QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “AUSTRALIA Wool Exchange (AWEX) Eastern Market Indicator (EMI) has soared to 1550 cents a kilogram, as the spring supply struggles to satisfy the appetite of Chinese mills.”
SHEEP CENTRAL – by Terry Sim – “WOOL grower owners of the Graziers Investment Company Ltd have voted overwhelmingly to appoint liquidators to wind-up the entity and distribute $20 million in capital to shareholders.”
SHEEP CENTRAL – “VICTORIAN farmers are being surveyed about their on-farm energy use to help inform future programs supporting producers.”
SHEEP CENTRAL – “A BULLISH wool market driven by keen demand was exposing short-term supply shortages despite earlier shearing across New South Wales, AuctionsPlus said this week.”
HERALD LIVE – by Riaan Marais – “High production numbers, good auction prices and massive demand from overseas markets contributed to a landmark year for the South African wool trade – with the Eastern Cape as the top contributor.”
JUST STYLE – by Michelle Russell – “Argentina’s wool sector is to adopt Textile Exchange’s Responsible Wool Standard as a basis for the outreach and training of the country’s sheep farmers”
STOCK & LAND – by Julian Luke – “INSTEAD of buying feed during the devastating drought last decade, Riverina couple Ian and Camilla Shippen decided to buy properties.
From an outsider’s perspective the Shippens admit increasing their debt load at a time of climatic uncertainty might have seemed crazy, but on closer inspection it appears to have been a stroke of brilliance.
They have emerged from the drought with a bigger flock than before and increased the size of their aggregation.
The Shippens are woolgrowers based at Liewah, Moulamein, NSW.”
THE WEEKLY TIMES – by Peter Tuohey – “IN THE middle of the last century, leaders of the agriculture sector recognised that having multiple farmer representative bodies weakened the influence of farmers.
They decided to do something about it, which led to a determined effort to unite farmer representation.”
THE WEEKLY TIMES – by Lyndal Reading – “A NATIONAL holiday in China did little to dent the enthusiasm of Chinese woolbuyers last week.
The Eastern Market Indicator lifted 28c/kg clean to close at 1550c/kg.
Australian Wool Innovation’s market commentary said there was strong demand for Merino wool, but crossbred wool continued to falter.
In Melbourne, the biggest gains were in the mid-microns with 20 micron gaining 57c/kg to close at 1661c/kg, while 21 micron lifted 45c/kg to finish the week at 1569c/kg.”
THE WEEKLY TIMES – by James Wagstaff and Natalie Kotsios – “POLICE have identified a number of “persons of interest” as they seek to bust a wool substitution racket that has threatened relations with Australia’s No. 1 wool customer.
It follows the revelation in last week’s The Weekly Times that at least 18 bales of Australian wool, worth tens of thousands of dollars, had been seized at Chinese woollen mills in recent months after it was discovered they contained wool vastly different from that tested in Melbourne.”