World economic indicators need to improve before sustained recovery of wool market
| This week’s offering is estimated to exceed 50,000 bales in Sydney, Fremantle, and Melbourne, which again requires three selling days. With any luck the market will go into the annual Christmas recess with a positive price outlook for the 2024… Read More |
Strike action, cyber attacks and rolling stoppages all impacting wool market
| A combination of cyber attacks, strike action and rolling stoppages by workers at a large shipping company has had a substantial impact on normal wool market operations.
The negative impact created a bottleneck at the wharves, slowing the shipping of… |
Accelerated breeding program delivers wins for St George producer
St George White Dorper producer Jeff Betts is not afraid to implement change – even when battling the extremities of Mother Nature.
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Wool traders anticipate better trading conditions leading into Christmas recess
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Peter Westblade Scholarship fostering youth in the sheep and wool industry
As one of the sponsors of the Peter Westblade Scholarship, AWI is supporting the next generation of leaders in the Australian sheep and wool industry.
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Fine and superfine lots largest beneficiaries of new found buying vigour
| Merino Fleece led the charge with exporters opening the week with new orders that drove the price up 20-40c, with all merino MPGs affected.
Fine and superfine lots were the largest beneficiaries of the newfound buying vigour and the spinners… |
Crossbred fleeces under price pressure and Merino cardings underperforming
| Crossbred Fleece came under some price pressure on Wednesday as the weekly national offerings begin to increase on the Eastern Seaboard.
Price falls of 22c and 15c were measured in the 28-30 MPG’s on opening, whilst some support at the… |
Prices firm on crossbred lambs and down for Merino wether lambs
AuctionsPlus commercial sheep and lamb numbers remained steady last week at 70,078, a slight decrease on the previous week’s offering.
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Using saltbush to fill that late summer/early autumn feed gap
Many woolgrowers are turning to drought-tolerant native shrubs, such as saltbush, to provide an alternative source of nutrition for their livestock during the late summer/early autumn feed gap.
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Sheep Producers will not pursue investigation into eID tags
Following on from the national commitment to transition to electronic sheep eID, Sheep Producers Australia agreed to investigate options for developing and maintaining a national tag tender and procurement system to provide low-cost, incentivised eID tags for Australian sheep producers.
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Greasy wool market has found a temporary comfortable trading level
| Whilst the current greasy wool market has found a temporary comfortable trading level for export the outlook seems to indicate a sustained recovery in the next 6 to 10 months.
Held stocks of greasy wool on farm and in brokers… |
Well prepared skirtings with low VM and minimal frib trade at 10-15c/kg up
| Merino Fleece traded strongly with the 17.5 and finer MPG’s adding up to 23c dearer. The 18 MPG posted a 23c loss in Sydney this week, however this may have been a weekly selection adjustment in Sydney, as both the… Read More |