THE COROWA FREE PRESS – “Corowa Market held on Monday, May 29 with 9000 lambs yarded a decrease of 1600 from the previous week and 1500 sheep yarded a decrease of 1000.
Numbers decreased in a market that included 1400 merino lambs, prices and overall quality was back on last week, although some excellent lambs were presented and prices eased $5 to $8/head over most categories.”
VOGUE AUSTRALIA – by Angelica Xidias – ”
You heard it here first.
Max Mara has collaborated with The Woolmark Company to create a capsule collection of wool denim in celebration of the brand’s Wool Week — showcasing the unique qualities of Australian Merino wool in the process.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “NEW Zealand’s persistence to “upgrade” its Free Trade Agreement with China is set to chew a slice from Australia’s export agreement with the Asian powerhouse.
A six-month trial has been struck recently between the two countries which will enable NZ to export chilled beef, goat and sheepmeat to China for the first time, and is expected to commence late this year.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “DIMINISHING wool production in Australia is the main concern for Chinese top makers — not high prices.
Australia Wool Testing Authority China desk general manager Qiang Wang said last week that given current production he was doubtful Australia could keep up with China’s demand.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “WOOL production will grow 4.3 per cent in 2016-17, to 339 million kg greasy.
This is an increase of 4.3 per cent from the previous year, and the Australian Wool Production Forecasting Committee predicts that figure will rise again in 2017-18.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “WINTER may not officially start until tomorrow, but you would not know it from sheep and lamb prices.
Both hit record highs across a number of indicators last week, and the industry is wondering just how high it can go.
The National Merino Lamb Indicator rose to a new high of 633c/kg last week, while in Victoria the Merino Lamb Indicator surged 73c/kg in a week, to close at a record 673c/kg on Thursday.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “CHINESE investors have been urged to “put their hands in their pocket and buy farms here”, to revitalise a diminished Australian wool industry.
The China Wool Industrial Association, representing the country’s 80 major wool processors, who buy 80 per cent of Australia’s wool, last week held its conference outside China for the first time.”
THE WEEKLY TIMES – by Kate Dowler – “RECORD livestock prices, healthy wool returns and a stellar start to the season are driving up farm incomes in southeastern Australia’s livestock-producing regions.
And the better returns are flowing into towns, with some retailers reporting a lift in sales.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “LIVESTOCK prices may be positive right across the board, but for David Jolly, wool is still the winner.
Offering his annual clip at the Australian Wool Exchange in Melbourne last week, the Lexton farmer’s took a gamble on the auction system.
Mr Jolly usually sells his 90 bales on the electronic exchange, but prices encouraged him to place this year’s clip, averaging 17.6 micron, on the open auction market.”
QUEENSLAND COUNTRY LIFE – by Sally Cripps – “Sheep and wool were front and centre of Isisford’s 20th anniversary show on Saturday, and visiting stud Merino breeder, Karen Huskisson, said she was enjoying being in a place with a good sheep vibe.
She had brought six two-tooth rams out that she described as “tough buggers”, having been part of a drought feeding regime that included cottonseed, mung beans and what hay she could get hold of.”
