THE WEEKLY TIMES – by Karolin MacGregor – “THE Campbell Town Show is the time for sheep and fleeces to shine so winning grand champion fleece there is no mean feat – and Scott Reardon has now done it twice.
This year fantastic seasonal conditions and excellent wool prices made for a buoyant atmosphere at last weekend’s show.
Midlands Agricultural Association president David Taylor said the combination made plenty of farmers happy.”
THE BORDER MAIL – by John Chanter – “The Holbrook Sheep and Wool Fair is on June 14-16 at the Holbrook Showgrounds, attracting stud breeders and more than 150 secondary school students from throughout the Riverina, southern NSW and Victoria.
Wednesday is schools day and is dedicated to educational workshops for participating schools, before they compete with their school sheep in the schools’ interbreed competition.”
NORTH QUEENSLAND REGISTER – by Annabelle Cleeland – “THE wool industry’s head honcho Stuart McCullough believes the newly announced development of the $3.6 million Wool Exchange Portal will be transformative to the industry.
The chief executive of Australian Wool Innovation believes the public reporting of industry service and broker fees are set to trigger $38M across 15 years in industry benefits.”
SHEEP CENTRAL – by Michael Avery, Southern Aurora Wool – “IT was an interesting week, with wool buyers and sellers battling to find a fair value mid-point to trade forward. Fine wools again looked under pressure and buyers were reluctant to commit forward.”
SHEEP CENTRAL – “RENEWED demand for quality Merino wool mid-week lifted prices at auction this week. The AWEX Eastern Market Indicator closed six cents higher on 1478c/kg clean, brokers passing in 9.1 percent of the 24,018-bale offering in Sydney and Melbourne.”
FIBRE2FASHION – “The AWI Wool Exchange Portal working group (WEP-WG) has endorsed the construction and implementation of a digital wool exchange platform for the long-term benefit of the Australian wool industry. The business case developed by the group has identified $38 million in consolidated industry benefits over the first 15 years of the digital selling platform.”
FIBRE2FASHION – “Supported by The Woolmark Company, Australian designers will present wool-rich collections as part of the Fondazione Pitti Immagine Discovery’s biannual ‘Guest Nation’ programme, with Australia chosen for the forthcoming spring/summer 2017 season to take place from June 13-16. Eight Australian designers will present their collections at Pitti Uomo.”
KNITTING INDUSTRY – “British Wool, the organisation that sells and promotes British grown wool to the international textiles industry, has appointed Graham Clark as its new Head of Marketing.”
NBR – by Tina Morrison – “Prices fell at New Zealand’s latest weekly wool auction, with some grades hitting their lowest level in more than seven years, amid continued lacklustre demand from China, the largest buyer, and as a higher kiwi dollar made the fibre less competitive.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 9 June 2017 (Week 49)