Tight saleyard supply has continued to place upward pressure on prices in recent weeks, with a milder than average spring and continual rainfall supporting producers’ attitudes to add weight and hold lambs for longer.
New season lamb numbers totalled 106,046 head last week, with mixed results across the six categories, as lighter lines and reduced buyer tenacity resulted in decreased clearance rates.
The top priced 20µ micron lot sold for 1,025c/kg greasy, or 1,387c/kg clean. The top priced lot for the month was 2 bales of “CRESSBROOK” branded 15.5µ micron wool offered by Nutrien Ag Solutions - NSW.
New season lamb numbers totalled 114,746 head last week. The surge in numbers is a combination of several factors, but ultimately underpinned by the excellent lambing rates from the positive seasonal conditions across the eastern seaboard in 2021.
Peak woolgrower representative body, WoolProducers Australia (WoolProducers) is calling on all Australian Wool Innovation (AWI) shareholders to vote in this year’s director elections and not leave proxies undirected.
Australian Wool Innovation will spend an extra $950,000 to accelerate research into flystrike genomics and new extension workshops on breeding for natural flystrike resistance.
The reduced offering of 34,498 bales apparently signalled some pre-sale supply panic and exporters exploded out of the blocks on Tuesday pushing the merino MPG’s up to 90c dearer.
Merino ewe lamb numbers registered an astounding jump from last week - up 443%, as South Australian lambs hit the market, accounting for 90% of the category.
AWI is pleased to announce the appointment of Stuart McCullough to the new international role of Chief Marketing and Innovation Officer, allowing him to devote his time to the biggest issues facing the wool industry and Australian woolgrowers.