STOCK & LAND – by Stephen Burns – “The reputation of the Great Southern Supreme Merino (GSSM) show in Canberra as one of the premier events showcasing outstanding Merino and Poll Merino sheep drew entries from across NSW, along with Victoria, SA and WA.”
The Sheep Deer and Cattle Report: Wool prices continue to fall with big discounts for poorer quality lots (NZ)
INTEREST.CO.NZ – “…WOOL
Last week’s combined island auction again found new lows for crossbred wool, and prices are now back to levels last seen seven years ago.
Poorer quality wools have been heavily discounted and those with product poorly prepared and stained with rain received considerably less than well presented lines….”
NZ FARMER – by Graham Butcher – “What is happening with wool? I had a session with a wool broker and worked out an average in-the-hand greasy value for main shear crossbred wool for this season, as of the last sale.
With a colour of 3.5, typical for this season, 73 per cent yield, 15 cents a kilogram sale costs – the in-the-pocket value is $2.15/kg and that’s for fleece. All of that is based on a clean auction price of $3.15”
BORDER CHRONICLE – “Local shearing expert Shannon Warnest received a great honor in his home town of Willalooka at Thursday’s Australia Day Ceremony.”
EYRE PENINSULA TRIBUNE – by Catherine Miller – “GUN Willalooka shearer Shannon Warnest, who visited Sims Farm at Cleve last year to work with local students, is in the form of his life, hoping to clinch a third world championship next month.”
SHEEP CENTRAL – “FINANCIAL assistance for up to eight Queensland wool producers to undertake the Agri-Business CEO Mentoring Program this year has been announced by the state’s government.”
Tara graziers, Russell and Lyndell Neal, are reinvesting the increased profits from their lamb, mutton, and wool into improving on-property infrastructure
QUEENSLAND COUNTRY LIFE – by Martin Bunyard – “Buoyant sheep and wool prices are allowing graziers to invest in more on-property infrastructure improvements.
Russell and Lyndell Neal, Caerleon, Tara, have recently begun building new sheep yards and also upgraded their sheep handling facilities.”
SHEEP CENTRAL – “WOOLTRADE saw reduced demand from buyers as the physical auction market corrected last week.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “THE percentage of wool levies being spent on marketing compared to research and development is under scrutiny as wool production fails to recover during a time of high returns.”
NZ FARMER – “The crossbred wool market lost further ground for all styles with lamb’s wool feeling the pinch at the Christchurch wool sale last week.
Little overseas activity, combined with Chinese New Year celebrations and political instability in corners of the globe, has resulted in hand to mouth buying orders. A rising dollar did not assist trading.”