Merino wether lambs averaged $4 dearer at $123 with prices ranging between $90 and $146 on AuctionsPlus.

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Some continued relief for the wool market last week as for the second consecutive week the market has experienced gains, promoting an added level of confidence that was not present a few weeks ago.

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Merino wether lambs were in high demand, achieving a 98% clearance rate with prices remaining steady on last week.

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After ongoing market retraction since March, the wool market has finally made a significant step forward.

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Sheep Producers Australia has become increasingly concerned by the unchanging situation for abattoirs in Victoria.

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Merino ewe lambs achieved 100% clearance as they sold between $128 and $226 to average $180, an increase of $3 on the previous week.

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The Australian wool market continued its downward trajectory last week.

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The AWEX EMI lost 16c over the week to close off at 929c, or in US doller terms the indicator fell to 671c.

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Ewes with lambs at foot (LAF) sold from $188 to $417, averaging $439, up $93 on last week on AuctionsPlus.

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The Australian Wool Production Forecasting Committee has updated its forecast of shorn wool production for the 2020/21 season.

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Data-driven decision making in the sheep industry has been given a boost, with the popular Sheep Notes reference publication going online.

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MLA has launched a newly developed Sheep Genetics search web tool that offers a range of improved features that make Australian Sheep Breeding Values (ASBVs) more accessible, and gives users the ability to customise data to suit their needs.

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