FARM WEEKLY – by Mal Gill – ““IF you can’t make a profit out of sheep at the moment you shouldn’t be farming,” was the view of West Brookton woolgrower Len Simmons after the first trading day of the year at the Western Wool Centre (WWC).”
FARM WEEKLY – “THE town of Darkan is set to come to life next month when the community hosts its inaugural Darkan Sheepfest on Saturday, February 10.
For some time, there has been a call for agricultural shows to get back to the basics of showcasing the agricultural industry, but more importantly become affordable again and that is exactly what an enterprising Darkan community is trying to achieve with the Darkan Sheepfest. “
THE WEEKLY TIMES – by Dale Webster – “MERINO ewes from a dispersal of DB Milthorpe and Son at Jerilderie topped the Deniliquin store sale today at $306.
The pen of 220 May-June 2012-drop Somerset ewes was the only lot to pass the $300 mark, with cross-bred ewes topping at $270 for a pen of 400 mulesed Blackwood Park June-July 2016 drops depastured to White Suffolk rams.”
BOMBALA TIMES – by Karen Bailey – “SOME of the heat in the wool market may be starting to dissipate as prices slipped at auctions on Thursday.
Although still at sky high levels, the Eastern Market Indicator finished Thursday’s trading at 1801 cents a kilogram.
That’s about 17c/kg softer than at the same time last week.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 19 January 2018 (Week 29)
SHEEP CENTRAL – “BUYING was more subdued in Australian wool auction rooms this week as the rising Australian dollar made purchases dearer for overseas buyers.”
SHEEP CENTRAL – “WOOL buyers paid double commercial value to help raise more than $13,000 for Air Ambulance equipment in an Elders charity auction in Melbourne yesterday.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIA’S first multi-vendor non-mulesed Merino ewe sale will be held by AuctionsPlus next month.”
FARM WEEKLY – by Mal Gill – “WA wool auctions roared into 2018 with a year-opening, record-shredding two days of sales last week producing the best results for woolgrowers in at least 20 years.”
FINANCIAL REVIEW – by Rebecca Keenan – “New uses for wool in sneakers such as Adidas AG’s marquee Ultra Boost helped drive prices to a record. They’ll only climb further this year, according to Australian wool producers.
Increased affluence in traditional markets such as China and growing demand for natural fibres in athleisure wear has coupled with limited supply to create a “perfect storm” for wool, according to Australian Wool Innovation, which represents 24,000 growers.”