THE AUSTRALIAN – by Sue Neales – “China’s most powerful wool companies are starting a trial to buy wool directly from some of Victoria’s biggest woolgrowers under long-term fixed-price contracts.
The scheme, which will circumvent the traditional wool auction system, will see more than 1000 bales of wool supplied from about 10 farmers every year for the next five years, at prices averaging $18-$22 a kilogram for fine merino wool.”
QUEENSLAND COUNTRY LIFE – “Managing a livestock business in western Queensland is a significant undertaking, but new remote monitoring technology could help ease the tyranny of distance for producers.”
XINHUANET – Editor Liangyu – “MELBOURNE, May 26 (Xinhua) — A meeting of the China Wool Industrial Association (CWIA) in the Australian state of Victoria, the first time the organization has met outside China, has been hailed as a success.
More than 130 delegates representing China’s 80 major wool processors attended the meeting of the event in Ballarat, about 105 km west of Melbourne, in what has been described as a major boost for Victoria’s wool industry.”
FIBRE2FASHION – “Following a few weeks of uncertainty and mixed sentiment, the Australian wool auction market this week finally relented to a weakening price versus demand scenario. Prices for all types and descriptions across the Merino offering faltered somewhat and falls of varying degrees occurred, the Australian Wool Innovation said in its Wool Market weekly report.
however, the crossbred and carding sectors bucked the trend and stayed relatively firm around the established basis, said the report for the week ending May 26.”
SHEEP CENTRAL – by Terry Sim – “SUPERFINE wool growers have been urged to keep skin out of lambs wool by major Japanese processor Itochu Corporation.”
SHEEP CENTRAL – by Terry Sim – “A WOOL industry drugs and alcohol summit in South Australia this week has united the sector around the formation of a workplace policy on the issue.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 26 May 2017 (Week 47)
ABC NEWS – by Fiona Breen – “Australian wool farmers could be forgiven for thinking the golden age of the industry is here again as surging demand from China and Europe, particularly for the finer Merino fleece, continues to push prices skyward.”
SHEEP CENTRAL – “AUSTRALIAN wool prices faltered this week as buyer interest in superfine wool waned, according to Landmark wool technical officer Phillip Lipscombe.”
THE WEEKLY TIMES – by Karolin Macgregor – “IT MAY be one of Australia’s premier sheep and wool events but one of the highlights at next week’s Campbell Town Show is sure to be short-legged dogs.
For the first time the Dachshund Dash will be included in the show program, as will a Dapper Dachshund Fashion parade.”