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TAS Country : September 23rd 2010
14 Tasmanian Country Friday, September 24, 2010 News Records topple as stock prices hit stratosphere BUYERS and sellers entered uncharted territory as livestock prices hit record highs. A restocking frenzy fuelled by pad- docks full of grass has pushed sheep and cattle markets. Livestock producers are reaping the rewards of years of battling drought, with store prices breaking record after record. Sheep and cattle vendors are seeing intense bidding for their livestock. In the past week, young Merino ewes hit $244 a head and light steers 300c/kg. And the Eastern Young Cattle Indi- cator this week hit a four-year high, closing on Monday at 371.5c/kg The demand for stock has even flowed on to the grain market, with stockfeed wheat rising $9 a tonne last week to a season high of $300 a tonne. But it is the sheep sector where prices continue to soar, as the lamb industry's record-breaking run trans- fers to store stock. A new record price of $204 a head for young Merino ewes at Hillston last week lasted just a few days before it was broken at Hay by a line that sold for $237 a head. And that record only lasted a few hours, as a South Australian buyer paid $244 for one-year-old breeders at Pinnaroo, in South Australia. The Weekly Times IN BRIEF Two after AWB TWO big financial institutions have embarked on a buying spree of AWB Limited shares following the grain trader becoming a takeover target. According to documents lodged with the Australian Securities Exchange, Credit Suisse Holdings (Australia) Limited and UBS AG and related companies have bought huge numbers of AWB shares after Canadian agribusiness Agrium made a takeover bid for the company on August 16. Costly excess firefighters REGIONAL Victorians will have to cough up another $35-$45 million a year in fire-service levies on their property insurance to employ 342 extra paid Country Fire Authority firefighters the state does not need. The CFA stated it did not need the extra career firefighters within the next four years and the Royal Commission into Black Saturday s fires made no such recommendation. Yet the Victorian Government has forced the CFA to take on the extra firefighters and sign a new enterprise agreement with paid firefighters, giving the United Firefighters Union far greater control of training, employment and station management. Live exports to stay INCOMING Agriculture Minister Joe Ludwig has reiterated his support of the export of live cattle. Labor Member for Page Janelle Saffin wants to introduce a Private Member s Bill banning the live export of cattle. However, Mr Ludwig said he would not support any plans to ban live exports. There has been no change to the Government s policy on live animal exports, Mr Ludwig said. The Gillard Government supports a strong and vibrant livestock sector in Australia and we recognise that it comes with unique challenges and responsibilities. Through our involvement in the live-animal trade, we have delivered continuous improvements in animal-welfare outcomes. Last year, Australia exported just over 950,000 cattle, with an estimated value of $666 million. Timber harvesting fears VICTORIA S embattled timber industry is demanding Labor and the Coalition reject Greens calls for an end to timber harvesting in Melbourne s water catchments. Timber Communities Australia co-ordinator Trevor Brown said the industry feared Labor would try to cut a deal to gain Greens preferences at the coming Victorian election in return for ending catchment harvesting. Mr Brown said a ban would see the industry lose another 454 regional jobs on top of the 2400 jobs already lost since Labor came to power in 1999. The Weekly Times TASMANIAN ALKALOIDS Value Adding in Tasmania 2029078-100924 To ensure any chance of success, late sown poppy crops will need to germinate straight after sowing. If this means irrigation, PUT IT ON, DON'T PUT IT OFF.
September 16th 2010
September 30th 2010