QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders norther wool manager – “THE wool market continued to meander down this week. More dramatic moves were seen in local currency terms with a stronger Australian dollar seeing the price moves basically double those registered in US dollar terms.”
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FIBRE2FASHION – “The ministry of textiles has taken multiple steps to promote the wool sector in India in the last three years, according to the latest achievements report of the ministry. A total grant of Rs 33.98 crore has been released under pashmina Wool Development Scheme (PWDS) and pashmina Promotion Programme in the last three years, says the report.”
FARM WEEKLY – by Mal Gill – “ELECTRONIC bale tags recording which farm wool comes from and who classed it, as well as a description and specification, cannot come soon enough for Elders Western Australian wool manager Danny Burkett.
“I just can’t wait, electronic tagging will stop a lot of (industry supply chain) problems, improve efficiency and save everyone some money,” Mr Burkett told 12 trainee wool classers touring Elders show floor and wool store last week.”
QUEENSLAND COUNTRY LIFE – by Lucy Kinbacher – “MEET Peter Harvey.
You might not know him but this man is the silent secret behind the success of many of Queensland and Australia’s top sheep studs.
Mr Harvey, who is the managing director of Southern Stock Services in Trangie, NSW is a nutritionist who provides nutrition programs for studs including Wilgunya, Mount Ascot, Towalba and Coban.”
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.”