THE WEST AUSTRALIAN – by Bob Garnant – “Bourne Events model Jordan Cayless dressed in the comfort and style of Australian Merino wool in the Wagin morning sunshine, as she took the fibre back to its land of origin.
The gown, which also graced the catwalk at Woolorama, was one of eight woollen garments from China’s Jiangsu Sunshine Group on show.”
ABC NEWS – RURAL – SA Country Hour – “With a majority of Australia’s wool heading to China, a group of young wool producers have had the opportunity to see where it all goes.
The trip, organised by Australian Wool Innovation, involved a group of 15 producers from around Australia travelling together to see mills, factories and the final product in retail.”
ABC NEWS – ABC Open contributor Jason Schmidt – “A yard of sheep at sunset in Bulart, Victoria.”
SKY NEWS – “New Zealand’s wool market has picked up at the latest weekly auctions across the North and South island.
Compared with the last double auction a fortnight ago, the average price for 30-micron lamb wool rose 25 cents to $4.25 a kilogram on Thursday, while the average price for 35-micron crossbred wool increased 20c to $4.13/kg, according to AgriHQ.”
SHEEP CENTRAL – “FINE wool prices surged by up to 100 cents-plus in auction this week as the Australian market continued its bull run. Clips continued to come out of on-farm and broker storages and brokers advised against woolgrowers shearing too early to capture the high prices, as the AWEX Eastern Market Indicator rose by 26 cents to a new historical peak of 1546c/kg clean this week.”
FIBRE2FASHION – “In yet another impressive week for wool sellers at Australian wool auctions, the AWEX Eastern Market Indicator (EMI) has broken new ground once more to escalate to 1546ac clean/kg by the close of selling, a 24ac gain for the week. Strong price gains were seen for most of the wool on offer as the market defied stronger AUD against major trading currencies.”
NBR – by Tina Morrison – “New Zealand’s wool market picked up at the latest weekly auctions across the North and South islands yesterday.
Compared with the last double auction a fortnight ago, the average price for 30-micron lamb wool rose 25c to $4.25 a kilogram, while the average price for 35-micron crossbred wool increased 20c to $4.13/kg, according to AgriHQ.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 17 March 2017 (Week 37)
WESTERN MAGAZINE – “Sheep producers who donated wool to Quality Wool’s annual charity auction for the Ronald McDonald House have been thanked for their contribution, which helped raise a record $77,000.”
AGRIMONEY.COM – by Mike Verdin – “…Wool rally to end?
Also in the fibres market, commentators were cautious on expectations for a further rise in Australian wool prices, raising their forecast for year-end prices by 29 Australian dollar cents a kilogramme to 1341 cents, but remaining well below the record price of 1546 cents reported on Friday.”