Confidence in Australia’s farming sector has lifted, as the nation’s farmers hang their hopes on continuing strong commodity prices – particularly in livestock sectors – and better seasonal conditions in a number of regions, the latest Rabobank Rural Confidence Survey has found.

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One of the nation’s leading indexing Poll Dorset rams set a new record top price of $16,000 at the dispersal of the Pepperton Poll Dorset and White Suffolk stud, selling to Meat Elite Australia.

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Merino fleece experienced wild MPG movements across selling centres. While premiums for the 1618.5 µ categories were evaporating, this could partly be explained by differences in selection, storage location, or a realignment of price disparities between centres from previous weeks.

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Funding is now available to Western Australian sheep producers and processors to build capacity under the $40 million Supply Chain Capacity Program.

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 Merino Fleece saw the northern markets open up to 30c clean dearer and continue that trend on Wednesday with the 18.5µ and coarser adding another 10-15c.

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Sheep producers will have a rare opportunity to secure maiden ewes and young sires ranking in the top one percent of the industry for carcase and lamb eating quality at the Pepperton Farms dispersal in October.

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Merino Fleece posted some of the best weekly increases for some time with the upward range spanning 10c to 38c in the Northern MPG’s whilst the Southern MPG’s added 5c to 28c.

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The AWEX EMI closed on 1221c, up 9c at auction sales in Australia with 23,623 bales going under the hammer with Sydney and Melbourne centres offering, with Fremantle sitting out for the penultimate sale before the 3-week recess.

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The Merino Fleece market saw the better style and specified lots open strongly, with rises in the 16.5- 19 MPG’s. 19.5-20 MPGs measured a 20c decrease last week which was more an alignment between centres rather than a decrease in price.

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Footrot is an inflammatory bacterial disease effecting the feet of sheep. More extreme (virulent) cases can result in detachment of the horn of the hoof, leading to lameness, ill thrift and secondary conditions, such as flystrike.

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Tuesday’s Merino fleece  market opened with slightly better results in all sectors with 17.5,19 & 20 MPG’s holding firm the 17.0, 18.0 & 18.5 MPG rising between 1 and 5c and the 19.5 MPG falling by 8c.

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Last week saw the merino fleece MPG’s 17.5µ and coarser rise between 8-24c in Sydney and Fremantle whilst the corresponding MPGs in Melbourne lost between 4c to 7c.

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