TENTERFIELD STAR – “Gun shearer Cameron Griffiths opted to get himself branded recently with a tattoo to mark his 40 years of shearing, also returning to the very spot he sheared his first sheep to celebrate the occasion with friends and family.”
NYNGAN OBSERVER – by Andrew Marshall – “A year of patchy and disappointing seasonal conditions in many parts of Australia is having surprisingly little impact on farmers’ spending habits, as banks report surging investment in equipment, infrastructure and property.”
NORTH QUEENSLAND REGISTER – by Bruce McLeish, Elders northern zone wool manager – “AT first it was all about the currency, and then supply concerns kicked in to push the wool market up further during the past week.
The Australian dollar traded down as low as US74.24c, its lowest level against the US dollar since June last year. According to HSBC the Aussie has now lost almost 4c in less than three weeks, the trend higher in US dollar has also come with rising risks in emerging markets. Many market participants are shorting the Australian dollar as a proxy to decreasing global growth and emerging market concerns. “
QUEENSLAND COUNTRY LIFE – by Brendan Wade – “The dry winter is here and with no sign of beneficial rains for the next three or so months, it will not be easy for many producers.”
WWD – by Alessandra Turra – “SUN SALUTATION: The Woolmark Co. has teamed with Mandarin Oriental Milan on the luxury hotel’s “Oriental Saturdays” initiative, aimed at promoting yoga and meditation practices.”
SHEEP CENTRAL – “WOOL buyers stepped up their online AuctionsPlus bale purchases as the physical auction market lifted to a record level last week.”
SHEEP CENTRAL – “ELDERS Limited has posted a statutory net profit after tax of $41.4 million for the first half of its 2018 financial year, up 8 percent on its $38.3 million profit in the prior corresponding period.”
SHEEP CENTRAL – “RISING wool prices and the alleged theft of wool bales worth more than $14,000 in Victoria have prompted a police warning for farmers to be vigilant.”
SHEEP CENTRAL – “NEW Zealand’s first online wool trading platform will hold its inaugural sale on May 22, focussing initially on selling coarse and slipe wool.”
STOCK & LAND – “The sharing of industry knowledge from around the world has been crucial to the success of the Dohne breed in Australia.
This thirst for global knowledge was behind 17 stud Dohne breeders and industry peoples’ tour of South America as part of the International Dohne Merino Conference last month.”