NZ HERALD – by Tina Morrison – “New Zealand merino wool prices are being pushed up as drought in Australia prompt farmers across the Tasman to cull stock, reducing the amount of the fine premium wool available for sale.”
SHEEP CENTRAL – by Michael Avery, Southern Aurora Markets – “LIGHT trading in the wool forward markets this week reflected the uncertainty that surrounds the industry landscape on all levels, but the balance of supply and demand will ultimately decide the outcome.”
SHEEP CENTRAL – “MERINOLINK breeders and commercial Merino producers looking for the ‘best bang for their buck’ have flocked to a $3 million project designed to double their flock’s rate of genetic gain by 2022.”
AUSTRALIAN WOOL INNOVATION – “Wool Poll 2018 … Market Intelligence … The Yarn … Review of Performance … “
STOCK & LAND – “More than $110,000 was raised to help feed livestock on drought-affected farms, thanks to support from the local community, who attended and donated at the Buy a Bale High Country Ball.
Held in Mansfield on Saturday night, more than 260 people attended the event.”
THE WEST AUSTRALIAN – Countryman – by Bob Garnant – “Merino wool fleeces were flying as Australia’s best shearers and wool handlers, including those with world titles, competed at the IGA Perth Royal Show.
Announcers Kevin Gellatly and Todd Wegner encouraged cheers from the large crowd as top-gun shearers went blow-for-blow on the boards with “nothing in it”. “
BRISBANE TIMES – by Jonathan Barrett – “Auctioneer Ian Sharp has been selling Australian agricultural products to the highest bidder since 1968, and he’s never seen demand like this before.
Earlier this year, the benchmark price for fine Australian merino wool gained a foothold above the once mythic $20/kg price, as one of Australia’s worst-ever droughts leaves farmers struggling to keep flocks fed.”
THE STRAITS TIMES – “Driven by Chinese wool mills and Italian garment makers, merino wool in Australia is enjoying a global renaissance. But in Australia’s east, where the bulk of the country’s wool is produced, a drought is cutting supplies even as demand increases.”
STOCK & LAND – by Murray Arnel – “The deteriorating season across northern Victoria saw a special sale of store lambs strike troubled waters on Thursday.
Offering yarding of 11,000 crossbred and merino lambs to a extremely limited field of buyers, prices started softer then tumbled sharply as the sale progressed in a $25 to $60 a head rate adjustment.”
STOCK & LAND – by Janine Elen – “*8 of 30 Merino rams sold to $1400, av $970
An all day helmsman auction of 30 Merino rams complemented the recent Old Dundee’s Marnoo Merino Field Day on-property open day.”