Industry owned initiative Australian Wool Traceability Hub to launched by mid year
An industry owned and led initiative, the Australian Wool Traceability Hub (the Hub) is scheduled to be officially launched by mid-year.
Sheep
Wool, lamb, and Merino genetics, covering what's shaping Australia's sheep industry.
Australia forecasted to remain the world’s largest exporter of sheep meat
New data from Australia’s agricultural research experts, ABARES, has shown global demand for Australia’s premium sheepmeat products remains high.
Public hearings for inquiry into ending live sheep exports by sea
The House Standing Committee on Agriculture has began an inquiry into the Export Control Amendment (Ending Live Sheep Exports by Sea) Bill 2024, which will end the live sheep export trade by sea from May 1, 2028.
Better price outcomes as fleece market attracts more positive bidding
Merino Fleece eventually experienced moderate rises across most selling centres and most MPG’s after starting moderately on Tuesday, the fleece market attracted more positive bidding as Wednesday progressed, resulting in better price outcomes. The competition dominance returned to the local trading exporters this week as they increased their buying activity substantially, pushing the indent operators […]
Merino fleece trades sideways while Merino skirtings draws premiums up to 30c/kg
Merino Fleece seemed to trade sideways tending a few cents cheaper as a result of a strong currency exchange rate whilst the competition held the finer MPG’s relatively steady, the medium and coarser merino MPG’s measured solid falls by the close of the week. Competition was dominated by the three large Chinese Top Makers whilst the […]
AgForce speaks out against ban on live sheep export trade
Industry is reeling over the fact that primary producers were told of the fate of the Australian live sheep export trade at the same time as the activists and the anti-agriculture groups that the Australian Labor Party pandered to when making an ill-conceived 2022 Election promise.
Market sees improved buyer support on weaner and prem shorn wools
Merino Fleece posted solid gains in last week’s sale after posting negative results over the past two weeks. Most Merino MPG’s between 16.5 – 20 µ crept up by 13-27c in the northern markets, with the exporters clearly exerting some increased price pressure on the FNF (low VM) fleece lots. Whilst the Southern markets performance […]
Sheep, wool and community dedication earns Jodi coveted medal
Winton wool grower and classer Jodi Axford has received the prestigious Dr Jim Watts Memorial Medal for her skill at marketing sheep, meat and wool in a challenging environment, and commitment to bettering her community.
Drought stricken producers receive $8.6 million funding package
Sheep Producers Australia and Cattle Australia welcomed an announcement by the Cook Government of a $8.6 million funding package to support Western Australian producers.
Seasonal and market conditions producer survey extended to next week
Sheep Producers Australia, Cattle Australia, and Western Dairy have made the decision to extend the 2024 WA Seasonal and Market Conditions Producer Survey*, now closing next Wednesday 8 May 2024.
Wool market resembles a game of snakes and ladders with gains and losses
The wool market behaviour has resembled a “snakes and ladders” pattern over the past fortnight as the previous two sales accrued a 30c gain in the EMI and in one week it gave back 20c of the initial gains. The fluctuating currency exchange (AUD V USD) went against the market towards the end of the week […]
Merino fleece, skirtings and cardings close the week slightly dearer
Merino Fleece closed last week 15-45c dearer, however the MPG rises measured on Tuesday were 25-57c in Sydney as the Chinese indents and large Chinese topmakers traders competed to cover their orders.
