The wool market gained last week with the AWEX Eastern Market Indicator up 26c on Tuesday then rising a further 28c on Wednesday to close out the week at 1198c/kg, or 892c in US dollar terms.
Did you know crop stubbles grown in Australia could provide about three billion ewe grazing days, or enough forage to feed Australia’s 65 million sheep flock for six weeks?
The wool market eased slightly last week, with the AWEX Eastern Market Indicator down 17c on Tuesday then rising 11c on Wednesday to close out the week at 1144c/kg, or 844c in US dollar terms.
The wool market remained relatively firm last week, dropping 9c across the two sale days. The AWEX fell 3c on Tuesday and then a further 6c on Wednesday, to close the week out at 1150c, or in US dollar terms 846c.