The US herd is on the verge of a rebuild phase. It is important for Aussie beef producers to keep track of whats happening in the USA as they are our biggest customer and competitor on global beef markets. Listen to the 2 minute explainer reel below #agsky www.instagram.com/p/DU7V4snkrKf/
Australian east coast lamb balance getting tighter explains the high prices seen last year and points to some tough times for processors in 2026, especially the smaller single species abattoirs - see the 2 minute explainer reel here below #agsky www.instagram.com/p/DU7O8wYjZeu/
The share of credit card debt that is delinquent 90+ days reached 12.3% in Q2 2025, the highest since Q2 2011.
This is just 1.4 percentage points below the all-time high. #agsky
Trumpenomics facts #memefacts
Beyond Meat reported a nearly 20% decline in net sales for its fiscal second quarter, with revenues falling to $75 million — below its own projections — while net losses held steady at $33.2 million. For the first half of the year, net revenues dropped 14.9% to $143.7 million. #agsky
Beyond Meat confirmed it plans to drop “Meat” from its name and will shift focus from plant-based meat analogues to plant-forward products that don’t attempt to mimic animal proteins. #agsky
US inflation starting to creep up. Likely Trump tariff effects starting to play out in their domestic retail price trends. Will make it hard for US Fed Reserve to cut interest rates like the Donald wants. #agsky #econsky
Seems legit…. #econsky
Rising US youth unemployment due to a faltering economy or the popularity of AI reducing the need for entry level workers? #econsky
And this… but what would Buffet know!! #econsky
This could get interesting… US equities getting a little overdone? #econsky
Normal total beef imports into Aust can range between 3000 to 6000 tonnes per FY so the US access is a bit of a drop in a small ocean when you think how much Aust exports - which is around 1.4 million tonnes per annum. As long as the biosecurity concerns are met we should encourage free trade #agsky
Sounds like big news with the regulations around US beef access to Australia softened. But we've already been taking US beef in so far in FY2024/25 at near record levels... 270 tonnes versus the peak in 1994/95 of 290 tonnes. #agsky #econsky
Numbers for Aussie live sheep flows to end of FY released recently - showing lowest FY flows on record to compliment the lowest calendar year flows seen at the end of 2024...a real dying industry here on display unfortunately... #agsky
Wonder where your taxes are spent? Here's a breakdown based upon last years Aust Federal budget (FY2023-24). Welfare (combined is nearly 41%) and it the highest expense category followed by Health, then Defence. #agsky
What the continuing US herd liquidation means for Aussie beef producers #agsky #econsky
www.farmonline.com.au/story/902112...
Nonna surveillance facts. #memefacts
Construction facts. #memefacts
Religious facts. #memefacts
Pi facts. Mmmmmm pi. #memefacts
Not one penguin representative from Heard Island has been to the Whitehouse in person, called or sent a letter to try to negotiate a better trade deal. It’s going to end badly for them. What are they thinking… #econsky
Stone monolith facts. #memefacts
Aussie sheep meat processor conditions continue to slide in April 2025. #agsky
Read more below - episode3.net/livestock/ge...
Aussie beef exports remain firm in the face of renewed pressure from the US exporter in Japan & South Korea. US and Chinese demand for Aussie beef is keeping the total trade flows at very healthy levels. #agsky #=econsky
Read more below - episode3.net/livestock/be...
US beef packer margins in the red for 2025. This week it sits at a $209 loss per head, yearly average since start of 2025 is a $170 loss per head. #agsky #econsky
April to May 2025 CPI for food items released and it shows some mixed price trends across Australian food items - read more below episode3.net/conversation... #agsky
