Wool, lamb, and Merino genetics, covering what's shaping Australia's sheep industry.
Peak woolgrower representative body, WoolProducers Australia (WoolProducers), is urging sheep producers who are purchasing stock to ensure the biosecurity credentials of the animals before receival.
The physical wool market held firm last week with the Sydney and Melbourne markets regaining early falls.
A line of Jul/Aug 20’ drop Australian White future breeder ewe lambs weighing 46kg, from Marrar NSW, returned $458/head on AuctionsPlus last week.
Merino ewe lambs saw prices remain firm last week, averaging $168, back $2 from last week with prices ranging from $145 to $301.
An overall price rise was experienced in the physical wool market last week which traded on Wednesday and Thursday due to the Melbourne Cup subsequently pausing the wool market.
Merino ewe lambs sold from $150 to $258, averaging $170, up $6 on last week, achieving a 74% clearance rate on AuctionsPlus.
The physical wool market corrected last week with the biggest drop experienced in the Sydney market, back 77c on Tuesday.
For the year-to-date the National Mutton Indicator has averaged 606¢/kg carcase weight (cwt), up 96¢/kg, or 19%, on the same time last year.
High-performance forage crop and perennial pasture systems were put to the test in NSW’s Monaro region in an MLA-funded Producer Demonstration Site (PDS) to see how finishing lambs stacked up compared to the traditional store lamb system.
Australian Wool Innovation’s The Woolmark Company has teamed up with Wieden+Kennedy Shanghai to launch its first-ever brand campaign in China, aiming to turn its prestigious Merino Wool into the most coveted winter fiber for 2020.
The past week has seen the wool market continue to strengthen with further price increases.
The highlight of the week goes to A/c “Canonbar Pastoral Company” Nyngan, NSW who offered a line of White Dorper ewes, aged 3 to 6 years, weighing 73kgs and scanned in lamb to Etiwanda & Kaya Dorper rams.
