Australia ag commodity prices and the Australian dollar
The higher Australian dollar has prompted questions about the likely impact on local extensive agricultural commodity prices. Mecardo has covered...
Queensland Police Rural and Stock Crime Squad is warning people to be vigilant when purchasing livestock via social media, after a string of scams have been exposed.
Detective Senior Constable Catherine Swan reached out to livestock owners to highlight the escalation in scam activity in the sector.
"The Rural and Stock Crime Squad were investigating multiple reports of fraud where livestock are being advertised on social media and allegedly when deposits are made the livestock are either not delivered by the seller as agreed or the buyer attends an address to realise that the livestock aren’t there," Constable Swan said.
"The reports have included different breeds of cattle, horses, donkeys and chickens."
LEARN MORE: How AuctionsPlus provides a safe livestock trading marketplace for buyers and vendors
She said the squad encouraged livestock buyers to conduct background checks in relation to the seller and livestock before paying any deposit.
"These checks could include arranging to inspect the livestock, requesting the Property Identification Code, National Vendor Declaration and National Livestock Identification System tag numbers," she said.
Police encouraged anyone who was a victim of this type of crime to report it the Australian Cyber Security Centre at Report | Cyber.gov.au or or report crime information anonymously via Crime Stoppers.
The higher Australian dollar has prompted questions about the likely impact on local extensive agricultural commodity prices. Mecardo has covered...
Last week, StoneX released its H1 2026 Australian Cattle & Beef Market Outlook report, which covers all key production forecasts for the beef...
Greasy wool prices have increased markedly this season, in the absence of any substantial improvement in macroeconomic indicators or major apparel...