Sheep

National flock projected to increase by five per cent

The national sheep flock is set to enter a significant rebuilding phase in 2021 on the back of improved seasonal conditions in key sheep production regions of eastern Australia, according to Meat & Livestock Australia’s 2021 Sheep Industry Projections released this month.

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Chinese buyers inject positivity into wool market

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.

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