FIBRE2FASHION – Courtesy: Barega Merino – “Price levels retracted across most wool types at Australian wool auction markets during the week ending January 25, despite the volume sold for the current season reaching beyond the 1-million bale mark. Merino fleece wools managed to hold on reasonably well, but all other sectors of were adversely affected during sale week 30 of the current season.”
AGRILAND – by Rachel Martin – “Two Northern Ireland sheep farmers have been nominated to replace outgoing British Wool Board chairman Ian Buchanan as the Northern Ireland rep of the national wool marketing body.”
FIBRE2FASHION – “Industry leader in product innovation and gear, 5.11 Tactical has partnered with The Woolmark Company to create professional uniforms for summer. The association will develop A Flex-Tac Poly/Wool uniform collection, comprising of men’s and women’s short sleeve and long sleeve shirts and pants. The collection will be unveiled at 2018 SHOT Show in Las Vegas.”
MANSFIELD COURIER – by Steve Vivian – “SPEAKING over the phone from the National Wool-Handling Competition, it doesn’t take long to figure Zack Currie’s passion for wool..”
PORT LINCOLN TIMES – by Jarrad Delaney – “The Australian wool market is still excited about the state of prices after six to seven weeks of strong performance.
Quality Wool national wool manager West Coast, Yorke Peninsula and Western New South Wales Glen Forbes said this year saw prices increase by 50 to 60 cents.”
SHEPPARTON NEWS – by Rodney Woods – “Wool prices reached a record high of more than 1800¢/kg recently thanks to strong demand from China.
Prices have been on the up since October, and Fox & Lillie Rural Victorian wool brokerage manager Eamon Timms said China made up 80 per cent of the market.”
THE RURAL – by Nikki Reynolds – “NEW data shows that the gross margins in Merino fine wool enterprises has risen by 55 per cent.
It is a story those in the industry are aware of given the high prices for wool, surplus sheep and prime lambs.”
SHEEP CENTRAL – by Terry Sim – “WOOL growers are replacing antiquated overhead shaft-driven sheep shearing systems after a young woman suffered significant head injuries in a New South Wales shed accident.”
SHEEP CENTRAL – “GROSS margins in New South Wales Merino fine wool enterprises have risen by 55 percent since 2016, NSW Department of Primary Industry analysis has shown.”
Wool in doldrums – “don’t bother producing it”. Lamb prices hold up well. Deer prices strong. Cattle prices hit by weaker US dollar although store prices holding on assumption US shenanigans are temporary (NZ)
INTEREST.CO.NZ – “No Christchurch sale in this reporting period so we will wait and see how the finer wools fare. Lambs wool is still firm especially wool that is at or below the 29micron grade….”