End of year wool statistics showing a 304c/kg drop for the season
| The end of year statistics are really shocking with the EMI showing falls of 21.3%, a 304c drop for the season. The EMI price fall USD terms is down 24.2% falling by 239 USc.
The total value of wool sold… |
Sheep Genetics collected commercial measures of eating quality at abattoirs
Sheep Genetics is working with breeders who are consigning SG animals to abattoirs, collecting commercial measures of eating quality.
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Novice shearing and wool handling courses giving solid introduction to industry
AWI-funded novice shearing and wool handling training courses provide participants with a solid introduction to the wool harvesting industry and create a pathway for them to obtain ongoing employment.
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Little confidence in any price recovery emerging from wool trade
| Merino Fleece experienced falls on both sale days with the same slowing of the falls in the MPG’s evident on Wednesday.
Falls ranged between 20-100c with the support dominated by the large Chinese top makers, however they were pushed for… |
Wool market unlikely to have a price recovery until 2024
| The wool market is looking for a negative trend disrupter, and at this point there is no clear vision of what that could be.
Despite the reports of large investment in new processing plants the reports of stock levels and… |
Farmers welcome $9.3 million funding to transition to mandatory eID tags
Livestock SA has welcomed the State Government’s announcement of key dates and the associated initial $9.3 million funding package, to assist producers and the broader industry start the transition towards mandatory sheep and goat eID in South Australia by January 2025.
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Findings show devastating impact of proposed live sheep export ban
Startling findings from two different surveys have highlighted the devastating impact the proposed live sheep export ban is having in Western Australia, according to the country’s peak farm body.
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Report finds AWI management and governance fit-for-purpose
Australian Wool Innovation (AWI) Chairman Jock Laurie has welcomed the Australian National Audit Office (ANAO) report on whether AIWI is largely complying with the Statutory Funding Agreement (SFA) with the Australian Government.
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Upside in wool market from large Australian trading exporters
Exporters are reporting very poor business conditions out of China at the end of last week so we can expect another tough week for the wool market.
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Farmers call for mandatory electronic ear tags to cost no more than $1 per tag
The state’s peak agricultural body says mandatory electronic identification tags for sheep should cost no more than $1 per tag, setting a clear target for state and federal governments.
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Spot market heading into darker places over the next few months
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Wool exporters report deteriorating volumes of suitable wool types
| The AWEX EMI closed on 1284c, down 26c at auction sales in Australia and in US terms the EMI fell just 6c, highlighting the effect of the appreciating value of the AUD against the USD.
With the AUD increasing by… |