ABC NEWS – RURAL – by Brett Worthington – “The chief executive of the Australian wool industry’s peak body charged farmers and taxpayers an estimated $100,000 to attend a six-week business course in the United States which offered guest speakers, morning exercise and optional yoga.
Australian Wool Innovation (AWI) chief executive Stuart McCullough attended Stanford University’s executive program which promises to teach people “how to drive change, inspire innovation and instil excellence” across an organisation, the ABC can reveal.”
ABC – THE WORLD TODAY – by Jess Davis – ” With wool prices reaching new records and sales figures passing a billion dollars in just four months, Australia’s wool industry is in the midst of a renaissance.
It’s all down to strong demand from China and short supplies.
It’s a great story for those able to make good money again and is giving a boost to wool towns.
But some warn the peak is early next yea, and there’ll never be a full return to wool’s golden days.”
STOCK & LAND – by Joely Mitchell – “ROSEVILLE PARK
*47 of 50 rams sold to a top of $3250, av $1681
*4 of 20 rams sold to a top of $2250, av $1125
ROSEVILLE Park Merino stud returned with a bang on Wednesday, after being unable to conduct its annual ram sale at Hamilton for the first time in 30 years last year.”
THE INVERELL TIMES – “The Northern Wool Market Indicator was the highest it’s ever been at 1718 yesterday.
Australian Wool Network northern regional manager Harold Manttan, who’s based in Uralla, said the indicator gained 45 points for the week.
“The 17 micron indicator is at 2454, up 77 this week, but it’s still not as high as it was in February 2011,” he said.”
SHEEP CENTRAL – “SUPPLY concerns from European and Chinese buyers, and a favourable exchange rate, helped push the AWEX Eastern Market Indicator up 45 cents to 1623c/kg clean, surpassing the previous peak set in mid-August.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIA’S wool exporters have joined brokers in voicing concerns at purported “unanimous” agreement that Australian Wool Innovation’s Wool Exchange Portal project proceed.”
SHEEP CENTRAL – “WESTERN Australian producer body WAFarmers has urged wool growers to vote for change in the 2017 Australian Wool Innovation election.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “Rising producer unease about Australian Wool Innovation chairman Wal Merriman’s significant power in deciding who is elected to the board has prompted a last minute election pitch from the industry’s chief.
Many woolgrowers are boycotting undirected proxy votes at AWI’s upcoming board election on 17 November after recent Senate estimates revealed Mr Merriman could stack votes after seeing how early votes were cast ahead of election day.”
FARM WEEKLY – “THE long-term sustainability of the WA sheep flock will be in focus when livestock export industry stakeholders gather in Perth on Wednesday, November 15 and Thursday, November 16 for the LIVEXchange 2017 conference.”
NORTH QUEENSLAND REGISTER – by Gregor Heard – “THE CHAIRMEN of Australia’s two leading national grain grower lobby groups have said the scandal surrounding Australian Wool Innovation (AWI) will have an impact on any moves to change the structure of the Grains Research and Development Corporation (GRDC).”