FARM WEEKLY – by Mal Gill – “BROADER micron Merino wools, sometimes referred to as ‘carpet wools’ by fine woolgrowers, are benefiting from a magic carpet ride of resurgent value.
Once the mainstay of WA wool production and the staple Australian fleece during wool’s heyday last century, a now limited supply of broader 21 and 22 micron wools were back in demand last week at the Western Wool Centre (WWC).”
INDIAN EXPRESS – by Sharmi Adhikary – “At the finale of the Woolmark International Prize held in January during Pitti Uomo in Florence, American designer Phillip Lim called this year’s winner—womenswear label, Bodice—“romantic, modern and relevant”. Ruchika Sachdeva, the woman behind the brand, stood humbled and elated.”
FARM IRELAND – by Jonathan Barrett and Colin Packham – ”
Sheep farmers in rural Australia waited more than half a century for wool prices to come roaring back, only to find there aren’t enough shearers to trim their golden fleeces.
The industry shackles mean suppliers in Australia, which provides about 90 percent of the world’s exported fine-wool used in clothing manufacturing, are struggling to meet demand. That has forced some garment makers to sell at a loss or reduce their wool content.”
ABC NEWS – Landline – by Fiona Breen – “An Italian buyer of Australian super fine wool has urged growers to listen to the market and end mulesing before more customers look to other countries for their merino wool.”
FARM WEEKLY – by Annabelle Cleeland – “AUSTRALIAN sheep farmers are cashing in on historic meat and wool prices, as average farm income for the sector hits a 20-year high of $170,000 this financial year.
Figures from Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released on Tuesday, show sheep producers received an estimated 35 per cent pay rise, on the back of 6pc rise in saleyard prices for lamb and a lucrative 15pc spike in wool prices.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 9 March 2018 (Week 36)
WESTERN MAGAZINE – by David Huggonson – “The photograph was taken by Reginald Sharpless in 1923 using a Brownie box camera.
Eastman Kodak had first marketed the cardboard Brownie box camera in 1900 to increase the sales of Kodak film rolls.
The low cost camera introduced the concept of the snapshot to the masses and made a fortune for the company worldwide.”
TOWN & COUNTRY – Source: Australian Wool Exchange (AWEX) – The Australian Wool Market has continued its roller coaster ride in Week 36.
The Benchmark Eastern Market Indicator (EMI) posted a new high in the previous sale, and many individual Micron Price Guides also posted new records.
But Week 36 has seen the market suffer corrections.
Nationally, there were 45,536 bales offered to the trade, a slight increase in quantity compared to Week 35.”
SHEEP CENTRAL – by Mike Avery, Southern Aurora Markets – “THE wool auction market continued to realign and confirm buyers concerns last week of a price correction.”
SHEEP CENTRAL – “MERINO wool buyers increased discounts for lower quality wool at auctions this week, and with fewer clips of preferred length, strength and vegetable matter content available, the market’s benchmark indicator fell.”