FIBRE2FASHION – “After a reasonably solid start to the selling week ending May 12, at Australian wool auctions, the last day saw that positive tone evaporate and the prices started to wane. The AWEX eastern market indicator (EMI) actually gained 5ac on the first day of selling, but lost 15ac on the last day to see a net retraction of 10ac/clean kg for the week.
The EMI closed at 1534ac clean kg. As a positive for local sellers, the USD EMI dropped off 16usc, aided mostly by forex rates, to 1128usc/clean kg which may help attract some overseas buyers back to the prompt market, the Australian Wool Innovation said in its ‘Wool Market’ weekly report for the 45th sale week of the year.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIA’S first wool-growing properties have been certified under the international sheep and wool welfare program, the Responsible Wool Standard. The first property to gain farm certification under the standard is the north-east Victorian operation Avington at Sidonia, owned by Noel and Lyndsay Henderson.”
SHEEP CENTRAL – by Terry Sim – “UP to $35 million will be invested over five years in a new Australian animal welfare partnership that will target ground-breaking research into aversive practices such as branding, dehorning, and castration.”
SHEEP CENTRAL – “VICTORIA’S Minister for Agriculture Jaala Pulford has tagged some of the first Autumn lambs of the season to highlight the mandatory use of electronic ear tags in all 2017-drop lambs and goat kids in the state.”
SHEEP CENTRAL – “RECORD livestock and wool prices and improved seasonal conditions have helped Elders to record a significant jump in net profit for the half year ending March 31.”
SHEEP CENTRAL – “FIRST cross ewes sold to $272 and Merino wethers made to $145 on AuctionsPlus last week as online numbers rose 11,657 to 45,257 head.”
STOCK & LAND – by Annabelle Cleeland – “AN incorrect diagnosis of Brucellosis crippled Michael Blake’s Galloway stud herd in 1982, and put a fire in his belly to improve the country’s biosecurity standards that has burned for 30 years.
“It was a wrongful diagnosis, it was administered by an aggressive stock inspector and the proper biosecurity protocols weren’t being implemented,” Mr Blake said.”
STOCK & LAND – by Murray Arnel – “Scanned in lamb lines of First-cross and Merino ewes were in high demand at a special sale of store sheep at Wycheproof on Friday. Crossbred lines of 16-drop young ewes, due to lamb in June-July, exceeded values of $320 a head on two occasions while also on two occasions 15-drop Merino young ewe scanned to terminal sires passed the $260 a head price mark.”
THE ADVOCATE – by Caleb Cluff – “While Creswick Woollen Mills have been one of the success stories of the region, here a a few facts about the business you may not know of.”
NORTH QUEENSLAND REGISTER – by Bruce McLeish, Elders northern wool manager – “THE lower currency failed to hold the wool market up this week with only cardings and crossbreds managing to remain in positive territory.
The lower Australian dollar muted the overall decrease for Australian growers, and although only 38,000 bales were offered and 16 per cent of these were passed-in, lower demand from overseas customers saw the market retreat after valiantly trying to hold its ground early on Wednesday.”