounced back from the impacts of COVID earlier in the year, reporting net revenues of R$70 billion for the quarter ended September, up 34pc on the same period last year and a new record for the company…Read More
Jon Condon, November 20, 2020
Weekly kill: Northern grid prices remain at record levels
Direct consignment slaughter grid offers from Queensland processors have remained at record highs this week, but there has been little evidence of any real response in terms of cattle supply…Read More
Jon Condon, November 17, 2020
TFI Murray Bridge could start beef chain by early 2023 + VIDEO
Thomas Foods International could start processing beef at its new greenfield South Australian abattoir site near Murray Bridge by early 2023, based on a project update provided by the company this morning…Read More
Jon Condon, November 13, 2020
武侠第一美妇母亲
Weekly kill: Slaughter grids push deeper into record territory
Contrary to all expectations, processor direct consignment slaughter grids have risen to new record heights in Queensland this week, as the industry starts to think about some procurement breathing space around Christmas holiday closures. Competitive grids in Southern and Central Queensland this morning showed offers of 615c/kg on heavy cows, and 680c/kg on four-tooth grass steer..Read More
Jon Condon, November 10, 2020More Processing News
