Australian beef trade to the USA benefiting from Trump's punitive Brazil tariffs. #agsky #econsky

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

Global Manufacturing PMIs - below 50 is considered contractionary territory. #agsky #econsky

After a tougher trend from February to April, Australia’s beef processing sector experienced a welcome rebound in trading conditions during May. #agsky #econsky Read more below - episode3.net/livestock/pr...

Overnight Trump called Japan "spoiled" and he doubted they will make a trade deal, threatening tariffs of “30%, 35% or whatever the number is that we determine.” Given that the USA is Australia's main beef import competitor into Japan it makes for interesting times... #agsky #econsky

Is Tesla technically in a "deliveries recession" after two quarters of negative growth? (Chart source - Akash Sriram) #econsky

A great summary of our @agwatchers.bsky.social podcast chat with John Blackburn AO from the team at Beef Central. #agsky www.beefcentral.com/news/fuel-bl...

Some serious population growth in Africa expected over the next 75 years. #agsky #econsky

“We believe in the importance of WOAH, but this announcement does little to satisfy our concerns with Brazil’s appalling track record of failing to report foreign animal diseases,” - NCBA US on Brazil’s FMD status change. #agsky 1/2

“We have little reason to take Brazil’s word at face value, and NCBA encourages USDA to suspend imports of beef from Brazil until a thorough audit can be conducted to verify Brazil’s claims of providing an equivalent level of food safety and animal health.” 2/2 #agsky

US & China are starting to thaw out on their trade war. That's a good thing - as its less likely to push either into recession. However, a trade deal between the two that encourages China to take US beef over Australian could see Aust lose some recent market share they've re-gained. #agsky #econsky

Not a great downwards trend opening up here.... #agsky #econsky

In a recent AgWatchers Podcast I, along with my podcast co-host Andrew Whitelaw, had a chance to chat with John Blackburn AO on matters of national security and resilience. This short summary is an outline of the key findings. #agsky www.linkedin.com/posts/matt-d...

Aussie beef export update for April 2025 #agsky episode3.net/livestock/be...

Aussie lamb export update for April 2025 #agsky episode3.net/livestock/la...

Aussie mutton export update for April 2025 #agsky episode3.net/livestock/mu...

As military tensions increase between India and Pakistan what ag commodity export flows from Australia are at risk? Chart shows the top flows by value over the last 5 years. #agsky

And for Pakistan #agsky

After steep premium hikes, Australia's insurance companies post $6.1 billion profit, that’s 3 times higher than the 5yr avg profit levels. #agsky www.sbs.com.au/news/article...

Last night I provided an egg update for Seven News Sydney #agsky youtu.be/1fTRl585LLE?...

... #agsky

@agwatchers.bsky.social brilliant pod! if you need a risk assessment you need to do it yourself… onlinelibrary.wiley.com/doi/10.1111/...

In this sobering episode, we invited back a previous guest, episode 106, John Blackburn AO. John, a former air vice-marshal and Deputy Chief of the RAAF. These are turbulent times, and we have a chat about our defence, fuel supply chain and national food security. #agsky episode3.net/conversation...

In the lead up to Star Wars day (May the fourth be Wagyu) we provide an update on Wagyu F1 pricing versus the broader cattle market in Australia. #agsky episode3.net/livestock/wa...

A timely reminder on the expected growth in demand for meat & eggs to 2050 #agsky #econsky

S&P 500 growth/decline for the first 100 days of the US presidency by administration... #econsky. In a modern dollar sense the recent drop in the US equity market has cost the average US citizen around $US33,000 per capita... let that sink in!