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TAS Country : November 4th 2010
Friday, November 5, 2010 Tasmanian Country 21 The Stock Report Aussie commodities are riding high TIM McRAE SUPPLY shortages for a range of Aust- ralian farm commodities are overriding the negative impact of exchange rates. As the Australian dollar continues to hover about US98c, export prime and wool prices are defying the weak US dollar. And according to Meat and Livestock Australia senior market analyst Tim McRae, supply concerns in both the US and Australia could soon help Australian cattle prices. Meanwhile, MLA reported that US exporters were taking advantage of their weak dollar to regain share in two of Australia's premium markets, Korea and Japan. In the eight months to end of August, US beef and veal exports were 20 per cent higher year-on-year. But despite the increased export rate, Mr McRae said the US market share in Korea and Japan was still 15 per cent below the pre-BSE or mad cow disease concerns. Two of the key indicators for Australian beef -- the Japanese grass full-set price and US manufacturing cow prices -- in Aust- ralian dollars remain relatively flat, though still 5 per cent and 10 per cent higher than a year ago. Supply concerns for lamb in both US and Australia continue to ensure a buoy- ant market. Australian lamb producers are being assured of a future for the US market, which is caught up in supply concerns for its own flock. American Sheep Breeders Association president Burdell Johnson, who attended recent discussions in Australia under the Tri-Lamb Initiative (New Zealand, Aust- ralia and the US), said lamb prices had risen 50 per cent in the past year. But he said the price rise, rather than encouraging a rebuilding of flocks, had had the opposite effect, with many sheep producers ''opting out while the money was good''. Wool is also defying the weak US dollar. Last week AWEX's Eastern Market Indicator rose to a two-year high of 949c/kg clean. Chinese processors -- who tradition- ally buy in US dollars -- were paying prices equal to what they would have paid in the heady last days of the Reserve Floor Price when the market indicator peaked at 1271c/clean at a time when the Australian dollar was worth US74c. Exporters put the re-kindling of the wool market down to a combination of a drop in wool receivals and renewed confidence in wool. The Weekly Times 2031544-101105 Wednesday November 10 Valma, Rannoch Poll Dorset Leith White Suffolk Top of Tassie Poll Dorset Melton Park Border Leicester Thursday November 11 Cluden Newry Poll Dorset & White Suffolk Composite Fairbank White Suffolk & Southdown Friday November 12 Brooklands & Sorell Springs Merinos Monday November 15 Sunnybanks Park Poll Dorset & White Suffolk Emerald Hills Suffolk Tuesday November 16 Penrise White Suffolk & Poll Dorset Punchgrove White Suffolk & Poll Dorset Killara Poll Dorset Wednesday November 17 Macceleslie Park Poll Dorset & Southdown Arkmay Suffolk Pinnacle White Suffolk Friday November 19 Stockman Merino Monday November 22 Tasmanian Corriedales Wednesday November 24 Palmerston Coopworth Thursday November 25 Rockville Border Leicester Friday November 26 Rodbourne Poll Dorset & White Suffolk Enq: Tim Woodham 0418 323425 Jock Gibson 0418 133595 For full details of Clearing Sales, Wool and Livestock Market Reports visit our website www.robertsltd.com.au Hobart 6235 1444 Launceston 6337 1555 Smithton 6452 2511 Devonport 6424 8271 Stud Stock Sales STOCKMAN STUD TASMANIA - 16TH ANNUAL ON PROPERTY RAM SALE Friday November 19, 2010 at 1.30pm LARGE FRAME WITH QUALITY WOOLS Sale Averages: MICRON 18.8 BODY WEIGHT 68.5 Kg 47 SELECTED POLL MERINO RAMS 13 SELECTED MERINO RAMS "LOVELY BANKS" MELTON MOWBRAY Catalogues now available: Principals -- Tim McShane 0418 544154 - Andrew McShane 0408 591134 Stud Manager -- Kip Gray 0418 589051 - Stud Classer -- Rob Russell 0427 506291 Website: www.stockmanstud.com.au Wednesday November 10 12.00 noon WHITEMORE VALMA/RANNOCH 115 POLL DORSET RAMS Andrew Mc Lauchlan 0428 577243 Keith Mc Lauchlan 0427 973161 LEITH 80 WHITE SUFFOLK RAMS John Mc Lauchlan 0428 932199 2.30pm WHITEMORE TOP OF TASSIE 131 POLL DORSET RAMS Consisting of: FAIRBANK -- 50 POLL DORSET RAMS Frank Badcock 03 6392 2228 MELTON VALE -- 74 POLL DORSET RAMS Bramwell Heazlewood 0419 337927 TWIN PINES -- 7 POLL DORSET RAMS Tony Anderson 0407 833278 5.00pm WHITEMORE MELTON PARK 40 BORDER LEICESTER RAMS $UPERBORDER$ Brenton Heazlewood 0418 133887 Thursday November 11 11.00am LONGFORD CLUDEN NEWRY 43 POLL DORSET RAMS 29 WHITE SUFFOLK COMPOSITE RAMS Peter Hughes 0429 176646 1.30pm HAGLEY FAIRBANK 38 WHITE SUFFOLK RAMS 15 SOUTHDOWN RAMS Chris Badcock 0438 775285 Friday November 12 1.30pm BROOKLANDS & SORELL SPRINGS MERINO RAM SALE CONTACT TIM WOODHAM 0418 323425 JOCK GIBSON 0418133595 CATALOGUES AVAILABLE & SOME AT www.robertsltd.com.au STUD RAM SALES NOVEMBER 10 -- 12 2010 45 MERINO RAMS 45 MERINO RAMS & 4 PRIME SAMM RAMS Enquiries: Gavin Nicholas 0447 020614 Alistair Calvert 0407 815510 Brett Cox 0419 528205 Enquiries: David Nicholas 0409 545716 Chris Heywood 0429 120171 John Needham 0409 123297
October 28th 2010
November 11th 2010