KENT ONLINE (UK) – by Chris Price – “Administrators for farming retailer Kent Wool Growers have sold the company’s wool-handling operations.
The British Wool Marketing Board has bought the business from the farmer-owned co-operative, known as KWG, which tumbled into administration after nearly a century of trading earlier this month.”
SHEEP CENTRAL – “AUSTRALIAN wool growers and brokers reacted strongly to the dramatic market correction this week, passing in 14 percent of the auction offering.”
EYRE PENINSULA TRIBUNE – “MORLEY Poll Merino stud set a record average of $2022 at its 19th annual on-property sale at Cleve on Friday, which was $134 up on last year.
The stud also achieved an excellent clearance, with 59 out of 60 rams sold during the auction, and the final sire bought straight after the sale.”
STOCK & LAND – by Justin Conlan – “Kedleston Park
*Total clearance of 40 Merino and Poll Merino rams to $2750 (twice), av $1642
A TOTAL clearance and improved averaged shows that Kedleston Park Merino and Poll Merino stud principals John and Rosemary Humbert are continuing to be rewarded for their dedication to breeding quality dual-purpose Merinos.”
STOCK & LAND – by Annabelle Cleeland – “Record wool prices are a boon for Australia’s woolgrowers who, after enduring decades of turbulent times, are being rewarded for their willpower.
Driven by a contraction in supply and escalating demand from China, a bale of fine wool is now fetching about $3000.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “WOOL prices soared last week, as the lastest estimates have wool production holding firm.
Merino cardings were the only category which had a price drop last week, with all micron indicators across the three selling centres rising between 28c/kg and 118c/kg.”
THE WEEKLY TIMES – by Dale Webster – “SHEEP worth about $60,000 have been stolen in three separate raids on farms in north-central Victoria in the past six months.
In the latest incident, award-winning Merino breeder Colin Barlow lost 90 ewes that were about to lamb from his property at Gobarup.
The sheep had an estimated value of $300 each.
“We got the ewes in on Wednesday night to draft the lambs off on Thursday morning and there were 90 ewes missing,” Mr Barlow said.”
STOCK & LAND – by Laura Griffin – “Early Merino ram sales in Victoria, including at Bendigo’s Australian Sheep and Wool Show (ASWS) and Hamilton’s Sheepvention, augur well for those to follow.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “Australian Wool Handlers (AWH) is set to capitalise on their dominant export control of Australia’s wool clip, announcing a plan to digitally disrupt the supply chain.
AWH’s ambitious new chief executive, Michael Jones, announced widespread changes to handling of wool during the maiden WoolEX conference in Geelong, Victoria, on Friday, which was attended by about 100 industry leaders.”
STUFF BUSINESS DAY – by Chris Hutching – “Carpet maker Cavalier says a repeat of the past year’s poor performance raised the risk it might breach banking covenants,.
Chief executive Paul Alston said that over for the next 12 months the company will keep a tighter rein on spending, reduce stock, and debt, chief executive Paul Alston said.”