SUPPLY CHAIN BRAIN – by The Wall Street Journal – “Wool isn’t just for winter wear anymore, and its use in everything from shoes to underwear briefs is pushing prices of merino, the most popular type of wool fiber for clothes, to near-record highs.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIAN Wool Innovation will undergo a new independent review of performance and governance, the Minister for Agriculture and Water Resources David Littleproud has announced this morning.”
SBS – “Australian Wool Innovation chief executive Stuart McCullough has defended attending a $67,000 course at Stanford University at taxpayers’ expense”.
STOCK & LAND – by Alastair Dowie – “Restocker demand on breeding ewes underpinned the Elders Wycheproof sheep sale. First cross Border Leicester/Merino ewes, 1.5 years, sold to $228 while 2015 drop ewes sold between $190 and $200. First cross ewe lambs sold from around $180 to $200 with one pen selling to $220.”
DAILY MAIL – by Australian Associated Press – “Australia’s scandal-plagued wool industry peak marketing and research body will face an independent review of its performance and governance.
Australian Wool Innovation last year faced accusations of impropriety in board elections over the use of proxies.”
NORTH QUEENSLAND REGISTER – by Colin Bettles – “NEW Agriculture and Water Resources Minister David Littleproud has revealed Australian Wool Innovation’s performance and governance processes will be placed under the microscope and scrutinised via a new independent investigation.”
WWD.COM – by Lisa Lockwood – “The application process for the 2018-19 International Woolmark Prize is under way, with a new online nomination procedure to select the next group of global design talent.”
SHEEP CENTRAL – by Terry Sim – “COOTAMUNDRA stockman Shane Maurer is on a good run with his Kelpies — claiming his first national yard dog title last year and at the weekend setting a new auction record of $14,000.”
THE WEEKLY TIMES – by Alice Pohlner – “THE falling Australian dollar meant good things for wool growers last week as the eastern market indicator broke another weekly record.
The dollar dropped to US77.95c, the lowest figure for the year so far, and prompted the EMI to climb to 1820c/kg.”
QUEENSLAND COUNTRY LIFE – by Lucy Kinbacher – “ARE you ewe ready for this?
A former NRL back rower turned Ergon Energy worker has saved a crippled pregnant ewe using a pair of old shears and a Stanley knife while on a job at a property near Surat a few weeks ago. “