QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders norther wool manager – “CURRENCY again played a large role in the wool market during the past week. Although prices in US dollars rose by 22c on Wednesday, a drop in the value of the local currency meant that prices were able to rise further on Thursday without affecting the prices paid by buyers.”
RIVERINE HERALD – by Shepparton News – “Agriculture Victoria, with Meat and Livestock Australia and Australian Wool Innovation, will present a three-day Young Farmer Farm Business Boot Camp at Benalla.
The boot camp will assist young producers new to farming to understand and manage business risk, develop a business plan to grow their business and to have confidence in their future in agriculture.”
ABC FOX MONTANA – by Kolby Crossley – “A new machine allows a sheep specialist to quickly take wool samples on site. Implemented back in March this new machine manufactured by MSU’s Montana Manufacturing Extension Center (MMEC) is doing wonders for the wool industry.
Paddy Fleming, MMEC Director said, “this machine is used to test the yield of wool.” “
FARM WEEKLY – by Mal Gill – “GENETICS and breeding played a vital role in helping sell the Rangeview, Darkan, wool clip this year for more than it has ever made before.
Like other sheep farmers, Jeremy King and his father John have had an exceptional season.”
QUEENSLAND COUNTRY LIFE – by Sally Cripps – “While wool prices may be up there with the best seen for years, and cuts boosted by winter rain, the outlook in the shearing industry isn’t so rosy.
Both Eromanga grazier Stuart Mackenzie and shearing contractor Karl Goodman are sounding the alarm on how few young people are attracted to the industry these days.”
ABC NEWS – RURAL – by Jodie Gunders – “In remote south-west Queensland, just north of the New South Wales border, the property Tinnenburra is imbued with colonial history.
Originally one of the biggest pastoral properties in Australia, it once boasted the world’s largest shearing shed.
Carol Godfrey married into Tinnenburra, but the property is now in her blood, and she has run sheep on it ever since, through the highs of boom times and the lows of prolonged drought.
“I had about nine head of sheep here when we destocked, and I said I can’t get rid of the whole lot,” she said. “
THE COUNTRY – NZ HERALD – by Tina Morrison – “Less wool than forecast was offered at New Zealand’s weekly auction as farmers held back bales from sale in a weak market.
Just 6821 bales were put up for sale at yesterday’s South Island auction after 11 percent of the expected bales were withdrawn before the sale started, according to AgriHQ. Even with the low number of bales on offer, the clearance rate fell 2 percentage points from last week’s auction to 73 percent, lagging behind last year’s levels, AgriHQ said.”
SHEEP CENTRAL – “WOOL prices rose this week for smaller auction offering, reflecting a restocking of the supply chain, Australian Wool Innovation said.”
SHEEP CENTRAL – by Michael Avery, Southern Aurora Wool – “IT was another positive week on the forward wool markets, with most grower interest centred around the spring and early summer.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 5 May 2017 (Week 44)