AGRILAND – by Sean Cummins – “Farmer-to-merchant wool trading is set to kick into gear in the coming weeks, as shearing will commence on sheep farms across the country. However – like last year – the outlook for prices remains difficult.
Although prices have yet to be set in stone, no great changes are expected from last year’s returns and prices of 50-55c/kg have been muted for lowland wool.”
THE WEEKLY TIMES – TASMANIAN COUNTRY – by Roger Hanson – “GRAZING beside the Derwent River on Arundel Farm at Macquarie Plains is Australia’s largest flock of English Leicester sheep.
Arundel Farm in the Derwent Valley has been run by Fiona Hume’s family for 124 years.”
QUEENSLAND COUNTRY LIFE – by Stephen Burns – “A highlight of the dinner celebrating the successful conclusion of the 89th annual Berridale Merino ewe competition was the public announcement of sponsorship by the rural business banking arm of ANZ.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 11 May 2018 (Week 45)
SHEEP CENTRAL – “LIVESTOCK farmers need to reclaim the emotional space in animal welfare policy discussions and align with community and consumer expectations or risk their farming practices being determined by activists.”
SHEEP CENTRAL – by Terry Sim – “WOOL officially became a $20 a kilogram fibre in Western Australia this week with the state auction market’s indicator lifting 66 cents to an historic 2018c/kg clean.”
SHEEP CENTRAL – “GROWING fears about future supplies and a weakening Australian dollar helped lift wool prices to historic levels at auctions this week.”
FARM WEEKLY – by Mal Gill – “A FORECAST rapid reduction of the current WA wool season has been reflected in wool test figures for April.
Australian Wool Testing Authority (AWTA) statistics for last month showed 36,115 bales were tested in WA, down 1857 or 4.9 per cent on the number tested in April last year.
It was also 1359 fewer than tested in March and 1237 shy of the number tested in February.”
THE REP – “The wool market traded higher yesterday and the Cape Wools Merino Indicator increased by 0,6% and by 116 points to close at a value of R190,70 (Clean). The Australian EMI increased by 1,4% this week. The Cape Wools All Wool Indicator increased by 1,0%.”
STOCK & LAND – by Joely Mitchell – “After three weeks of steady inclines, the Australian wool market has come off slightly, recording a small decrease.
The industry benchmark Eastern Market Indicator (EMI) fell by 10 cents per kilogram last week, closing at 1836c/kg.”