The physical wool market steadied last week, which was also reflected on the AuctionsPlus offer board with demand remaining high for fine wools while other categories have relaxed.
Sheep and lamb markets across Australia finally got back into their normal routine last week, after the last six weeks of holiday disruptions and ad-hoc January trading.
Peak woolgrower representative body, WoolProducers Australia (WoolProducers) has clarified there has been no official increase in the award for shearers and shed hands.
Highlights this week saw two lines of Jul/Aug 20’ drop Australian White ewe lambs from Condobolin NSW, weighing 54kg and station mated to Australian White rams return $601/head.
Another strong week for physical auctions as the AWEX Eastern indicator rose for its third consecutive week increasing 72c on Wednesday and a further 17c on Thursday to close the week at 1291c/kg greasy or 985c/kg in US dollar terms.
Peak woolgrower representative body, WoolProducers Australia (WoolProducers) has called out the Australian Workers Union (AWU) on incorrect statements regarding the current shearer shortage.
While holiday festivities took over and physical sale centres had their annual recess, the AuctionsPlus offer board remained in operation with nearly 900 bales sold from December 18.
The 15µ micron wool sold to a top of 1765c greasy or…