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September 30, 2020Online auction proves no barrier at Rock-Bank
STOCK & LAND – by Andrew Miller – “* 45 of 48 rams sold to $9200, av $2544. A Rock-Bank Merino is again heading across ‘the ditch” to New Zealand, with travel restrictions proving no barrier to the successful bidder.”
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September 29, 2020Has the wool market finally hit its bottom?
QUEENSLAND COUNTRY LIFE – by Joely Mitchell – “The upwards trend of the wool market in the last three weeks has left many wondering whether prices have finally hit their bottom.”
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Kolindale ram sale hits $6000 top twice
FARM WEEKLY – by Jodie Rintoul – “IT was another big day for the Ledwith family’s Kolindale stud at Dudinin last week when it hosted its annual on-property Merino, Poll Merino and White Suffolk ram sale.”
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Buyers take advantage of online bidding at Hynam
STOCK & LAND – by Andrew Miller – “*32 of 50 rams sold to $1800 (twice), av $1216. Hynam Poll Merinos stud principal Kevin Hynam says running an online auction, alongside one held on property, paid dividends at his third annual sale.”
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Buyers bid to $1300 twice at Aylesbury
FARM WEEKLY – by Jodie Rintoul – “THE Last family’s Aylesbury stud Merino and Poll Merino stud, Merredin, like most this selling season, felt the effects of the dry seasonal conditions and a depressed wool market when it hosted its 35th annual ram sale at Merredin recently.”
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Well known fashion brands invest in Australian Merino wool
NORTH QUEENSLAND REGISTER – by Kristen Frost – “As the world begins to emerge from the darkness of the global pandemic, the future of Merino wool in America looks to be brightening.”
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Showing strength in value-for-money
STOCK & LAND – by Chris Wilcox, National Council of Wool Selling Brokers of Australia executive director – “After continuing to fall at the start of September, Australian wool prices rebounded sharply for the remainder of the month as processors started to worry about restricted auction supplies in coming months.”
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September 28, 2020Merino wool growers – it’s time to prepare for the recovery
SHEEP CENTRAL – “NOW is the time for Merino producers to prepare for the industry’s recovery and produce sheep that can be accredited as non-mulesed, don’t require heavy chemical use and grow high quality premium-priced wool, according to Natasha Favaloro.”
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Wool market puts on 99c
QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders Queensland wool manager – “THE wool market in Australia had another really good crack last week and very nearly notched up a ton, falling just 1c short, with a 99c rise in AWEX’s Eastern Market Indicator. “
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September 25, 2020Online wool sales boom as demand returns to market
SHEEP CENTRAL – “ONLINE wool sales boomed this week with the AuctionsPlus offer board selling 1468 bales up to Thursday. Most of the bales were sold on Tuesday (645 bales) and Wednesday (436 bales).”
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Forward wool market bids spring into life with auctions
SHEEP CENTRAL – by Simon Hood, Southern Aurora Markets – “BIDS on the forward wool market sprang back into life with the auction market this week. On the first day of auction sales, forward bids came right up to closing cash levels and flowed into early next year.”
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Australian wool prices rebound at auctions
SHEEP CENTRAL – “AUSTRALIAN wool prices have posted their biggest weekly gains since September last year, driven by low global raw wool stocks at processors.”
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Search on for NSW growers mulesing sheep without pain relief
SHEEP CENTRAL – by Terry Sim – “NEW South Wales wool growers who mules sheep without pain relief are being sought to test current animal cruelty legislation, following the failure of a bill aimed at regulating mulesing in the state.”
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September 20, 2020Donald Dinnie world record ram
QUEENSLAND COUNTRY LIFE – by Stephen Burns – “The walls of the office on the Millear family property Eastleigh, Willaura are hung with many framed photographs of valuable and prize winning Merino rams bred by Tony Millear’s grandfather Thomas Millear Junior.”
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September 18, 2020Combined sale tops $4200 and $4700
FARM WEEKLY – by Wendy Gould – “IT was a day of firsts when the Lewisdale-Corrigin and Eastville studs joined forces to sell under one roof on-property at Dudinin last Friday where Poll Merinos claimed top price honours in both catalogues at $4200 and $4700 respectively.”
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Kamballie ram sale tops at $11,250
FARM WEELY – by Kane Chatfield – “THE Mackin family’s Kamballie stud capped off what has been an unprecedented year with a successful result at its fourth annual on-property ram sale at Tammin last week.”
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Grower plan to end WoolQ online platform investment
SHEEP CENTRAL – by Terry Sim – “AUSTRALIAN wool growers will be petitioned to support the abandonment of the industry’s WoolQ online services and trading platform.”
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Online wool conference to connect growers with retail
SHEEP CENTRAL – “INTERNATIONAL wool processing group Schneider will hold a world-first online conference in October to connect growers with consumers and brands.”
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Australian wool prices continue to rise after weekly auction lift
SHEEP CENTRAL – “WOOL trading continued at higher price levels in Australia later this week after a solid rise in auction prices mid-week, sparking speculation the Australian market might have rebounded from its ‘bottom’.”
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September 17, 2020Australian wool market makes positive traction, bumping up by 47 cents
STOCK & LAND – by Kristen Frost – “The Australian wool market made some welcome positive traction this week with the Eastern Market Indicator (EMI) lifting by 47 cents to close at 937 cents per kilogram, clean.”
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Twice the quality and half the price – WQ woolgrowers prepared for pain
QUEENSLAND COUNTRY LIFE – by Sally Gall – “It’s been an impressive sight coming out of Queensland’s central west in the last few months – trucks loaded four tiers high with wool on the highways – but the end result might not be one growers were initially expecting.”
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September 16, 2020Stockpile to grow as wool prices fall to 12 year lows
SHEEP CENTRAL – “COVID-19 disruptions have triggered a significant reduction in wool, sheep and lamb price forecasts for 2020-21, with ABARES predicting the emerging wool stockpile will continue to grow as ‘a natural consequence’ of the current global situation.”
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Promote non-mulesed wool as a product – NewMerino
SHEEP CENTRAL – by Terry Sim – “NON-MULESED Merino wool promotion linking supply with provenance would be a powerful market differentiation tool for Australia’s industry, according to NewMerino owner Peter Vandeleur.”
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Shearing industry forced to defend its use of New Zealand workers
STOCK & LAND – by Joely Mitchell – “The Australian Workers’ Union says the federal government’s decision to allow short-term visas for New Zealand shearers will rob young Australians of the chance to take up the trade during COVID-19.”
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September 15, 2020Hannaton Merinos sell more rams, better average
STOCK & LAND – by Alastair Dowie – “*101 of 106 rams sold to $4500 (three times), av $2337 The Hicks family were ‘delighted’ with the results of their Hannaton Merinos on-property sale at Kaniva with more rams being sold and at a higher average price.”
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Training to get fibre fit
STOCK & LAND – Fox & Lillie Rural – “Australian wool industry stakeholders have noted an increasing number of local people wanting to participate in shearing and woolhandling courses as they consider new employment opportunities.”
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Australian Fleece Competition calls for entries
FARM ON LINE – by Joely Mitchell – “Wool growers are being encouraged to put fleeces aside after this year’s spring shearing to enter into the 2021 Australian Fleece Competition.”
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September 14, 2020Cardiff on-property sale reaches $6600
FARM WEEKLY – by Kane Chatfield – “THE Davies family notched up a solid result at its annual Cardiff Merino and Poll Merino stud on-property ram sale at Yorkrakine recently.”
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Lewisdale anniversary sale tops $21,000
FARM WEEKLY – by Kane Chatfield – “LEWISDALE celebrated the 70th anniversary of the stud with an emphatic result at its 57th annual on-property ram sale at Stud Park, Wickepin recently.”
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Changing fabric of global demand feeds into market turbulence
FARM WEEKLY – by Bruce McLeish, Elders Wool – “The mood in wool sale rooms across Australia was much brighter last week, with early stage processors having placed enough orders to provide a bit of a spark into the previously beleaguered market.”
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Rams hot property as producers make moves to rebuild flocks
NORTH QUEENSLAND REGISTER – by Kristen Frost – “As the spring ram selling season gathers momentum, all signals are pointing towards a buoyant outcome as sheep producers make plans to rebuild their flocks.”
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Most Merino ewe prices increase in larger AuctionsPlus offering
SHEEP CENTRAL – “MOST Merino ewe categories posted price increases in a larger AuctionsPlus offering last week. The offering 81,000 sheep and lambs was 13,500 head up on the previous week and the platform achieved an overall 87 percent clearance rate.”
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Stronger demand for Auctionsplus wool offering
SHEEP CENTRAL – “STRONG demand at wool auctions last week spilled over to the online AuctionsPlus offer board platform last week, with buyers and exporters purchasing 165 bales.”
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Add value, promote and refocus AWI, says wool brand owner
SHEEP CENTRAL – “MELBOURNE-BASED Merino mens apparel brand chief executive John Kellett has an eight-point action plan for the nation’s wool industry that includes value-adding, boosting marketing, and refocusing Australian Wool Innovation’s role, activities and levy system.”
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September 9, 2020Wool boss declares ‘every single’ area of spending under review following massive revenue hit
ABC NEWS – WA Country Hour – by Daniel Mercer and Jessica Hayes – “Australia’s peak wool producers’ body vows to axe staff and slash costs as it tries to deal with the fallout from the COVID-19 pandemic and a global downturn in retail spending.”
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Demand for Merino wool drops 40 per cent (NZ)
NZ HERALD – THE COUNTRY – by Maja Burry of RNZ – “Demand for Merino wool has taken a hit, with fine wool prices at auction back by about 40 per cent on this time last year.”
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How wool growers are dealing with plummeting prices
NORTH QUEENSLAND REGISTER – by Joely Mitchell – “As wool prices continue to plummet, growers have been forced to make difficult decisions about whether they hold onto their wool or accept the prices and sell.”
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Caution urged around wool stockpile estimates
SHEEP CENTRAL – by Terry Sim – “Landline presenter Kerry Lonergan tweeted that Australia’s wool bale stockpile was likely to top 1.5 million bales by mid-2021. On Landline last Sunday he quoted Mecardo’s estimate of about 340,000 bales held in broker’s stores, and again suggested that wool held on properties and ongoing production could mean up to 2 million bales in storage by mid-2021.”
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August 31, 2020Wool exporter ‘severely’ affected by COVID-19
STOCK & LAND – by Taylor Padfield – “International wool trader Australian Merino Export has suffered a 30-40 per cent drop in the wool market amid the COVID-19 pandemic.”
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Ignition needed to spark wool demand
FARM WEEKLY – by Bruce McLeish, Elders – “It was another fairly lacklustre affair at Australia’s wool auctions last week, with only Sydney and Melbourne centres in operation. Fremantle sat on the sidelines, as did South Africa.”
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New Zealand strong wool producers form new group
SHEEP CENTRAL – “NEW Zealand strong wool producers have united in a new group to renew a focus on stimulating consumer-led innovation.”
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Wool and sheep meat industries should diversify market reach
SHEEP CENTRAL – by Terry Sim – “AUSTRALIA’S levy-funded wool and sheep meat marketing bodies should escalate development efforts to diversify offshore processing and market access options, a leading thinktank director believes.”
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Coromandel and St Quentin win PRO event
FARM WEEKLY – by Jessica Whyte – “ATTRACTING a crowd was this year’s Elanco PROram and PROewe competition held at the WA Sheep Expo & Ram Sale at Katanning.”
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August 30, 2020NAB predicts $10/kg wool to stay this year
COUNTRYMAN – by Cally Dupe – “Australian wool prices are pegged to hover about $10/kg this year before rising to $12/kg next year as the coronavirus pandemic continues to stifle consumer demand and industrial production.”
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Small sale fails to ignite wool market
QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders Queensland wool manager – “IT was another fairly lacklustre affair at the Australian wool auctions last week with only Sydney and Melbourne centres in operation as Fremantle sat on the sidelines, as did South Africa.”
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Local woollen mills push for more recognition
FARM WEEKLY – by Joely Mitchell – “With the majority of wool grown in Australia processed overseas, a group of small-scale processors in the country is working to gain recognition for products that are locally sourced and made.”
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Eastville Park reigns supreme
FARM WEEKLY – by Jodie Rintoul – “THIS year will not only go down in history as the year the COVID-19 pandemic caused chaos around the world, but also the first time the Mullan family, Eastville Park stud, Wickepin, claimed a supreme title at the WA Sheep Expo & Ram Sale.”
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August 29, 2020LATEST WOOL TRADING NEWS – AUGUST 2020
WOOLNEWS.NET – “NZ Cavalier to ditch synthetics… Australian shorn wool production stabilises …. “
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August 28, 2020Wool report: Can social media save the wool market? (NZ)
THE COUNTRY – Listen – Content PGG Wrightson – “This week The Country’s Rowena Duncum is joined by PGG Wrightson’s GM for wool Grant Edwards to look at the wool market this month.”
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Wool prices keep falling despite western market hiatus
NORTH QUEENSLAND REGISTER – by Joely Mitchell – “There was a significantly reduced offering of wool this week but that did nothing to support the market, with prices falling for the fourth week in a row.”
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Price depreciation slows at Australian wool auctions
FIBRE2FASHION – “The depreciation of price slowed down at the Australian wool auctions this week assisted by far less volume put up for sale. The eastern market indicator (EMI) fell by 1.7 per cent to 929ac cln/kg and the USD EMI lost more by falling to 669usc cln/kg, a 2.5 per cent decline. However, clearance rate lifted and 89 per cent of the offering was sold.”
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August 27, 2020Are sheep getting too big for shearers?
FARMONLINE – by Joely Mitchell – “There is a growing chorus coming from the Australian shearing industry that wool growers’ push to increase the size of their sheep is making them too big for shearers.”
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Preference for dual-purpose traits
FARM WEEKLY – by Jodie Rintoul – “WHEN growing up Jamie Anderson never imagined he would be running a Merino enterprise with his parents at Williams when he graduated from Hale School, but 20 years on he wouldn’t change a thing.”
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Fine Merino and oddment wool prices lift, but indicator drops
SHEEP CENTRAL – “FINE wool prices lifted in Melbourne and to a lesser extent in Sydney this week, but the market’s eastern states benchmark indicator dropped further as medium Merino and crossbred values weakened.”
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Training hubs to boost shearing industry
FARM WEEKLY – by Mal Gill – “NEW novice shearing hub camps this month and next will turn out another 20 trained shearers, pressers and wool handlers, but will not resolve Western Australia’s spring shearing skilled worker shortage.”
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August 26, 2020Time to rebuild the flock at Hyden
FARM WEEKLY – by Jessica Whyte – “AFTER time away from the family farm Hyden brothers Josh and Tim Whitwell have returned and are committed to rebuilding their Merino enterprise.”
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Robust rams at Oak Farms
PORT LINCOLN TIMES – “Nick and Jussy Lienert of Oak Farms Merino and Poll Merino Stud of Buckleboo presented a catalogue of 60 “bale busting” rams to the good gallery of buyers at its sale on August 20.”
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Sheep industry and RDCs fail to meet reproduction rate target
SHEEP CENTRAL – by Terry Sim – “AUSTRALIA’S sheep and wool industry and levy-funded bodies have failed to meet a target to raise average reproduction rates by 10 percent between 2012-17, a new report has found, while the nation’s flock remained historically low and sheep meat demand stayed strong.”
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AWI directors should take a pay cut for growers – Olsson
SHEEP CENTRAL – by Terry Sim – “DECLINING grower levy proceeds to Australian Wool Innovation from falling prices and production has prompted a former director to call for the company’s board to take an immediate 50 percent cut in fees.”
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August 25, 2020Trade players continue to be unsettled, hesitant and cautious
STOCK & LAND – by Alister Carr, Karee Wool – “Magnificent August rains continue to deliver near-perfect growing conditions throughout much of our eastern Australian sheep and wool growing regions.”
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August 24, 2020Wool part of great adventures
FARM WEEKLY – by Tamara Hooper – “CONTINUALLY looking for the best ways to promote Australian Merino wool means The Woolmark Company partners with companies and conducts campaigns that often aren’t visible in Australia or Western Australia, but are having great success highlighting Australian Merino on the world stage.”
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Kedleston Park top at $5500, av $2338
STOCK & LAND – by Alastair Dowie – “*45 of 50 rams sold to $5500, av $2339 Buyers from across Victoria bid freely at the Kedleston Merino and Poll Merino stud’s annual on-property sale at Calivil.”
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Wool market turns ugly on currency
QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders Queensland wool manager – “A DEGREE of ugliness returned to the wool market last week, with the currency again being a contributor.”
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August 23, 2020‘Wool Air’: Mercy dash for Kiwi shearers on the cards to help clip Australia’s flock
THE SYDNEY MORNING HERALD – by Rob Harris – “A mercy dash across the Tasman is being considered by the federal government to avert a nationwide shortage of shearers for Australia’s sheep flock.”
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Making garments of integrity
FARM WEEKLY – by Wendy Gould – “FARM Weekly’s WENDY GOULD first interviewed Matt Jensen, founder and CEO of leading menswear fashion retailer M.J. Bale, for WA Merino in 2012. In conjunction with Sydney advertising agency Whybin/TWA, his company had just been awarded two gold PR Lions, two silver PR Lions and a bronze Direct Lion at the 59th annual International Festival of Creativity event in Cannes, France.”
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Australian farmers, Chinese consumers and the political and trade tensions in between
ABC NEWS – ABC RURAL – by national rural reporter Kath Sullivan – “With a little more rain in the right places, Australia’s grain growers expect to harvest one of their larger crops in recent years. It’s a far cry from August 2019 when many creeks had stopped running and farmers wondered if it would ever rain again…”
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August 21, 2020Wool prices retreat again as EMI hits lowest point in eight years
QUEENSLAND COUNTRY LIFE – by Kristen Frost – “The Australian wool market has taken another hit this week with the AWEX Eastern Market Indicator (EMI) falling to its lowest level in eight years.”
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Pink Shearing for Liz day is back on
FARM WEEKLY – by Kane Chatfield – “The Davies family, Cardiff Merino and Poll Merino stud, Yorkrakine and the Jumbuk Shearing team had cancelled this year’s event normally held in mid-July in the wake of COVID-19, but with the easing of restrictions in WA, the popular fundraising event will now be on next Friday, August 28, 2020, from 2pm.”
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Tough auction week carries into wool forward market
SHEEP CENTRAL – by Michael Avery, Southern Aurora Markets partner – “THE tough week for auction sales was reflected in the range of prices paid on the forward market. All forward trading activity was centred around the Spring and early Summer.”
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WA wool growers still confident of industry’s future
SHEEP CENTRAL – “WESTERN Australian farmers remain optimistic about the long-term strength of the wool industry, despite the current challenges of COVID-19 impacting consumer demand and causing market disruption, according to NAB.”
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Shearing contractors and growers warned on COVID-19 risks
SHEEP CENTRAL – by Terry Sim – “COVID-19 transmission into and through Victoria’s meat processing sector was used to highlight virus risks to shearing and wool industry workers in a webinar yesterday.”
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August 20, 2020e-Bale technology making progress
QUEENSLAND COUNTRY LIFE – by Kristen Frost – “At a time when the digital transfer of information has never been so important, work is steadily progressing on the ability to electronically transfer wool clip information from farm to warehouse.”
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August 18, 2020Wool retailers adapt to COVID-19 challenges
NORTH QUEENSLAND REGISTER – by Joely Mitchell – “Australian wool clothing retailers are adapting to the challenges COVID-19 has thrown their way and are setting themselves up to thrive post-pandemic.”
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Wool buyers taking no risks in tight wool market
STOCK & LAND – by Kristen Frost – “Off the back of the recent drought, stumbling prices and high pass-in rates, woolgrowers are facing uncertain territory.”
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Melbourne open-cry wool auctions allowed to proceed
THE LAND – by Joely Mitchell – “The Victorian government has announced that open-cry auctions at the Melbourne woolstores will be able to proceed despite concerns last week that they would need to cease as part of the state’s stage four lockdown.”
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Recent wool slump unique to normal market cycles
FARM ON LINE – by Kristen Frost – “The Australian wool market has a history of moving in cycles – big price falls are often followed by big price rises.”
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August 17, 2020Hopes wool market can hold for coming month
FARM ON LINE – by Bruce McLeish, Elders – “The Australian wool market found a base last week and firmed-up – from a very low base.”
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August 15, 2020Recent rain helps stabilise wool production levels
FARM WEEKLY – “Much needed rain throughout the eastern states of Australia in recent months has contributed to shorn wool production levels steadying for the 2020-2021 season.”
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August 14, 2020Australia’s wool industry will benefit from China’s rise in consumer confidence
FARM ON LINE – by Kristen Frost – “Could China’s dominance of Australia’s wool industry be the commodity’s saving grace after breaking down to the current pandemic? “
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Shearing shortfall 350 staff
COUNTRYMAN – by Bob Garnant – “WA faces a potential shortage of up to 350 wool shed staff, including 180 shearers, as COVID-19 travel restrictions plague the approaching busy spring shearing season.”
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Australian wool growers meet the market as fleece prices lift
SHEEP CENTRAL – “MORE Australian wool growers met the market this week as Merino and crossbred fleece prices improved.”
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Melbourne wool auctions told to go ‘remote’ in COVID-19 lockdown
SHEEP CENTRAL – by Terry Sim – “MELBOURNE’S wool auctions have been ordered out of the Brooklyn selling centre as part of Victoria’s Stage Four COVID-19 lockdown.”
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Wool production estimate for 2020-21 lifted slightly
SHEEP CENTRAL – “AUSTRALIA’S shorn wool production dropped by more than 5 percent in 2019-20, but the rate of decline is slowing, according to industry estimates.”
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Australia’s wool industry needs to market innovative products
SHEEP CENTRAL – by Terry Sim – “CREATING and marketing innovative woollen products is the way forward for Australia’s struggling wool industry, according to leading textile consultant Jimmy Jackson.”
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Pandemic prompts sheep and cattle sales to move online
ABC – AM with Sabra Lane, Linda Mottram – by Bridget Fitzgerald – “There has been a spike in livestock and wool sales moving online as farmers adapt to crowd limits and restricted movement during the Coronavirus pandemic.”
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Rain & wool the order of Long Wool Day
COUNTRYMAN – by Bob Garnant – “Those attending Narrogin’s Long Wool Day on Friday, August 14 were all keen for a good drenching of rain to turn the dry season around.”
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August 13, 2020Covid-19 restrictions force open-cry wool auctions to temporarily cease
FARM ON LINE – by Kristen Frost – “Open-cry wool auctions have been temporarily ceased at Melbourne due to Covid-19 stage four restrictions.”
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$60,000 for wool handling schools in Glen Innes
GLEN INNES EXAMINER – by Hannah Frost – “Glen Innes wool handling schools have received a $60,000 State Government grant. The recent COVID-19 restrictions on travel have caused shortages of shearers in parts of rural NSW. Regional Development Australia (RDA) is working to ‘muster’ the next generation of shed workers.”
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Shearing shed upgrade is worker and animal friendly
NORTH QUEENSLAND REGISTER – by Joely Mitchell – “A NSW wool grower has built a new state of the art shearing shed to benefit his operation and the overall longevity of the industry.”
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Prices up for 80% of wool on offer at Australian auctions
FIBRE2FASHION – “The Eastern Market Indicator (EMI) showed a market in retraction by dropping 2ac to 1004ac clean kg, but in reality, over 80 per cent of the wool on offer increased in value at the Australian auctions this week. Thus, a better wool market greeted grower sellers this week, with a more appropriate volume of wool put up for sale relative to current demand.”
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Wool growers told to improve quality of shearing sheds
NORTH QUEENSLAND REGISTER – by Joely Mitchell – “Wool growers with inadequate shearing shed facilities may feel the brunt of the national shearer shortage more than those that have worked to improve theirs.”
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August 12, 2020Wool off-cuts used to ship food and pharmaceuticals
NORTH QUEENSLAND REGISTER – by Joely Mitchell – “Wool is able to moderate the temperature of sheep in warmer and cooler months, and now, the natural fibre is being used as an alternative thermal packaging for food and pharmaceutical products.”
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Demand for data drives Western Australian Sheep Notes online
SHEEP CENTRAL – “DATA-DRIVEN decision-making in the Western Australian sheep industry has been given a boost, with the state’s popular Sheep Notes reference publication going online.”
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NSW wool producers reject proposed mulesing ban in 2022
SHEEP CENTRAL – by Terry Sim – “NEW South Wale’s wool industry was not ready or willing for mulesing to be banned within 18 months, a NSW parliamentary inquiry heard yesterday.”
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August 10, 2020Overweight bales enormous cost to wool industry
NORTH QUEENSLAND REGISTER – by Kristen Frost – Overweight bales sent to warehouses before entering the market are not only costing the wool industry over $1 million annually, but are stretching valuable resources to the limit.”
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Growers call for a government representative to sit on AWI board
QUEENSLAND COUNTRY LIFE – by Joely Mitchell – “A wool industry group is calling on the federal government to elect one of its own representatives to sit on the Australian Wool Innovation board.”
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New season: Wool’s ‘annus horribulus’ continues
QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders Queensland wool manager – “THE wool market’s annus horribulus’ continued last week as auctions resumed in Australia, with the COVID-19 situation no closer to resolution, a weaker US Dollar and a relatively large offering of wool all contributing to a savage drop in prices.”
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August 7, 2020This week’s wool market review & update
AUSTRALIAN WOOL INNOVATION – Week ending 7 August 2020 (Week 6)
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Tough start for wool auction and forward trading markets
SHEEP CENTRAL – by Michael Avery, Southern Aurora Markets partner – “IT was another tough August start to the wool auction season with a large fall in auction prices and forward trading dormant during the week.”
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August 6, 2020Wool market down 40 per cent on last year and stockpile growing
ABC NEWS – ABC Rural – by Cara Jeffery, Josh Becker, Nikolai Beilharz and Jessica Hayes – “The Australian wool industry is going through a tumultuous time with the market now down a massive 40 per cent on this time last year.”
