SHEEP CENTRAL – by Terry Sim – “AUSTRALIAN Innovation chairman Wal Merriman has admitted in a Senates Estimates hearing that he breached the AWI Code of Conduct and damaged the standing of the wool grower-owned levy-funded body.”
THE WEEKLY TIMES – by Dale Webster – “THE last Elliottdale stud flock in the world faces the chop if someone cannot be found to take it on.
Carl and Jann Terrey, who have kept the breed going for 25 years, can no longer manage the work of caring for the sheep due to ill health and increasing age.
“It would be such a shame to see them go to the butchers,” Mrs Terrey said.”
THE WEEKLY TIMES – by James Wagstaff and Natalie Kotsios – “FARM leaders are calling for change at Australian Wool Innovation to address growing unrest over corporate governance.
National Farmers’ Federation president Fiona Simson this week said embattled AWI chairman Wal Merriman needed to “seriously consider his position” at the peak wool body while Victorian Farmers Federation livestock president Leonard Vallance claimed Mr Merriman “ought to just put the shovel down and walk away from the hole”.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “RAMS have been running out the gate this season, as sheep commodity prices continue at record levels.
Rural Bank’s latest Australian Sheep update pegs the national trade lamb indicator five-year average at 521c/kg, with the October 2016 average 575c/kg. On Monday, the NTLI sat at 628c/kg, with increased export demand, up 24 per cent in value, helping to support prices.
“The value of lamb exports to China has increased 61 per cent, with improved unit prices adding to 31 per cent increase in volume,” the Rural Bank update said.”
THE AUSTRALIAN – by Stefanie Balogh – “The head of Australia’s wool industry has apologised for viewing a focus group of stud merino breeders behind a one-way mirror and swearing at a reporter.
Australian Wool Innovation chairman Wal Merriman, accused of being “punch drunk on his own power’’, delivered the twin apologies in a Senate estimates hearing in Canberra.”
THE WEEKLY TIMES – by Jenny Kelly – “HIGH performance breeding ewes are arguably the most profitable farming option with prices for wool, mutton and lambs all trending at record highs.
But where do dry sheep or Merino wethers, which have become somewhat unfashionable over the years and not grown-out and carried-on in the same numbers, now fit into the equation?”
THE WEEKLY TIMES – by Kath Sullivan – ” … Victorian Agriculture Minister Jaala Pulford said key export markets in Asia continued to grow and while the value of the state’s export red meat, dairy, horticulture, skins and hides fell, grain, seafood and wool exports increased.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “NON-mulesed Merino wool premiums are on the increase, latest figures show.
The National Council of Wool Selling Brokers of Australia says the latest data, from the Australian Wool Exchange, show premiums averaged 13-30c/kg in 2016-17 for non-mulesed Merino wool, 21 microns and finer. It compares to 1-15c/kg in 2015-16, and -3-16c/kg in 2010-11.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “AWI chief executive Stuart McCullough, AWI chairman Wal Merriman and board member David Webster during Senate Estimates in Canberra.
Australian Wool Innovation chairman Wal Merriman can control up to half the votes cast at board elections, as Senates Estimates reveal the chairman’s powerful grip on woolgrower voting.”
SHEEP CENTRAL – by Terry Sim – “Australian Wool innovation chairman Wal Merriman was told he should decline proxies given by grower shareholders, after he told this morning’s Senate Estimates hearing that he could hold up to half the potential votes in a board election.”