QUEENSLAND COUNTRY LIFE – by Stephen Burns – “With falling sheep numbers, and reduced clip weights due to the drought, Gordon Litchfield, director Gordon Litchfield Wool, Cooma said it was imperative the two percent wool levy be maintained.”
Australian Wool Innovation – Wool market review – week ending 2 November 2018 (Week 18)
THE ADVOCATE – by Rebecca Morris – “Two potential agriculture tech start-ups from the Tasmanian Institute of Agriculture (TIA) have recently progressed to the finals of a Shark Tank-style competition.
TIA’s Lambulance and Easy Drench are the first ever Tasmanian entrants in the Australian eChallenge, an entrepreneurship program organised by the University of Adelaide.”
TOWN & COUNTRY – Elders – Season 18 – Week 18
Source: Australian Wool Exchange (AWEX)
The Australian wool market has continued its slide into negative territory in Week 18.
The national quantity increased slightly to 35,784 bales.
Buyers were again tentative in their bidding, as a result the market struggled to find a solid basis.”
FIBRE2FASHION – “Prices began to stabilise somewhat at Australian wool auction sales this week. The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) closed the week at 1854ac clean/kg, which is 1.07 per cent or 20ac lower. In US Dollar (USD) terms the market was far more stable and just a 4usc or 0.33 per cent drop to 1322usc clean/kg was recorded.”
SHEEP CENTRAL – Many Australian wool growers again held firm to not sell their clips at still lower prices at auctions this week.”
SHEEP CENTRAL – by Michael Avery, Southern Aurora Markets partner – wool – “THE time is right for a forward wool marketing strategy to smooth the bumps of an unpredictable auction market.”
STOCK & LAND – by Alastair Dowie – “Dohne
*27 of 46 rams sold to $6250, av $1550
*23 of 47 arms sold to $2500, av $1120 The NSW-based Macquarie Dohne stud, Warren, topped the 14h annual Victorian Dohne Invitation ram sale at Ballarat Thursday with a ram at $6250.”
FARM WEEKLY – by Mal Gill – “WA woolgrowers have until 2pm today, Friday, to vote in one of the most contentious WoolPolls since the current 2pc levy was introduced in 2001.
Public debate continued into this final week of WoolPoll 2018 over whether the wool levy should remain at 2pc or be reduced to 1.5pc and what impact a reduction would have on the ability of Australian Wool Innovation (AWI) to fund research and development and promotion of wool from levy revenue.”
STOCK & LAND – by Murray Arnel – “Prices bid for Merino ewes were consistent for type and quality at the Swan Hill November store sheep sale on Thursday.
The best priced in a yarding of approximately 8000 was sold at $220 a head.”