Sheep

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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Joined Merino ewes in demand and rise another $47

Quality feed in paddocks has supported ewe condition and preg scanning percentages, leading SIL Merino ewes to take the market by storm last week, with listings making up almost 20% of the weekly offering and prices averaging $47/head higher.

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