NORTH QUEENSLAND REGISTER – by Annabelle Cleeland – “AFTER a decade-long battle to claw back from $96 million in debt, Graziers’ Investment Company (GIC) has entered into a Members Voluntary Liquidation, marking the end of the historic era of the industry’s failed reserved price scheme.”
FARM WEEKLY – by Mal Gill – “DIVERSIFYING into Merinos and wool is a radical move for a young cattleman.
Joe Dewar, 28, who farms with his father Frank at Lime Peaks Grazing, Guilderton, has done that this year – not by dipping his toe in the water to test the temperature, but by jumping in the deep end.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “THE season may be shot in parts of NSW, but strong prices and good forward planning is helping livestock producers see it through. Dugald McKay, a sheep and wool producer between Henty and Cookardinia in the Riverina, said the season was hanging in but all signs were pointing toward weather similar to the mid-2000s.”
THE WEEKLY TIMES – by Dale Webter – “SOME of the best blade shearers in the world are coming to the Boort Show to compete on Saturday.
But they could be upstaged by a bloke about to turn 85.
Bob Rollinson, principal of Concordia Merino stud, at Mysia in Central Victoria, said he would consider bending his back to shear a sheep on the day — but only at the right price.”
THE NORTHERN DAILY LEADER – by Stephanie van Eyk – “As shearing draws to a close across the Northern Tablelands wool quality and yields are up along with the superfine wool market.
Last week’s rain may have interrupted the tail end of shearing, but no-one was complaining as substantial falls broke a two-month long dry spell.
“Most of the wool is looking exceptional,” Australian Wool Network NSW stud stock manager and northern wool representative John Croake said.”
THE WEST AUSTRALIAN – by Kaitlyn Offer – “Chinese wool merchants who thought they were buying tens of thousands of dollars worth of fine Merino wool have been sent low-grade scraps in a scam out of Melbourne’s docks.
Victoria Police believe the switch occurred between May and June, but were only alerted three weeks ago when local stakeholders got complaints from a Chinese mill.
“What was purchased was fine Merino wool and that’s probably worth between $10 to $12 a kilo and what turned up in China at the wool mills was probably worth 20c to 50c a kilo,” Detective Inspector Jamie Templeton said.”
THE WEST AUSTRALIAN – by Bob Garnant – “Dual-purpose Dohne sheep wool filled the bales for the Hagboom family, of South Dowerin, and the market was kind last week at the Western Wool Centre.
Enjoying the school holidays, Gavin and Amanda Hagboom, their sons Ashton, Fraser and Riley and Gavin’s father Colin, all witnessed a partial sale (57 bales) of their R-2H/Ridley clip sell through Landmark to a top of 1164c/kg greasy for a line of 18.5 micron wool with a yield of 60 per cent.”
THE WEST AUSTRALIAN – by Rueben Hale – “The return of the children to the farm has meant a move to greener pastures for the Hassell family of Pingelly.
It has been six months since John and Michelle Hassell moved from their previous property close to town to a more extensive property 15km further out.”
STOCK & LAND – by Andrew Miller – “KOOLE VALE
*32 of 36 Poll Merino and Merino rams sold to $1900, av $1006
*Total clearance of 15 White Suffolk rams to $1100, av $700
Success in the show ring has translated to the sale floor for Koole Vale Merinos and Poll Merinos, Costerfield, according to stud principal Alan Harris.”
THE COUNTRY – NZ HERALD – “The World Shearing and Woolhandling Championships won big last night at the New Zealand Event Association’s Annual Awards in Auckland.
The event was named Best International Event while ILT Stadium Southland took out the Best Industry Supplier category as venue for the 2017 Championships held in Invercargill in February this year.”