Further gains in wool market with upswing of 117c/kg
The wool market has had another strong week with prices on the rise and further gains experienced.
Sheep
Wool, lamb, and Merino genetics, covering what's shaping Australia's sheep industry.
Merino ewe lambs average $239 and top at $300
Merino ewe lamb numbers were low last week, but prices were far from low ranging from $198.50 to $300 to average $239.
Wool market upswing results in gain of 26c/kg
A rise in the wool market has seen wool buyers and exporters flow back online onto the AuctionsPlus Offer Board.
Merino ewe lambs up $7 to top at $321
Merino ewe lambs averaged $210, up $7, selling from $153 to $321 on AuctionsPlus last week.
Increasing carcase weights will not offset decline in slaughter rates
Despite demand uncertainties, sheep producers appear to have commenced flock rebuilding amid improved seasonal conditions, high end productivity and record lamb prices, according to Meat & Livestock Australia’s 2020 Sheep Industry Projections September update.
Entries now open for superfine fleece competition
The Australian Superfine Wool Growers’ Association will be holding its annual fleece competition for 2020-21 with entries closing 31 January 2021.
LambEx 2021 now cancelled due to COVID risks
The organisers of Australia’s premier sheep and lamb conference, LambEx, have announced the event that was rescheduled for 2021 in Victoria, has been cancelled.
First cross ewe hoggets crack $418 last week
First cross ewe hoggets sold from $250 to $418, averaging $333 last week.
Wool market continues uphill trajectory to break 1000c/kg
The wool market has continued its uphill trajectory, edging above 1000c for the first time since early August.
Merino wether lambs $4 dearer to top at $146
Merino wether lambs averaged $4 dearer at $123 with prices ranging between $90 and $146 on AuctionsPlus.
Relief for wool as market experiences price gains
Some continued relief for the wool market last week as for the second consecutive week the market has experienced gains, promoting an added level of confidence that was not present a few weeks ago.
Bundilla blood wether lambs in high demand to top at $147
Merino wether lambs were in high demand, achieving a 98% clearance rate with prices remaining steady on last week.
