Top Merino fleece makes 1227c/kg greasy
After two weeks of positive gains, the wool market has slipped backwards due to minimum business conducted with overseas mills.
Wool, lamb, and Merino genetics, covering what's shaping Australia's sheep industry.
After two weeks of positive gains, the wool market has slipped backwards due to minimum business conducted with overseas mills.
Demand for merino ewe lambs was strong this week with the category returning a 100% clearance, and selling from $90 to $370, averaging $196, up $60 on last week.
WoolProducers Australia is reminding those growers who haven’t yet voted in this year’s AWI director elections to make sure they have their say.
Large gains were seen across all types last week, with the EMI finishing up at 1594c.
The Bendigo Premier Exclusive Breeders First Cross Sale was interfaced for the first time with pleasing results.
A decrease in the supply of restocker weight lambs through saleyards has started to impact prices, with the national restocker indicator above trade weights since the beginning of October.
The Australian wool market made consistent and sustainable steps forward last week, after months of yo-yoing up and down.
Selling for an average of $209, an increase of $34, Merino ewe hoggets saw a price range from $85 to $282 on AuctionsPlus.
Last week saw the wool market regain a level of normality, contrasting previous weeks dramatic rises and falls.
Merino ewe lambs sold from $58 to tops of $225 and averaged $145, down $32 on the previous week on AuctionsPlus.
Applications from young sheep and wool handlers for the 2020 Peter Westblade Scholarship and Wyvern training weekend are now open.
The lamb market is beginning to see the impacts of new season lambs entering the market in greater numbers, with Tuesday’s Eastern States Trade Lamb Indicator (ESTLI) decreasing 25¢ on the week prior.