NBR (NZ) – by Tina Morrison – “New Zealand wool prices fell at the latest weekly auction as more bales than expected were offered for sale.
Some 59% of bales at the North Island auction yesterday comprised strong crossbred wool. The benchmark price for 39-micron wool fell to $3.90 per kilogram, which is 20 cents/kg below the comparable North Island auction two weeks ago and 60c/kg below last week’s South Island auction, according to AgriHQ.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 9 December 2016 (Week 23)
SHEEP CENTRAL – “WOOL prices corrected down this week as buyers juggled the influence of a higher $A-US and extra wool on the market just three weeks off Christmas.”
SHEEP CENTRAL – by Michael Avery – “Southern Aurora Wool partner Michael Avery says wool forward buyers and sellers will be pricing in wool market volatility and risk as Christmas approaches.”
THE WEEKLY TIMES – by Nicola Bell – ” AGRICULTURE is worth a record value of $13.9 billion in NSW.
The NSW Department of Primary Industries 2016 Performance, Data and Insights report, released yesterday, shows the primary industries sector’s gross value of production increased by $2.1 billion, or 17 per cent, during the past two years.”
ELLE – by Lena De Casparis – “Chunky, cropped, cabled: knits are in everyone’s wardrobe this season, but now meet the collective who are making actually knitting your own pieces cool again.
Jade Harwood and friend Aurelie Popper, met while studying Textile Design at Central Saint Martins in London. The pair worked together at Alexander McQueen and Balmain in Paris, before using their combined skills to create their very own DIY fashion brand Wool and the Gang aimed to make knitting cool, fun, and fast with their simple knit kits.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “LIVESTOCK commodity prices continue to put smiles on producers’ faces.
Beef, lamb, sheep and wool rates have all remained strong through a bumper spring, as both the season and market returns align.”
QUEENSLAND COUNTRY LIFE – by Sally Cripps – “Wool length the talking point… “So long” was the comment, as soon as locks of lustrous greasy wool from south west Queensland were unwrapped and placed on the table at the Shanghai offices of Australian Wool Innovation in October.”
NZ FARMER – by Tim Cronshaw – “Merino farmers were bracing themselves for a market downturn but prices continued to rise at the Melbourne sale this week.
The small offering of 800 bales presented by the New Zealand Merino Company (NZM) contained a lot of hogget fleece and merino wool with high vegetable matter.”
SCOOP INDEPENDENT NEWS – Press Release – New Zealand Wool Services International – “New Zealand Wool Services International Ltd’s CEO Mr John Dawson reports that the North Island auction comprising 9400 bales, which was 2000 bales above anticipated roster, saw a 93 percent clearance with a continuation of targeted buying. With price levels at lowest levels for several seasons, buying activity from some sectors has been stimulated for specific types, resulting in price lifts for target wools, however there were further reductions for out of favour types.”