RNZ – Business / Country – “Wool producers are struggling to get by as export values continue to plunge, a Marlborough sheep farmer says. The latest wool export data shows volumes rose 14 percent in the four months to October, compared to the same period last year.
But overall values are down 10 percent as prices for strong, medium and cross-bred wool keep dropping.”
SHEEP CENTRAL – by Andrew Marshall – “Historic NSW sheep property, “Raby”, at Warren, which will be split into four blocks following its sale last week by Hassad Australia.
South Australian aggregations “Glendale” near Clare, and “Ungarra” on the Eyre Peninsula have also been sold following a relatively short period in Hassad’s portfolio.”
THE RURAL – by Marty Moses – “WOOL prices fell by 14c/kg at auction sales with the eastern market indicator settling at 1669c.
Moses and Son principal, Marty Moses said after an unprecedented positive run upward, the change in the market could only be described as blip on the radar this week, as news of next week’s 51,982 bale offering.”
NORTH QUEENSLAND REGISTER – by Annabelle Cleeland – “A BACCHUS Marsh man has been arrested following a Police investigation into a series of alleged wool thefts in Melbourne earlier this year.
The 47-year-old man was arrested in Spotswood on Tuesday and was taken to a nearby police station for questioning.
He has been released and is expected to be charged on summons for theft and deception-related offences. A search warrant was executed in Laverton North where wool samples and documents were seized.”
THE STANDARD – “Winslow merino wool producer Brendan Finnigan reckons this year is the best of his 15 years in the region as a winegrower.
Wool prices this year had been “red hot” and seasonal conditions this year had been good, Mr Finnigan said.
Wool from his flock, which has a micron of between 15-18.5 microns, sold for about 1700 cents a kilogram in August and he’s expecting prices to remain high when he sells again early in the new year.”
RIVERINE HERALD – by Shepparton News – “The Royal Agricultural Society of Victoria’s McLennan-McColl Flock of the Year competition, supported by Merino Victoria, will open to commercial Merino producers in the Bendigo, Ballarat and Serpentine regions for the 2018 event.
The competition is named in honour of two of the Merino industry’s most well-respected participants, wool producer Neil McLennan and wool classer Keith McColl.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIAN wool growers should get a vote on how their levy funds are spent, in the 2018 WoolPoll, former Australian Wool Innovation director and past WoolPoll chair John Keniry said today.”
SHEEP CENTRAL – “A SIGNIFICANT thunderstorm and rainfall system is evolving across southern and eastern Australia with the potential for widespread flooding in parts of Victoria and southern and central NSW.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIAN Wool Innovation shareholders who received their 2017 voting papers late or not at all support an investigation into the flawed election mail-out and possibly another poll, if the number of affected votes is large.”
SHEEP CENTRAL – “A series of low pressure troughs produced moderate falls across northern Australia. Moderate to locally heavy falls were recorded in southeastern Australia. The highest weekly total was 187mm at Nardoo Station in northwest Queensland.”