THE WEST AUSTRALIAN – by Bob Garnant – Countryman – “Australian wool is yet again in record territory with the benchmark indicator reaching a high of 1834c/kg on the first selling day of last week.
The Australian Wool Exchange reported the value of the wool sold was $83 million ($2013 per bale) taking the season total to $2.3 billion.
Closing the week at 1830c/kg, the Eastern Market Indicator easily surpassed the previous week’s record price of 1822c/kg, while the Western Market Indicator set a new record price of 1905c/kg, up 10c/kg on the previous week.”
THE WEST AUSTRALIAN – by Cally Dupe – Countryman – “Australian Wool Innovation chief executive Stuart McCullough says his $69,000 taxpayer-funded trip to the US for a leadership course in 2013 was part of the board’s strategy to keep him in the top job.
Speaking at the WAFarmers Vitality 2018 conference in Perth last week, Mr McCullough used his address to highlight AWI’s wool marketing efforts.”
THE WEST AUSTRALIAN – by Rueben hale and Bob Garnant – Countryman – “WA sheep producers have called for the return of a dedicated stock squad to help combat a spate of livestock thefts in WA.
It comes as the Willemenup Poll Merino stud became the latest victim of stock theft, with a reported loss of more than $60,000 from the Gnowangerup farm within the last week.”
SBS NEWS – “Eleven Pacific countries are set to sign the Trans-Pacific Partnership trade pact, pushing ahead without the United States.”
THE GUARDIAN – by Amy McNeilage – “The price of wool has reached an historic high after decades of poor returns and Australian woolgrowers are saying the market is stronger than it has been in 30 years.
The price signal, the eastern market indicator, reached a record $18.30 per kilogram this month, double where it was eight years ago. The hike has been driven by strong demand from China and European fashion houses, as well as growing interest from shoe and sportswear companies in the US.”
STOCK & LAND – by Leann Dax – “Buoyant sheep meat and phenomenal wool prices are rewarding producers considerably. The eastern states sheep indicator closed on Friday at 420c carcass weight, while the wool indicator closed last week at 1820c/kg.”
STOCK & LAND – “The Victorian agricultural industry is facing a labour crisis, which will be further exacerbated by Labor’s licence scheme. The VFF won’t shy away from the complexities of the labour issue, nor will we pretend there aren’t problems. However, a poorly thought out piece of legislation is being rushed through State Parliament without consideration to the red tape and costs it will impose across the agricultural sector.”
FARM WEEKLY – by Colin Bettles – “NEW Agriculture and Water Resources Minister David Littleproud has revealed Australian Wool Innovation’s (AWI) performance and governance processes will be placed under the microscope and scrutinised via a new independent investigation.”
FARM WEEKLY – by Tony Hughes-Owen – “THE final offering of commercial purebred Summerfield blood Dohne sheep opened the Beeck family’s, Geoffrey Beeck & Co clearing sale just north of Katanning last week, conducted by Westcoast Wool & Livestock.
Prior to offering the final four lines of sheep, Westcoast Wool & Livestock auctioneer Chris Hartley thanked Geoff Beeck and family for their long-term support, saying they were fantastic clients of the company and staunch members of the community.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “HARROW Merino breeder Wayne McClure just loves Merino wool.
“Always have and always will,” he said. And that love is finally putting a bit more back in his hip pocket.
Mr McClure sold about half his annual wool clip — 142 bales — from his 7000 Merino flock at the Australian Wool Exchange in Melbourne last week.