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After a number of years with growing interest, Chinese investment in the Australian agribusiness sector totalled A$375 million in 2015.
April was a very dry month for most of Australia’s key sheep and cattle producing regions.
New Zealand (NZ) adult cattle slaughter in March declined slightly (0.4%) year-on-year, with 306,769 head processed for the month (Statistics NZ).
New Zealand (NZ) beef exports in March decreased 25% on year-ago volumes, at 42,109 tonnes swt (Statistics NZ).
During April, Glenn Innes held their annual weaner sales. The first of the series kicked off with the EU accredited sale, consisting mainly of Angus steers and heifers, along with a few pens of Black Baldy and Hereford cattle.
NLRS Market Summaries