Finer microns sell to top of 2019c/kg clean
The AWEX Eastern Market Indicator rose by 9c on Tuesday and a further 6c on Wednesday, seeing the selling week close out at 1,300c, representing a proportional increase of 15c from last week’s figures or 989c in US dollars.
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Trust in Australian wool campaign covers animal welfare
This campaign includes the development of a handbook that covers the areas of animal health, welfare, biosecurity, traceability, sustainability, clip preparation and quality assurance.
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Australian White ewe lambs make $563 in restocker frenzy
One of the highlight sales for the week was the transaction of 30 Australian White future breeder ewe lambs, out of Oberon NSW, at $563/head – the second highest lamb price on record for AuctionPlus.
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Shipping issues to dampen recovering wool price
The AWEX Eastern Market Indicator rose by 6c on Tuesday and a further 2c on Wednesday to close out the selling week at 1,285c/kg, or 977c in US dollar terms.
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Colette Garnsey to step down as chair of AWI
Australian Wool Innovation shareholders will have the opportunity to vote on changes to the AWI Constitution that will put limits on the tenure of directors.
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Broader micron categories lose 20-30c at last wool auctions
For the first time in 4 weeks the EMI fell below 1300c as the 48,409 bale offering came under some price pressure from early in the sale series.
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Merino wether lambs slip but ewe prices up again
The large jump in crossbred and Merino wether lambs had prices back slightly for both categories, with crossbred lambs averaging $161 for the week – down $9/head on last week.
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Growers offering stock pile of drought- produced wool
The AWEX Eastern Market Indicator rose 7c on Wednesday but fell 8c on Thursday, closing out the selling week at 1,309c/kg greasy, or 1,014c/kg in US dollar terms.
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Prices jump for shedding breeds by $53/head
Crossbred lambs and shedding breed lambs saw a large influx of listings, with 10,729 head and 3,203 head offered, respectively.
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Lots poorly classed or from composite breeds hard to sell
Merino Fleece finished the week in a slightly weaker position in AUD terms, however the exporter competition was widespread and variable throughout the week.
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Superfine wool makes 2965c/kg dry at market
The national wool offering for last week remained on par with last week after 52,656 bales were predicted while 50,596 bales were available – an increase of 458 bales on the previous week.
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Strengthening Aussie dollar sees wool fall out of favour
National wool listings increased last week with the inclusion of a designated Australian Superfine Sale.
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