This year is an important year for woolgrowers to have their say in their representation of levy expenditure via the Australian Wool Innovation (AWI) director elections.
National lamb slaughter hit 2.16 million head in May, the third highest monthly total on record. Since then, the anticipated lamb shortage has appeared, with June slaughter back 33% month-on-month and 23% on year-ago levels.
The wool market opened back up after a 3-week recess to a significant price correction as it experienced a sharp decline with all micron price indicators down across all selling centre’s.