Light at the end of the tunnel for wool market
After ongoing market retraction since March, the wool market has finally made a significant step forward.
Wool, lamb, and Merino genetics, covering what's shaping Australia's sheep industry.
After ongoing market retraction since March, the wool market has finally made a significant step forward.
Sheep Producers Australia has become increasingly concerned by the unchanging situation for abattoirs in Victoria.
Merino ewe lambs achieved 100% clearance as they sold between $128 and $226 to average $180, an increase of $3 on the previous week.
The Australian wool market continued its downward trajectory last week.
The AWEX EMI lost 16c over the week to close off at 929c, or in US doller terms the indicator fell to 671c.
Ewes with lambs at foot (LAF) sold from $188 to $417, averaging $439, up $93 on last week on AuctionsPlus.
The Australian Wool Production Forecasting Committee has updated its forecast of shorn wool production for the 2020/21 season.
Data-driven decision making in the sheep industry has been given a boost, with the popular Sheep Notes reference publication going online.
MLA has launched a newly developed Sheep Genetics search web tool that offers a range of improved features that make Australian Sheep Breeding Values (ASBVs) more accessible, and gives users the ability to customise data to suit their needs.
Merino hoggets remained firm to average $2 dearer at $231 with prices ranging between $120 to $336 on AuctionsPlus.
The physical wool auctions opened stronger from the record falls experienced last week, with price increases recorded across most categories.
A new AWI-sponsored project is investigating the role that Chlamydia has on sheep health and lamb losses in Australian flocks, and aims to develop a simple cost-effective test for the disease.