Best 18 micron wool makes 2106c/kg clean
The physical selling centres offered slightly under the expected number of bales of 51,000, with 49,003 presented, of which 42,441 bales sold.
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Merino ewe lambs jump in price to average $222
Merino ewe lambs registered the biggest price increase for the week, up $39 to average $222/head for the 2,362 head offered - with a clearance rate of 82%.
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19 micron wool makes 1791c/kg clean in new selling season
The first week of the new financial year and the new selling season saw a large expected offering of 58,000 bales, with 51,260 bales actually offered.
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Composite lambs on the price rise by $32/head
Composite and other breed lambs were the only category to display upwards movement, with a $32/head increase on last week, to average $214/head for the 1,953 head offered.
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First cross wether lambs average 15 per cent increase annually
Premiums for wether lambs have fluctuated, with second cross lambs fetching a higher average price in four out of the six years, with first cross wether lambs registering dearer trends in 2019 and again so far in 2021.
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Woo Producers boosting wool’s international image
WoolProducers Australia have been working with the Australian government to provide reassurance to our international customers of the industry and regulatory frameworks that Australian wool is produced under.
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Commodity price boom rubbing off on wool
The commodity price boom – which has seen some agricultural commodities rise to seven-year highs in recent months – has “rubbed off” on the wool market with prices recovering from last year’s lows, albeit not to the same heady highs, according to agribusiness banking specialist Rabobank.
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Broad 27 micron wool tops at 513c/kg clean
The final auctions of the 2020/21 wool season were held last week, with negative price trends across all sectors being registered.
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Crossbred lambs and first cross ewe lambs in high demand
Crossbred lambs and first cross ewe lambs continued to be in high demand, noting $10 and $17/head increases.
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Shipping issues cause headaches for wool buyers filling contracts
Fine Merino fleeces have once again been the driving force behind the rise in the AWEX Eastern Market Indicator (EMI) for selling week 52.
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Aussie White ewe lambs achieve stellar new record of $994
Joined ewes were highly sought after, with increased average prices across indicative classes and a record was once again broken on AuctionsPlus.
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Jump in wool exports to India and Czech Republic
The AWEX Eastern Market Indicator (EMI) rose by 55c to close out the selling week at 1,448c/kg or 1,105c/kg in US dollar terms and the passed in rate remained strong at 4.6%. In the last two weeks, the EMI has increased by over 100c, lifting to pre-COVID levels.
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