FARM WEEKLY – by Jodie Rintoul – “A RECORD-breaking wool market and solid sheep prices had buyers oozing confidence and ready to outlay at this year’s Merino ram sales.
On the back of a number of years’ growth in wool prices, producers who have stuck with Merinos and reaped these rewards, showed they were prepared to invest heavily in Merino genetics at sales, further improving their flocks and in turn propelling prices to record levels for a fourth consecutive year.”
FARMONLINE – by Jodie Rintoul – “WELL we have all thought the past couple of WA ram selling seasons have been big, but this year’s has been even bigger, going to a whole new level for WA stud breeders.”
ABC NEWS – NSW Country Hour – by David Claughton and Cara Jeffery – “The wool price tumbled again last week, with one broker saying he has not seen the market fall this quickly in the 40 years he has been in the industry.
The Eastern Market Indicator (EMI) has now lost 340 points, or 16 per cent, since its record high in August.”
NORTH QUEENSLAND REGISTER – “WoolPoll will go to a preference count for the first time in its history after none of the options put to woolgrowers received the required 50 per cent majority on the first count.”
QUEENSLAND COUNTRY LIFE – “REBUILDING Queensland’s sheep and wool industry, the continued rollout of wild dog exclusion fencing and encouraging new entrants will be high on the agenda for Bungunya farmer Alan Rae during his next term as AgForce Sheep and Wool president.”
QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders northern zone wool manager – “AN interesting week in the Australian wool market saw a lot of red ink on the AWEX reports, but the underlying sentiment was decidedly better than it has been in previous weeks.”
SHEEP CENTRAL – “Elders Limited has this morming released its full year financial results for the 12 months to 30 September 2018, headlined by an improved underlying profit and the announcement of a fully franked final dividend of 9 cents per share.”
WESTERN MAGAZINE – by Natalie Lyons – “Week Commencing 12/11/18
A continued downward track was seen in week 19 with the Eastern Market Indicator dropping 78 cents to finish the week at 1,776 cents/kilogram an extremely similar EMI to last season week 36 in March 2018, where the indicator closed at 1,778c/kg.”
STOCK & LAND – by Joely Mitchell – “There are concerns a lack of succession planning will lead to a shortage of wool classers in Tasmania in the future.
Roberts Tasmania wool manager Stewart Raine said in some parts of the state, classers were becoming more senior and were nearing retirement.”
THE RURAL – by Stephen Burns – “The annual spring Merino sheep sale at Jerilderie might be a long way from Letterkenny, Co Donegal, Ireland: but for agricultural student Dwayne Shiels, the distance was nothing as he felt right at home among the sheep.”