THE WEEKLY TIMES – by Karolin MacGregor – “EVEN after five decades on the committee, the Campbell Town Show is still a highlight of the year for John Taylor.
He joined the committee in 1967 as soon as he left school, but his involvement with the show started well before then. Last week he received an honorary life membership to the Midlands Agricultural Association.”
STOCK & LAND – by Murray Arnel – “My What’s In Store column this week has been inspired by several large six-figure trades witnessed in recent sheep markets, and a brief but informative visit to the Conargo property of Boonoke, owned and operated by Australian Food and Agriculture (AFA).”
TOWN AND COUNTRY MAGAZINE – “Weekly Wool Market Report – Season 17 | Week 49 Source: Australian Wool Exchange (AWEX)”
AGRILAND – by Sylvester Phelan – “Irish wool is currently trading at 60c/kg for lowland wool and things aren’t going to be getting better any time soon, according to two prominent Irish wool merchants.”
ABC NEWS – by Brooke Neindorf – “As Steve Smith leads the Australian cricket team out onto the field for a test match, wool producers from South Australia’s southern Flinders Ranges know they have a connection to the team.”
MECARDO – by Andrew Woods – “Australian Wool Innovation has stated it will progress with its Wool Exchange Portal (WEP) beyond the scoping stage and is now moving to the “discovery stage” where the portal is built. Expected industry benefits are $38 million over the first 15 years. In this article Mecardo puts this expected benefit into perspective.”
STOCK & LAND – by Annabelle Cleeland – “One of the country’s largest buyers of wool is bypassing the Australian auction system in favour of direct contractors with woolgrowers.
During the recent China Wool Industrial Association’s Wool Salon at Lal Lal Estate, near Ballarat, Tianyu Wool owner and president Qingnan Wen announced the creation of a woolgrower group which will circumvent the auction to supply China directly.”
CNBC – by Liza Tan – “The Achill farm in Australia’s New South Wales might not be where you’d expect to find a luxury brand, but this 2,500-hectare property is exactly where Ermenegildo Zegna wanted to be.
In 2014, the luxury fashion house bought a 60-percent stake in this family-run farm. For the company’s chairman, third-generation member Paolo, it was a good opportunity to work closely with wool growers to develop the right fibers for its products.”
THE WEEKLY TIMES – by Kate Dowler and Jamie-Lee Oldfield – “HIGH fine wool prices must produce a lift in the Merino flock and its productivity, or it could be “lights out” for the industry at the next major downturn.
So says Mecardo analyst Robert Herrmann, who told The Weekly Times the current rally “may be wool’s last big chance”.
While the tight supply of fine wool led to the current rally, the shortage also removed some processor capacity and customers, both of which must be rebuilt.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIAN WOOL Innovation’s proposed Wool Exchange Portal could be running within 16 months at a cost of $3-$4 million.”