First cross ewes and lambs hit a record $561
Ewes with lambs at foot were a big talking point this week, with another record broken at $561 for first cross ewes.
Overall, this category registered a 91.6% clearance rate, with a total of 1,212 head sold.
Prices ranged…
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Bids flow from overseas markets to correct wool prices
The Australian wool market steadied last week with supply continuing to exceed demand among the estimated 40,641 bales offered across the nation.
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New guide launched for shearing shed safety
Australian Wool Innovation and WA Shearing Industry Association have launched the newly developed SafeSheds, The Shearing Shed Safety Program.
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Be aware of biosecurity credentials of bought-in sheep
Peak woolgrower representative body, WoolProducers Australia (WoolProducers), is urging sheep producers who are purchasing stock to ensure the biosecurity credentials of the animals before receival.
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Wool buyer confidence despite rising China trade tensions
The physical wool market held firm last week with the Sydney and Melbourne markets regaining early falls.
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Australian White ewe lambs hit $458
A line of Jul/Aug 20’ drop Australian White future breeder ewe lambs weighing 46kg, from Marrar NSW, returned $458/head on AuctionsPlus last week.
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Mumblebone Merino ewe lambs in demand at $301
Merino ewe lambs saw prices remain firm last week, averaging $168, back $2 from last week with prices ranging from $145 to $301.
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Wool buyers making last minute purchasing decisions
An overall price rise was experienced in the physical wool market last week which traded on Wednesday and Thursday due to the Melbourne Cup subsequently pausing the wool market.
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Prices continue to trend upwards for Merino ewe lambs
Merino ewe lambs sold from $150 to $258, averaging $170, up $6 on last week, achieving a 74% clearance rate on AuctionsPlus.
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Supply passes demand as wool market weakens again
The physical wool market corrected last week with the biggest drop experienced in the Sydney market, back 77c on Tuesday.
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Food service recovery drives mutton demand
For the year-to-date the National Mutton Indicator has averaged 606¢/kg carcase weight (cwt), up 96¢/kg, or 19%, on the same time last year.
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Tips for finishing lambs off pastures
High-performance forage crop and perennial pasture systems were put to the test in NSW’s Monaro region in an MLA-funded Producer Demonstration Site (PDS) to see how finishing lambs stacked up compared to the traditional store lamb system.
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